Q3 FY26 results: PAT falls 79 percent on Avon subsidiary issues

Qualified OpinionEbitda Margin CompressionExceptional ItemResults RestatedResults View source PDF Explain this filing

UDS · 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

-5.8%Reaction day

₹164.50

prior close

₹152.01

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-5.0% vs market

Diversified Commercial Services peers, median of 69sector+0.0%-5.8% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 5.8 pts less than its Diversified Commercial Services 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

-1.8

10m

-1.7

15m

-1.4

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.8-0.8-5.0+0.0-5.8

Next day

-4.6+1.8-6.3+1.5-6.1

+2.4+2.8-0.4+2.0+0.5

-1.4+2.3-3.7+2.6-4.0

-3.3+1.8-5.1+0.8-4.1

-6.8+0.3-7.1+0.0-6.8

-4.0+0.5-4.5-1.2-2.8

15d

-4.8-2.5-2.3-4.7-0.2

-7.9-6.3-1.6-7.4-0.5

-10.3-8.0-2.4-9.4-0.9

-3.0+8.3-11.3+4.5-7.5

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 69Pending

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

AI summary

Consolidated revenue rose 10.4 percent YoY to 7,671 million in Q3 FY26. However, PAT fell 79 percent to 66.12 million from 311.54 million, hit by a 201 million expected credit loss on trade receivables linked to alleged irregularities in subsidiary Avon Solutions. BSS segment swung to a loss of 99.32 million from 151.44 million profit. 9M PAT dropped 35 percent to 554.06 million. Auditor BSR issued a modified conclusion on consolidated results, flagging pending investigation at Avon.

Likely market impact

Sharp profit drop and auditor qualification on subsidiary irregularities are negative signals. Stock sentiment likely weak until Avon probe concludes.