1. The Audited Financial Results set out in compliance with Accounting Standards for the Half year and year ended March 31, 2025 together with Statement of Assets & Liabilities and Cash ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mish Designs Limited's board, at its May 26, 2025 meeting, approved the audited financial results for the half-year and full year ended March 31, 2025. Full-year revenue from operations rose to ₹1,801.10 lakhs from ₹1,315.28 lakhs in FY24, a strong growth of about 37%. Net profit for the year increased to ₹88.99 lakhs from ₹81.27 lakhs, a more modest ~9.5% rise, indicating margin compression. The statutory auditor J C Kabra & Associates issued an unmodified opinion with no qualifications. The board also appointed Dinesh Jain & Co. as Internal Auditor and M/s H. Maheshwari & Associates as Secretarial Auditor for FY 2025-26 and 2026-27. Operating cash flow remained deeply negative at ₹(500.17) lakhs, only marginally better than ₹(625.05) lakhs in FY24.
Strong top-line growth is encouraging, but the gap between revenue and profit growth, along with continued negative operating cash flow, may raise concerns about cash conversion and working capital pressures. The clean audit opinion and unchanged statutory auditor are positive signals for governance, though investors should watch how the company funds operations and growth.