Annual Report of the Company for FY 2024-25
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Ventura Guaranty Ltd, an NBFC and holding company, filed its 41st Annual Report for FY 2024-25. On a standalone basis, revenue from operations plunged to Rs. 46.65 lakhs from Rs. 305.04 lakhs last year, while profit after tax dropped to Rs. 149.86 lakhs from Rs. 636.54 lakhs. On a consolidated basis, revenue rose modestly to Rs. 27,199.55 lakhs (from Rs. 25,579.12 lakhs), but consolidated PAT fell to Rs. 4,265.88 lakhs (from Rs. 6,432.91 lakhs). The Board recommended a final dividend of Rs. 4.5 per share (45%). Two group-level mergers are pending: Kashmira Investment and Leasing Pvt Ltd into VGL, and Ventura Allied Services Pvt Ltd into Ventura Securities Ltd. The statutory auditor's report is clean with no qualifications, but flagged delayed IEPF transfers and an audit trail feature gap in subsidiaries.
The steep standalone revenue fall reflects VGL's role as a pure investment holding company, with the real business sitting in subsidiaries. The 34% drop in consolidated PAT and decline in return on net worth (from 51.42% to 12.05%) are negatives for shareholders, though the healthy 45% dividend provides some income support. The pending mergers could strengthen the consolidated entity going forward.