Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Everlon Financials Limited (formerly Everlon Synthetics), an RBI-registered NBFC, held a board meeting on 13 May 2025 and approved its audited standalone financial results for Q4 and FY ended 31 March 2025. Full-year revenue from operations grew around 30% YoY to ₹1,311.42 lakhs (vs ₹1,010.99 lakhs in FY24), driven by trading in shares, dividends and interest on advances. However, full-year profit after tax (PAT) dropped sharply to ₹118.87 lakhs from ₹800.35 lakhs, a fall of about 85%, mainly due to lower other income and higher purchase costs. Q4 standalone reported a loss of ₹568.33 lakhs versus a profit of ₹372.93 lakhs in the year-ago quarter. The statutory auditor B.L. Dasharda & Associates issued an unmodified (clean) opinion. The board also re-appointed R. Thakkar and Co. as internal auditor and Sindhu Nair & Associates as secretarial auditor for FY 2025-26. Total assets expanded to ₹3,431.97 lakhs and reserves grew to ₹2,504.55 lakhs, while operating cash flow turned positive at ₹39.97 lakhs versus a negative ₹139.51 lakhs last year.
Strong top-line growth is a positive, but the steep drop in full-year profits and a Q4 loss raise concerns about earnings quality and cost control. The clean audit opinion and stronger balance sheet offer some comfort, though shareholders should track whether profitability recovers in FY26.