MIMicrose India523343Quarterly results

Board adopts unaudited September 2026 results; auditors' limited review conclusion unmodified

Board met on 04.11.2026 and approved and adopted the un-audited standalone financial results for the quarter and half year ended 30 September 2026, as reviewed by the Audit Committee.

By ScoutQuest · Wed 4 Nov 2026, 6:51 PM IST · 2 min read

Total assets (Rs. in Lacs)

162.64 vs 158.45

Shareholders' funds (Rs. in Lacs)

45.65 vs 68.47

Short-term borrowings (Rs. in Lacs)

115.31 vs 87.81

What the board did

The board of directors met on 04 November 2026 and approved and adopted the company's un-audited financial results for the quarter and half year ended 30 September 2026. The results were reviewed and recommended by the Audit Committee before adoption. The meeting commenced at 05:00 P.M. and concluded at 6:30 P.M.

What the auditor said

Todarwal & Todarwal LLP, Chartered Accountants, issued the Independent Auditor's Limited Review Report on the quarterly and year-to-date un-audited standalone financial results. The conclusion is unmodified: based on their review, nothing has come to the auditors' attention that causes them to believe the accompanying statement is not prepared in accordance with applicable accounting standards. A limited review gives moderate assurance and is not a full audit. The report states that the auditors did not perform an audit and do not express an audit opinion. The figures are prepared under Indian Accounting Standard 34 (Interim Financial Reporting) and are standalone.

Balance sheet snapshot (standalone, Rs. in Lacs)

• Total - ASSETS: 162.64 as at 30-09-2026, against 158.45 as at 30-09-2025
• Shareholders' funds: 45.65, against 68.47
• Share capital: 216.41, unchanged
• Reserves and surplus: -170.76, against -147.94
• Non-current investments: 50.47, against 52.93
• Inventories: 38.77, against 35.56
• Trade receivables: 66.33, against 66.34
• Cash and cash equivalents: 0.57, against 0.95
• Short-term borrowings: 115.31, against 87.81
• Current liabilities: 116.99, against 89.98

How the two dates compare

Total - ASSETS is higher than a year earlier, at 162.64 against 158.45 (Rs. in Lacs). The cushion on the liabilities side has thinned: Shareholders' funds are 45.65 against 68.47 (Rs. in Lacs), and the Reserves and surplus balance is more negative at -170.76 than -147.94. Share capital is unchanged at 216.41 (Rs. in Lacs), so the movement in shareholders' funds comes from the reserves line. Short-term borrowings are higher at 115.31 against 87.81 (Rs. in Lacs), and Current liabilities at 116.99 against 89.98. Cash and cash equivalents stood at 0.57 (Rs. in Lacs) as at 30-09-2026, against 0.95 a year earlier.

What a retail investor can take away

This is a routine quarterly results update. Two things matter most here. First, the auditor's limited review conclusion is unmodified, meaning the review did not flag a material misstatement. Second, the balance sheet shows total assets slightly higher year on year, but a lower shareholders' funds figure and a larger short-term borrowing balance than a year earlier, which is the part worth tracking in the coming quarters.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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