Integrated Filing
Awaiting price reaction for this filing.
Devhari Exports (India) Ltd submitted its Integrated Filing for FY25 with audited results showing zero revenue from operations, same as FY24. Net loss for the year narrowed sharply to Rs. 13.43 lakhs from Rs. 1,011.59 lakhs in FY24, mainly because last year carried a one-time Rs. 1,000 lakh expense (loss on sale of investment) which did not recur. Finance costs stood at Rs. 13.43 lakhs (FY24: Rs. 11.72 lakhs). The company's other equity is deeply negative at Rs. (1,053.55) lakhs, making total equity negative at Rs. (310.71) lakhs, meaning shareholder funds are fully eroded. Current borrowings rose to Rs. 306.30 lakhs from Rs. 173.78 lakhs. Operating cash flow turned negative at Rs. (120.00) lakhs versus Rs. 2.53 lakhs in FY24, with the shortfall funded by fresh short-term borrowings.
The company remains a loss-making shell with negative net worth, no operating revenue, and worsening operating cash flows funded by debt — a risky setup for shareholders despite the smaller headline loss. Stock likely to remain illiquid and under pressure until the company restarts real business activity.