Shoora Designs Limited has informed the exchange regarding the outcome of Board Meeting held on May 20, 2025 and submitted Standalone Audited Financial Results for the half year and year ....
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Shoora Designs Limited's Board of Directors approved standalone audited financial results for the half year and full year ended March 31, 2025, with the statutory auditor M/s. Piyush Kothari & Associates issuing an unmodified (clean) opinion. Revenue from operations rose to ₹486.20 lakhs in FY25 from ₹443.71 lakhs in FY24 (about 9.6% growth), while Profit After Tax stood at ₹5.85 lakhs (FY24: ₹5.36 lakhs). The Board also approved a preferential allotment of 31,25,000 equity shares at ₹53 each (₹10 face value + ₹43 premium), raising approximately ₹16.56 crores from promoter and non-promoter (public category) investors. The balance sheet expanded sharply, with share capital rising from ₹149.87 lakhs to ₹462.37 lakhs and reserves jumping from ₹188.48 lakhs to ₹1,538.08 lakhs following the capital infusion. Cash and equivalents grew from ₹22.47 lakhs to ₹384.16 lakhs, and total assets crossed ₹21 crores.
Positive for shareholders - clean audit opinion, modest top-line growth, and a sizeable equity fundraise that strengthens the balance sheet. The inventory build-up and negative operating cash flow are watchpoints, though the equity infusion provides cushion for working capital needs.