Outcome of Board meeting as on 29th May, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Baroda Extrusion's board approved audited results for Q4 and FY ended March 31, 2025. Full-year revenue from operations rose about 25% to ₹15,905 lakhs (vs ₹12,720 lakhs last year), and the company swung to a profit after tax of ₹1,972 lakhs from a loss of ₹110 lakhs earlier. However, almost the entire profit came from an exceptional one-time gain of ₹1,884 lakhs (₹18.84 crores) after settling a ₹44.35 crore loan with Brijlaxmi Leasing for just ₹25.51 crores. Adjusted for audit qualifications, the true profit is ₹1,680 lakhs (EPS ₹1.13 vs reported ₹1.32). The company also appointed M/s Surti & Talati as Internal Auditor for FY26. Operating cash flow turned sharply positive at ₹1,740 lakhs vs a ₹511 lakh outflow last year.
Despite a reported profit turnaround, the company's net worth remains deeply negative at ₹(1,970) lakhs, and the auditor flagged a material uncertainty on going concern. Quality of earnings is weak as profits depend heavily on a one-time debt settlement; investors should watch for the planned ₹37 crore preferential issue that management says will fix the negative net worth.