Results - Financial Results for the Half Year and Year ended 31st March, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Associated Coaters Limited reported its first full-year results after listing on the BSE SME platform in June 2024. Revenue from operations grew to Rs. 595.78 lakhs from Rs. 537.81 lakhs in FY24, a rise of about 10.8%. Profit after tax rose to Rs. 106.17 lakhs from Rs. 98.74 lakhs, a growth of roughly 7.5%. Basic and diluted EPS came in at Rs. 7.85, down from Rs. 10.83 in the previous year because of dilution from the IPO (4.22 lakh fresh shares issued at Rs. 121 each, raising Rs. 510.62 lakhs). The company stepped up capital expenditure sharply — net fixed assets jumped to Rs. 214.98 lakhs from Rs. 84.65 lakhs — and cash and bank balances rose to Rs. 270.08 lakhs from Rs. 55.61 lakhs. Statutory auditor M/s JMP Associates issued an unmodified (clean) opinion with no qualifications.
For shareholders, this is a steady but unspectacular first annual report post-listing. Top-line growth is in line with the small-cap profile but well below the 20%+ benchmark; EPS has been diluted by the IPO, so per-share earnings look weaker even though absolute profit improved. The negative operating cash flow despite higher profits and rising trade receivables are points investors should watch closely.