AUDITED STANDALONE AND CONSOLIDATED FINANCIALS FOR THE QUATER AND YEAR ENDED 31ST MARCH, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gamco Ltd reported a sharp decline in FY25 performance, with standalone total income falling to Rs. 5,096.94 lakhs from Rs. 21,155.27 lakhs in FY24 (about 76% drop) and profit after tax plunging to Rs. 516.28 lakhs from Rs. 3,312.72 lakhs (about 84% lower). The Q4 standalone results swung to a loss of Rs. 1,805.65 lakhs, driven largely by a Rs. 2,521.28 lakh negative fair value change on securities. The Board declared a small dividend of Rs. 0.10 (5%) per share and issued bonus shares in a 5:4 ratio in March 2025. The company also took a 33% stake in a new associate, Shalimar Gamco Private Limited (glass business, no turnover yet), at Rs. 10 per share, which qualifies as a related party transaction. Both standalone and consolidated operating cash flows turned sharply negative, and the debt-to-equity ratio worsened to 2.33x from 1.23x.
Shareholders should note the steep year-on-year fall in revenue and profits, a net loss in Q4, negative operating cash flows, and a rising debt load, all of which signal weaker financial health despite the clean (unmodified) auditor's opinion. The small dividend and bonus issue offer limited comfort, while the new glass-business investment adds risk as it is unproven and related-party in nature.