Financial result for the fourth quarter and fiancial year ended 31st March 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wardwizard Foods reported FY2026 total income of ₹23,998.44 lakhs, a massive jump from ₹9,390.38 lakhs in FY2025 (~156% growth). Revenue from operations grew from ₹9,277.90 lakhs to ₹23,773.12 lakhs. The company turned profitable with PBT of ₹69.90 lakhs (vs loss of ₹1,386.15 lakhs in FY25) and PAT of ₹131.07 lakhs (vs loss of ₹1,368.64 lakhs). However, the statutory auditor issued a qualified opinion due to concerns about recoverability of advances worth ₹760 lakhs and other financial assets of ₹108 lakhs where no impairment or ECL provisions were recognized. Additionally, borrowings of ₹328.07 lakhs could not be independently verified as confirmation statements were not provided. Management claims these amounts are recoverable and under active monitoring. An internal auditor was also appointed for FY2026-27.
The company returned to profitability with strong revenue growth, but the qualified auditor opinion raises red flags about potentially unrecoverable assets worth ₹868 lakhs, which could impact future financials if provisions are required.