BSEMorarka Finance LtdHighNeutral
Announced Thu, 8 May · 14:38 IST

As per Attachment Annexed

Revenue DeclineResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Morarka Finance's Board approved audited financial results for Q4 and FY ended March 31, 2025, with the auditor (Jayesh Dadia & Associates LLP) issuing an Unmodified (clean) opinion. Total revenue from operations fell sharply to Rs. 250.13 lakhs from Rs. 758.44 lakhs in FY24, largely on lower dividend and fair-value gains. Profit after tax declined to Rs. 279.84 lakhs (from Rs. 631.59 lakhs), with EPS dropping to Rs. 6.22 from Rs. 14.03. Total assets shrank to Rs. 9,619 lakhs from Rs. 16,389 lakhs, mainly reflecting fair-value losses on investments reflected in Other Comprehensive Income (-Rs. 6,997 lakhs). Operating cash flow swung from negative Rs. 49.60 lakhs to positive Rs. 321.34 lakhs. The Board recommended a Rs. 1 per share dividend (10%) and appointed M/s VKM & Associates as Secretarial Auditor for 5 years.

Likely market impact

Sharply lower top-line and profit reflect a weak year driven by reduced investment income and mark-to-market losses, but the clean audit opinion, positive operating cash flow and a 10% dividend signal financial stability and continued shareholder rewards. For investors, the muted earnings outlook may weigh on short-term sentiment, though the dividend and zero-debt NBFC profile provide downside comfort.