Board approves Final Dividend subject to approval of Shareholders in upcomming AGM
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Awaiting price reaction for this filing.
Axis Solutions Ltd reported strong 20% revenue growth for FY 2025-26 with consolidated revenue of Rs. 24,067 Lacs (vs Rs. 20,032 Lacs in FY25). However, PAT declined ~14% to Rs. 2,884 Lacs on consolidated basis and ~17% to Rs. 2,906 Lacs on standalone basis despite EBITDA growth of 21% to Rs. 4,510 Lacs. The company received an unqualified audit opinion with no qualifications from statutory auditors. The Board recommended a final dividend of Rs. 0.60 per share (6%) subject to shareholder approval at the ensuing AGM. Key appointments include a new CFO (Ninad Vora) and reappointment of secretarial, internal, and cost auditors. Negative operating cash flow of Rs. 2,200 Lacs was reported for the year.
Revenue growth of 20% is positive but the 17% PAT decline on standalone basis despite EBITDA margin expansion raises concerns about tax and finance costs. The clean audit and dividend announcement are encouraging but investors should monitor the working capital stress and declining net profitability.