1. the Consolidated audited Financial Results of the Company for the financial year ended March 31, 2026; The copies of the Results together with the Reports issued by M/s. S P A K & Associates, ....
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 01 Jun 2026, 05:53 PM IST · BSE ID: 8077c901-f5b9-4cc3-9df4-4d6fbe6923e5
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a profit for the year, but its auditors noted concerns with the consolidated financial statements.
🤖 AI Summary
- Board approved consolidated audited financial results for FY26, reporting net profit of Rs. 16.40 Lakhs.
- Auditors issued a qualified opinion on the consolidated audited financial results for the year ended March 31, 2026.
- Standalone audited financial results for FY26 were approved with an unqualified audit opinion.
- Mr. Sourabh Gopichand Gaikwad resigned as an Independent Director effective Monday, June 01, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Net Profit for FY26
16.40 Lakhs
Consolidated Revenue from Operations for FY26
1,087.33 Lakhs
Consolidated Total Assets as of March 31, 2026
8,549.51 Lakhs
Cash and cash equivalents at end of FY26
5.81 Lakhs
🏢 How This Affects the Company
The company reported a consolidated net profit of Rs. 16.40 Lakhs for the financial year ended March 31, 2026. Total consolidated revenue from operations was Rs. 1,087.33 Lakhs.
The qualified audit opinion on consolidated results introduces a financial reporting risk, indicating areas of concern noted by the auditors.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance and audit outcomes. The qualified opinion on consolidated results indicates potential issues in financial reporting.
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Management Signal
Management confirmed a qualified audit opinion on consolidated results and an unqualified opinion on standalone results, indicating their adherence to disclosure regulations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 financial results — check for sustained profitability and revenue.
Auditor's report details — specifically address reasons for qualified opinion.
Any further board changes — monitor director appointments or resignations.
MEDIUM RISK
A qualified audit opinion on consolidated results introduces uncertainty regarding the financial statements' accuracy.
💡 Investor Takeaway
Ace Men Engg Works reported a consolidated net profit of Rs. 16.40 Lakhs for FY26. However, the auditors issued a qualified opinion on these consolidated results, while standalone results received an unqualified opinion.
⚖️ Strengths & Concerns
✅ Positives
- Achieved a consolidated Net Profit of Rs. 16.40 Lakhs for the financial year ended March 31, 2026.
- Reported consolidated Revenue from Operations of Rs. 1,087.33 Lakhs for the year ended March 31, 2026.
⚠️ Concerns
- Auditors issued a qualified opinion on the consolidated audited financial results for the year ended March 31, 2026.
- Cash and cash equivalents at the end of the year were Rs. 5.81 Lakhs, a decrease from Rs. 21.27 Lakhs at the beginning of the year.
📅 Company Track Record
Past filings on June 01, 2026, indicated Ace Men Engg Works FY26 consolidated net profit of Rs. 16.40 Lakhs with a qualified audit opinion, which this current filing confirms and details.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Ace Men Engg Works' consolidated net profit for the financial year ended March 31, 2026?
Ace Men Engg Works reported a consolidated net profit of Rs. 16.40 Lakhs for the financial year ended March 31, 2026.
Did the auditors issue a qualified opinion on Ace Men Engg Works' financial results for FY26?
Yes, the auditors issued a qualified opinion on the consolidated audited financial results for the financial year ended March 31, 2026, but an unqualified opinion on the standalone results.
What was the consolidated revenue from operations for Ace Men Engg Works in FY26?
The consolidated revenue from operations for Ace Men Engg Works was Rs. 1,087.33 Lakhs for the financial year ended March 31, 2026.
Has there been any director resignation at Ace Men Engg Works?
Mr. Sourabh Gopichand Gaikwad resigned as an Independent Director of Ace Men Engg Works, effective Monday, June 01, 2026.
Questions based on this BSE filing only. For information purposes.