Dear Sir / Madam Pursuant to Reg 30 of the SEBI Listing Regulations, outcome of the meeting of the board of directors held on May 30, 2025 is enclosed herewith. Please take the same on ....
Awaiting price reaction for this filing.
Universal Office Automation Ltd reported audited financial results for Q4 and FY ended March 31, 2025, with zero revenue from operations for the full year. Total income came only from 'other income' of Rs 12.95 lakhs in FY25 vs Rs 13.08 lakhs in FY24. The company posted a net loss of Rs 8.58 lakhs in FY25, narrower than the Rs 24.51 lakh loss in FY24. No dividend was declared. The balance sheet shows deeply negative reserves of Rs (1,285.29) lakhs against share capital of Rs 1,465.27 lakhs, with cash and equivalents of Rs 137.24 lakhs. Cash flow from operations was negative at Rs (15.07) lakhs. The statutory auditor V Nagarajan & Co issued an unmodified opinion on the financial statements.
Shareholders should note that the company continues to have no operational business, is loss-making (though losses have narrowed), has accumulated losses exceeding its share capital, and negative operating cash flows. Despite these red flags, the auditor gave a clean opinion and there is no going concern qualification. The stock remains a thinly-traded, largely dormant small-cap with limited equity value.