Result for half year 31st March 2025
Price
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Awaiting price reaction for this filing.
Kaarya Facilities and Services reported audited FY25 revenue from operations of Rs. 38.10 crore, up about 30.6% from Rs. 29.18 crore in FY24, driven by higher sale of services. The company swung to a profit of Rs. 1.72 crore in FY25 from a loss of Rs. 5.06 crore in FY24, with EBITDA improving from negative Rs. 3.01 crore to Rs. 3.74 crore. However, operating cash flow remained negative at Rs. -94.45 lakh versus Rs. -63.65 lakh last year, and net worth is extremely thin at just Rs. 0.07 crore against total borrowings of roughly Rs. 8.7 crore. The board accepted the resignation of CFO Prashant Panchal (effective 21 May 2025) and appointed Jitendra Adhyaru as the new CFO (effective 29 May 2025). The auditor (Piyush Kothari & Associates) issued an unmodified opinion, and the company also filed corrected borrowing figures with BSE since the portal only accepts whole crores.
Positive turnaround story with strong top-line growth and return to profit, but the razor-thin net worth, negative operating cash flow, and heavy reliance on short-term borrowings signal balance sheet stress that shareholders should monitor closely.