Announced Tue, 7 Jul · 14:36 IST
Auditor issues disclaimer on Vaxfab FY26 results
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹60.10
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AI summary
Board approved audited FY26 results but auditor Chandabhoy and Jassoobhoy issued a disclaimer of opinion on both standalone and consolidated figures. Reasons include poor record keeping by previous management, unsecured loans without agreements, and MSMED non-compliance. Standalone PAT rose to 363.80 lakh from 58.42 lakh on revenue of 9959.59 lakh. Consolidated PAT swung to a loss of 463.08 lakh against a profit of 48.93 lakh.
Likely market impact
Disclaimer of opinion is worse than qualified and raises serious doubts about reliability of reported numbers. Investor caution strongly advised.