Disclosure Context
Navoday Enterprises Ltd (Scrip Code: 543305) submitted its audited standalone financial results for the half year and full year ended March 31, 2025, to BSE Ltd pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and approved by the Board of Directors at a meeting held on October 20, 2026, which commenced at 3:45 PM and concluded at 5:40 PM.
Financial Results Overview (Year Ended March 31, 2025)
The company reported a net loss of ₹1.87 lakh for FY25, a significant deterioration from a net profit of ₹33.24 lakh in FY24. This resulted in a basic and diluted loss per share (EPS) of ₹(0.02) for FY25, compared to an EPS of ₹0.43 in FY24.
Revenue: Total revenue for FY25 was ₹1.67 lakh, a drastic decline from ₹11.41 lakh in FY24.
Expenditure: Total expenses for FY25 were ₹1.69 lakh, substantially lower than the ₹10.96 lakh incurred in FY24. Key expense components included:
- Cost of materials consumed/Purchase of Stock in Trade: ₹1.37 lakh (FY24: ₹10.35 lakh)
- Employee benefit expenses: ₹7.59 lakh (FY24: ₹19.56 lakh)
- Depreciation & amortization: ₹9.25 lakh (FY24: ₹11.17 lakh)
- Other expenditure: ₹14.98 lakh (FY24: ₹29.56 lakh)
Taxation: The company reported a tax expense of ₹0.46 lakh for current tax and a deferred tax credit of ₹1.09 lakh for FY25.
Half-Yearly Performance (Unaudited)
For the half year ended March 31, 2025, the company reported a net loss of ₹8.65 lakh on nil revenue, with a basic and diluted EPS of ₹(0.11).
Balance Sheet Position (as at March 31, 2025)
Total Assets: ₹14.54 lakh (FY24: ₹14.68 lakh)
- Non-current assets: ₹2.14 lakh (FY24: ₹1.04 lakh), including tangible assets (₹7.24 lakh), intangible assets (₹37.14 lakh), and non-current investments (₹170.00 lakh)
- Current assets: ₹12.39 lakh (FY24: ₹13.65 lakh), including trade receivables (₹259.77 lakh), cash and cash equivalents (₹39.87 lakh), and short-term loans and advances (₹642.71 lakh)
Equity and Liabilities:
- Shareholders' funds: ₹8.71 lakh (FY24: ₹8.73 lakh), comprising equity share capital of ₹770.80 lakh and reserves and surplus of ₹100.05 lakh
- Non-current liabilities: ₹234.03 lakh (FY24: ₹8.68 lakh), primarily long-term borrowings of ₹226.44 lakh
- Current liabilities: ₹348.83 lakh (FY24: ₹587.05 lakh)
Cash Flow Statement (FY25)
Operating Activities: Net cash inflow of ₹118.29 lakh, primarily due to operating profit before working capital changes of ₹6.75 lakh and positive working capital changes of ₹112.00 lakh.
Investing Activities: Net cash outflow of ₹120.00 lakh, attributed to purchases of non-current investments.
Financing Activities: No cash flow from financing activities was reported.
Net Change: The company experienced a net decrease in cash and cash equivalents of ₹1.71 lakh during FY25.
Audit and Compliance Notes
1. APS Associates Chartered Accountants (FRN: 306015E) issued an unmodified audit opinion on the financial results, confirming they present a true and fair view in accordance with Regulation 33 requirements.
2. The company is exempt from adopting IND-AS accounting standards as per MCA notification dated February 16, 2015, since it is listed on the BSE SME Platform.
3. The figures for previous periods have been reclassified/rearranged/regrouped where necessary to conform to current period classification.
4. The results were prepared in accordance with recognition and measurement principles under Section 133 of the Companies Act, 2013.