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BSEMystic Electronics Ltd· Commercial Services & SuppliesHighNeutral
Announced Tue, 27 May, 2025 · 17:30 IST

This is to inform that the Board at its meeting held today have considered and approved the audited financial results for the quarter and financial year ended 31.03.2025

Revenue growth above 20%Profit growth above 25%Results View source PDFExplain this filing

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On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.0 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.

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AI summary

Mystic Electronics' board met on 27 May 2025 and approved the audited financial results for the quarter and full year ended 31 March 2025. Total income for FY25 stood at ₹131.98 lakh, up sharply from ₹54.83 lakh in FY24. The company swung from a net loss of about ₹137 lakh in FY24 to a net profit of ₹102.91 lakh in FY25, helped by the absence of the large exceptional charge of ~₹179 lakh that hit the previous year. Statutory auditor Sunil Vankawala & Associates issued an unmodified (clean) opinion. The board also appointed M/s. Sanjonaa & Associates, Chartered Accountants, as the new internal auditor for FY26 after the previous internal auditor's term ended.

Likely market impact

This is a clear turnaround story for shareholders — revenue more than doubled and the company returned to profit with a clean audit report, which is supportive for the stock. The internal auditor change is routine and not a concern. Investors should note that absolute revenue and profit figures remain very small, so the business is still in early/nascent scale.