Announced Mon, 4 May · 20:05 IST

Board considered and approved the audited financial results for the quarter and year ended 31/03/2026

Qualified OpinionGoing ConcernRevenue Growth 20pctPat NegativeRelated Party TransactionsResults View source PDF

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

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AI summary

Thakral Services India reported annual revenue of ₹108.73 Lakhs for FY26, up from ₹51.35 Lakhs in FY25. However, the company posted a net loss of ₹3.15 Lakhs for the year (vs loss of ₹25.31 Lakhs in FY25), showing improvement. The company has accumulated losses of ₹1,272.87 Lakhs and negative net worth of ₹920.82 Lakhs. The auditor issued a Qualified Opinion due to two issues: an unresolved EPFO recovery order of ₹60.36 Lakhs (with interim stay from Karnataka High Court) and non-compliance with Ind AS 109 for interest-free loans of ₹811.35 Lakhs. The company's operations were transferred to Thakral Innovation Pvt Ltd effective October 2023. Trade receivables of ₹30.71 Lakhs remain unconfirmed by customers.

Likely market impact

The company continues to face severe financial distress with eroded net worth, though losses have narrowed. The Qualified Opinion and Going Concern warning highlight significant accounting and operational risks that shareholders should monitor closely.