Outcome of Board Meeting held on Friday, 29th May 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Triumph International Finance India Ltd reported audited results for FY ended March 2026 with total income of Rs 419.46 Lacs and net profit of Rs 390.90 Lacs (vs Rs 366.67 Lacs previous year). The statutory auditor issued a QUALIFIED OPINION citing multiple material concerns: SEBI has cancelled the company's stock-broker registration and NSE declared it a defaulter; Rs 67.09 crores receivable from Classic Credit Limited is considered doubtful of recovery; Rs 3.56 crores paid to Panther Investrade Limited is under DRT litigation; unrecognised interest liability on a Rs 46.76 crore PNB loan (non-compliant with Ind AS 37 and 109); and shares/securities worth Rs 1063.73 Lacs in demat account with unclear ownership. The company's equity stands deeply negative at Rs -6,409.62 Lacs with accumulated losses. Operating cash flow is negative at Rs -390.94 Lacs for the year. The auditors highlighted going concern uncertainty despite accounts being prepared on that basis.
The stock carries extreme risk given the qualified opinion, negative equity, negative operating cashflows, and loss of broker registration. Shareholders face potential total loss of value as the company is effectively insolvent with negative net worth and multiple doubtful assets.