Kalyani Commercials Limited — Results, 29-05-2025: Integrated Filing- Financial

Kalyani Commercials Limited has announced a board meeting on the financial results for the quarter and half-year ended March 31, 2025.

**Revenue Performance:**

Total income rose sharply to ₹388.83 Cr for FY25, marking a 39% YoY increase from ₹279.23 Cr. Growth was driven mainly by the automobile and other business segments, with revenue from operations jumping to ₹387.30 Cr from ₹277.95 Cr.

**Profitability and EPS:**

Net profit remained steady at ₹2.33 Cr compared to ₹2.36 Cr last year. EPS held firm at ₹23.33 (basic) and ₹23.63 (diluted). Profit before tax inched up slightly to ₹3.36 Cr. Margins were maintained despite higher volume, supported by favorable inventory shifts and controlled costs.

**Operational Costs:**

Expenses grew to ₹385.47 Cr from ₹275.96 Cr, reflecting the revenue scale-up. Material consumption increased substantially to ₹261.87 Cr, while employee costs (~₹5.67 Cr) and depreciation (~₹0.28 Cr) stayed stable. Notably, inventory management improved with a ₹10.34 Cr reversal compared to last year’s ₹0.26 Cr addition, boosting working capital efficiency.

**Key Metrics:**

Finance costs increased to ₹4.88 Cr owing to higher borrowings; other expenses remained stable. Efficient inventory and receivables management helped steady margins despite cost pressures.

**Balance Sheet / Cash Flow Health:**

Current borrowings more than doubled to ₹51.58 Cr, offset slightly by a small decline in long-term debt. Trade receivables grew in line with sales, but cash reserves dipped to ₹0.28 Cr. Operating cash flow was negative ₹24.94 Cr, pressured by working capital. Minimal capex and active debt repayments highlight cautious financial management.

**Management Outlook:**

No explicit commentary, but auditor reappointments suggest continued focus on governance and internal controls.

**Final Takeaway:**

Kalyani Commercials shows strong revenue momentum with stable profitability, but working capital and cash flow remain areas to watch. Investors should keep an eye on cash flow improvement and debt control for sustainable growth prospects.