We herewith enclose the copy of Audited Balance Sheet along with the Audit Report with unmodified opinion for the quarter and year ended 31/03/2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sri Nachammai Cotton Mills reported FY25 revenue of Rs 6,917.34 lakhs, up modestly from Rs 6,635.83 lakhs in FY24. However, the company remained loss-making, with loss after tax of Rs (320.50) lakhs in FY25, narrower than Rs (478.97) lakhs in FY24. Q4 FY25 alone swung to a loss of Rs (60.69) lakhs versus a Rs 19.72 lakh profit in Q4 FY24. Management blamed poor yarn demand and a mismatch between cotton and yarn prices, noting only one unit is running on three shifts. The statutory auditor (Gopalaiyer and Subramanian) issued an unmodified (clean) opinion. Operating cash flow turned sharply negative at Rs (449.16) lakhs compared with a positive Rs 1,024.88 lakhs in FY24.
Shareholders should note the company is still in the red with deteriorating cash generation and a rising debt pile — total borrowings climbed to Rs 4,563 lakhs, pushing debt-to-equity to roughly 2.8x (from 2.05x last year). While the loss narrowed year-on-year, weak yarn demand and negative operating cash flow signal continued financial stress and limited near-term recovery prospects.