This is to inform you that the Company had earlier submitted outcome of the Board Meeting held on Thursday, May 29, 2025. However, due to an inadvertent typographical error in the subject ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Ravalgaon Sugar Farm Ltd submitted audited results for FY25 (ended March 31, 2025). The company has been inactive since selling its confectionery trademarks, recipes, and IP to Reliance Consumer Products in FY24, so revenue from operations was zero in Q4 FY25. Total income for FY25 fell to Rs. 241.32 lakhs from Rs. 871.61 lakhs in FY24. The company reported a net loss of Rs. 201.78 lakhs for FY25 (vs a profit of Rs. 1,739.82 lakhs in FY24, which included a one-time exceptional gain of Rs. 2,610.50 lakhs from the trademark sale). EPS turned negative at Rs. (59.62). Net worth stood at Rs. 1,509.09 lakhs and operating cash flow was negative at Rs. (489.31) lakhs. The board also appointed Mrs. Sirisha Vinay Sampat as Non-Executive Independent Director for a 5-year term and amended the Remuneration Policy. The statutory auditor issued an unmodified opinion but flagged five emphasis-of-matter items including the going concern assessment, pending water usage dispute with Maharashtra government, and a labour court gratuity ruling for 21 former workers.
The company is essentially a shell after the confectionery IP sale to Reliance, with no operating business and recurring losses. Shareholders should note the lack of revenue visibility, negative operating cash flows, and unresolved contingent liabilities (water penalties and gratuity claims). The auditor's unmodified opinion and positive net worth provide some comfort, but the stock is likely to remain thinly traded until new business activity emerges.