Audited Financial Results along with the Auditors Report for the Quarter and Year ended 31st March 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company reported an audited net loss of Rs. 11.61 Lakhs for FY2026, improved from Rs. 18.56 Lakhs loss in FY2025 (37% reduction in losses). Total expenses stood at Rs. 11.61 Lakhs for the year. The balance sheet shows serious concerns with negative total equity of Rs. (90.98) Lakhs (down from Rs. (79.37) Lakhs), indicating accumulated losses have eroded shareholder funds. Borrowings increased to Rs. 52.29 Lakhs from Rs. 38.24 Lakhs. The company relies heavily on short-term loans from directors (Rs. 14.05 Lakhs added). Operating cash flow remained negative at Rs. (12.58) Lakhs. The statutory auditor S. Daga & Co. issued an UNMODIFIED (clean) opinion on the financial statements, and the company provided the required declaration confirming clean audit.
Despite improved losses, the company's negative equity position (net worth) and persistent operating cash outflows signal serious financial distress. Shareholders face extreme risk as assets are insufficient to cover liabilities. The clean audit opinion may provide temporary relief but does not address fundamental solvency concerns.