Pursuant to Regulation 30 and Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that ....
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The Board approved audited financial results for Q4 and FY ended 31 March 2025. On a consolidated basis, revenue from operations jumped 53.7% to ₹18,015.86 lakhs (vs ₹11,723.55 lakhs in FY24) and profit after tax rose 30.3% to ₹1,100.03 lakhs (vs ₹844.73 lakhs), largely driven by the newly consolidated FMCG subsidiary Sunrakshak Agro Products Pvt Ltd (acquired 100% effective 1 Jan 2025). However, on a standalone basis (textiles only), revenue declined 11.3% to ₹10,404.57 lakhs and PAT fell ~33% to ₹563.49 lakhs, indicating weakness in the core textile business. Statutory auditor O.P. Dad & Co issued an unmodified/unqualified opinion. The Board also allotted 11,69,600 equity shares on a preferential basis at ₹840 per share (premium ₹830), raising ₹98.24 crore from promoter group and select non-promoter investors like Authum Investment, taking paid-up capital to ₹6.20 crore (62,01,350 shares). Additionally, Mr. Bal Mukund Kabra was appointed Internal Auditor for FY26 and Anil Somani & Associates as Secretarial Auditor for 5 years.
Strong consolidated headline numbers mask weakness in the core textile business, which shrank both in revenue and profit on a standalone basis. The ₹98 crore preferential issue will dilute existing shareholders (paid-up equity rises from 50.32 lakh shares to 62.01 lakh shares, ~23% dilution) but brings in growth capital and a marquee investor (Authum), which could support expansion of the newly acquired FMCG vertical.