This is to inform you that the Board of Directors of the Company at their meeting held today i.e. Thursday, 29th May, 2025 at its registered office has inter alia considered and approved ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nouveau Global Ventures' board approved its audited financial results for Q4 and FY ended March 31, 2025, alongside appointing M/s. Sanjonaa & Associates as Internal Auditor for FY26. For the full year, total income surged nearly threefold to ₹149.4 lakh from ₹50.8 lakh in FY24, driven mostly by other income (rent and interest). The company swung to a profit after tax of ₹57.2 lakh from a loss of ₹22 lakh last year. However, Q4 alone showed a small loss of ₹1.9 lakh. The balance sheet remains weak with negative reserves of ₹(1,815.8) lakh, total borrowings of about ₹821.6 lakh against shareholder funds of just ₹39.5 lakh, and negative operating cash flow of ₹(98.2) lakh. A ₹6.3 crore markdown on its Partani Appliances shares was routed through Other Comprehensive Income.
Short-term: The sharp profit turnaround and clean (unmodified) auditor opinion are positives for sentiment. However, the extremely high debt-to-equity ratio (~21x), deeply negative reserves, and weak operating cash flow signal serious balance sheet stress that should concern investors. The stock remains a high-risk, micro-cap situation despite the headline return to profitability.