MarketPing
शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
  1. Home
  2. Results news
  3. IndiaNivesh
  4. Q4 FY25 results

IndiaNivesh Q4 FY25 results: net loss widens to ₹10.66 crore, revenue down 71.2%

IndiaNivesh Ltd reported a consolidated net loss of ₹10.66 crore for Q4 FY25, compared with a net loss of ₹2.28 crore in Q4 FY24 and a net profit of ₹0.71 crore in Q3 FY25. Revenue was ₹0.15 crore, while total expenses rose to ₹10.64 crore, including finance costs of ₹9.85 crore; basic EPS was -₹2.82.

Key points

  • Consolidated revenue was ₹0.15 crore in Q4 FY25, down 71.2% from ₹0.52 crore in Q4 FY24.
  • IndiaNivesh reported a net loss of ₹10.66 crore in Q4 FY25, against a net loss of ₹2.28 crore a year earlier and a net profit of ₹0.71 crore in Q3 FY25.
  • Total expenses were ₹10.64 crore, up 185.3% from ₹3.73 crore in Q4 FY24; finance costs were ₹9.85 crore.
  • Basic EPS was -₹2.82 in Q4 FY25, compared with -₹0.60 in Q4 FY24 and ₹0.19 in Q3 FY25.
  • For FY25, revenue was ₹3.99 crore, down 34.9% from ₹6.13 crore in FY24, and PAT was a net loss of ₹6.39 crore.

How did IndiaNivesh perform in Q4 FY25?

IndiaNivesh Ltd reported consolidated revenue of ₹0.15 crore for Q4 FY25, down 71.2% from ₹0.52 crore in Q4 FY24 and from ₹0.52 crore in Q3 FY25. Total income was ₹0.91 crore, down 15.0% from ₹1.07 crore a year earlier and 20.2% from ₹1.14 crore in the previous quarter. EBITDA and EBITDA margin were not reported in the supplied figures.

The company reported a consolidated net loss of ₹10.66 crore for Q4 FY25, compared with a net loss of ₹2.28 crore in Q4 FY24 and a net profit of ₹0.71 crore in Q3 FY25. PBT was a loss of ₹9.73 crore, while basic EPS was -₹2.82. On the standalone basis, revenue was ₹0.40 crore and PAT was a net loss of ₹9.51 crore, compared with a net loss of ₹3.06 crore in the year-ago period.

IndiaNivesh Q4 FY25 results, consolidated (₹ crore unless stated)
₹ croreQ4 FY25Q3 FY25Q4 FY24YoYQoQ
Revenue from operations0.150.520.52−71.2%−71.2%
Other income0.760.620.55+38.2%+22.6%
Total expenses10.640.573.73+185.3%+1766.7%
Profit before tax−9.730.56−2.66turned to loss
Tax0.93−0.15−0.39
Net profit−10.660.71−2.28turned to loss
EPS (₹)−2.820.19−0.60turned to loss

EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).

What changed in IndiaNivesh's costs and profit?

Total expenses rose to ₹10.64 crore in Q4 FY25 from ₹3.73 crore in Q4 FY24, an increase of ₹6.91 crore. Finance costs increased by ₹9 crore to ₹9.85 crore from ₹0.85 crore, while other expenses fell by ₹2 crore to ₹0.51 crore from ₹2.51 crore. Employee costs were ₹0.15 crore, down ₹0.02 crore, and depreciation was ₹0.14 crore, down ₹0.06 crore.

Other income was ₹0.76 crore in Q4 FY25, up ₹0.21 crore from ₹0.55 crore in Q4 FY24. Tax was ₹0.93 crore, compared with a tax credit of ₹0.39 crore in the year-ago quarter. There was no exceptional item. The filing stated that interest terms were renegotiated during the quarter ended 31 March 2025 and interest was provided for the full year; the auditors stated their opinion was not modified in respect of this matter.

Costs and other lines, Q4 FY25 against Q4 FY24 (₹ crore)
₹ croreQ4 FY25Q4 FY24ChangeChange %
Employee cost0.150.17−0.02−11.8%
Finance costs9.850.85+9+1058.8%
Depreciation0.140.20−0.06−30.0%
Other expenses0.512.51−2−79.7%
Total expenses10.643.73+6.91+185.3%
Other income0.760.55+0.21+38.2%
Tax0.93−0.39+1.32

Source: Company's results filing (XBRL).

How did IndiaNivesh do in FY25 as a whole?

For FY25, consolidated revenue was ₹3.99 crore, down 34.9% from ₹6.13 crore in FY24. Total income was ₹6.53 crore, down 21.4% from ₹8.31 crore. PBT moved to a loss of ₹5.72 crore from a profit of ₹2.40 crore, while PAT was a net loss of ₹6.39 crore compared with a net profit of ₹2.53 crore.

FY25 basic EPS was -₹1.69, compared with ₹0.67 in FY24. The year-on-year changes were a revenue decline of ₹2.14 crore, a total-income decline of ₹1.78 crore, a PBT deterioration of ₹8.12 crore and a PAT deterioration of ₹8.92 crore.

FY25 against FY24 (₹ crore unless stated)
₹ croreFY25FY24Change
Revenue from operations3.996.13−34.9%
Profit before tax−5.722.40turned to loss
Net profit−6.392.53turned to loss
EPS (₹)−1.690.67

Source: Company's results filing (XBRL).

What do the balance sheet and cash flow show?

At 31 March 2025, consolidated total assets were ₹92.88 crore, compared with ₹93.26 crore at 30 September 2024. Total equity was negative ₹40.50 crore at the year-end, against negative ₹30.56 crore at the previous balance-sheet date, and cash was ₹0.20 crore versus ₹0.25 crore. Borrowings were not reported in the supplied figures.

FY25 operating cash flow was negative ₹10.41 crore, compared with negative ₹2.96 crore in FY24. Investing cash flow was ₹1.93 crore, against ₹0.48 crore, while financing cash flow was ₹8.52 crore, against negative ₹0.07 crore. Capital expenditure was ₹0.00 crore in both periods.

Balance sheet (₹ crore)
₹ croreAs of 31 March 2025As of 30 September 2024
Total assets92.8893.26
Total equity−40.50−30.56
Cash and equivalents0.200.25
Inventories00

Source: Company's results filing (XBRL).

Cash flow, year to date (₹ crore)
₹ croreFY25FY24
Cash from operations−10.41−2.96
Cash from investing1.930.48
Cash from financing8.52−0.07
Capital expenditure00

Source: Company's results filing (XBRL).

How has IndiaNivesh done over the last 8 quarters?

Revenue rose from ₹1.70 crore in Q1 FY24 to ₹2.42 crore in Q3 FY24, then fell to ₹0.52 crore in Q4 FY24. It later rose to ₹1.83 crore in Q1 FY25 and ₹1.50 crore in Q2 FY25 before declining to ₹0.52 crore in Q3 FY25 and ₹0.15 crore in Q4 FY25. The latest quarter was the lowest revenue quarter in the reported period.

PAT reached a high of ₹2.01 crore in Q1 FY25 and a low of negative ₹10.66 crore in Q4 FY25. It had been negative ₹2.28 crore in Q4 FY24, then moved to ₹1.55 crore in Q2 FY25 and ₹0.71 crore in Q3 FY25 before turning to a net loss in the latest quarter. EBITDA margin data was not available for the reported quarters.

Revenue from operations (₹ crore)
1.70Q1 FY241.49Q2 FY242.42Q3 FY240.52Q4 FY241.83Q1 FY251.50Q2 FY250.52Q3 FY250.15Q4 FY25
Net profit (₹ crore)
1.29Q1 FY241.54Q2 FY241.97Q3 FY24−2.28Q4 FY242.01Q1 FY251.55Q2 FY250.71Q3 FY25−10.66Q4 FY25

Which businesses drove the quarter?

Investment and Trading Activities reported revenue of negative ₹0.12 crore and EBIT of negative ₹0.14 crore in Q4 FY25. Finance Activities reported revenue of ₹0.13 crore and EBIT of ₹0.13 crore, with an EBIT margin of 100.0%. The filing did not provide year-ago segment revenue, EBIT or growth figures for these businesses.

Broking, fees, commission and other ancillary activities reported revenue of ₹0.01 crore and EBIT of negative ₹0.60 crore in Q4 FY25, with an EBIT margin of -4506.0%. Year-ago segment figures were not provided, so a segment-wise year-on-year comparison could not be stated from the supplied information.

Segments, Q4 FY25 (₹ crore)
SegmentRevenueRevenue YoYEBITEBIT margin
Investment & Trading Activities−0.12−0.14
Finance Activities0.130.13100.0%
Broking, Fees, commission and Other ancilary Activities0.01−0.60-4506.0%

Source: Company's results filing (XBRL segment data).

What did the auditors point out?

The statutory auditors gave a qualified opinion on the standalone financial results. The basis for the qualification stated that internal audit under section 138 of the Companies Act, 2013 was not done during the year; the auditors said that, except for the possible effects of that matter, the results gave a true and fair view.

The auditors included an emphasis of matter on two loans with outstanding principal of ₹62.00 crores and ₹60.50 crores. Interest had been waived for one loan until March 2024 and was not considered in quarterly results until 31 December 2024; the company provided interest at 7.15% for the full year after renegotiating terms. For the other loan, terms were under renegotiation for the nine months ended 31 December 2024, and interest was provided at 9% for the full year after renegotiation.

The auditors also stated that the standalone results disclosed a net loss of ₹6,60,475.30 during the year ended 31 March 2025 and negative net worth of ₹52,17,744.10. They said these conditions cast significant uncertainty on the company's ability to continue as a going concern, while also noting that the standalone results had been prepared on a going-concern basis because management and directors said funds would be inducted as required.

How did IndiaNivesh shares react?

The filing was released after market hours. From the pre-results close of ₹11.30, the stock was down 2.2% on the reaction day, with the price at the time of the filing ₹11.90. It fell 0.4% after five minutes, 1.3% after 15 minutes and 2.7% after 30 minutes.

By the next day's close, the stock was up 0.8% from its pre-results close. By the fifth session, it was down 2.7% from that close. The industry median was down 0.1% on the reaction day, down 0.3% by the next day and down 0.8% by five days; the corresponding excess sector moves were -2.1 percentage points, 1.1 percentage points and -1.9 percentage points. On earlier results days, the stock moved up 2.0% on 13 August 2024 and fell 2.0% on 29 May 2024.

Share price after the results filing
After the filingStockNon Banking Financial Company (NBFC) median
5 minutes−0.4%
15 minutes−1.3%
30 minutes−2.7%
Reaction day−2.2%−0.1%
Next day+0.8%−0.3%
5 days−2.7%−0.8%

Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.

Reaction-day moves on earlier results
Results filed onStock on the reaction day
13 August 2024+2.0%
29 May 2024−2.0%

Source: MarketPing price-reaction measurement.

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

IndiaNivesh was compared with 217 other Non Banking Financial Company (NBFC) companies that filed for the quarter. The peer median revenue growth was 5.7%. The company’s revenue declined, while 15 peers grew slower than IndiaNivesh and 202 grew faster than IndiaNivesh.

Among the peers for which profit was compared, 113 reported higher profit. The peer data was dated 6 November 2026.

Other Non Banking Financial Company (NBFC) companies that have filed Q4 FY25 results (as of 6 November 2026)
IndiaNivesh revenue growth (YoY)−71.2%
Median of 217 other Non Banking Financial Company (NBFC) companies+5.7%
Companies with slower revenue growth than IndiaNivesh15 of 217
Companies with faster revenue growth than IndiaNivesh202 of 217
Companies whose net profit rose113 of 250

Source: Filed results (XBRL) of the industry's companies.

Quick answers

What was IndiaNivesh's revenue in Q4 FY25?

Revenue from operations was ₹0.15 crore, down 71.2% from ₹0.52 crore in Q4 FY24 (consolidated).

Did IndiaNivesh make a profit in Q4 FY25?

No. It reported a net loss of ₹10.66 crore, against a net loss of ₹2.28 crore in Q4 FY24.

What was IndiaNivesh's EPS in Q4 FY25?

Basic loss per share was ₹2.82, against a loss of ₹0.60 in Q4 FY24.

How did IndiaNivesh shares react to the Q4 FY25 results?

On the reaction day the stock moved −2.2% from the previous close; the median Non Banking Financial Company (NBFC) stock moved −0.1%.

When did IndiaNivesh announce its Q4 FY25 results?

On 28 May 2025, in a filing to the BSE.

Sources

How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.

This is information, not investment advice. MarketPing does not recommend buying or selling any security.