Outcome of the Board Meeting.

Revenue declinedNet loss reportedNegative operating cash flowGoing-concern doubtResults View source PDF Explain this filing

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

-1.2%Reaction day

₹14.60

prior close

₹15.48

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.2% vs market

Non Banking Financial Company (NBFC) peers, median of 193sector+0.0%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.2 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-6.9

10m

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15m

-6.9

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.2-0.1-1.2+0.0-1.2

Next day

-1.4+0.2-1.6+0.3-1.7

-3.6+0.6-4.2+0.3-3.9

-0.2+0.9-1.1+0.4-0.6

+2.3+1.0+1.3+0.6+1.7

-3.1+0.7-3.8+0.0-3.1

-1.2+1.8-3.0+0.0-1.2

15d

-1.8+1.7-3.5-0.2-1.6

+1.4+3.1-1.7+0.5+0.9

+0.1+1.7-1.6-2.5+2.6

-3.7-1.0-2.7-3.6-0.1

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 193Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved audited financial results for FY ended 31 March 2025, reporting a net loss of Rs. 29.30 lakhs compared to a profit of Rs. 7.81 lakhs in FY24. Total income fell sharply to Rs. 19.02 lakhs from Rs. 47.58 lakhs, a decline of about 60% year-on-year. The company's reserves stand at a negative Rs. 715.62 lakhs, indicating fully eroded shareholder equity, and operating cash flow was deeply negative at Rs. (210.68) lakhs. To strengthen funds, the company raised Rs. 324 lakhs in March 2025 by allotting 18 lakh shares on a preferential basis to promoter group and a non-promoter at Rs. 18 per share, partly to meet RBI NBFC net owned fund norms. The board also re-appointed the internal auditor for FY26 and appointed a new secretarial auditor for five years. The statutory auditor issued an unmodified (clean) opinion on the results.

Likely market impact

Loss-making year, collapsing income, negative reserves, and heavy cash burn are serious red flags for shareholders. The recent equity infusion provides short-term liquidity and RBI compliance relief, but investors should watch closely for a turnaround in earnings and asset quality.