Board Considered and approved the Un-audited financial result for the quarter and half year ended 30/09/2025

Going-concern doubtQualified audit opinionEmphasis of matterNet loss reportedNegative operating cash flowResults 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

-2.8%Reaction day

₹15.95

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.7% vs market

Industrial Products peers, median of 117sector-0.6%-2.3% vs sector

On the reaction day the stock moved 2.7 pts less than Nifty Microcap 250 and 2.3 pts less than its Industrial Products 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

-2.8-0.1-2.7-0.6-2.3

Next day

+0.0-0.2+0.2-0.7+0.7

-0.1+0.4-0.5-1.0+0.9

-5.0-0.4-4.6-2.0-3.0

-0.4-0.6+0.1-1.9+1.5

-5.4-0.9-4.5-2.6-2.8

-1.8-3.0+1.2-4.5+2.7

15d

-3.4-3.9+0.4-6.0+2.6

-15.2-4.8-10.4-6.8-8.5

-17.6-7.8-9.8-12.7-5.0

-28.9-7.2-21.7-14.4-14.5

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 117Pending

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

AI summary

The board of Thakral Services India Ltd approved unaudited financial results for the quarter and half year ended September 30, 2025, on November 12, 2025. Revenue from operations for Q2 stood at around Rs. 623 lakhs, sharply lower than Q1 FY26 (around Rs. 7,433 lakhs). The company continues to report losses, with total comprehensive income negative for the period. Net worth is fully eroded at negative Rs. 534.71 lakhs, against paid-up equity capital of Rs. 352.05 lakhs. The statutory auditor (K.S. Rao & Co.) issued a qualified conclusion citing two issues: an EPFO recovery order of Rs. 60.36 lakhs (under interim stay) and non-compliance with Ind AS 109 accounting for interest-free loans of Rs. 807.41 lakhs. Operating cash flow was negative at Rs. (19.72) lakhs for the period. The company's main business was transferred to Thakral Innovation Pvt Ltd effective October 1, 2023.

Likely market impact

Significant red flags for shareholders — qualified auditor conclusion, fully eroded net worth, accumulated losses of Rs. 1,286.76 lakhs, and an explicit going concern uncertainty. Stock may face selling pressure as the auditor has flagged material doubt about the company's ability to continue as a going concern.