शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
BSEAlka Securities LtdHighNeutral
Announced Fri, 30 May, 2025 · 18:17 IST

Please find enclosed Financial Results

Debt to equity above the thresholdResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Alka Securities Limited submitted its audited standalone results for Q4 and FY25, with the auditors (PSV Jain & Associates) issuing an unmodified opinion. Total income for FY25 stood at Rs. 56.10 lakhs vs Rs. 53.83 lakhs in FY24, while revenue from operations rose about 18% to Rs. 32.39 lakhs. Profit after tax (PAT) declined to Rs. 0.82 lakhs (vs Rs. 1.22 lakhs in FY24), with EPS at just Rs. 0.01. The balance sheet remains weak: paid-up equity capital is Rs. 959.40 lakhs but other equity (reserves) is a deep negative at Rs. (951.06) lakhs, leaving total shareholder funds at only Rs. 8.34 lakhs. Borrowings of Rs. 47.44 lakhs against this tiny equity base push the debt-to-equity ratio to roughly 5.7x.

Likely market impact

Despite a small uptick in operating revenue, profitability remains marginal and the company carries a near-zero net worth with massive accumulated losses, signalling persistent capital erosion. The very high debt-to-equity ratio and weak reserves make this a high-risk, micro-cap stock that is unlikely to attract institutional interest until the balance sheet is repaired.