Stock Exchange and Stakeholders are requested to take on record the Outcome of the Board Meeting as attached.
Awaiting price reaction for this filing.
Univa Foods Limited reported FY26 revenue of Rs. 50 Lakhs (up from near-zero in FY25) with a loss of Rs. 12.86 Lakhs, improved from Rs. 20.84 Lakhs loss in FY25. Q4 FY26 showed a profit of Rs. 12.80 Lakhs. The company has negative net worth with total equity at negative Rs. 88.45 Lakhs, and non-current borrowings increased to Rs. 103.49 Lakhs. Operating cash flow remained negative at Rs. 27.69 Lakhs. Statutory auditors B.M. Gattani & Co. issued an unmodified (clean) opinion with no going concern qualification despite negative equity and cash losses. Deferred tax assets were not recognized due to lack of virtual certainty of future taxable income. The company also appointed M/s. Akash Prajapati and Company as internal auditors for FY25-26 and FY26-27.
The company shows marginal improvement in losses but continues to face serious financial distress with negative net worth and negative operating cash flows. The clean audit opinion provides some comfort, but negative equity signals significant solvency risk for shareholders.