ANNUAL REPORT 2024-25
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 2.0 pts less than its Restaurants peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Spice Lounge Food Works Ltd (formerly Shalimar Agencies Ltd) filed its 44th Annual Report for FY 2024-25 with BSE, MSEI and CSE, along with the AGM notice for September 30, 2025 to be held via video conferencing. On a standalone basis, the company reported revenue from operations of ₹66.21 lakh (FY24: nil) and swung to a profit after tax of ₹19.41 lakh compared to a loss of ₹5.15 lakh in the previous year. Consolidated financials show a much larger scale with revenue of ₹10,527.04 lakh and profit after tax of ₹564.56 lakh. The board did not declare any dividend due to inadequate profits on a standalone basis. The statutory auditor (M/s JMT & Associates) issued an unmodified (clean) opinion and the secretarial audit report contains no qualifications. Shareholders will also consider appointing M/s Sarada Putcha as secretarial auditor for five years from FY 2025-26 to FY 2029-30.
Routine regulatory filing with no material surprise for shareholders. Standalone business remains very small but returned to profit, while the consolidated entity shows meaningful operating scale. Clean audit report and absence of any flagged going-concern or related-party concerns are mildly positive signals.