Latest news with #Murae


India.com
24-05-2025
- Business
- India.com
This pharma company reports earnings for FY25, eyes Rs 250 million expansion
टर्म इंश्योरेंस जरूरी Pharma company Murae Organisor Ltd has announced FY25 financial results and a major pivot into high-margin, underpenetrated sectors. For the financial year ended March 31, 2025, the company reported total revenue of ₹85.48 crore, an increase compared to just ₹0.25 crore in FY24. The full-year net profit stood at ₹7.51 crore, against ₹5.31 lakh in the previous year. The Q4FY25 net profit alone was Rs 2.85 crore, underscoring consistent quarterly performance. Murae's financials also show a notable build-up in trade receivables and cash positions, suggesting an expansion in operational scale and reach. Earlier, the company had announced its intent to acquire agricultural land in the strategically vital region of Kutch, Gujarat. This acquisition underscores the company's commitment to broadening its business horizons into agriculture and industrial sectors. The proposed acquisition involves an investment estimated between INR 200 million and INR 250 million. This initiative is contingent upon thorough due diligence processes and the requisite regulatory approvals and statutory clearances. The company intends to utilize the acquired land primarily for cultivating premium-quality pomegranates, exploiting Kutch's advantageous agro-climatic conditions, renowned for high-yield and quality horticulture. This agricultural project aligns seamlessly with government schemes aimed at promoting modern agricultural practices and sustainable growth, including the National Horticulture Mission and Pradhan Mantri Krishi Sinchai Yojana (PMKSY). Additionally, MURAE Organisor Ltd. plans to set up a state-of-the-art distillery facility on the acquired premises, significantly broadening its operational capacity and enhancing its product offerings. This diversification into value-added products in the industrial segment positions the company strategically in an under-explored yet lucrative market segment, promising substantial margin improvement and sustainable long-term growth. The company's proposed venture is poised to benefit significantly from the Gujarat Industrial Policy 2020, which offers various incentives such as capital subsidies, tax concessions, and infrastructure support. The supportive regulatory environment, coupled with sector-specific government initiatives, creates an encouraging framework for rapid and profitable business expansion.


Mint
23-05-2025
- Business
- Mint
Penny stock below ₹2 hits 5% upper circuit after Q4 results 2025
Stock Market Today: Penny stock below ₹ 2, Murae Organisor, hit the 5% upper circuit during the intraday trade on Friday after the announcement of the March quarter results. Murae Organisor reported a revenue of ₹ 85 crore and a net profit of ₹ 7.5 crore for the financial year 2024-25 (FY25). The company also highlighted its plans to expand into distilleries with an investment of ₹ 250 million. The revenue was significantly higher compared with FY24, when the company's topline was just ₹ 0.25 crore. A strong profit recovery was shown by the full-year net profit, which was ₹ 7.51 crore as opposed to ₹ 5.31 lakh the year before. The net profit for Q4FY25 stood at ₹ 2.85 crore compared to ₹ 1.16 crore in the year-ago quarter, highlighting a steady performance. A significant increase in trade receivables and cash positions was also evident in Murae's financials, indicating a growth in the scope and size of operations. The company has previously announced its intention to purchase farmland in Gujarat's strategically significant Kutch region. The company's focus to expand into the industrial and agricultural sectors is demonstrated by its acquisition plans. The projected investment for the planned acquisition ranges from ₹ 20 crore to ₹ 25 crore. Comprehensive due diligence procedures, as well as the necessary statutory and regulatory certifications, are prerequisites for this project. Utilising Kutch's favourable agroclimatic conditions—which are known for their high yield and high-quality horticulture—the company plans to use the acquired area largely for the cultivation of premium-quality pomegranates. Furthermore, the small-cap compntends to construct a distillery on the purchased property, greatly expanding its operational capabilities and improving its range of products. Penny stock below ₹ 2, Murae Organisor share price, opened at ₹ 1.40 on the BSE on Friday, more than 4% higher compared to the previous day's close of ₹ 1.35. Murae Organisor share price thereafter gained to ₹ 1.41, hitting the 5% upper circuit limit.