Bazel International Q4 FY25 results: net profit ₹0.35 crore

How did Bazel International perform in Q4 FY25?

Bazel International reported consolidated revenue of ₹2.44 crore for Q4 FY25, compared with ₹0.77 crore in Q3 FY25. Total income was ₹3.32 crore against ₹0.8 crore, while total expenses were ₹2.48 crore compared with ₹0.71 crore. The figures include other income of ₹0.88 crore in Q4 FY25, against ₹0.03 crore in the previous quarter, and there was no exceptional item.

Profit before tax was ₹0.84 crore in Q4 FY25, up from ₹0.10 crore in Q3 FY25. After tax of ₹0.49 crore, the company reported a net profit of ₹0.35 crore, against ₹0.12 crore in the previous quarter. Basic EPS was ₹1.14, compared with ₹0.6 in Q3 FY25. On a standalone basis, revenue was ₹2.43 crore and profit after tax was ₹0.99 crore.

What do the balance sheet and cash flow show?

At 31 March 2025, Bazel International reported total assets of ₹71.73 crore and total equity of ₹51.49 crore. Cash was ₹0.38 crore. The filings did not provide a previous balance-sheet date for comparison, and the available balance-sheet data did not state borrowings.

For FY25, operating cash flow was ₹-9.45 crore, investing cash flow was ₹-1.89 crore and financing cash flow was ₹11.57 crore. Capital expenditure was ₹0.03 crore. A year-earlier comparison for the cash-flow statement was not provided.

What else did the company announce?

The board approved and took on record the standalone and consolidated audited financial results for the quarter and year ended 31 March 2025. The statutory auditor’s report carried an unmodified opinion for both sets of results. The company also filed a statement of no deviation under Regulation 32 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

On the recommendation of the Audit Committee, the company appointed Vivek Singh as internal auditor for FY25-26. It appointed Meenu G & Associates, Company Secretaries LLP, as secretarial auditor for 5 years to conduct the secretarial audit for FY24-25 and thereafter, subject to shareholder approval in the ensuing general meeting. The 22 May advance intimation also included an agenda to increase authorised capital and raise funds through preferential issue of equity shares, including conversion of outstanding loans and issuance of warrants; the result filing did not state that these matters were approved.

How did Bazel International shares react?

The filing was made after market hours, with a prior close of ₹38.91. On the reaction day, the stock was up 1.1% from the pre-results close, compared with a 0.1% decline for the median move of other Non Banking Financial Company stocks. By the next day's close, the stock was up 1.4% from the pre-results close, against a 0.3% decline for the industry median.

How did other Non Banking Financial Company (NBFC) companies do?

Among 218 Non Banking Financial Company peers compared for the quarter, the median revenue growth was 5.7%. The peers data showed how many companies grew slower or faster than Bazel International, but the corresponding counts were not provided in the facts available for this article. Among 113 peers whose profit comparison was reported, 113 grew profit.