BSEBeryl Securities LtdHighNeutral
Announced Tue, 27 May · 17:19 IST

AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH 2025

Emphasis Of MatterRevenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Beryl Securities, a small NBFC based in Indore, reported FY25 total revenue of Rs 186.58 lakhs, more than doubling from Rs 84.42 lakhs in FY24. Net profit for the year rose about 49% to Rs 25.72 lakhs (EPS Rs 0.53 vs Rs 0.35). However, the standalone Q4 (Jan-Mar 2025) slipped into a loss of Rs 14.57 lakhs despite revenue of Rs 57.46 lakhs, as expenses spiked. Operating cash flow turned sharply negative at Rs -140.86 lakhs (versus +Rs 96.90 lakhs last year), mainly due to a Rs 213 lakh increase in loans. The auditor issued an unqualified opinion but flagged an emphasis of matter about reversal of old income tax and wealth tax provisions totalling Rs 7.99 lakhs credited to profit & loss as prior period adjustments.

Likely market impact

Full-year results look healthy on paper with strong revenue and profit growth, but the Q4 loss and large negative operating cash flow (loans are being given out faster than cash is coming in) are warning signs for retail investors. The auditor's clean opinion with only an emphasis of matter is reassuring, but watch for cash collection quality from the growing loan book.