Excel Realty N Infra Limited has informed the Exchange regarding Board meeting held on May 14, 2025.

Emphasis Of MatterRevenue Growth 20pctPat NegativeNegative Operating CashflowResults View source PDF Explain this filing

LANDSMILL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.2%Reaction day

₹0.72

prior close

₹0.75

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%+2.5% vs market

Trading & Distributors peers, median of 127sector+0.7%+3.5% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 3.5 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.2+1.6+2.5+0.7+3.5

Next day

+0.0+2.6-2.6+1.0-1.0

+2.8+3.4-0.7+1.5+1.3

+5.6+4.7+0.9+1.5+4.1

+5.6+3.6+2.0+2.0+3.6

+2.8+4.4-1.6+0.8+2.0

+1.4+4.9-3.6+0.6+0.7

15d

+0.0+6.8-6.8+1.5-1.5

+11.1+8.4+2.7+2.3+8.8

+38.9+10.0+28.9+3.4+35.5

+56.9+4.7+52.3-2.8+59.8

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 127Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The board approved standalone and consolidated audited financial results for Q4 and FY ended March 31, 2025, with an unmodified auditor opinion. Statutory auditor M/s. Devpura Navlakha & Co. was appointed for FY 2025-26 to FY 2029-30, replacing M/s. Bhatter & Co., subject to shareholder approval. M/s. S K Jain & Co. was appointed as Secretarial Auditor and M/s. Malvika & Associates re-appointed as Internal Auditor. The auditor flagged an Emphasis of Matter regarding Rs. 115.24 Lakh Expected Credit Loss provision on long-outstanding advances under Ind AS 109, noting management should consider further ECL or discounting. FY25 total revenue jumped sharply to Rs. 1,933.16 Lakh from Rs. 618.45 Lakh, but net profit stayed nearly flat at Rs. 15.38 Lakh (vs Rs. 15.76 Lakh). Q4 FY25 alone posted a net loss of Rs. 194.79 Lakh. Operating cash flow remained negative at Rs. (603.38) Lakh for FY25.

Likely market impact

Strong revenue growth did not translate to profits, with a Q4 loss and persistent negative operating cash flow pointing to working capital or receivable stress. The change of statutory auditor and the ECL emphasis of matter are flags worth tracking for shareholders, as they signal governance rotation and potential recovery risk on advances.