Audited Standalone & Consolidated Financial results for quarter and year ended 31st March, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raideep Industries Limited reported audited FY25 results with standalone revenue from operations of Rs. 2,290.05 lakhs, down about 10% from Rs. 2,555.35 lakhs in FY24. Standalone profit after tax was nearly flat at Rs. 21.53 lakhs (FY24: Rs. 21.67 lakhs), with EPS of Rs. 0.39. On a consolidated basis, including share of associates, net profit fell sharply to Rs. 113.10 lakhs from Rs. 186.49 lakhs in FY24, and EPS dropped to Rs. 2.02 from Rs. 3.39. The auditor (Montek S & Associates) issued an unmodified opinion but flagged multiple emphasis-of-matter issues: inventory not physically verified, no balance confirmations from debtors/creditors, significant related-party transactions with sister concerns, unregistered title deed for land and building worth Rs. 148.06 lakhs, and non-compliance with Ind AS 116 on lease accounting. Operating cash flow was negative at Rs. -168.91 lakhs versus Rs. -117.09 lakhs last year.
The top-line decline and weak consolidated earnings, combined with negative operating cash flow and several governance/accounting red flags from the auditor, suggest caution. While statutory profit is positive, the emphasis-of-matter points—particularly undisclosed related-party concentration and the irregular lease and inventory treatment—could weigh on investor confidence and stock sentiment.