Please find enclosed Integrated Financial for the quarter, half year and year ended March 31, 2025.
AEPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Artemis Electricals and Projects Ltd reported audited results for FY25 showing strong growth. Standalone revenue from operations jumped to ₹7,234.77 lakhs from ₹4,135.92 lakhs in FY24 (around 75% growth), while profit after tax rose to ₹768.50 lakhs from ₹409.76 lakhs (about 87% growth). Q4 FY25 alone saw revenue of ₹3,749.27 lakhs versus just ₹246.40 lakhs in Q4 FY24. EPS for the year was ₹0.31 compared to ₹0.16 earlier. The company has been investing heavily in a lithium-ion battery plant via a related party Electroforce (India) Pvt Ltd, with capital work in progress more than doubling to ₹5,554.79 lakhs. Plant commissioning is expected by September 2025. Borrowings dropped sharply and operating cash flow nearly doubled to ₹4,119.24 lakhs.
Strong top-line and bottom-line growth, debt reduction, and robust cash generation are positive signals for shareholders. However, the auditor flagged emphasis-of-matter notes: manufacturing at the factory is currently closed/negligible, there is a sizeable related-party contract for the lithium-ion plant still under construction, and the auditor did not physically verify inventory. Investors should weigh the strong reported growth against operational dependencies on the new lithium-ion project and the related-party concentration.