Refer attached documents
Awaiting price reaction for this filing.
HCKK Ventures Ltd (BSE Scrip: 539224) submitted its 42nd Annual Report along with the Notice of the 42nd Annual General Meeting for FY 2024-25. The company, which pivoted into IT/software consultancy (e-Invoicing, GST, ERP solutions) after an ownership change in 2022-23 to promoters Amit Maheshwari (50.32%) and Kunal Maheshwari (10%), reported total income of ₹68.87 lakhs (down 17% from ₹83.20 lakhs in FY24). Revenue from operations fell to ₹46.88 lakhs from ₹62.24 lakhs, while profit after tax declined to ₹22.03 lakhs (from ₹25.88 lakhs). EPS came in at ₹0.59 versus ₹0.70. Other equity improved to ₹67.75 lakhs and the company holds ₹360+ lakhs in cash and bank fixed deposits. No dividend was declared. The auditor gave an unmodified opinion but flagged that the audit trail (edit log) feature was not activated in the company's accounting software.
Filing is a routine regulatory compliance submission and is largely neutral for the stock. However, the underlying financials show shrinking top-line and bottom-line, which investors should note. The strong cash pile (over 80% of total assets) provides a cushion and supports the company's plan to set up a new development center in Mumbai.