Annual Report for the FY 2022-23
Awaiting price reaction for this filing.
Matra Kaushal Enterprise Limited, a Hyderabad-based BSE-listed company that makes voltage stabilizers under the brand 'UNISTAB', has filed its 31st Annual Report for FY 2022-23. Revenue from operations rose modestly to Rs. 78.24 lakh from Rs. 74.83 lakh in the previous year. However, the company reported a net loss of Rs. 3.90 crore, although this is a sharp improvement from the Rs. 18.46 crore loss in FY 2021-22, largely due to a steep drop in total expenses to Rs. 4.68 crore (from Rs. 19.21 crore). Loss per share narrowed to Rs. 0.19 from Rs. 0.92. No dividend was recommended, no reserves were built, and there was no change in business. Statutory auditors (M/s. L Siva Kumar & Associates) did not report any fraud, and the Board found internal financial controls adequate. The 31st AGM is scheduled for September 30, 2023.
The narrower loss is a positive signal, but the company remains loss-making with weak revenue (under Rs. 1 crore) and no dividend, suggesting limited near-term value for shareholders. Investors should weigh ongoing losses against any improvement in operational efficiency before taking exposure.