Audited result for the quarter / year ended on 31-03-2025 along with audit report
Awaiting price reaction for this filing.
Ganesh Holdings, an NBFC engaged in trading in shares, securities and commodities, reported its audited results for FY25. Total income fell sharply to ₹8.86 lacs from ₹13.62 lacs in the previous year, a decline of about 35%. Total expenses ballooned to ₹38.94 lacs (from ₹18.26 lacs), driven mainly by listing/RTA fees (₹17.86 lacs) and legal/professional fees (₹7.29 lacs), pushing the loss after tax to ₹(30.08) lacs versus ₹(4.03) lacs in FY24. Diluted EPS turned negative at ₹(2.68) from ₹0.19. The company raised ₹486 lacs via a rights issue of 486,000 shares at ₹100 each (₹10 face + ₹90 premium), increasing paid-up capital to ₹89.10 lacs. Total assets grew to ₹669.65 lacs as investments jumped tenfold to ₹667.26 lacs. The auditor (Sanjive Radhey & Co.) issued an unmodified opinion.
Shareholders should note that the company's core business continues to lose money, with losses widening over sixfold year-on-year even after the capital infusion. However, the successful rights issue strengthens the balance sheet and provides runway, though investors should watch whether trading income can scale up to cover the high fixed compliance and listing costs.