Aarti Surfactants Limited has informed the Exchange regarding 'Withdrawal of Promoter Re-Classification Application for Mrs. Prasadi Yogesh Banatwala'.
AARTISURF · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aarti Surfactants reported FY25 revenue of Rs. 65,908.54 lakhs, up 11.7% from Rs. 58,985.74 lakhs last year, but standalone net profit fell 32.7% to Rs. 1,499 lakhs from Rs. 2,226.69 lakhs. Q4 FY25 was stronger, with revenue rising 27.4% to Rs. 20,205.41 lakhs and net profit jumping 76% to Rs. 983.64 lakhs. The FY25 numbers include a one-time exceptional gain of Rs. 420.25 lakhs (insurance proceeds from a 2022 fire), a Rs. 194 lakh insurance loss-of-profit receipt, and a Rs. 634 lakh state government incentive. The Board recommended a Rs. 1 (10%) final dividend, subject to shareholder approval. CARE Ratings upgraded the company's long-term bank facilities from BBB+ to A- (Stable) and preference shares from BBB to BBB+. The Board also accepted the withdrawal of the promoter re-classification application for Mrs. Prasadi Yogesh Banatwala, who wishes to remain classified as a promoter.
Mixed picture for shareholders: revenue growth and a strong Q4 are positives, but the full-year profit decline (despite the one-off items) and the modest 10% dividend may limit upside. The credit rating upgrade improves borrowing prospects and reduces future finance costs. No change in promoter structure since Mrs. Banatwala's re-classification was withdrawn.