Outcome of the Board meeting held on May 8, 2025
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The Board of Automobile Corporation of Goa (ACGL) met on May 8, 2025 and approved audited financial results for Q4 and full year ended March 31, 2025, with BSR & Co. LLP issuing an unmodified (clean) audit opinion. For FY25, total revenue from operations rose to Rs 66,076.74 lakhs (vs Rs 58,434.15 lakhs in FY24, up ~13%), while profit for the year grew to Rs 4,660.42 lakhs (vs Rs 3,836.92 lakhs, up ~21.5%). Basic EPS stood at Rs 76.54 (vs Rs 63.02). The Board recommended a final dividend of Rs 20 per share (200% on face value of Rs 10) for FY25, subject to shareholder approval. The 45th AGM is scheduled for July 2, 2025 via video conferencing.
Shareholders stand to receive a strong total dividend of Rs 25 per share for FY25 (Rs 5 interim already paid + Rs 20 final proposed), backed by healthy profit growth and an improving operating margin. The clean audit report and growth in both revenue and profit are positive signals for the stock, though the company remains heavily dependent on Tata Motors (which contributed ~89% of FY25 revenue).