Outcome of the Board Meeting - Audited Financial Results of the Company for the quarter and year ended March 31, 2025 and Recommendation of Final Dividend
EVERESTIND · price
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Everest Industries announced its audited Q4 and FY25 results along with a Rs. 2.50 per share final dividend (25% on face value). Standalone revenue from operations grew about 7.4% year-on-year to Rs. 1,70,702 lakhs, but standalone profit after tax fell sharply by around 40% to Rs. 1,434.78 lakhs from Rs. 2,387.06 lakhs in FY24. Profit before exceptional items and tax collapsed to just Rs. 189.94 lakhs (vs Rs. 2,052.33 lakhs last year), showing significant core margin compression. On a consolidated basis, the company swung to a loss of Rs. 360.41 lakhs for FY25 from a profit of Rs. 1,799.83 lakhs in FY24. Standalone operating cash flow turned negative at Rs. (6,991) lakhs versus Rs. 19,581 lakhs generated last year, and year-end cash balance dropped to Rs. 475 lakhs. Results were supported by exceptional items totalling Rs. 1,162.85 lakhs, including Rs. 778.92 lakhs of GST incentives for the Lakhmapur plant and Rs. 384 lakhs from sale of a Noida property. Statutory auditor SRBC & Co LLP issued an unmodified (clean) opinion.
While revenue growth and the dividend are positives, shareholders should note the steep drop in core profitability, the consolidated net loss, and the sharp reversal in operating cash flow, which may weigh on the stock in the near term despite the clean auditor report.