OptiValue Tek Consulting Limited Approves Audited Standalone Financial Results for March 31, 2026
Optivalue Tek Consulting Limited announced that its Board of Directors approved the audited standalone financial results for the year ended March 31, 2026. This approval followed a Board meeting held on May 28, 2026.The Audit Committee recommended the audited Standalone Financial Results and the accompanying Report on the Audit of Standalone Financial Results to the Board, which subsequently considered and approved the findings.
Financial Performance Overview
The financial statements provide comprehensive details of the company's performance and position during the fiscal year.According to the Statement of Profit & Loss Account, the company reported the following Total Income:
- Half Year Ended 31st March, 2026: Rs. 12.08 crore (Un-Audited)
- Half Year Ended 31st March, 2025: Rs. 39.52 crore
Total Expenses for the corresponding periods were Rs. 3,060.80 crore for the half year ended 31st March, 2026, and Rs. 5,647.37 crore for the half year ended 31st March, 2025.
Key profit figures reported in the Statement of Profit & Loss Account are detailed below:
| Particulars | Half Year Ended 31st March, 2026 (Un-Audited) | Half Year Ended 31st March, 2025 (Audited) |
|---|---|---|
| Total Income (1+2) | 12.08 | 39.52 |
| Total Expenses | 3,060.80 | 5,647.37 |
| Profit/(Loss) for the period | 653.65 | 722.60 |
| Total Comprehensive Income for the period | (2.85) | (1.58) |
Key Audit Findings
A. Mishra & Associates Chartered Accountants issued an opinion confirming that the financial statements give a true and fair view in conformity with applicable accounting standards. However, the audit report highlighted two key areas for review:1. Unbilled Revenue: The company recognized revenue aggregating to Rs. 14.02 crores during the year on a provisional basis for unbilled customers. This figure includes Rs. 2.30 crores of revenue pertaining to services rendered in a previous financial year that remained unbilled for over one year. The audit noted that without sufficient evidence supporting the timing of revenue recognition and the recoverability/classification of these balances, the auditors could not determine if any adjustments were necessary to revenue, trade receivables, or current assets.
2. Subject Balances: Balances totaling Rs. 59.87 crores, listed under Note No. 4, were subject to confirmation and reconciliation with the respective parties. The audit noted that until confirmation and reconciliation procedures were complete, sufficient appropriate audit evidence could not be obtained regarding the existence, accuracy, and recoverability of these amounts.
Balance Sheet Summary
The consolidated Balance Sheet data comparing March 31, 2026, and March 31, 2025, provides a financial overview:| Particulars | As at 31st March, 2026 | As at 31st March, 2025 |
|---|---|---|
| Total Non-Current Assets | 1,630.01 | 646.76 |
| Total Current Assets | 2,576.88 | 4,115.87 |
| Total Assets | 14,206.88 | 4,722.63 |
| Total Equity | 2,195.63 | 3,186.91 |
| Total Non-current Liabilities | 268.25 | 113.33 |
| Total Outstanding Dues of Creditors (other than M&S Enterprises) | Not Specified | Not Specified |
| Total Equity and Liabilities | 14,206.88 | 4,722.63 |
Cash Flow Analysis
The Statement of Cash Flows details the company’s cash movements across operating, investing, and financing activities.| Activity | For the period ended March 31, 2026 | For the period ended March 31, 2025 |
|---|---|---|
| Cash Generated from Operations | 1,772.94 | 1,618.94 |
| Net Cash flow from Operating Activities [A] | 1,188.71 | 10,012 |
| Net Cash flow from Investing Activities |
[TD](3,908.64)[/TD]
[TD](67.36)[/TD]
[TR]
[TD]Net Cash flow from Financing Activities [C][/TD]
[TD]4,799.38[/TD]
[TD]302.74[/TD]
[/TR]
[TR]
[TD]Net Increase/Decrease in Cash & Cash Equivalents [A+B+C][/TD]
[TD]457.86[/TD]
[TD](164.73)[/TD]
[/TR]
[TR]
[TD]Cash & Cash equivalents at the end of the year[/TD]
[TD]159.89[/TD]
[TD]457.86[/TD]
[/TR]
OPTIVALUE Stock Price Movement
On Wednesday, Optivalue Tek Consulting Limited shares edged higher to close at ₹85.5, gaining 2.41% for the day. The equity settled amidst a trading day volume of 32,000 shares, finding support well above its lower band of ₹84.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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