Take Solutions Limited Stock Analysis

Name: Take Solutions Limited (TAKE) Stock Analysis
Brand: NSE India
Rating: 2.5 (1 reviews)

TAKE NSE India

Take Solutions Limited (TAKE) is a India-based company listed on NSE. This AI-powered analysis provides investment insights based on quarterly earnings reports and financial performance metrics.

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TAKE Solutions Limited exhibits severe financial distress with multiple red flags that warrant a strong sell recommendation. The company reported zero revenue from operations for Q3 FY2026 and the nine-month period, relying entirely on other income of ₹146.14 lakhs (primarily from discontinued operations proceeds). The auditors issued a qualified opinion citing going concern doubts, unascertainable tax asset recoverability of ₹883.2 lakhs against contingent tax liabilities of ₹1,080.3 lakhs, and ₹516.4 lakhs in potentially irrecoverable indirect tax credits. The company divested its 100% stake in subsidiary Ecron Acunova Limited in FY2025, incurring a massive consolidated loss of ₹6,973.6 lakhs, and currently has no operating business with significant unpaid statutory dues and pending direct tax litigation totaling ₹1,080.3 lakhs standalone (₹7,209.9 lakhs consolidated).

Based on: Take Solutions Limited - Financial Results (15/2/2026) (Feb 15, 2026)

+ Key Strengths

Generated consolidated profit of ₹110.91 lakhs in Q3 FY2026 from continuing operations, reversing Q2's loss of ₹62.80 lakhs, though this was driven by one-time other income rather than operational revenue

Successfully completed divestment of Ecron Acunova Limited subsidiary in FY2025, generating proceeds that enabled settlement of some statutory and debt obligations

Reduced employee benefit expenses to ₹13.53 lakhs in Q3 FY2026 from ₹37.70 lakhs in Q3 FY2025, demonstrating aggressive cost rationalization

Finance costs declined sharply to ₹0.06 lakhs in Q3 FY2026 standalone from ₹21.50 lakhs in Q3 FY2025, indicating debt reduction post-divestment

- Key Risks

Zero revenue from operations for Q3 FY2026 and entire nine-month period (April-December 2025), indicating complete cessation of business activities following CRO business divestment

Auditors raised going concern doubts citing severe business operation impact, significant unpaid statutory dues, ₹1,080.3 lakhs in direct tax litigation (₹7,209.9 lakhs consolidated), and material uncertainty about asset realization

Tax assets of ₹883.2 lakhs (standalone) and ₹1,187 lakhs (consolidated) have uncertain recoverability against pending tax litigation, with auditors unable to confirm carrying values or potential write-offs

Indirect tax credits totaling ₹516.4 lakhs (standalone) and ₹755.4 lakhs (consolidated) face uncertain usage/recoverability given ceased operations, with consequential asset impairment impact not ascertainable

Company remains subject to non-compete obligations in the CRO industry following Ecron Acunova divestment, severely constraining near-term revenue generation options

Consolidated results show ₹84.5 lakhs in unconfirmed trade payables and ₹187.4 lakhs in unconfirmed other financial liabilities related to subsidiary Navitas LLP, with prior year's ₹465.3 lakhs liability write-back lacking audit evidence

Forward Outlook

The company has initiated exploratory discussions for diversification into non-CRO verticals to circumvent existing non-compete obligations, with management targeting mutually rewarding business partnerships or non-cash M&A transactions expected to close in FY2026. However, no concrete deals, LOIs, or binding commitments were disclosed in this quarterly report. The auditors explicitly stated that while diversification plans are under discussion, the consequential impact on going concern remains unascertainable, and no detailed management assessment was provided for review. Given zero operational revenue for three consecutive quarters, depleted proceeds from the Ecron divestment, and lack of tangible new business initiatives, the company faces existential risk without immediate capital infusion or successful M&A closure within the next 2-3 quarters. The Board's rejection of promoter reclassification request from Mr. Srinivasan HR adds governance uncertainty during this critical restructuring phase.

All Scores

Date	Report	Score	Sentiment	AI
Feb 15, 2026	Take Solutions Limited - Financial Results (15/2/2026)	2.5	Strong Sell	Claude
TAKE Solutions Limited exhibits severe financial distress with multiple red flags that warrant a strong sell recommendation. The company reported zero revenue from operations for Q3 FY2026 and the nine-month period, relying entirely on other income of ₹146.14 lakhs (primarily from discontinued operations proceeds). The auditors issued a qualified opinion citing going concern doubts, unascertainable tax asset recoverability of ₹883.2 lakhs against contingent tax liabilities of ₹1,080.3 lakhs, and ₹516.4 lakhs in potentially irrecoverable indirect tax credits. The company divested its 100% stake in subsidiary Ecron Acunova Limited in FY2025, incurring a massive consolidated loss of ₹6,973.6 lakhs, and currently has no operating business with significant unpaid statutory dues and pending direct tax litigation totaling ₹1,080.3 lakhs standalone (₹7,209.9 lakhs consolidated). STRENGTHS: Generated consolidated profit of ₹110.91 lakhs in Q3 FY2026 from continuing operations, reversing Q2's loss of ₹62.80 lakhs, though this was driven by one-time other income rather than operational revenue / Successfully completed divestment of Ecron Acunova Limited subsidiary in FY2025, generating proceeds that enabled settlement of some statutory and debt obligations / Reduced employee benefit expenses to ₹13.53 lakhs in Q3 FY2026 from ₹37.70 lakhs in Q3 FY2025, demonstrating aggressive cost rationalization / Finance costs declined sharply to ₹0.06 lakhs in Q3 FY2026 standalone from ₹21.50 lakhs in Q3 FY2025, indicating debt reduction post-divestment RISKS: Zero revenue from operations for Q3 FY2026 and entire nine-month period (April-December 2025), indicating complete cessation of business activities following CRO business divestment / Auditors raised going concern doubts citing severe business operation impact, significant unpaid statutory dues, ₹1,080.3 lakhs in direct tax litigation (₹7,209.9 lakhs consolidated), and material uncertainty about asset realization / Tax assets of ₹883.2 lakhs (standalone) and ₹1,187 lakhs (consolidated) have uncertain recoverability against pending tax litigation, with auditors unable to confirm carrying values or potential write-offs / Indirect tax credits totaling ₹516.4 lakhs (standalone) and ₹755.4 lakhs (consolidated) face uncertain usage/recoverability given ceased operations, with consequential asset impairment impact not ascertainable / Company remains subject to non-compete obligations in the CRO industry following Ecron Acunova divestment, severely constraining near-term revenue generation options / Consolidated results show ₹84.5 lakhs in unconfirmed trade payables and ₹187.4 lakhs in unconfirmed other financial liabilities related to subsidiary Navitas LLP, with prior year's ₹465.3 lakhs liability write-back lacking audit evidence

What is the AI Stock Score?

The AI Stock Score is a composite rating from 0-10 generated by analyzing quarterly earnings reports using three leading AI models (Google Gemini, Anthropic Claude, and OpenAI ChatGPT). Each AI independently evaluates financial performance, growth prospects, risks, and market positioning to provide an objective investment perspective.

How should I interpret Buy/Hold/Sell ratings?

Buy (7.0-10.0): Strong fundamentals and positive outlook. Hold (4.0-6.9): Mixed signals, suitable for existing positions. Sell (0-3.9): Deteriorating fundamentals or significant risks. These are AI-generated opinions for informational purposes only, not investment advice.

How is the composite score calculated?

The composite score is the mathematical average of the latest scores from each AI provider. For example, if Gemini rates 7.5, Claude rates 4.5, and ChatGPT rates 6.0, the composite score would be (7.5+4.5+6.0)/3 = 6.0. This multi-AI approach reduces bias from any single model.

How often are scores updated?

Scores are automatically generated within hours of quarterly earnings results being published on NSE. The system monitors earnings announcements 4 times daily and processes new reports immediately. Check the "Last Updated" date at the top of this page for the most recent analysis timestamp.

Is this financial advice?

No. This is AI-generated analysis for informational and educational purposes only. MarketsHost is not a SEBI-registered Research Analyst or Investment Adviser. AI models can produce inaccurate results. Always consult a qualified financial advisor and conduct your own due diligence before making investment decisions.