Outcome of board meeting held on today i.e. On May 30, 2025, In Terms of Second Proviso to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Awaiting price reaction for this filing.
The board of Shantai Industries Ltd approved audited standalone financial results for Q4 and full year ended March 31, 2025, along with an unmodified (clean) audit opinion from M/s DSI & Co., Chartered Accountants. Revenue from operations for FY25 jumped sharply to ₹2,024.97 lakhs compared to just ₹129.19 lakhs in FY24. The company swung from a loss of ₹6.31 lakhs in FY24 to a profit of ₹30.63 lakhs in FY25, with basic EPS improving from ₹(0.42) to ₹2.04. Q4 FY25 alone delivered revenue of ₹723.45 lakhs and PAT of ₹8.47 lakhs. Total assets nearly doubled to ₹1,477.67 lakhs, but trade receivables surged dramatically to ₹1,218.81 lakhs (from ₹141.89 lakhs), and operating cash flow turned negative at ₹(295.63) lakhs due to this receivables build-up and higher working capital needs.
Strong top-line growth and a clean return to profitability are positive for shareholders, but the steep rise in trade receivables and negative operating cash flow signal potential collection risks and stretched working capital that investors should watch closely.