Super Crop Safe FY26 profit falls, auditor flags going concern risks

Super Crop Safe Ltd reported a net profit of ₹200.23 lakh for the financial year ended March 31, 2026, a decline from ₹216.39 lakh in the previous year. Revenue from operations for FY26 stood at ₹5313.38 lakh, compared to ₹4539.37 lakh in FY25. For the quarter ended March 31, 2026, the company recorded a net loss of ₹15.74 lakh on revenue of ₹1358.70 lakh. The Board approved the audited financial results at its meeting on May 30, 2026.

Auditor Raises Going Concern Doubts

The statutory auditor, Parimal S. Shah & Co., has cast significant doubt on the company's ability to continue as a going concern. The report highlights that the company has not been depositing dues related to the Provident Fund Act, ESI, Dividend Distribution tax, Professional tax, TDS, and salary payments. The total amount of such unpaid statutory liabilities as of March 31, 2026, is ₹412.34 lakh, up from ₹359.52 lakh in the previous year.

Financial Highlights

The auditor also flagged irregularities in sales and receivables. Out of total sales of ₹53.13 crore, more than 48% (₹25.23 crore) were barter sales or related party sales, with ₹12.68 crore of barter sales subject to confirmation. Additionally, over 50% of total debtors (₹11.58 crore out of ₹22.81 crore) and creditors (₹4.29 crore out of ₹8.37 crore) were outstanding from the previous period.

Metric	FY26 (₹ in lakh)	FY25 (₹ in lakh)
Net Sales/Income from Operations	5313.38	4539.37
Total Income	5319.20	4543.14
Total Expenses	5120.42	4338.42
Net Profit for the period	200.23	216.39
Earnings Per Share (Basic)	0.52	0.54

Regulatory Disclosures

The company confirmed there were no defaults on loans and debt securities during the quarter ended March 31, 2026. The audit report was submitted to the Bombay Stock Exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditor disclaimed an opinion on the correctness of unsecured loans, trade payables, and trade receivables due to a lack of external confirmations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.50%	-9.58%	+5.82%	+24.22%	-31.03%	+17.65%

Super Crop Safe Limited has announced that its 238th board meeting is scheduled to take place on May 30, 2026. The meeting will be convened at the company's registered office at 1:00 p.m. to discuss key agenda items related to the company's financial performance and governance matters.

The primary agenda for the meeting is the consideration of the audited financial results for the last quarter and the financial year ended March 31, 2026. This review will be conducted in accordance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

Agenda Items

The board will deliberate on several specific points during the session. The key items to be considered include:

Audited financial results for the quarter and year ended March 31, 2026.
Disclosure of interest by directors.
Disclosure on disqualification by directors.
Any other matter with the permission of the chair.

The meeting details and agenda have been formally communicated to the Bombay Stock Exchange Limited. The company has requested the exchange to place the intimation on record for the benefit of shareholders and the market.