Audited Financial Results for the quarter ended on March 31, 2025
Awaiting price reaction for this filing.
Satiate Agri reported standalone audited results for FY25 with revenue from operations of just ₹10 lakh, down from ₹20.4 lakh in FY24 — a roughly 51% decline. The company swung to a much wider net loss of ₹104.17 lakh (vs ₹11.78 lakh loss last year), driven by sharply higher expenses of ₹121.56 lakh including a big jump in purchases of stock-in-trade (₹402.73 lakh) and other expenses. Q4 alone posted a ₹103.53 lakh loss on total income of only ₹17.39 lakh. The balance sheet shows total assets rising to ₹394.57 lakh mainly due to inventories of ₹392.72 lakh, while short-term borrowings surged from ₹19.23 lakh to ₹415.76 lakh and total equity turned negative at ₹(48.66) lakh. Operating cash flow was deeply negative at ₹(409.21) lakh, financed largely through fresh borrowings. The statutory auditor (M/s D.G.M.S & Co.) issued an unmodified (clean) opinion.
Despite the clean audit opinion, the negative net worth, collapsing revenue, mounting losses, and sharp rise in short-term debt signal serious solvency stress for shareholders. The stock is likely to face continued pressure given deteriorating fundamentals and heavy reliance on borrowings to fund operations.