Q1 FY27 results approved; auditor flags qualified opinion on consolidated numbers

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

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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

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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

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.7+0.1+1.6-0.0+1.7

Next day

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15d

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+4.7-1.4+6.0-3.9+8.6

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

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AI summary

Board approved Q1 FY27 (June 30, 2026) results. Standalone revenue rose 24 percent YoY to Rs 1,032.89 lakhs but net profit dipped to Rs 28.62 lakhs from Rs 37.06 lakhs. Consolidated PAT jumped to Rs 70.49 lakhs from Rs 32.30 lakhs, helped by associate share. Auditors issued qualified opinion on consolidated results because Spafax associate financials are unaudited. Viren Gandhi and Co named as statutory auditor for 5 years.

Likely market impact

Solid topline growth but standalone profit fell; qualified opinion and regulatory fine are negatives. New auditor appointed.