Popees Baby Care India Ltd Receives Unmodified Opinion on Standalone Financial Statements for FY 2025-26

<h1>Popees Baby Care India Ltd Receives Unmodified Opinion on Standalone Financial Statements for FY 2025-26</h1>

Popees Baby Care India Limited has received an unmodified opinion from its statutory auditors regarding the standalone audited financial statements for the financial year ended March 31, 2026. The audit confirms that the company's financial statements present a true and fair view of the state of affairs, profit and loss, changes in equity, and cash flows in conformity with Indian Accounting Standards (Ind AS) and generally accepted accounting principles.

The audit, conducted by C. V. Paturkar & Co., Chartered Accountants, affirmed that the company's standalone financial statements are presented in compliance with relevant regulations and provide a true and fair view as of March 31, 2026.

Operational Integrity Confirmed​

In addition to giving an unmodified opinion on its financial reporting, the independent auditor reported key operational compliances relating to fixed assets, inventory management, and statutory dues.

Key findings detailed in the audit report include:

• Fixed Assets: Proper records detailing all aspects of fixed assets have been maintained by the company. The title deeds for all immovable properties belonging to the company are held in the company's name, and lease agreements for leased properties are also registered under the company's name.
• Inventory Management: Inventories were physically verified by management at reasonable intervals throughout the year, with no material discrepancy noted compared to the book records.
• Statutory Dues: The company has generally been regular in depositing undisputed statutory dues, including Provident Fund and Income Tax, with appropriate authorities. Furthermore, there were no undisputed amounts payable regarding statutory dues in arrears for a period exceeding six months as of March 31, 2026.

Compliance and Governance Highlights​

The audit report addressed various corporate compliance matters concerning the company's operations during the financial year:

• Financing and Loans: The auditor reported that the company had not granted any loans, secured or unsecured, to other firms or entities listed in the register maintained under Section 189 of the Companies Act.
• Financial Stability: The company has neither accepted deposits nor possesses any unclaimed deposits as at March 31, 2026. The company also did not take loans or borrowings from financial institutions, banks, or government and issued no debentures during the period.
• Fraud and Related Parties: The auditor noted that no fraud by the company or material fraud on the company by its officers or employees was noticed or reported during the year. Additionally, the company's compliance with Section 177 and 188 regarding related party transactions has been disclosed in the standalone financial statements.

The management of Popees Baby Care India Limited is responsible for preparing the other information, which includes the Management Discussion and Analysis and the Board’s Report. The auditor confirmed that no material misstatement was found in connection with the company's operational and governance disclosures relative to the standalone financial statements.

Stock Price Movement​

At the close of trade on Monday, Popees Baby Care India Ltd. settled at ₹172.50, marking a gain of 1.95%. The shares traded completely flat throughout the session, as both the high and low were registered at ₹172.50.