Announced Tue, 23 Jun · 21:35 IST
Sparc Electrex FY26 loss widens to Rs 4.46 cr; bank account frozen
Qualified OpinionEmphasis Of MatterPat NegativeRevenue DeclineNegative Operating CashflowResults View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-9.5%1-day move
₹5.45
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.5-13.0-18.0-6.6-11.2-15.6-13.8-9.9——
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AI summary
FY26 income fell about 80 percent to Rs 73.07 lakhs from Rs 366.10 lakhs. Net loss widened to Rs 446.18 lakhs. Q4 revenue was nearly zero. Auditors gave a qualified opinion, flagging Rs 231.47 lakhs inventory write-off, Rs 48.16 lakhs receivables write-back, and Rs 99.09 lakhs payables write-off without documents. Bank account was frozen in Nov 2025 over unpaid tax demands. Cash fell to Rs 24.77 lakhs with negative operating cash flow.
Likely market impact
Massive losses, revenue collapse, qualified audit, and frozen bank account signal serious financial distress. Major red flags for shareholders.