The Board of Directors approved the Audited Financials for the year ended March 31, 2025 subject to the approval from the shareholders of the Company.
ELCIDIN · price
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Elcid Investments Limited, a non-banking financial company focused on investments, announced its audited standalone and consolidated financial results for Q4 and full year ended March 31, 2025. The Board has recommended a final dividend of Rs. 25 per equity share (on face value of Rs. 10), subject to shareholder approval. Statutory auditor V.K. Beswal & Associates issued an unmodified (clean) opinion on both standalone and consolidated financial statements. Full-year standalone profit before tax came in around Rs. 14,557 lakhs, but Q4 standalone PAT swung to a loss of about Rs. 1,329 lakhs and total comprehensive income for the year turned sharply negative due to large mark-to-market losses on equity instruments routed through OCI. The company also appointed M/s Ruchi Kotak & Associates as Secretarial Auditor for a five-year term from April 1, 2025.
The clean audit opinion and a generous 250% final dividend are positive for shareholders, but heavy unrealized losses on equity investments through OCI and a negative Q4 print may weigh on sentiment in the near term; the stock remains sensitive to movements in its equity portfolio.