Sunshine Capital Faces Severe Decline Amidst Dismal Financial Performance and Investor Withdrawal

Sunshine Capital, a microcap player in the Non-Banking Financial Company (NBFC) sector, has experienced significant volatility today, hitting a new 52-week low of Rs. 0.38. This decline marks a notable underperformance, with the stock trailing its sector by 2.54%. Over the past three days, Sunshine Capital has seen a consecutive fall, accumulating a total decline of 11.63%.
The company's financial metrics reveal troubling trends. For the nine months ending March 2025, net sales plummeted by 91.83% to Rs. 6.06 crore, while the profit after tax (PAT) for the quarter fell dramatically by 429.7%, resulting in a loss of Rs. 5.91 crore. Additionally, the stock is trading below all key moving averages, indicating a bearish technical outlook.

Institutional investor participation has also waned, with a 72.46% reduction in stakes over the last quarter, leaving them with only 0.53% ownership. Despite a long-term growth rate of 23.67% in net sales, the stock's performance over the past year has been dismal, with a staggering decline of 87.30%. As the market grapples with these developments, Sunshine Capital's position remains precarious amidst broader market fluctuations.