Integrated Filing (Financial)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Darjeeling Ropeway Company Limited filed its Integrated Filing (Financial) for the quarter and year ended 31 March 2025, reporting its first meaningful revenue of ₹91.01 lakhs for FY25, compared to nearly nil in FY24. Despite this, the company posted a net loss of ₹26.69 lakhs for the full year, widening sharply from ₹4.09 lakhs loss in FY24, with the Q4 quarter alone contributing a ₹42.17 lakh loss. Total expenses climbed to ₹116.89 lakhs, driven mainly by stock-in-trade purchases (₹66.58 lakhs) and other expenses (₹63.80 lakhs). On the balance sheet, cash and equivalents jumped to ₹143.91 lakhs from ₹11.50 lakhs, long-term borrowings of ₹417.93 lakhs were fully repaid, and short-term borrowings of ₹125.82 lakhs were taken. Auditor K M Chauhan & Associates issued an unmodified (clean) opinion. Related party transactions were disclosed, including a ₹49.26 lakh advance involving promoter Himanshu Shah and a ₹125.82 lakh loan from director Ashok Jain.
Shareholders should note the company is loss-making with widening losses despite initial revenues, which is a red flag for business sustainability. On the positive side, the clean audit opinion, strong operating cash flow of ₹1,209.71 lakhs, and fully repaid long-term debt suggest short-term financial stability, though the significant related-party loans warrant governance scrutiny.