Please find enclosed Financial Results
Awaiting price reaction for this filing.
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.
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.