Appointment of Secretarial Auditors for the FY 2025-26
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Ameenji Rubber Limited's Board meeting on May 30, 2026 approved the appointment of M/s Surya Bhargav & Associates as Secretarial Auditor for FY 2025-26. The company also reported audited financial results for FY2025-26 with revenue from operations growing 31% to ₹12,325 lakhs from ₹9,405 lakhs in the previous year. However, Profit After Tax declined 17.5% to ₹633.93 lakhs from ₹768.39 lakhs, with EPS dropping to ₹5.62 from ₹9.28 (diluted). The decline in profitability is attributed to lower export sales which typically carry higher margins. Auditors issued unmodified opinions on both standalone and consolidated results. IPO proceeds of ₹3,000 lakhs were utilized as planned with no deviations, though ₹500 lakhs remains unutilized.
Strong revenue growth of 31% demonstrates business expansion, but the 17.5% decline in PAT and EPS compression due to increased share count post-IPO may concern investors. The shift from higher-margin exports to domestic sales impacted profitability despite top-line growth.