Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Meeting of Board of Directors of the Company ....
Awaiting price reaction for this filing.
ND Metal Industries reported FY25 audited results with Revenue from Operations of just Rs. 5.06 lakhs (vs Rs. 5.86 lakhs in FY24), showing essentially negligible core business activity. Total Income rose to Rs. 140.96 lakhs (vs Rs. 88.51 lakhs), driven almost entirely by Other Income of Rs. 135.90 lakhs. Profit Before Tax grew to Rs. 25.83 lakhs (vs Rs. 19.10 lakhs), and Profit After Tax nearly doubled to Rs. 25.51 lakhs (vs Rs. 12.82 lakhs), translating to EPS of Rs. 1.03 (vs Rs. 0.52). Q4 standalone PAT came in at Rs. 10.88 lakhs, recovering from a loss of Rs. 18.25 lakhs in Q3. Operating cash flow turned strongly positive at Rs. 103.20 lakhs (vs a marginal negative Rs. 0.52 lakhs last year). Other Equity on the balance sheet dropped sharply to Rs. 51.35 lakhs from Rs. 137.17 lakhs, likely reflecting a dividend or reserve adjustment.
Profitability metrics improved sharply on paper, but this is almost entirely driven by Other Income rather than actual manufacturing/trading operations, which remain minimal. Shareholders should note the unusually low operational revenue and the significant drawdown in reserves despite reported profits. The stock may react to the EPS doubling, but the underlying business health warrants closer scrutiny.