Financial Results for the Quarter and Year Ended March 31, 2025.
Awaiting price reaction for this filing.
Shah Foods Limited reported audited results for FY 2024-25 with revenue from operations surging to Rs. 378.22 lakhs from just Rs. 0.02 lakhs in FY 2023-24, a massive year-on-year jump. The company swung from a net loss of Rs. 21.91 lakhs to a net profit of Rs. 10.80 lakhs, with EPS improving from Rs. (3.67) to Rs. 1.81. For Q4 FY25 alone, revenue was Rs. 229.60 lakhs with a profit of Rs. 17.23 lakhs. However, the balance sheet remains weak — net worth is negative at Rs. (56.42) lakhs with accumulated losses of Rs. (116.17) lakhs, and operating cash flow stayed negative at Rs. (18.04) lakhs. Borrowings stood at Rs. 126.79 lakhs and trade payables jumped sharply to Rs. 184.16 lakhs.
The sharp revenue revival and return to profit are encouraging, but negative net worth and continued negative operating cash flow signal fragile financial health. Stock-price reaction will depend on whether this revenue growth is sustainable rather than a one-off.