We herewith submit audited standalone and consolidated financial results for the quarter/year ended on 31/03/2026 along with Auditors report and declaration of unmodified opinion.
Awaiting price reaction for this filing.
Integra Switchgear Ltd reported a significant deterioration in financial performance for FY2026. Consolidated total income dropped sharply to Rs 2.49 lakhs from Rs 12.89 lakhs in the previous year, while expenses surged to Rs 31.36 lakhs from Rs 11.39 lakhs. The company posted a consolidated net loss of Rs 29.07 lakhs compared to a profit of Rs 1.51 lakhs in FY2025. EPS turned negative at Rs -1.01 per share. Operating cash flows were deeply negative at Rs -37.18 lakhs (standalone) and cash reserves declined significantly from Rs 160.90 lakhs to Rs 56.52 lakhs. The company acquired Bimal Switchgear Private Limited as a wholly-owned subsidiary on 29/12/2025. The statutory auditor D.C. Parikh & Co. issued an unmodified opinion confirming true and fair view.
The stock is likely to face significant selling pressure due to steep revenue decline, substantial losses, and negative cash flows. The company's negative equity position (Other Equity at -Rs 121.40 lakhs) raises serious concerns about its ability to continue as a going concern despite the clean audit opinion.