Victoria Enterprises ki halat filhal sahi nahi lag rahi hai. FY26 mein inka profit gir kar **₹1.29 Crore** reh gaya hai, jo pichle saal **₹2.37 Crore** tha. Upar se compliance aur management ki pol khul gayi hai.
Financials mein badi girawat
Company ne FY26 ke numbers release kiye hain aur halat kaafi tight hai. Revenue ₹83.33 Crore se gir kar ₹53.65 Crore par aa gaya hai. Profit After Tax bhi half hokar ₹1.29 Crore reh gaya hai. Board ne is baar koi dividend announce nahi kiya hai, jo shareholders ke liye disappointment hai.
Auditor ne khadi ki musibat
Auditor ne 'Qualified Opinion' issue kiya hai. Problem ₹10 Crore ke Preference Shares ko lekar hai. Company ne inhe long-term liability dikhaya tha, par auditor ka kehna hai ki ye overdue hain aur inhe current liability mein hona chahiye tha. Iska matlab hai company ne apni actual financial health ko chupaya hai.
Governance ke naam par zero
Compliance ke mamle mein company ka track record kaafi kharab raha hai:
- CFO Position: April 2022 se vacant hai.
- Company Secretary: October 2024 se koi CS nahi hai.
- Regulatory Breaches: Interest-free loans aur dusre investments mein rules ka paalan nahi hua hai.
Projects ka kya haal hai?
'Pittie Paradise' (Dadar) aur 'Pittie Chambers' (BKC) par kaam abhi bhi chal raha hai, lekin working capital ki kami aur market volatility ki wajah se project delay ho rahe hain. Related-party transactions aur unsecured loans ne bhi investor ke liye red flags khade kar diye hain.
Investor Alert
CFO aur CS jaise key roles ka itne lambe samay tak vacant rehna corporate governance mein badi failure hai. Jab tak ye core issues solve nahi hote, tab tak stock mein volatility bani reh sakti hai.