Outcome of the meeting of the Board of Directors held on Wednesday, May 28, 2025
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Paragon Finance Ltd's Board approved audited financial results for Q4 and FY ended March 31, 2025. Total income from operations fell sharply to ₹279.85 lakhs from ₹363.24 lakhs in FY24, a drop of about 23%. Net profit declined to ₹31.46 lakhs from ₹85.90 lakhs, a fall of roughly 63%, translating to EPS of ₹0.74 vs ₹2.02 previously. Q4 FY25 alone swung to a net loss of ₹81.59 lakhs compared to a profit of ₹44.73 lakhs in Q4 FY24. Total assets rose modestly to ₹3,212.31 lakhs, while borrowings stayed flat at ₹70.90 lakhs. Operating cash flow turned positive at ₹122.25 lakhs versus a ₹542.45 lakh outflow last year. The auditor Mandawewala & Co. issued an unmodified (clean) opinion.
Shareholders should note the significant decline in both revenue and profit for FY25, with a quarterly loss in Q4. However, the balance sheet remains debt-light with zero defaults reported, and operating cash flow has turned positive. The stock may face short-term pressure given the weak results.