Alembic Limited has informed the Exchange regarding Change in Auditors of the company.
ALEMBICLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Alembic Limited's board, at its meeting on May 13, 2025, approved the audited financial results for Q4 and FY ended March 31, 2025. On a consolidated basis, revenue from operations rose to Rs 22,189 lakhs (vs Rs 15,749 lakhs in FY24), and net profit (including share of associate) jumped to Rs 31,068 lakhs from Rs 26,862 lakhs. Standalone net profit was Rs 14,195 lakhs (vs Rs 9,289 lakhs), with EPS of Rs 5.53. The Real Estate segment continues to be the major earnings driver, while the API business remained stable. Statutory auditor CNK & Associates LLP issued an unmodified opinion, with an emphasis-of-matter note on a pending electricity duty dispute (Rs 2,052 lakhs provisioned, Rs 3,500 lakhs deposited with the Supreme Court). The board recommended a dividend of Rs 2.40 per share (120%), unchanged from last year. It also appointed M/s. Samdani Shah & Kabra as Secretarial Auditors for a five-year term (FY 2025-26 to FY 2029-30).
Strong FY25 performance with double-digit growth in revenue and profits, supported mainly by the Real Estate segment, is positive for shareholders. The unchanged dividend signals consistent returns, and the clean audit opinion (no qualifications) reinforces governance comfort. The headline's reference to 'change in auditors' is a routine appointment of a new Secretarial Auditor, not a statutory auditor exit, so no governance red flag.