Toyam Sports Share Price Today

Toyam Sports Q1FY27 Results: Net loss widens 86% YoY to ₹26.73 lakh

Standalone net loss widened 86% YoY to ₹26.73 lakh in Q1FY27. Revenue from operations remained negligible at ₹5.50 lakh. Auditors issued a qualified opinion citing RBI norm violations and SEBI notices. Management cited fund shortages from cricket league losses for tax non-compliance.

Toyam Sports Ltd Discloses Impact of Audit Qualifications for Quarter and Year Ended March 31, 2026

Toyam Sports Ltd disclosed the impact of audit qualifications for the year ended March 31, 2026, reporting a standalone net loss of ₹29.78 lakh on turnover of ₹0.65 lakh, and a consolidated net loss of ₹1,866.36 lakh on turnover of ₹91.74 lakh. Auditors issued a repetitive qualified opinion on both standalone and consolidated results, citing non-compliance with ECL impairment norms under Ind AS 109, absence of impairment analysis under Ind AS 36, potential NBFC registration obligations under the RBI Act, ongoing SEBI investigations with share freezing by the Enforcement Directorate, unresolved merchandising agreements, and non-payment of statutory dues including TDS and professional tax. Management maintained that no credit losses are anticipated on financial instruments and attributed the statutory non-compliance to fund shortages arising from losses in the LLC T20 Cricket League. No adjustments were made to the reported figures in either the standalone or consolidated results on account of the qualifications raised.

Toyam Sports reports FY26 loss, auditors flag loan impairments

Toyam Sports Limited reported a consolidated net loss of ₹1,866.36 lakh for FY26, with revenue declining to ₹91.74 lakh. Auditors issued a qualified opinion due to unassessed loan impairments, potential RBI registration issues, and pending SEBI investigations. The board approved the audited financial results and related party disclosures.

Toyam Sports Reports Q3 FY27 Results with Qualified Audit Opinion

Toyam Sports Limited's board approved unaudited standalone and consolidated financial results for Q3 FY27 ended December 31, 2025, at a meeting on April 23, 2026. Standalone results showed net loss of Rs. 2.28 lakhs for the quarter and Rs. 27.98 lakhs for nine months, with zero revenue. Consolidated performance reflected wider losses of Rs. 617.92 lakhs for the quarter and Rs. 1,523.14 lakhs for nine months, including subsidiaries Kumite 1 League Private Limited and Pacific Star Sports Services L.L.C. Auditors A S G R & Co. issued qualified opinions citing non-provision for impairment of financial assets under Ind AS 109, lack of impairment analysis on loans and advances per Ind AS 36, non-compliance with Section 45-IA and RBI regulations, pending SEBI investigations, unassessed economic benefits from merchandising agreements, and unpaid statutory liabilities. The board appointed Nidhi Bajaj & Associates as Practicing Company Secretary effective April 23, 2026, subject to shareholder approval.

Toyam Sports Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

Toyam Sports Limited filed its quarterly certificate under SEBI Regulation 74(5) for the period ended March 31, 2026, on April 13, 2026. The filing confirms compliance with dematerialization procedures and timely processing of securities within regulatory timeframes. The certificate was submitted to BSE Limited and Metropolitan Stock Exchange of India Limited, with confirmation from registrar MAS Services Limited regarding adherence to all procedural requirements.

Toyam Sports Limited Announces Resignation of Secretarial Auditor Nitesh Chaudhary & Associates

Toyam Sports Limited has announced the resignation of Secretarial Auditor Nitesh Chaudhary & Associates, effective March 5, 2026, due to professional commitments and other engagements. The company clarified that no concerns were raised regarding management and that the Audit Committee and Board will consider appointing new secretarial auditors in due course.