Techindia Nirman Ltd

📉 Techindia Nirman Ltd. FY2026 Results: Key Financials & Auditor Qualifications

• Net loss for the year: ₹62.64 lakhs (loss per share: ₹0.44)

• Revenue from operations: ₹0 for both the quarter and year

• Total income: ₹0.34 lakhs for the year

• Employee benefit expenses: ₹13.90 lakhs

• Depreciation and amortization: ₹4.22 lakhs

• Finance costs: ₹29.30 lakhs (up from ₹15.97 lakhs previous year)

• Total assets: ₹8,123.65 lakhs (down from ₹8,546.48 lakhs)

• Cash and cash equivalents: ₹4.49 lakhs

• Borrowings: ₹7,063.30 lakhs (primarily from group entities)

• Auditors issued qualified opinion due to:

- Non-accounting of interest on borrowings (₹6,234.68 lakhs)

- Uncertainty from past insolvency proceedings

- Concerns over recoverability of advances (₹5,320.70 lakhs)

• Board reinstated by NCLAT in December 2025

• Corporate Insolvency Resolution Process set aside by NCLAT, now sub-judice in Supreme Court