Board Meeting Outcome for Audited Financial Results Of The Company For The Quarter and year Ended 31 March 2025
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The Board of Directors of Nam Securities Ltd approved the audited financial results for the quarter and year ended 31 March 2025. The statutory auditor, Satya Prakash Garg & Co., issued an unmodified (clean) opinion on the results, and the CFO separately declared the same under SEBI LODR regulations. Total income fell sharply from Rs. 10,956.60 lacs in FY24 to Rs. 6,671.19 lacs in FY25, a decline of about 39%, mainly driven by lower trading volumes. Despite the revenue drop, profit after tax rose modestly from Rs. 33.09 lacs to Rs. 35.66 lacs (up ~7.8%), with EPS improving to Rs. 0.66 from Rs. 0.61. Operating cash flow turned positive at Rs. 109.32 lacs against a negative Rs. 204.07 lacs last year. Related party transactions including rent and remuneration to directors and their relatives were disclosed, and the auditor confirmed no going concern issues or material uncertainties.
The clean audit opinion is reassuring for shareholders, but the sharp ~39% drop in revenue may concern investors looking at top-line growth. Profitability held up better than expected due to improved operating cash generation, which is a positive sign for the small-cap stock broker.