Outcome of the Board Meeting held on 24th May, 2025
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Niks Technology's Board approved audited financial results for the half-year and year ended 31st March, 2025, with statutory auditors issuing an unmodified opinion. Total revenue from operations grew strongly to Rs. 900.95 lakhs (FY25) from Rs. 610.86 lakhs (FY24), a jump of about 48%, driven mainly by the Drone Spray Services segment which surged to Rs. 734.81 lakhs from Rs. 163.95 lakhs. However, the Drone Parts Sale segment dropped sharply to Rs. 158.19 lakhs from Rs. 424.22 lakhs. Profit after tax rose only marginally to Rs. 45.05 lakhs (vs Rs. 44.50 lakhs), as profit margins compressed — PBT margin fell from ~10% to ~7%. The Board also re-appointed M/s. R Shukla & Co. as Internal Auditor and M/s. S.A. & Associates as Secretarial Auditor for FY 2025-26.
Strong top-line growth and zero debt are positives, but flat bottom-line growth, margin compression, and continued negative operating cash flow (Rs. -44.77 lakhs) signal that profitability and cash quality remain concerns for shareholders.