Announced Wed, 11 Jun · 20:58 IST

Pursuant to Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and<BR> Disclosure Requirements) Regulations, 2015, we would like to inform you that the ....

Emphasis Of MatterRevenue Growth 20pctPat NegativeNegative Operating CashflowResults View source PDF

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AI summary

Neopolitan Pizza and Foods Ltd reported full-year FY25 revenue of ₹5,115.55 Lakhs, up about 16% from ₹4,400.36 Lakhs in FY24, driven mainly by agricultural trading. However, profit after tax collapsed to ₹40.64 Lakhs (from ₹216.41 Lakhs in FY24), an 81% drop, and the second half of the year actually slipped into a loss with PAT of ₹(42.30) Lakhs versus a ₹120.07 Lakhs profit a year earlier. The auditor issued an unqualified opinion but flagged an 'Emphasis of Matter' on IPO fund misuse: the company raised ₹1,170 Lakhs via its October 2024 IPO to open 16 new QSR outlets, but only opened 2 and diverted ₹207.96 Lakhs earmarked for expansion into working capital, leaving ₹300 Lakhs in fixed deposits. Operating cash flow turned sharply negative at ₹(582.34) Lakhs versus ₹372.17 Lakhs inflow last year, driven by a big jump in receivables and inventory.

Likely market impact

Sharply lower profitability, a half-year loss, and red flags around IPO fund utilisation may weigh on investor sentiment, despite revenue growth. The negative operating cash flow and weak QSR execution are concerns, though the balance sheet remains comfortable with low debt and healthy cash reserves post-IPO.