consider and approve audited standalone and consolidated financials results for the quarter and year ended 31st March 2024
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Awaiting price reaction for this filing.
Epuja Spiritech's board approved audited results for Q4 and FY25 on 20th May 2025. Standalone revenue from operations jumped to ₹864.70 lakhs in FY25 from just ₹95.91 lakhs in FY24, an over 8x increase, with Q4 alone bringing in ₹703.45 lakhs. The company swung to a net profit of ₹15.77 lakhs for FY25 from a loss of ₹47.99 lakhs in FY24, aided by ₹16.21 lakhs in exceptional items. Total assets stood at ₹2,103.06 lakhs, including ₹421.74 lakhs of goodwill indicating a subsidiary acquisition. Trade receivables surged from ₹141.10 lakhs to ₹856.68 lakhs, raising working capital concerns. Statutory auditor SDPM & Co. issued an unmodified (clean) opinion on both standalone and consolidated results.
The dramatic revenue jump and turnaround to profit are positive signals, but the negative operating cash flow of ₹(358.20) lakhs and ballooning receivables suggest the earnings quality may be weak and the business is heavily reliant on financing activities. Shareholders should weigh top-line growth against cash conversion concerns.