SK International Export Ltd
With reference to the captioned matter, kindly find enclosed herewith Audited Standalone Financial Results along with Auditor's Report in terms of Regulation 33 of SEBI (Listing Obligations ....
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 15 Jun 2026, 07:35 PM IST · BSE ID: 9b0698e7-f410-444b-8ea0-0ef537f4ee71
View Original BSE Filing (PDF)
⚡ Quick Answer
SK International Export Ltd reported its Audited Standalone Financial Results for FY26, with assets written off totalling Rs 13.14 lakh. The auditor highlighted significant issues, including uncertainties in trade payables, receivables, and loans, as well as incomplete fixed asset records and non-recognition of deferred tax assets due to profit uncertainty.
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In Simple Terms
The company's auditor highlighted significant problems with financial records, including unconfirmed balances and asset records, for its annual results.
🤖 AI Summary
- SK International Export Ltd submitted Audited Standalone Financial Results for year ended March 31, 2026.
- Auditor's report noted inability to confirm correctness of Trade Payables, Trade Receivables, Loans & Advances.
- Auditor stated incomplete Property, Plant and Equipment records, physical unavailability, and reconciliation issues.
- Assets aggregating to Rs 13.14 lakh were written off during the year by the Company.
- Non-recognition of Deferred Tax Asset was noted due to uncertain future profit generation capacity.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Assets Written Off during the year
Rs 13.14 lakh
🏢 How This Affects the Company
The auditor noted the company's core business showing a downward trend and diversification towards non-current investment activities, indicating a shift in operational focus.
The inability to confirm significant balances like Trade Payables, Trade Receivables, and Loans & Advances means the true financial position and consequential impact on Profit/(Loss), Assets, Liabilities, and Reserves are unascertainable.
Lack of proper fixed asset records and physical unavailability of certain Property, Plant and Equipment indicate potential deficiencies in operational asset management and record-keeping.
The audit report raises significant risks regarding the accuracy and completeness of financial statements, the recoverability of balances, and the company's ability to continue as a going concern due to uncertain future profits.
👥 What This Means For Shareholders
✅
Action Required
No direct action is required by shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the disclosed uncertainties regarding the completeness and correctness of the company's financial statements for the year ended March 31, 2026.
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Management Signal
The management submitted the audited results despite significant audit qualifications, indicating adherence to regulatory disclosure requirements while facing operational and financial record challenges.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q1 FY27 results — review any improvements in financial record keeping.
Next annual report — check if audit qualifications persist or are resolved.
Management statements — observe any specific plans to address auditor's concerns.
HIGH RISK
Significant audit qualifications regarding key financial balances, asset records, and going concern raise high risk.
💡 Investor Takeaway
The auditor expressed an opinion on SK International Export Ltd's FY26 results but highlighted inability to confirm trade balances, loans, and fixed asset records, including a Rs 13.14 lakh asset write-off, and non-recognition of Deferred Tax Asset.
⚖️ Strengths & Concerns
⚠️ Concerns
- Auditor unable to confirm correctness, completeness, and recoverability of Trade Payables, Trade Receivables, and Loans & Advances balances.
- Property, Plant and Equipment records were incomplete; certain assets physically unavailable, leading to Rs 13.14 lakh write-off during the year.
📅 Company Track Record
A previous filing on May 28, 2026, also indicated that the auditor was unable to confirm key financial balances and asset records for SK International Export Ltd, consistent with the current report.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What did SK International Export Ltd report for FY26 financial results?
SK International Export Ltd submitted its Audited Standalone Financial Results for FY26, reporting assets written off amounting to Rs 13.14 lakh.
What are the key issues highlighted by the auditor in SK International Export Ltd's FY26 report?
The auditor flagged issues with trade payables, receivables, and loans, incomplete fixed asset records, and uncertainty regarding future profits affecting deferred tax asset recognition.
What was the value of assets written off by SK International Export Ltd in FY26?
SK International Export Ltd wrote off assets valued at Rs 13.14 lakh during the fiscal year ended March 31, 2026.
Why was the auditor unable to confirm SK International Export Ltd's Property, Plant and Equipment for FY26?
The auditor stated that the fixed asset records for SK International Export Ltd were incomplete, making it impossible to confirm the details of Property, Plant and Equipment for FY26.
Questions based on this BSE filing only. For information purposes.