Announced Wed, 28 May · 16:00 IST

Please find attached Audited Financial Results for March 2025

Revenue Growth 20pctPat NegativeEbitda Margin CompressionResults RestatedEmphasis Of MatterResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GCM Capital Advisors, an SME-listed finance and investment company, reported FY25 revenue from operations of ₹218.69 lakhs, up about 55% from ₹140.78 lakhs in FY24. Total income rose to ₹225.84 lakhs from ₹141.66 lakhs. Despite the top-line growth, the company swung to a net loss of ₹17.89 lakhs for FY25 versus a profit of ₹34.66 lakhs in FY24, mainly due to a one-time earlier-year tax charge of ₹35.29 lakhs and a higher Expected Credit Loss (ECL) provision of ₹18.14 lakhs. The second half alone posted a loss of ₹40.32 lakhs, while H1 FY25 had a profit of ₹22.43 lakhs. EPS turned negative at ₹(0.106) versus ₹0.205 in the previous year. The statutory auditor issued an unmodified opinion but flagged six emphasis-of-matter items, including non-registration with RBI as an NBFC, unreconciled balances, self-assessed valuation of unlisted shares, and pending settlement of ₹408.90 lakhs in advances.

Likely market impact

Negative for shareholders — the company reported a full-year loss despite revenue growth, driven by tax adjustments and credit-loss provisions, and the auditor highlighted significant governance and compliance concerns (including operating without an NBFC licence). The negative earnings surprise and unresolved audit matters could weigh on the stock price and investor confidence.