Annual Report for the Financial Year 2024-2025
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Stellar Capital Services Limited, an NBFC listed on the BSE SME platform, submitted its 31st Annual Report for FY 2024-25. The company reported total income of ₹250.22 lacs compared to ₹234.49 lacs in FY24, with total expenditure falling sharply from ₹310.50 lacs to ₹232.00 lacs. This led to a turnaround at the profit level, with profit before tax of ₹18.22 lacs (vs a loss of ₹76.01 lacs last year) and profit after tax of ₹11.93 lacs (vs a loss of ₹77.20 lacs last year). No dividend was declared to preserve liquidity. During the year, statutory auditor Goyal Nagpal & Co resigned and was replaced by Hemant Arora & Co LLP to fill the casual vacancy, and two new independent directors were appointed.
The company swung back to profitability after a loss-making prior year, which is a positive signal for shareholders. However, the absence of a dividend and the ongoing process of voluntary surrender of its NBFC registration suggest management is focused on liquidity preservation and a strategic reset rather than near-term returns.