Announced Fri, 23 May · 13:58 IST

In terms of Regulations 33(3) (c) and (d) Please find attached herewith Audited Financial Results along with Auditors Report for the Quarter and Year ended 31.03.2025

Revenue DeclineEbitda Margin CompressionExceptional ItemResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lakshmi Engineering and Warehousing Limited reported FY25 total income of ₹1,402.26 lakhs, down ~13.9% from ₹1,627.92 lakhs in FY24, with revenue from operations falling to ₹1,279.87 lakhs from ₹1,479.16 lakhs. Profit after tax dropped sharply to ₹84.04 lakhs from ₹230.84 lakhs (~64% decline), translating to EPS of ₹12.57 vs ₹34.52 last year. The Warehousing Rental segment stayed profitable (₹314.76 lakhs), but the Engineering Services segment swung to a loss of ₹(172.93) lakhs versus a profit of ₹36.87 lakhs last year, dragging overall profitability. Operating cash flow improved to ₹503.19 lakhs from ₹239.84 lakhs, but the company raised ₹600 lakhs in new non-current borrowings and stepped up capex (capital work-in-progress rose to ₹518.81 lakhs). The auditor issued an unmodified opinion, and the Board recommended a 10% dividend (₹10 per share of ₹100 face value) subject to shareholder approval.

Likely market impact

Shareholders see a sharp drop in earnings driven by the Engineering Services segment loss, though the Warehousing business remains steady, cash generation is stronger, and a 10% dividend provides some support. The increased borrowings and heavy capex warrant watching for leverage and project execution risks going forward.