Infronics Systems Ltd (537985)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Infronics Systems' revenue was ₹0.0 Cr (-100.0% year on year), and net profit ₹-0.2 Cr (against a profit a year earlier).
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | — |
| Operating profit | ₹-0.2 | to loss | loss narrowed |
| Net profit | ₹-0.2 | to loss | loss narrowed |
| EPS (₹) | -0.20 | to loss | loss narrowed |
📢 Recent Corporate Announcements
Infronics Systems Ltd has announced the resignation of its Secretarial Auditor, M/s. ASN & Associates, effective August 11, 2026. The auditor cited 'pre-occupation with other assignments' as the reason for the resignation and confirmed there are no other material reasons. This change occurs while the company reports zero revenue for the last four consecutive quarters and a TTM loss of Rs 1 Cr. The Board of Directors took note of the resignation in a 30-minute meeting held on August 11, 2026.
- Resignation of Secretarial Auditor effective from August 11, 2026
- Company reported Rs 0 Cr revenue for the last four quarters (Jun 2025 - Mar 2026)
- Board meeting to note resignation lasted 30 minutes (06:15 PM to 06:45 PM)
- TTM Net Profit stands at a loss of Rs 1 Cr with a negative ROCE of -24.8%
Infronics Systems reported zero revenue for the quarter ended June 30, 2026, as its primary business contracts concluded in FY25 and have not been renewed. The company posted a net loss of ₹16.18 lakhs, primarily due to ongoing employee and administrative costs. Most critically, the statutory auditor issued a 'Disclaimer of Conclusion,' citing frozen bank accounts, a material ₹12.05 crore disputed claim from Mudunuru Limited, and significant doubt regarding the company's ability to continue as a going concern. The disputed claim represents approximately 63% of the company's current market capitalization of ₹19 crore.
- Revenue from operations remained at ₹0 for the quarter ended June 30, 2026.
- Net loss for the quarter stood at ₹16.18 lakhs vs a loss of ₹17.03 lakhs in the previous year's corresponding quarter.
- Auditors highlighted a disputed demand notice of ₹12.05 crore (Principal: ₹8.60 Cr, Interest: ₹3.45 Cr) from Mudunuru Limited.
- Bank accounts remain frozen or subject to debit restrictions due to ongoing disputed matters.
- Statutory auditors were unable to express a conclusion on the financial results due to pervasive uncertainties.
Infronics Systems Ltd has appointed M/s. R & A Associates as its Secretarial Auditor for the financial year 2025-26. This appointment follows the resignation of the previous auditor, M/s. ASN & Associates. The company, which currently has a market capitalization of ₹19 Cr and reported zero revenue in the trailing twelve months, is engaging a firm with over 200 man-years of collective experience in corporate compliance. This is a procedural change to ensure regulatory adherence under SEBI LODR mandates.
- Appointment of M/s. R & A Associates as Secretarial Auditor for the financial year 2025-26
- The new auditing firm brings over 200+ man-years of collective experience in corporate compliance and governance
- The board meeting for this approval was conducted within 30 minutes on August 11, 2026
- The change was necessitated by the resignation of the previous auditor, M/s. ASN & Associates
Infronics Systems reported zero revenue from operations for the quarter ended June 30, 2026, with a net loss of Rs 16.18 Lakhs. The statutory auditors issued a 'Disclaimer of Conclusion,' citing material uncertainty over the company's ability to continue as a going concern due to the lack of active business operations. Key risks include frozen bank accounts and a disputed legal claim of Rs 12.05 Cr from Mudunuru Limited, which is approximately 4x the company's current net worth of Rs 3 Cr. The company has not renewed its primary BSNL contracts since FY25, leaving it without a core revenue stream.
- Revenue from operations remained at Rs 0 for the quarter ended June 30, 2026.
- Statutory auditors issued a Disclaimer of Conclusion, unable to verify the feasibility of management's going concern plans.
- A legal demand notice of Rs 12.05 Cr was received from Mudunuru Limited, comprising Rs 8.60 Cr principal and Rs 3.45 Cr interest.
- Bank accounts remain subject to debit restrictions and freezes, preventing the company from meeting liabilities.
- Net loss for the quarter stood at Rs 16.18 Lakhs compared to a loss of Rs 17.03 Lakhs in the same quarter last year.
Infronics Systems Ltd has scheduled a board meeting on August 11, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company reported zero revenue and a net loss of Rs 0.75 crore. Given the current market cap of Rs 18 crore and a negative ROCE of -24.8%, the upcoming results are critical to see if the company has resumed any operational activity. The trading window for insiders has been closed since July 1, 2026.
- Board meeting scheduled for August 11, 2026, to approve Q1 FY27 results
- Company reported Rs 0.00 revenue for the last four consecutive quarters
- Trading window closed from July 1, 2026, until 48 hours post-announcement
- TTM net loss stands at Rs 1 crore as of March 2026
- Market capitalization is currently small at Rs 18 crore
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