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BSESri Nachammai Cotton Mills Ltd-$· Textiles & ApparelsHighNeutral
Announced Mon, 26 May, 2025 · 13:32 IST

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.

Net loss reportedNegative operating cash flowDebt to equity above the thresholdResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Nifty Microcap 250market · in no size index; the smallest one is used+0.6%-1.9% vs market
Other Textile Products peers, median of 178sector+0.1%-1.4% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.4 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

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.

Likely market impact

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.