This is to inform you that 237th Meeting of the Board of Director of the Company was held on 14thFebruary, 2026at the registered office of the Company, C-1/ 290, GIDC Estate, Phase- I, ....
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The 237th Board Meeting of Super Crop Safe Ltd held on February 14, 2026 approved unaudited Q3 FY26 results. Q3 revenue grew ~36% year-on-year to Rs 1,710.58 lakhs, but net profit crashed ~61% to Rs 35.84 lakhs. For nine months, revenue rose to Rs 3,954.68 lakhs but profit fell ~20% to Rs 215.98 lakhs. The auditor flagged major concerns including unpaid statutory dues of Rs 393.73 lakhs (up from Rs 381.01 lakhs in September), over 55% of sales being related-party or barter transactions (Rs 21.89 crores of Rs 39.55 crores), more than 55% of debtors being old/outstanding, and significant piling up of salary arrears. The auditor explicitly stated these issues cast significant doubt on the company's ability to continue as a going concern, though management prepared accounts on a going-concern basis.
This is a serious red flag for retail investors. The auditor has raised a going-concern doubt, profits are collapsing despite revenue growth indicating severe margin compression, and majority of sales flow through related-party arrangements, raising serious corporate governance and sustainability concerns.