✅ At a Glance
| Metric | FY25 (Consolidated) | FY24 (Est.) |
|---|---|---|
| 🧾 Revenue from Ops | ₹0 Cr | Minimal |
| 💸 Other Income | ₹5.1 Cr | NA |
| 💥 Net Loss | ₹(68.2) Cr | ₹(19.4) Cr est. |
| 📉 EPS | ₹-6.79 | ₹-1.94 est. |
| 💰 CMP (May 20, 2025) | ₹15 | — |
| 🧮 FV Estimate | NA (EPS negative) | — |
The only thing growing here is the loss. And maybe the investor patience.
🧾 About the Company
Yaari Digital Integrated Services Ltd. (formerly part of Indiabulls) claims to operate in:
- 💬 Digital platforms (social + e-commerce)
- 🏢 Real estate–related services (historically)
- 📉 Whatever’s left after demergers
But in FY25, there’s no operating revenue, no products sold, and only other income (likely from investments, cash interest, or asset sales).
📊 FY25 Financial Breakdown
| Line Item | Amount (₹ Cr) |
|---|---|
| 📊 Revenue (Operations) | 0.00 |
| 💸 Other Income | 5.1 |
| 🧍♂️ Employee Cost | 1.16 |
| 💣 Finance Costs | 60.4 |
| 🧾 Other Expenses | 7.05 |
| 📉 Total Expenses | 68.7 |
| 🔻 Net Loss | (68.2) |
| 🧮 EPS | ₹-6.79 |
Finance costs of ₹60 Cr with ₹0 revenue = business model in reverse gear.
🏦 Balance Sheet Snapshot
| Metric | Value (₹ Cr) |
|---|---|
| 💰 Cash & Equivalents | ₹188 Cr |
| 📉 Net Worth | ₹-2,764 Cr |
| 📉 Reserves | ₹-2,961 Cr |
| 📊 Equity Capital | ₹197.4 Cr |
| 📉 Total Liabilities | ₹3,002 Cr |
| ⚖️ D/E Ratio | NA (net negative equity) |
Technically bankrupt — except for the ₹188 Cr cash. Aka: “Bhookhe hain, lekin wallet bhara hai.”
🔧 Cash Flow Summary
| Flow Type | FY25 (₹ Cr) |
|---|---|
| 🔁 Operating | ₹51.7 |
| 💸 Investing | ₹542.1 |
| 🔻 Financing | ₹(407.5) |
| 📈 Net Change | ₹186.3 |
They raised cash (likely asset sales) and reduced some borrowings. But operations are still bleeding.
📉 Why The Stock Is Down?
- No revenue. Literally ₹0.
- ₹60 Cr annual interest burn
- Negative reserves = accumulated losses
- No business model shown this year
- “Digital” in name, but no digital product
Even penny stock buyers are asking “aur kya gir sakta hai?”
🧮 FV & Valuation
With EPS = ₹-6.79, we can’t do a P/E valuation.
Let’s do a rough SoTP (sum-of-the-parts):
- 💰 ₹188 Cr cash
- 🧍 ₹197 Cr equity
- 🔻 ₹2,764 Cr negative net worth
= You’re buying hope at ₹15 — not earnings.
Fair value (realistic) = ₹7–9 unless FY26 changes dramatically
🧠 EduInvesting Take
“Yaari ka dard toh samajh aata hai, but investors are the ones getting dumped.”
This isn’t a turnaround story — yet. There’s no revenue. Only burn.
The only reason this trades at ₹15?
- People are punting on:
✅ Asset sale?
✅ Reverse merger?
✅ NBFC license play?
Otherwise, there’s no operational substance left.
🏁 Final Verdict
✔️ ₹188 Cr cash
✔️ Share price just ₹15
❌ ₹68 Cr annual loss
❌ ₹0 in operations
❌ -₹2,700+ Cr in reserves
“You’re not buying a business. You’re buying a balance sheet and a vague hope.”
If FY26 shows even ₹100 Cr topline, stock could double.
If not? It’s a slow-motion delisting candidate.
Tags: Yaari Digital FY25 results, YAARI share price ₹15, penny stock watchlist, EPS -6.79, loss-making digital companies India, BSE 533520, EduInvesting analysis
