Outcome of Board Meeting held today i.e 22nd May, 2025 and submission of Audited Financial Results for the Financial Year Ended 31st March 2025. In accordance with the SEBI (LODR) Regulations, 2015
SAURASHCEM · price
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Saurashtra Cement's board approved audited standalone and consolidated financial results for Q4 and FY25 on 22 May 2025. Statutory auditors Manubhai & Shah LLP issued a clean (unmodified) opinion on both sets of results. Standalone total income from operations fell to about ₹805.15 crore from ₹860.96 crore in FY24, a roughly 6-7% decline. Profit before tax collapsed to about ₹14.02 crore versus ₹90.33 crore last year, an ~84% drop, partly cushioned by an exceptional write-back of ₹8.98 crore. Net cash from operations was positive at ₹30.10 crore but well below last year's ₹154.98 crore. Total borrowings rose sharply to ₹134.50 crore from ₹84.06 crore, while equity remained near ₹947 crore. The 67th AGM is set for 29 August 2025, and new Cost, Secretarial, and Internal Auditors have been appointed.
The clean audit opinion is reassuring, but shareholders should note a steep fall in profitability and weaker cash generation, even as debt has expanded meaningfully. Borrowings nearly doubling could pressure interest costs going forward, though the balance sheet remains solvent.