Results Financial Statement for the year ended 31st March 2025

Going-concern doubtAdverse audit opinionRevenue declinedNet loss reportedNegative operating cash flowResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.8%Reaction day

₹4.79

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+4.6%-8.4% vs market

Other Textile Products peers, median of 170sector+3.2%-7.0% vs sector

On the reaction day the stock moved 8.4 pts less than Nifty Microcap 250 and 7.0 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-3.8+4.6-8.4+3.2-7.0

Next day

-2.1+6.3-8.4+4.2-6.3

-0.6+8.1-8.7+5.2-5.8

+4.2+9.1-5.0+5.7-1.5

+9.2+10.0-0.8+6.3+2.8

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+26.1+11.0+15.1+6.2+19.9

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+17.7+13.3+4.4+7.1+10.7

+44.9+15.3+29.6+8.5+36.4

+28.6+17.0+11.6+8.6+20.0

+33.8+11.4+22.4+1.8+32.0

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 170Pending

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AI summary

Gravity India Limited reported a loss after tax of Rs. 200.58 lakhs for FY25, narrower than the Rs. 616.34 lakh loss in FY24. Revenue from operations fell sharply to Rs. 122.30 lakhs from Rs. 225.45 lakhs last year, and the company's reserves are deeply negative at Rs. (693.97) lakhs. The statutory auditor issued an Adverse Opinion for the first time, flagging that the going concern assumption is inappropriate since the company has ceased operations, has accumulated losses and significant liabilities. The auditor also noted that gratuity obligations were not provided as required under Ind AS 19 because no actuarial valuation was done. Operating cash flow was negative at Rs. (38.65) lakhs, though closing cash improved slightly to Rs. 16.28 lakhs.

Likely market impact

This is a serious red flag for shareholders — the auditor has questioned whether the company can continue as a going concern, and a first-time Adverse Opinion signals deep financial trouble. Investors should expect heightened risk of further share price pressure and possible delisting or liquidation concerns.