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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zodiac-JRD-MKJ Ltd reported standalone revenue of Rs. 2,835.33 lakhs for FY2026, up 21.5% from Rs. 2,334.06 lakhs in FY2025. Net profit surged to Rs. 287.01 lakhs from Rs. 42.38 lakhs (577% growth), with EPS at Rs. 3.01 versus Rs. 0.83 previously. The auditor issued a qualified opinion citing three issues: bank balances of Rs. 40,436/- without supporting documentation, incomplete GST reconciliation, and non-compliance with Ind AS 19 for employee retirement benefits. The consolidated results include subsidiary VEM Plastic Molding Private Limited contributing Rs. 2,081.96 lakhs revenue and Rs. 99.28 lakhs net profit. Despite profitability, standalone operating cash flow was significantly negative at Rs. 1,173.51 lakhs due to large working capital outflows.
Strong profitability growth is positive, but the qualified audit opinion raises red flags about financial controls and compliance. The negative operating cash flow despite profits suggests potential working capital stress. Investors should monitor the company's ability to address auditor concerns and improve cash generation.