Sparc Electrex FY26 loss widens to Rs 4.46 cr; bank account frozen

Qualified OpinionEmphasis Of MatterPat NegativeRevenue DeclineNegative Operating CashflowResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹5.45

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.9% vs market

Computers - Software & Consulting peers, median of 69sector+0.5%-5.5% vs sector

On the reaction day the stock moved 4.9 pts less than Nifty Microcap 250 and 5.5 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0-0.1-4.9+0.5-5.5

Next day

-9.5-0.7-8.8-0.0-9.5

-13.0-1.0-12.0-0.7-12.4

-18.0+0.0-18.0-0.9-17.1

-6.6+0.2-6.8-1.1-5.5

-11.2+1.1-12.3+0.1-11.3

-15.6+0.9-16.5+0.1-15.7

15d

-13.8+0.8-14.5+2.9-16.7

-9.9-0.8-9.1+0.3-10.2

-15.6+5.0-20.6+3.2-18.8

-26.6+5.0-31.6-4.7-21.9

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 69Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

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.