BSENSB BPO Solutions LtdMediumNeutral
Announced Fri, 14 Nov · 19:21 IST

Submission of Un-audited Financial Results for half year ended on 30thSeptember, 2025 under regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

Related Party TransactionsContingent Liabilities IncreasedNegative Operating CashflowResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NSB BPO Solutions, recently listed on the BSE SME platform on October 10, 2025, reported its first set of half-yearly results as a listed company. Standalone revenue from operations rose modestly to Rs. 7,168.59 lakhs (vs Rs. 7,003.23 lakhs in H1 FY25, ~2.4% growth), while profit after tax grew to Rs. 459.73 lakhs (vs Rs. 421.75 lakhs, ~9% growth). Consolidated PAT including the associate On Door Concepts was stronger at Rs. 579.30 lakhs (vs Rs. 520.81 lakhs), with basic EPS of Rs. 3.13 standalone and Rs. 3.95 consolidated. However, operating cash flow turned negative at Rs. (144.00) lakhs standalone versus a positive Rs. 42.12 lakhs in the prior period. The auditor issued an unmodified limited review report, but the notes flag several gaps: no gratuity provision, unspent CSR funds not yet transferred, MSME vendor classification not done, bank reconciliation pending, audit trail features not implemented in accounting software, and significant contingent liabilities including a GST demand of Rs. 499.23 lakhs pending adjudication.

Likely market impact

Modest top-line growth but healthy bottom-line expansion provides a stable first impression post-listing. However, the swing to negative operating cash flow and large contingent GST demand are red flags that retail investors should weigh against the profitability picture.