🧨 At a glance:
Kavveri Defence & Wireless Technologies Ltd just posted a ₹5.45 Cr profit in FY25 — a massive glow-up from last year’s loss of ₹70 lakhs. But here’s the spicy part:
It took them 29 hours of board meeting to arrive at this revelation. We’re not sure if they were decoding financials or reprogramming ISRO satellites.
🏭 About the Company
| Detail | Info |
|---|---|
| Name | Kavveri Defence & Wireless Technologies Ltd |
| Former Name | Kavveri Telecom Products Ltd |
| Industry | Defence wireless, antenna systems, RF products |
| HQ | Bannerghatta Road, Bangalore |
| BSE Code | 590041 |
| NSE Symbol | KAVVERITEL |
| CMP (31 May 2025) | ₹9.55 |
Kavveri started as a telecom gear manufacturer and slowly pivoted to defence tech, possibly because nobody wanted their old walkie-talkie antennas anymore.
🧾 FY25 vs FY24: Financials That Deserved Popcorn
| 📊 Metric | FY25 | FY24 |
|---|---|---|
| Revenue from Ops | ₹14.76 Cr | ₹16.00 Cr |
| Total Income | ₹16.05 Cr | ₹16.55 Cr |
| Total Expenses | ₹10.61 Cr | ₹17.25 Cr |
| Net Profit | ₹5.45 Cr | Loss of ₹0.70 Cr |
| EPS (Diluted) | ₹1.31 | ₹(0.47) |
| Net Worth | ₹53.71 Cr | ₹54.85 Cr |
| Cash from Ops | ₹5.52 Cr | ₹(0.75) Cr |
| Total Assets | ₹100.01 Cr | ₹63.95 Cr |
Verdict:
They did less business, spent less money, and somehow ended up profitable.
Classic PSU logic: “Don’t work too hard, and maybe you’ll make money accidentally.”
🧮 The 29-Hour Boardroom Mystery: Explained?
Here’s a theory:
Maybe they were just stunned by the profit.
“We made money? Wait, check again. Maybe someone made a typo.”
But seriously — what kind of board meeting goes on for 29 hours unless you’re:
- Making a Netflix docuseries
- Fixing a massive accounting hole
- Or arguing over who gets the corner office after the new CS joins
🙋♀️ Exit Nandita Singh, Enter Ashwin H Kumar
Midway through the meeting, Company Secretary Nandita Singh resigned. Her official reason? “To explore better opportunities.”
Our guess?
She probably looked at the draft financials and said:
“No way I’m signing this without a lawyer.”
Replacing her is Ashwin H Kumar, a seasoned ICSI guy with 9 years of experience and nerves of steel — clearly, since he’s walking into a boardroom that runs longer than Lal Singh Chaddha.
💸 Balance Sheet Check: It’s Not All That Bad
- Total Assets up to ₹100 Cr from ₹63 Cr — 67% jump
- Liabilities also ballooned to ₹46 Cr — but that’s India, we grow debt like banyan trees 🌳
- Cash balance? ₹13.07 Cr. Yes, they have cash. Real money. Not “receivables.”
🧠 EduInvesting Take
Let’s call a spade a spade:
- This was a surprise profit — not because the business exploded, but because expenses were tightly controlled and other income came in clutch.
- The board meeting duration screams internal debate, audits, and cautious optimism.
- Kavveri’s pivot to defence telecom might finally be working, but we’re still not seeing massive orders or DRDO partnerships.
This isn’t a multibagger yet. But it sure as hell isn’t the zombie stock it used to be.
A profit of ₹5.45 Cr with ₹13 Cr in cash? Maybe Kavveri’s signal is finally connecting.
🎯 What to Watch Next
| Event | Timeline |
|---|---|
| CS Ashwin H Kumar takes charge | 2 June 2025 |
| Next earnings update | August 2025 (Q1 FY26) |
| Any order wins or DRDO news? | Waiting… |
🔥 Final Roasting Line:
For a company that makes wireless tech, it’s funny how long it takes for their boardroom to communicate basic numbers.
Still, they’ve gone from red ink to black — and that’s not nothing. If they keep this up, we may have to stop making fun of them soon. 😐
Author: Prashant Marathe
Date: 31 May 2025
Tags: Kavveri Defence FY25 Results, 29 Hour Board Meeting, Company Secretary Change, Ashwin H Kumar, Kavveri Telecom, Defence Stocks 2025, EduInvesting Roast
