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Awaiting price reaction for this filing.
Share Samadhan Ltd has issued a corrigendum to its Annual Report for FY 2024-25, filed with BSE on September 3, 2025, to fix inadvertent typographical, clerical errors, and omissions identified in the earlier version. The accompanying document includes the full audited financials and auditor's report by K.S. Choudhary & Co, which gave an unmodified opinion. Revenue from operations stood at Rs 88.71 lakh (thousand) against Rs 92.82 lakh in the previous year, while profit before tax fell sharply to Rs 29.90 lakh from Rs 50.88 lakh, and net profit dropped to Rs 22.85 lakh (EPS of Rs 2.12 vs Rs 4.46). The balance sheet expanded significantly post-IPO, with cash and equivalents at Rs 163.55 lakh and total assets at Rs 344.14 lakh, though Rs 144.79 lakh of IPO proceeds remain parked in fixed deposits pending deployment. The auditor flagged key audit matters around unquoted investments of Rs 10.30 lakh in ERDAC Solutions, short-term loans and advances of Rs 70.44 lakh, and revenue recognition from advisory services.
This is essentially a housekeeping correction to the annual report and is unlikely to move the stock price on its own. However, investors should note the declining profitability (PBT down ~41% YoY) despite a much larger post-IPO balance sheet, and watch for deployment of the Rs 144.79 lakh of unutilized IPO funds still sitting in fixed deposits.