Financial Results for the year ended March 31,2025
Awaiting price reaction for this filing.
Alchemist Corporation reported its audited results for FY25 on May 30, 2025. The company had zero revenue from operations in both standalone and consolidated books, with all income coming from 'other income' of about Rs. 42.57 lakhs (standalone) and Rs. 42.57 lakhs (consolidated). Standalone other income dropped sharply from Rs. 108.62 lakhs in FY24 to Rs. 42.57 lakhs in FY25, while total expenses ballooned from Rs. 30.71 lakhs to Rs. 137.44 lakhs, driven by a jump in 'other expenses' to Rs. 123 lakhs. As a result, the company swung from a standalone profit of Rs. 6.79 lakhs to a loss of Rs. 28.81 lakhs; the consolidated loss was Rs. 26.90 lakhs. Standalone EPS fell from Rs. 0.14 to a negative Rs. 0.59. Operating cash flow was deeply negative at about Rs. (74) lakhs, with the company relying on sale of land (Rs. 52.85 lakhs) and a Rs. 107.78 lakh loss on sale of shares to keep cash balances just above Rs. 1.73 lakhs. Other equity swung from positive Rs. 1,095.29 lakhs to negative Rs. 436.58 lakhs. The auditor (Krishan Rakesh & Co.) issued an unmodified opinion on both sets of results.
Shareholders should note that the company is loss-making, burning cash from operations, and now has negative net worth on a standalone basis — meaningful concerns about financial health despite a clean audit opinion. Stock price reaction may remain weak given deteriorating fundamentals, and the company will need to monitor listing compliance around its negative net worth.