Financial Results for year 31/03/2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Omnipotent Industries reported a net loss of Rs. 424.60 lakhs for FY25, compared to a profit of Rs. 15.66 lakhs in FY24, with revenue dropping sharply to Rs. 2,013.48 lakhs from Rs. 3,360.21 lakhs. Loss per share stood at Rs. (7.02). The auditor flagged a serious going concern issue, noting the company sold all its fixed assets and inventory during the year, significantly reduced operations, and has ongoing GST litigations. Promoters Prince Shah and Punit K. Popat diluted their stake by selling 13.16 lakh and 17.14 lakh shares respectively in the open market, raising governance concerns flagged by the auditor. Long-pending receivables of Rs. 737.35 lakhs and supplier advances of Rs. 980.02 lakhs remain doubtful. On the board, Independent Director Vikas Jain resigned citing personal commitments, and two new Independent Directors (Navneet Khare and Manoj Batham) were appointed. The registered office is being shifted from Bhandup West to Mandvi, Mumbai.
This is a deeply negative filing for shareholders — the company has effectively wound down operations, faces material going concern uncertainty, and reported a swing from profit to significant loss with promoter exits. The stock is likely to face high risk and scrutiny given the combination of operational shutdown, unresolved GST disputes, doubtful receivables, and promoter selling pressure.