Cochin Malabar Estates & Industries Ltd — Others, 31-07-2025: Others

The Cochin Malabar Estates & Industries saw FY25 Profit After Tax jump to ₹12.81 Cr from ₹4.99 Cr, driven by ₹13.76 Cr in commission income. While the rubberwood factory remains non-operational, the company's development of Goa land assets supports its going concern status. Investors should note the company's net worth is fully eroded, with current liabilities exceeding assets, a material uncertainty highlighted by auditors. Disputed income tax demands of over ₹15.12 Cr are pending appeal, and some Goa land title deeds are still awaiting mutation. Shareholders will vote on board appointments, including a new Independent Director, at the upcoming Annual General Meeting.