Integrated Filing (Financials) For the year ended 31st MArch 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mitshi India Limited (formerly Dera Paints & Chemical Ltd) submitted its audited Integrated Filing for FY ended 31 March 2025. The company is engaged in trading of agriculture products. Total income stood at approximately ₹20.24 crore versus ₹20.14 crore in FY24, indicating marginal growth of around 0.5%. Profit before exceptional items and tax was ₹15.20 lakh versus ₹3.56 lakh in the previous year. After an exceptional item charge of ₹4 lakh and tax expense of about ₹7.65 lakh, net profit came in at roughly ₹3.5 lakh with basic EPS of ₹0.04 (versus ₹0.14 in FY24), implying a year-on-year decline in bottom line. Notably, the company's reserves (Other Equity) remain deeply negative at ₹(607.89) lakh, signalling accumulated losses of over ₹6 crore against paid-up capital of ₹880 lakh.
Despite a higher pre-exceptional profit, the bottom line actually shrank YoY and the company continues to carry accumulated losses exceeding ₹6 crore in its reserves, pointing to weak long-term financial health. For shareholders, the stock remains speculative with razor-thin margins and a fragile balance sheet.