Announced Sat, 26 Apr · 16:46 IST

Associated Alcohols & Breweries Ltd. has informed the Exchange that Board of Directors at its meeting held on April 26, 2025, recommended Final Dividend of 2 per equity share.

Corporate Actions View source PDF

ASALCBR · price

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Awaiting price reaction for this filing.

AI summary

The Board of Directors of Associated Alcohols & Breweries Ltd. met on April 26, 2025, and approved audited standalone and consolidated financial results for Q4 and FY ending March 31, 2025. It also recommended a final dividend of Rs. 2 per equity share (20% on face value of Rs. 10), totaling about Rs. 361.58 lakhs, subject to shareholder approval at the upcoming AGM. FY25 revenue from operations rose to Rs. 1,096.58 crore (from Rs. 764.52 crore in FY24), while net profit grew to Rs. 81.46 crore (from Rs. 50.62 crore), with basic EPS of Rs. 45.06 vs Rs. 28.00. The Board also recommended re-appointment of Ms. Apurva Pradeep Joshi as Independent Director for a second five-year term.

Likely market impact

The Rs. 2 dividend represents a doubling compared to the Rs. 1 paid last year, signaling improved profitability and shareholder returns. Strong revenue and profit growth in FY25, driven by the new Ethanol division, is likely to be viewed positively by investors, though the actual dividend yield depends on the current market price.