Outcome of Board Meeting Held on May 23, 2025
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Advik Capital's Board, meeting on May 23, 2025, approved audited financial results (standalone and consolidated) for Q4 and FY ended March 31, 2025, with an unmodified audit opinion from KSMC & Associates. Consolidated FY25 revenue from operations more than doubled to ₹2,871.57 Lakhs (vs ₹1,291.67 Lakhs in FY24), and net profit rose to ₹823.33 Lakhs (vs ₹635.63 Lakhs). Total assets surged to ₹33,399.73 Lakhs from ₹20,418.31 Lakhs, driven mainly by loans growing to ₹29,062.27 Lakhs and borrowings nearly doubling to ₹15,282.08 Lakhs. However, Q4 FY25 standalone showed a net loss of ₹122.23 Lakhs against a loss of ₹94.18 Lakhs in Q4 FY24, with negative other income of ₹437.29 Lakhs. The Board also appointed Nisha Mittal as Company Secretary (KMP), M/s G Mansi & Associates as Internal Auditor for FY26, and M/s Shubhangi Agarwal & Associates as Secretarial Auditor for 5 years (subject to shareholder approval), and approved a postal ballot process to seek members' consent on key items. No dividend was recommended.
FY25 results show strong top-line and profit growth on a consolidated basis, but the Q4 loss and sharply higher borrowings warrant attention. The restructuring (cessation of Advik Optoelectronics as subsidiary and reclassification of share/securities revenue from gross to net basis) means prior-year numbers are not directly comparable. Shareholders should watch for the postal ballot outcomes and any further clarity on the loan-book expansion.