Audited Financial Results and Auditor Appointment
Awaiting price reaction for this filing.
Capfin India's board, meeting on May 15, 2025, approved audited financial results for Q4 and FY ended March 31, 2025, receiving an unmodified opinion from statutory auditor M/s Mehra Goel & Company. For the full year, the company swung to a profit after tax of Rs 16.22 lakhs compared to a loss of Rs 46.27 lakhs in FY24, though Q4 FY25 alone showed a loss of Rs 33.20 lakhs driven by Rs 71.47 lakhs in impairment losses on financial assets. Total revenue from operations rose sharply to Rs 90.85 lakhs (FY24: Rs 22.57 lakhs). The board also appointed M/s Sachapara & Associates as Secretarial Auditor and M/s Dhirubhai Shah & Co LLP as Internal Auditor for FY 2025-26.
Shareholders can take some comfort from the clean audit and full-year return to profitability, but the Q4 loss and large impairment provisions suggest ongoing asset quality concerns. The new capital raised via preferential allotment and warrants, plus the Rs 3.75 crore investment in Indigo Infracon preference shares, signals a strategic shift that warrants close monitoring.