Asian Fertilizers Limited has submitted BSE The 40th Annual Report of 2024-25
Awaiting price reaction for this filing.
Asian Fertilizers Ltd submitted its 40th Annual Report for the financial year ended March 31, 2025. Revenue from operations rose 25% year-on-year to Rs. 6,536.39 lakhs (vs Rs. 5,223.88 lakhs in FY24), while net profit surged 419% to Rs. 24.31 lakhs (vs Rs. 4.68 lakhs). The company, based in Gorakhpur, manufactures Single Super Phosphate (SSP) under the 'Pashupati' brand and sulphuric acid, but achieved only about 33% of its installed SSP capacity during the year. The Board decided not to recommend any dividend, opting to retain profits in reserves. Key changes include the appointment of Mr. Shobhit Matanhelia as CFO from August 14, 2024, replacing Mr. Shashi Srivastava. The Secretarial Audit flagged several compliance lapses, including pending dematerialisation of promoter shares, unpaid listing fees due to a billing dispute with BSE, and delayed disclosures regarding the CFO change.
The strong top-line growth and near-fivefold jump in net profit suggest improving operational performance, though low capacity utilisation in SSP remains a concern. No dividend means income-seeking investors get no payout this year, and the multiple compliance flags (late filings, unresolved listing fee, pending demat) point to weaker governance discipline that could be a risk to watch.