BSE3B Films LtdMediumNeutral
Announced Thu, 4 Sept · 20:02 IST

3B Films Limited has informed the stock exchange regarding the appointment of Mr. Mithil Ashokkumar Babariya (DIN: 11271922) as an additional director (whole-time director)of the company.

Promoter Family Board EntryManagement Changes View source PDF

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AI summary

3B Films' board appointed Mr. Mithil Ashokkumar Babariya (DIN: 11271922) as an Additional and Whole-Time Director for a 5-year term starting September 4, 2025, subject to shareholder approval. Mithil is the son of Chairman & Managing Director Ashokbhai Babariya, with an uncle and cousin already serving on the board, confirming this is a promoter family board entry. Mithil holds an MBA in family business management with about a year of experience in marketing and finance. The same board meeting also approved the FY25 audited standalone results, reporting revenue from operations of Rs 8,530.75 lakhs (up from Rs 7,574.89 lakhs in FY24) and a net profit of Rs 505.13 lakhs (marginally down from Rs 514.34 lakhs), with an EPS of Rs 2.38. The statutory auditor (A O Mittal & Associates) issued an unmodified opinion. K H Rao & Co. was appointed as Secretarial Auditor (5 years) and Tapanshi Finanziell Pvt Ltd as Internal Auditor for FY26.

Likely market impact

The appointment is a clear promoter family succession move into an executive director role, which shareholders should note for governance reasons, though it does not change control. FY25 results show decent revenue growth of about 12.6% but a slight dip in profit, suggesting margin pressure; overall business remains profitable with a clean audit report.