Pursuant to reg 33 The Board of Directors considered and approved the audited financial statements at 31 March 2025
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Alpine Housing Development Corporation posted FY25 total income of Rs. 5,919.47 lakhs, up modestly from Rs. 5,755.95 lakhs last year. Revenue from operations rose to Rs. 5,538.36 lakhs from Rs. 5,488.07 lakhs, a growth of under 1%. Profit after tax jumped sharply to Rs. 506.29 lakhs (EPS Rs. 2.92) from Rs. 343.28 lakhs (EPS Rs. 1.98), a jump of around 47%, driven by lower other expenses and improved margins. The manufacturing division performed especially well, with segment profit nearly doubling to Rs. 291.16 lakhs from Rs. 171.30 lakhs. The balance sheet remains comfortable with debt at Rs. 1,438 lakhs, net worth at Rs. 8,357 lakhs, and a debt-equity ratio of just 0.17. Statutory auditor R V K S and Associates issued an unqualified (clean) opinion on the results.
Strong profit growth and a clean audit opinion are positive signals for shareholders, though the muted top-line growth (~1%) suggests the earnings beat came largely from cost control rather than business expansion. The low debt and healthy current ratio of 2.12 indicate financial stability, but the sharp rise in trade receivables is worth monitoring.