Outcome of the Meeting of Board of Directors held on 14th November, 2025.
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The Board of Misquita Engineering approved the standalone unaudited financial results for the half year ended 30 September 2025. Revenue from operations jumped to Rs. 887.03 lakhs from Rs. 552.07 lakhs in H1 FY25, a growth of around 61%. However, profit after tax fell to Rs. 14.73 lakhs from Rs. 19.42 lakhs, and EPS dropped to Rs. 0.33 from Rs. 0.70, reflecting sharp margin compression. Total expenses surged, driven by a huge spike in raw material costs (Rs. 806.43 lakhs vs Rs. 881.95 lakhs previously reported) and a massive build-up of trade receivables (Rs. 897.56 lakhs vs Rs. 386.97 lakhs). Cash flow from operations was deeply negative at Rs. (224.53) lakhs, funded largely through fresh equity issuance of Rs. 258.80 lakhs and higher short-term borrowings.
Mixed picture for shareholders — strong topline growth is positive but sharply lower profitability, negative operating cash flow, and rising working capital needs suggest stress on margins and liquidity. The dilution from fresh share issuance may also weigh on per-share returns in the near term.