Result - Financial Result 31.03.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Piotex Industries Limited, a Pune-based textile company listed on BSE's SME platform, reported its first full-year audited results after its May 2024 IPO. Revenue from operations grew about 13.4% to ₹13,435.66 Lakhs (FY24: ₹11,845.92 Lakhs). Net profit rose roughly 11.8% to ₹336.26 Lakhs (FY24: ₹300.80 Lakhs), while profit before tax increased to ₹449.35 Lakhs from ₹401.96 Lakhs. EPS came in at ₹6.85, down from ₹8.48, mainly because the share count rose after the IPO that brought in ₹1,447.22 Lakhs. The company fully repaid its long-term borrowings, strengthening reserves and surplus to ₹2,040.76 Lakhs. Statutory auditor SVJK and Associates issued an unmodified (clean) opinion. However, net cash from operating activities worsened sharply to negative ₹(789.35) Lakhs from negative ₹(238.86) Lakhs.
Modestly positive earnings growth and a clean auditor opinion support investor confidence, but the deepening negative operating cash flow and a sharp jump in trade receivables in earlier periods signal working-capital stress that shareholders should watch closely. Lower EPS is a dilution effect from the recent IPO rather than weakening profitability.