AksharChem India Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, recommended Final Dividend of Rs. 0.75 (7.5%) per equity share.
AKSHARCHEM · price
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AksharChem India reported FY25 revenue from operations of Rs. 346.27 crore, up about 14.6% from Rs. 302.05 crore in FY24. The company swung back to a net profit of Rs. 4.77 crore versus a loss of Rs. 18.68 crore in FY24, with EPS at Rs. 5.94 compared to Rs. (23.25) previously. Operating cash flow turned strongly positive at Rs. 34.82 crore (vs negative Rs. 6.55 crore last year). The Board recommended a final dividend of Rs. 0.75 per equity share (7.5%) for FY25, subject to shareholder approval at the upcoming AGM. The Board also approved adoption of a new Memorandum of Association aligned with the Companies Act 2013, adding renewable energy generation as a permissible business activity.
This is a positive turnaround for shareholders — the company is back in the black, has resumed dividends, and generated healthy operating cash flow. The clean (unmodified) audit opinion and absence of fresh exceptional items signal improved operational stability, though the renewable energy addition via MOA hints at future diversification.