Starcom Information Technology Ltd
Starcom IT Reports Q2 FY27 Net Loss of (158.41) Lacs, Total Income 54.26 Lacs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 14 Nov 2026, 02:36 PM IST · BSE ID: eb044f7c-cffc-4476-8b45-c4b3ae39a1c4
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a larger loss of (158.41) Rs. In Lacs this quarter and faces significant unpaid taxes and rent issues.
🤖 AI Summary
- Starcom Information Technology reported a standalone Net Loss After Tax of (158.41) Rs. In Lacs for Q2 FY27.
- Total Income from Operations for the quarter ended 30 September 2026 was 49.57 Rs. In Lacs.
- Basic Earnings Per Share (not annualised) was (3.17) Rs. for Q2 FY27, compared to (2.40) Rs. in Q2 FY26.
- The company has substantial overdue statutory dues of Rs. 238.10 Lacs (Sales/Service/GST), Rs. 206.57 Lacs (PF/ESIC/PT), and Rs. 1204.01 Lacs (TDS), including interest.
- Unrecognised rent expense of Rs. 607.15 Lacs for April 2019-July 2024 is under discussion for waiver, resulting in a modified audit opinion.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Total Income from Operations (net) Q2 FY27
49.57 Rs. In Lacs
Net Profit / (Loss) for the period after tax Q2 FY27
(158.41) Rs. In Lacs
Basic EPS Q2 FY27
(3.17) Rs.
Total Overdue Statutory Dues (as on 30.09.2026)
1,648.68 Rs. In Lacs
Unrecognised Rent Expense (April 2019-July 2024)
607.15 Rs. In Lacs
Intangible Assets under Development (as on 30.09.2026)
2431.02 Rs. In Lacs
🏢 How This Affects the Company
The ongoing financial constraints, including overdue statutory dues and unrecognised rent expenses, present challenges to the company's operational continuity and ability to secure working capital. Sales in the Test, Measurement & Embedded Solutions segment are (41.78) Rs. In Lacs for Q2 FY27.
The Net Loss After Tax of (158.41) Rs. In Lacs for Q2 FY27 exacerbates the company's negative financial position, with net worth fully eroded and current liabilities exceeding current assets. Significant overdue statutory payments and unrecognised rent obligations further strain the balance sheet.
Constraints in working capital financing and substantial funds allocated to intangible assets under development likely impact daily operations and resource allocation. Discussions with lessors for rent waiver indicate challenges in managing essential operational costs.
The modified audit opinions on overdue statutory dues, unrecognised rent expenses, and intangible assets under development introduce significant financial and regulatory risks. The going concern basis of accounting is highlighted as dependent on securing prospective investors and future profitability.
👥 What This Means For Shareholders
✅
Action Required
No action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported financial performance, including a net loss of (158.41) Rs. In Lacs for Q2 FY27, and the ongoing issues highlighted by modified audit opinions.
🔍
Management Signal
Management's pursuit of prospective investors to meet working capital requirements and belief in future profitability indicates an intent to address current financial challenges and maintain going concern status.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Q3 FY27 financial results — review net loss and total income trends.
Updates on discussions for rent waiver — assess resolution of unrecognised expense.
Auditor's report for FY27 — evaluate ongoing concerns and modified opinions.
HIGH RISK
Significant net losses, eroded net worth, and multiple modified audit opinions indicate severe financial distress.
💡 Investor Takeaway
Starcom Information Technology reported a Net Loss After Tax of (158.41) Rs. In Lacs for Q2 FY27, an increase from (120.24) Rs. In Lacs in Q2 FY26. The company faces significant overdue statutory dues totaling Rs. 1,648.68 Lacs and unrecognised rent expenses of Rs. 607.15 Lacs, resulting in modified audit opinions.
⚖️ Strengths & Concerns
⚠️ Concerns
- Net Loss After Tax widened to (158.41) Rs. In Lacs for Q2 FY27 from (120.24) Rs. In Lacs in Q2 FY26, indicating declining profitability.
- The company has significant overdue statutory dues totaling over Rs. 1,600 Lacs and unrecognised rent expense of Rs. 607.15 Lacs, leading to modified audit opinions.
❓ Frequently Asked Questions
What was Starcom Information Technology's net loss in Q2 FY27?
Starcom Information Technology reported a standalone net loss after tax of (158.41) Rs. In Lacs for the quarter ended 30 September 2026 (Q2 FY27).
What was the total income from operations for Starcom Information Technology in Q2 FY27?
The total income from operations (net) for Starcom Information Technology in Q2 FY27 was 49.57 Rs. In Lacs.
What are the significant overdue statutory dues for Starcom Information Technology?
As of 30 September 2026, Starcom Information Technology has overdue statutory dues of Rs. 238.10 Lacs for Sales/Service/GST, Rs. 206.57 Lacs for PF/ESIC/PT, and Rs. 1204.01 Lacs for TDS, including interest.
What was Starcom Information Technology's Basic EPS for Q2 FY27?
Starcom Information Technology's Basic Earnings Per Share (not annualised) was (3.17) Rs. for the quarter ended 30 September 2026.
What is the unrecognised rent expense mentioned in Starcom Information Technology's filing?
Starcom Information Technology has not recognised rent expense totaling Rs. 607.15 Lacs for the period from April 1, 2019, to July 31, 2024, pending discussions for waiver.
Questions based on this BSE filing only. For information purposes.