Apcotex Industries Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
APCOTEXIND · price
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Apcotex Industries announced audited results for Q4 and FY25 along with other board approvals. Revenue from operations for FY25 rose to Rs. 1,39,235.60 lakhs from Rs. 1,12,455.01 lakhs in FY24, a growth of about 24%. However, net profit was nearly flat at Rs. 5,406.46 lakhs vs Rs. 5,387.87 lakhs due to higher depreciation and finance costs. EPS stood at Rs. 10.43 vs Rs. 10.39. The board recommended a final dividend of Rs. 4.50 per share (on Rs. 2 face value). The company also approved amendments to the Memorandum of Association and adoption of a new Articles of Association to align with the Companies Act 2013, with no change in main objects. Auditor Manubhai & Shah LLP issued an unmodified (clean) opinion on the results.
Strong topline growth of around 24% is a positive signal, but the mismatch between revenue expansion and stagnant profit suggests margin pressure from higher costs. The Rs. 4.50 dividend offers reasonable income for shareholders, while the MOA/AOA amendment is a routine compliance matter with no business impact.