ENCLOSED HEREWITH FINANCIAL RESULT FOR YEAR ENDED 31/03/2025
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Awaiting price reaction for this filing.
Sanmit Infra Ltd posted FY25 revenue from operations of ₹14,296.21 lakhs, up about 52% from ₹9,421.64 lakhs in FY24, driven mainly by petroleum and related products (₹12,798.77 lakhs) and bitumen/road construction materials (₹1,850.28 lakhs). However, net profit after tax fell sharply to ₹155.95 lakhs from ₹446.69 lakhs, a drop of around 65%, with profit before tax compressing to ₹226.16 lakhs (FY24: ₹605.95 lakhs). Q4 FY25 PAT improved sequentially to ₹158.58 lakhs versus ₹33.92 lakhs in Q4 FY24. The company got a clean (unmodified) audit opinion from PAMS & Associates, has no outstanding loan defaults, and reported positive operating cash flow of ₹441.75 lakhs. Extensive related party transactions with promoter-family KMPs and their entities (loans, remuneration, purchase/sale of goods) have been disclosed.
Positive top-line growth but sharp bottom-line compression raises concerns about margins and cost discipline, which may weigh on the stock despite the clean audit. The heavy related party dealings with promoter family entities are something retail investors should monitor closely.