Results for Year Ended March-2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swadeshi Polytex has reported a sharp collapse in its operating business for FY25. Revenue from operations fell to just Rs. 40 lakhs from Rs. 9,925.66 lakhs in FY24, a drop of nearly 100%, as the company now classifies itself solely under the Real Estate segment, indicating its core polytex/textile operations have been wound down. Net profit from continuing operations also crashed to Rs. 226.06 lakhs from Rs. 8,249.04 lakhs last year. Despite the weak operating performance, the company remains financially healthy with total equity of Rs. 11,102.24 lakhs, Rs. 6,422 lakhs parked in bank fixed deposits, and Rs. 4,073.70 lakhs in mutual fund investments. The Q4 standalone quarter saw a loss after tax of Rs. 50.40 lakhs on revenue of just Rs. 10 lakhs. Auditor Sanmarks & Associates issued an unmodified (clean) opinion on the results.
The stock reflects a company that has effectively exited its original polytex manufacturing business and now operates as a small real estate and investment holding entity. While the balance sheet is strong due to accumulated cash and investments, shareholders should expect negligible operational earnings going forward, making future returns dependent on asset deployment or possible dividends rather than business growth.