Integrated Financials filing for quarter and year ended 31.03.2025
Awaiting price reaction for this filing.
Hemadri Cements Limited submitted its audited results for FY25 and Q4 FY25. Revenue from operations collapsed to Rs. 794.62 lakhs in FY25 from Rs. 5,585.93 lakhs in FY24, an ~86% decline, with zero revenue in Q4 FY25 as manufacturing was suspended in August 2024 due to adverse market conditions and high production costs. The company reported a net loss of Rs. 2,705.91 lakhs in FY25 (vs Rs. 1,093.17 lakhs loss in FY24), with EPS of Rs. (40.57). The company's net worth has been fully eroded, with other equity turning negative at Rs. (1,047.42) lakhs, and total equity at Rs. (380.42) lakhs. Operations are being funded by Rs. 1,927.71 lakhs in loans from group companies. The auditor issued an unmodified opinion but included an Emphasis of Matter highlighting continuous losses since FY 2022-23 and going concern uncertainty.
This is a deeply distressed situation for shareholders — equity is negative, operations are suspended, and losses are mounting. The company's survival depends on continued financial support from group companies, making this a very high-risk stock with potential for further value erosion if restructuring or revival does not materialise.