BSESwastika Castal LtdMediumNeutral
Announced Wed, 20 May · 16:02 IST

With reference to the above, in terms of Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like ....

Results RestatedExceptional ItemNegative Operating CashflowResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹48.30
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.5+1.4-3.7-5.7-6.8-14.1+83.6
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AI summary

Swastika Castal Ltd reported audited standalone financial results for FY2025-26 with revenue from operations of ₹3,535.41 lakhs, up 17.3% from ₹3,014.18 lakhs in the previous year. Profit after tax stood at ₹328.18 lakhs, down from ₹434.44 lakhs (though the previous year included a prior period adjustment of ₹250.07 lakhs due to restatement of fixed asset balances). The company completed its IPO in July 2025, raising ₹1,209.68 lakhs (net), with all IPO proceeds fully utilized. Operating cash flow turned negative at ₹-771.95 lakhs, a significant concern. Auditors O.P. Rathi & Co issued an unmodified (clean) opinion.

Likely market impact

While revenue grew moderately and the IPO was successfully deployed, the company faces working capital pressure as evidenced by negative operating cash flow. The prior period restatement raises questions about historical accounting accuracy but has been transparently disclosed. Shareholders should monitor cash flow conversion and working capital management.