Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company in its meeting ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Polymac Thermoformers Ltd met on 17th May 2025 and approved the audited financial results for the half year and full year ended 31st March 2025. The auditor (Pankaj Verma & Associates) issued an unmodified (clean) opinion on the results. For the full year FY25, the company reported revenue from operations of Rs. 618.18 lakhs and a net profit of around Rs. 26.81 lakhs, compared to a net profit of Rs. 4.43 lakhs in FY24. The board also noted related party transactions, including a notable loan of Rs. 11.19 crores from Yaduka Agrotech Limited (a common director entity) and advances of Rs. 2.11 crores from Homiton Houseware Pvt Ltd (significant influence). The company confirmed there are no defaults on loans or debt securities and no pending investor complaints.
The results show a marginal improvement in full-year profitability but revenue has declined sharply from the previous year. The sizeable related party loan and advances (over Rs. 13 crores against total assets of ~Rs. 18.5 crores) suggest significant reliance on related parties for funding, which retail investors should monitor closely. A clean audit opinion is a positive signal, but the small scale of profits and weak revenue trend make this a micro-cap stock with limited near-term catalysts.