Outcome
SHIVAMAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shivam Autotech's Board approved audited results for FY25, with full-year revenue from operations at Rs. 45,398 lakhs, down about 3.3% from Rs. 46,966 lakhs in FY24. Q4 revenue fell sharper, to Rs. 10,784 lakhs vs. Rs. 12,374 lakhs in Q4 FY24. The company reported a net loss of Rs. 4,804 lakhs for FY25 (vs. Rs. 5,018 lakhs loss in FY24), with the Q4 loss widening to Rs. 1,476 lakhs. Total equity has eroded to Rs. 3,148 lakhs against total borrowings of roughly Rs. 33,335 lakhs, putting the debt-to-equity ratio at over 10x. The statutory auditor (NSBP & Co.) issued an unmodified opinion but included an Emphasis of Matter on recoverability of Rs. 1,989 lakhs in deferred tax assets and Rs. 881 lakhs in MAT credit, on which no further deferred tax has been recognized since March 31, 2021.
Persistent losses, shrinking equity base, and very high leverage make this a financially stressed result. Shareholders should note that the auditor flagged uncertainty around recoverability of deferred tax assets, and operating performance is unlikely to drive any near-term re-rating without a clear turnaround in revenue and margins.