Toyam Sports reports qualified audit opinion with multiple qualifications for FY26
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Toyam Sports Limited auditor issued a repetitive qualified opinion on FY26 results. Standalone net loss Rs 29.78L on income of Rs 0.65L; consolidated net loss Rs 1,866.36L on income of Rs 91.74L. Key issues: no Expected Credit Loss provisioning on loans and advances, over 50 percent assets in financial activities but not RBI-registered as NBFC, SEBI investigation ongoing with Enforcement Directorate freezing shares, and non-compliance with TDS and professional tax due to fund shortage from LLC T20 Cricket League losses.
Serious red flags: repetitive audit qualifications, SEBI probe with frozen shares, and going concern doubts from statutory dues default. Shareholders face significant risk.