BSEPCS Technology LtdHighNeutral
Announced Tue, 27 May · 15:32 IST

Integrated Financials Statement

Revenue Growth 20pctPat Growth 25pctExceptional ItemRelated Party TransactionsNegative Operating CashflowResults View source PDF

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AI summary

PCS Technology Limited announced audited financial results for Q4 and FY ended 31st March 2025, approved at the Board meeting on 27th May 2025. On a standalone basis, total revenue grew to Rs. 407.18 lakhs from Rs. 334.39 lakhs (up ~21.8% YoY), while profit after tax jumped to Rs. 131.04 lakhs from Rs. 98.85 lakhs (up ~32.6% YoY), translating to EPS of Rs. 0.63 vs Rs. 0.47. Consolidated PAT rose to Rs. 134.71 lakhs from Rs. 102.35 lakhs. The statutory auditor, M/s. Vinod K Mehta & Co., issued an unmodified (clean) opinion on the financials. During the year, the company redeemed its 39.75 lakh 9% preference shares for Rs. 397.50 lakhs, transferring the equivalent to Capital Redemption Reserve from free reserves, which eliminated long-term borrowings from the balance sheet. The board also approved the appointment of M/s. Kaushal Doshi & Associates as Secretarial Auditor for 5 years and continuation of two directors (A.K. Patni and H.C. Tandon) beyond age 75, subject to shareholder approval.

Likely market impact

Strong earnings growth with a clean audit opinion and zero long-term debt post preference share redemption reflects a healthy, deleveraged balance sheet for shareholders. However, the negative operating cash flow of Rs. (62.61) lakhs (consolidated) is a watchpoint, largely due to interest received being classified outside operating activities; the company's cash surplus of Rs. 3,286 lakhs provides ample cushion.