BSEHaryana Capfin LtdHighNeutral
Announced Thu, 22 May · 16:11 IST

Outcome of the Board Meeting held on 22nd May, 2025 for Approval of Audited Financial Results for the quarter and Financial Year ended 31st March, 2025.

Revenue Growth 20pctPat Growth 25pctNegative Operating CashflowResults RestatedResults View source PDF

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AI summary

The Board of Haryana Capfin Limited (BSE: 532855), an NBFC, approved the audited standalone financial results for Q4 FY25 and the full year ended March 31, 2025, with the statutory auditors M/s A M A A & Associates issuing an unmodified (clean) opinion. Total revenue from operations for FY25 rose to Rs. 752.96 lakhs from Rs. 439.10 lakhs in FY24 (~71% growth), driven mainly by higher dividend income (Rs. 570.51 lakhs vs Rs. 285.25 lakhs) and profit on sale of mutual fund units (Rs. 32.11 lakhs vs nil). Net profit for FY25 jumped to Rs. 522.09 lakhs from Rs. 281.76 lakhs (~85% YoY growth), lifting EPS to Rs. 10.02 vs Rs. 5.41. However, Other Comprehensive Income was deeply negative at Rs. (6,835.74) lakhs due to a sharp fall in the fair value of investments (booked at Rs. 42,364 lakhs), pushing total comprehensive income into a loss of Rs. (6,313.65) lakhs. Operating cash flow remained negative at Rs. (217.65) lakhs (vs Rs. (151.14) lakhs in FY24).

Likely market impact

Reported earnings look strong, but the profit surge is largely driven by non-core, non-recurring items (dividends and mutual fund gains) rather than interest income, which actually dipped slightly. The negative OCI signals mark-to-market losses on a large investment portfolio, and persistent negative operating cash flows suggest core NBFC activity remains subdued. Shareholders should view headline PAT growth with caution given the volatile investment-linked components.