Audited Standalone Financial Results and Audited Standalone Financial Statements along with Auditor''s Report of the Company for the quarter and year ended March 31, 2025
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The company reported total income of ₹2,645.99 Lacs and a profit after tax of ₹217.01 Lacs for FY25, turning around from a loss of ₹17.48 Lacs in FY24. Revenue from operations stood at ₹2,455 Lacs versus essentially nil in the prior year, with EPS at ₹0.36. However, the statutory auditor issued a Disclaimer of Opinion, meaning they could not obtain sufficient evidence to express any view on the financial results. Major concerns flagged include: unsecured loans of ₹8,472.96 Lacs without agreements, unconfirmed borrowings of ₹12,319.89 Lacs, inventory of ₹14,352.36 Lacs that could not be verified despite the company having no warehouse or godown facility, and sales invoices lacking E-Way bills or delivery proof. Cash flow from operations was deeply negative at ₹(22,202.88) Lacs, driven by a massive ₹14,352 Lacs inventory build-up and ₹1,895 Lacs rise in receivables.
This is an extremely serious red flag for shareholders. A Disclaimer of Opinion is the most severe form of audit outcome, signalling that the very真实性 of the reported numbers cannot be relied upon. With unverifiable inventory, unconfirmed borrowings and loans, and a negative operating cash flow that dwarfs the reported profit, the credibility of these financials is highly questionable. Investors should treat the reported profit with extreme caution and expect heightened regulatory and stock price risk.