Announced Fri, 23 May · 18:25 IST

Financial Results for the Quarter and Year ended 31.03.2025.

Going ConcernQualified OpinionExceptional ItemNegative Operating CashflowResults View source PDF

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AI summary

Sheshadri Industries reported audited FY25 results with total income of ₹3,445.86 lakhs vs ₹2,877.07 lakhs in FY24 (up about 20%), and a turnaround in profit after tax to ₹837.21 lakhs from a loss of ₹252.93 lakhs earlier (EPS ₹16.88 vs ₹(5.10)). However, ₹479.96 lakhs of the profit came from an exceptional gain on sale of land; pre-exceptional profit was ₹355.37 lakhs, still a strong recovery from a pre-exceptional loss last year. The company still carries accumulated losses of ₹1,925.09 lakhs, negative net worth of ₹1,090.30 lakhs, and current liabilities continue to exceed current assets. The auditor (K.S. Rao & Co.) issued a Qualified Opinion citing unprovided interest on unpaid TDS of ₹21.85 lakhs and uncertain long-pending payables and capital advances. Net cash from operations was negative at ₹(355.40) lakhs.

Likely market impact

The headline profit flip is encouraging and largely driven by a one-time land sale, while recurring operations also improved. However, the qualified audit opinion, negative net worth, high borrowings, and negative operating cash flow signal persistent balance-sheet stress that investors should weigh carefully.