BSEEverlon Financials LtdMediumNeutral
Announced Tue, 13 May · 15:01 IST

Intimation for Re-appointment of Secretarial Auditor of the Company for the FY 2025-26.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board of Everlon Financials Limited (formerly Everlon Synthetics Limited) approved the audited financial results for Q4 and FY ended 31 March 2025 with an unmodified opinion from statutory auditor M/s. B.L. Dasharda & Associates. The board also re-appointed M/s. R. Thakkar and Co. as Internal Auditor and M/s. Sindhu Nair & Associates as Secretarial Auditor for FY 2025-26. For FY25, total income rose to Rs. 1,515.73 lakhs (up from Rs. 1,023.33 lakhs in FY24), but net profit dropped sharply to Rs. 118.87 lakhs (from Rs. 800.35 lakhs), with EPS falling to Rs. 1.92 from Rs. 12.91. Q4 FY25 standalone results showed a net loss of Rs. 568.33 lakhs. Total assets grew to Rs. 3,431.97 lakhs and reserves to Rs. 2,504.55 lakhs.

Likely market impact

Routine auditor re-appointments signal continuity, but the sharp YoY decline in net profit and the Q4 loss may weigh on short-term investor sentiment, even as the balance sheet shows stronger reserves and asset growth.