SRG Housing Finance LimitedSRGHFLNSE
Integrated Filing- Financial
GovernanceDeterioratingMajormateriality 85 out of 100
What happened
FactIntegrated Filing- Financial.
Why it matters
CapitSignal interpretationA qualification means the auditor could not sign off on part of the accounts, so the reported figures are not fully attested.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
ContradictedEarlierFY25
In FY25, with the growth of 7.4%, there has been a disbursement of INR305 crores, which was INR284 crores last year.
NowFY25
With a 26% growth in our loan book, in FY25, to INR759 crores, which was INR601 crores last year.
Change
FactFact conflict
Implication
CapitSignal interpretationThe earlier statement mentions a 7.4% growth with disbursement of INR305 crores, while the current statement claims a 26% growth to INR759 crores. These figures cannot both be true for the same period.confidence 90%
Watch next
Fact- Which line items the qualification covers
- Management's response to the qualification
- Whether it recurs in the next audited period
- for FY26, we will do INR1,000 crores plus. (management committed by FY26)
- The target was that in the coming time we will do a business of INR30 crore, INR40 crore per month. (management committed by FY27)
Evidence
- Integrated Filing (Financial) for the Quarter and Year ended 31st March, 2025(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · FY25
- Earlier statement · FY25
How CapitSignal classified this
- Reasoning:
- AUDITOR_QUALIFICATION base 80; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%