BSEIncap LtdHighNeutral
Announced Thu, 29 May · 15:40 IST

AGM to be held on 27th September, 2025

Revenue Growth 20pctEbitda Margin CompressionNegative Operating CashflowResults 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

Incap Ltd submitted its audited standalone financial results for FY ended 31 March 2025 along with the statement of assets and liabilities. Revenue from operations rose sharply to Rs 3,357.92 lakhs in FY25 from Rs 1,936.47 lakhs in FY24, a jump of about 73%. However, operating margins shrank — operating profit before tax grew only modestly to Rs 104.54 lakhs from Rs 92.05 lakhs, indicating margin compression. Profit after tax (total comprehensive income) rose to Rs 68.79 lakhs from Rs 60.84 lakhs. The Board has recommended a 10% dividend (Rs 1 per share on Rs 10 face value). The Annual General Meeting is scheduled for 27 September 2025, and the statutory auditor (Umamaheswara Rao & Co.) issued an unmodified opinion.

Likely market impact

Strong top-line growth is a positive, but shrinking margins and continued negative operating cash flow (Rs -211.32 lakhs) suggest working capital pressure and rising costs. The 10% dividend and clean audit opinion are supportive, but shareholders should watch cash conversion and margin trends closely.