Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SSMD Agrotech India Ltd reported annual revenue of ₹11,534.94 lakhs for FY 2025-26, up 16.3% from ₹9,917.95 lakhs in FY 2024-25. Net profit increased to ₹552.72 lakhs from ₹537.75 lakhs, a modest 2.8% growth. The company, listed on BSE SME platform in December 2025 (IPO size ₹3,408.57 lakhs), received an unmodified audit opinion from Statutory Auditors Chanana & Associates. However, operating cash flow turned significantly negative at ₹-1,020.06 lakhs due to a massive ₹1,502.36 lakh surge in trade receivables. The Monitoring Agency Report for Q4 IPO fund utilization has not been received yet.
Despite revenue growth and profit improvement, the sharp negative operating cash flow and ballooning receivables (from ₹306.90 to ₹1,809.26 lakhs) raise concerns about cash conversion quality. Investors should monitor receivables collection and IPO fund utilization closely.