1. Unaudited Quarterly Financial results (Standalone and Consolidated) along with Limited review report for the quarter ended June 30, 2026.
2. Resignation of B.R. Gupta & Co. as the Statutory ....
RESULTS
◆ Monitor Closely
HIGH RISK
📅 Filed on BSE: 01 Aug 2026, 05:49 PM IST · BSE ID: 25f93472-1d11-450b-8bfd-089b86a009be
View Original BSE Filing (PDF)
💡
In Simple Terms
Addi Industries announced its Q1 financial results, changed its audit firm, and auditors noted a concern about its future business plans.
🤖 AI Summary
- Addi Industries Ltd approved unaudited standalone total income of ₹ 13.34 lakh for the quarter ended June 30, 2026.
- The Board approved unaudited consolidated total income of ₹ 13.75 lakh for the quarter ended June 30, 2026.
- M/s B.R. Gupta & Co. resigned as statutory auditors effective August 1, 2026, citing no concerns with management.
- M/s Shilpi Sharma and Co LLP were appointed as statutory auditors to fill the casual vacancy and for a five-year term.
- Auditors noted a material uncertainty about the company's going concern status due to an un-implemented new business venture.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Total Income
₹ 13.34 lakh
Standalone Profit Before Tax
₹ 106.62 lakh
Consolidated Total Income
₹ 13.75 lakh
Consolidated Profit Before Tax
₹ 110.28 lakh
🏢 How This Affects the Company
The company is exploring modalities to start a new business venture, which has not yet been implemented, indicating no immediate change to its current business operations.
The auditor's report highlights a material uncertainty regarding the company's ability to continue as a going concern, despite positive net worth and significant cash & bank balances.
No direct operational changes are specified in the filing, other than the continued exploration of a new business venture.
The auditor's going concern note introduces a new risk element related to the company's future viability and business strategy execution, which the management believes is mitigated by future opportunities and financial strength.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take immediate action based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial results and the auditor's going concern note, which indicates a potential risk to the company's long-term operations.
🔍
Management Signal
The management's decision to continue on a going concern basis, despite auditor concerns, signals confidence in exploring new business opportunities and leveraging existing financial strength.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Further updates on the new business venture implementation plan and timelines
Q2 FY27 financial results for revenue and profit trends
Shareholder approval for the appointment of M/s Shilpi Sharma and Co LLP as auditors
HIGH RISK
The explicit 'material uncertainty' note by auditors on going concern is a significant risk indicator for the company's future.
💡 Investor Takeaway
Addi Industries Ltd reported standalone total income of ₹ 13.34 lakh and a profit before tax of ₹ 106.62 lakh for Q1 FY27. Statutory auditors resigned and a new firm was appointed. Auditors noted a material uncertainty regarding the company's going concern status.
⚖️ Strengths & Concerns
✅ Positives
- Management maintains the going concern basis of accounting is appropriate due to future business opportunities and significant cash & bank balances.
- Addi Industries Ltd reported a standalone profit before tax of ₹ 106.62 lakh for the quarter ended June 30, 2026.
⚠️ Concerns
- The statutory auditors identified a material uncertainty that casts significant doubt on the company's ability to continue as a going concern.
- The company's new business venture is still in the exploration phase and has not yet been implemented, as noted by the auditors.
📅 Company Track Record
Addi Industries Ltd's board meeting on August 1, 2026, was previously intimated on July 29, 2026, for the approval of Q1 FY27 unaudited results.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Addi Industries Ltd's standalone total income for the quarter ended June 30, 2026?
Addi Industries Ltd's standalone total income for the quarter ended June 30, 2026, was ₹ 13.34 lakh.
What was Addi Industries Ltd's consolidated net profit before tax for Q1 FY27?
Addi Industries Ltd's consolidated net profit before tax for the quarter ended June 30, 2026, was ₹ 110.28 lakh.
Which audit firm resigned from Addi Industries Ltd?
M/s B.R. Gupta & Co., Chartered Accountants (Firm Registration No.: 008352N), resigned as the statutory auditors of Addi Industries Ltd on August 1, 2026.
Who has been appointed as the new statutory auditor for Addi Industries Ltd?
M/s. Shilpi Sharma and Co LLP, Chartered Accountants (Firm Registration No. 021442N), have been appointed as the new statutory auditors of Addi Industries Ltd.
What significant concern did the auditors raise in their review report for Addi Industries Ltd?
The auditors drew attention to a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern, primarily due to an un-implemented new business venture.
Questions based on this BSE filing only. For information purposes.