1. In terms of Regulation 33 of SEBI (Listing Obligations & disclosures Requirements) Regulations, 2015 & any other applicable regulations, we upload the Audited Financial Results of the ....
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The board of Abhinav Capital Services Ltd met on 29th May 2025 and approved the audited financial results for the quarter and year ended 31st March 2025. No dividend has been declared for FY25. The statutory auditors (S C Mehra & Associates LLP) have issued an audit report with an unmodified (clean) opinion. Revenue from operations fell sharply to Rs. 547.73 lakhs in FY25 from Rs. 1,529.47 lakhs in FY24, a drop of roughly 64% year-on-year. Profit after tax also crashed to Rs. 120.79 lakhs from Rs. 926.01 lakhs (about 87% lower). The company also appointed M/s. D G Prajapati & Associates as Secretarial Auditors for a five-year term, subject to shareholder approval. CRAR is reported at an unusually high 1,000%, indicating very low deployment of capital. The filing also includes a related-party loans disclosure showing large unsecured loans (over Rs. 27 crore) extended to promoter-related entities at 11% interest.
Shareholders should note the steep year-on-year decline in both revenue and profit, alongside negative operating cashflows of about Rs. 2,260 lakhs for the year, which signals serious business slowdown. However, the clean audit opinion, very high CRAR, and absence of debt default provide some comfort. The lack of dividend reflects the weak earnings, and the large related-party loans may draw investor attention at the upcoming AGM.