Financial Results for year ended 31.03.2025
Awaiting price reaction for this filing.
Narbada Gems and Jewellery Ltd reported FY25 revenue from operations of Rs. 8,538.65 lakhs, up marginally by ~1.3% from Rs. 8,431.70 lakhs in FY24. Net profit after tax stood at Rs. 488.76 lakhs, down ~3.9% from Rs. 508.48 lakhs in the previous year, translating to EPS of Rs. 2.31 (vs Rs. 2.40). The company swung to a profit of Rs. 78.25 lakhs in Q4 FY25 from a loss of Rs. 233.53 lakhs in Q4 FY24. The statutory auditor M/s. Anant Rao & Mallik issued an unmodified (clean) opinion on the results. Total equity strengthened to Rs. 5,453.40 lakhs, while borrowings rose to Rs. 2,776.58 lakhs.
Results are broadly flat with a slight decline in profit, but the clean audit opinion and recovery in Q4 are positives. However, shareholders should note the sharp rise in trade receivables (nearly tripled to Rs. 2,051.64 lakhs) and a swing to negative operating cash flow of Rs. -10.14 lakhs from a positive Rs. 492.32 lakhs earlier, indicating working capital stress.