Achanak Profit mein kaise aayi company?
Suryavanshi Spinning Mills ne Q3 FY26 mein ek tagda turnaround dikhaya hai. Company ka Profit After Tax (PAT) tha ₹265.09 Lakhs, jo pichhle saal isi samay ₹126.97 Lakhs ke loss se kaafi alag hai. Ye positive change mainly discontinued operations (spinning division) se aaye ₹151.16 Lakhs ke profit aur continuing operations mein sudhaar ki wajah se hua hai. Continuing operations mein loss se nikal kar ₹13.93 Lakhs ka profit aaya.
Par, ye achhi khabar ke saath kuch cautionary points bhi hain. Company ke revenue from operations mein 13.4% YoY ki girawat aayi hai, jo ab ₹208.39 Lakhs raha. Aisa nahi hai ki sirf is quarter mein aisa hua hai, 9 mahine ke liye bhi, company ka PAT ₹152.88 Lakhs raha, jabki pichhle saal ₹506.89 Lakhs ka loss tha. Yahan revenue mein 1107.7% ka zabardast jump dikha hai aur ₹516.79 Lakhs ho gaya hai.
Auditors ne pakdi kya gadbad?
Sabse badi dikkat ye hai ki jo profit dikhaya gaya hai, uska ek bada hissa band ho chuke business (discontinued operations) se aaya hai. Aur auditors ne bhi kuch serious points raise kiye hain. Unhone referral commission jo ₹49.82 Lakhs ka tha aur interest charges jo ₹10.18 Lakhs ke the, unko record karne par sawaal uthaye hain kyunki ye sab bina formal agreements ke kiye gaye the. Isse Q3 profit thoda overstate ho sakta tha.
Uske alawa, company ki financials 'going concern basis' par banayi ja rahi hain, jo ki ek red flag hai. Aisa isliye kyunki company par accumulated losses ₹2,421.98 Lakhs ho gaye hain aur current liabilities, current assets se zyada hain, matlab negative working capital situation hai. Iska matlab hai ki company ki long-term financial stability par sawaal hai. Company ne future outlook ke baare mein koi update nahi diya hai.