ENCLOSED HEREWITH BOARD MEETING OUTCOME DATED 19/05/2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.0 pts more than Nifty Microcap 250 and 5.3 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved audited financial results for Q4 and FY ended 31 March 2025 along with the auditor's report. Total income for FY25 stood at Rs 3,539.94 lakhs (vs Rs 3,478.59 lakhs in FY24). Profit before tax rose sharply to Rs 116.44 lakhs (vs Rs 30.51 lakhs), translating to a net profit of Rs 87.04 lakhs and EPS of Rs 0.43. The statutory auditor (Venkat & Rangaa LLP) issued an unmodified opinion. The company also appointed FCS Ramesh Chandra Mishra & Associates as secretarial auditor for 5 years (FY26–FY30) and Mr. Umang Shah as internal auditor for FY26. Cash and equivalents stood at Rs 1,994.40 lakhs with negligible borrowings of Rs 148.59 lakhs.
Sharp jump in profitability (PAT up roughly 3x year-on-year) is positive for shareholders, though absolute margins remain thin at ~3%. Net cash position is strong with almost no debt, reducing financial risk. Auditor changes are routine compliance-driven moves and unlikely to affect the stock materially.