Adroit Infotech Limited — Results, 22-05-2025: Integrated Filing- Financial
Adroit Infotech has announced a board meeting on approving its audited consolidated financial results for FY25.
1) Revenue Performance: Consolidated revenue surged to ₹44.8 Cr, nearly doubling from ₹28.5 Cr last year, driven by its core SAP Support Services business.
2) Profitability and EPS: Net profit fell to ₹1.51 Cr from ₹3.81 Cr, impacted by exceptional items and a ₹3.23 Cr bad debt provision. Basic EPS declined to ₹0.26 from ₹0.47, showing margin pressures despite top-line growth. Contingent consideration reversal (₹2.93 Cr) partially offset losses.
3) Operational Costs: Significant cost increases included higher depreciation (₹1.78 Cr) linked to asset additions, GST liabilities, and bad debt provisions, resulting in a sharp rise in expenses that squeezed profit margins.
4) Key Metrics: Operating profit before working capital changes rose to ₹5.39 Cr versus ₹4.67 Cr, reflecting growth in operational scale.
5) Balance Sheet / Cash Flow Health: Equity nearly doubled to ₹73.6 Cr due to a ₹38.7 Cr fresh equity infusion. Non-current assets increased to ₹64.7 Cr, indicating substantial capex. Borrowings increased slightly but remain manageable. Operating cash flow was negative ₹13.4 Cr due to working capital buildup.
6) Strategic Outlook: Management is investing heavily to scale and build intangible assets. The contingent payout reversal provides one-off financial relief.
Momentum is strong in revenue growth, but profit margins and cash flows need monitoring. Retail investors should watch for improvements in working capital efficiency and cost management in upcoming quarters.
