Board approves Q1 FY27 results, auditor gives qualified conclusion

Qualified audit opinionRevenue growth above 20%Profit growth above 25%Results View source PDF Explain this filing

URAVIDEF · 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

+1.7%Reaction day

₹107.00

prior close

₹107.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+1.6% vs market

Auto Components & Equipments peers, median of 116sector-0.0%+1.7% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.7 pts more than its Auto Components & Equipments 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

+1.1

10m

+1.1

15m

+1.8

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+0.1+1.6-0.0+1.7

Next day

-0.9+0.2-1.1+0.3-1.2

-1.3+0.6-1.8+0.5-1.7

-2.9-0.0-2.9-0.5-2.4

+1.3+0.5+0.8-0.7+2.0

+2.6+0.8+1.9-0.2+2.8

+2.2+0.6+1.6-1.3+3.5

15d

+10.4+1.3+9.2-1.5+12.0

+4.7-1.4+6.0-3.9+8.6

+0.7-0.6+1.3-5.4+6.1

—————

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 116Pending

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

AI summary

Board approved unaudited Q1 FY27 results. Standalone total income rose to Rs 1,084 lakh from Rs 860 lakh, but net profit dipped to Rs 28.62 lakh from Rs 37.06 lakh. Consolidated PAT rose to Rs 70.49 lakh from Rs 32.30 lakh. Auditors gave a qualified conclusion on consolidated numbers due to unaudited SPAFAX associate financials contributing Rs 85.30 lakh share of profit. Board appointed Viren Gandhi and Co as statutory auditor for 5 years and noted a Rs 1.06 lakh penalty from BSE and NSE.

Likely market impact

Qualified opinion on consolidated results is a recurring concern, though management expects no material adjustments. Standalone profit decline offset by strong consolidated growth.