Shukra Bullions posts ₹5.21 lakh profit on ₹162.41 lakhs annual revenue
The nano-cap trader's equity base shrank as investment revaluations dragged down the bottom line.
— 1 earlier story on Shukra Bullions Ltd. →What's new
- Annual revenue reached ₹162.41 lakhs, up from ₹156.16 lakhs the prior year.
- Quarterly revenue hit ₹88.10 lakhs, doubling the ₹38.25 lakhs reported in Q3.
- Total equity dropped to ₹179.69 lakhs from ₹260.58 lakhs.
Why it matters
Net profit improved slightly to ₹5.21 lakhs, but the hit to equity from investment losses dominates the year-end picture. For a company with a ₹22 crore market valuation, a balance sheet contraction of this scale is a clear negative.
What we're watching
- The stability of the investment portfolio in the current fiscal year.
- Whether the jump in Q4 revenue indicates a sustainable shift in trade volume.
- Equity erosion trends in the coming quarters.
The full read
Shukra Bullions ended the year with a net profit of ₹5.21 lakhs, a gain from the ₹4.25 lakhs recorded previously. Annual revenue reached ₹162.41 lakhs, aided by a Q4 performance where the company pulled in ₹88.10 lakhs. This beat the ₹38.25 lakhs reported in the preceding quarter. The financial position suffered elsewhere. A loss of ₹86.10 lakhs, tied to investment revaluations, pared the firm's total equity to ₹179.69 lakhs from ₹260.58 lakhs. The auditor provided an unmodified opinion on these statements. For a firm with a market capitalization of ₹22 crores, the impact of these asset revaluations on shareholder equity is the primary takeaway from these results.