Board recommend the final dividend of 50 paisa on face value of Rs.10 each to shareholder, to be considered in the Annual General Meeting
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The board of Axis Solutions Ltd has recommended a final dividend of Rs. 0.50 (50 paisa) per equity share on the face value of Rs. 10 for FY 2024-25, subject to shareholder approval at the upcoming AGM. The board also approved audited standalone and consolidated financial results for Q4 and FY ended 31 March 2025, with statutory auditors issuing an unmodified opinion. On a standalone basis, FY25 revenue rose to Rs. 20,020.74 lakhs from Rs. 13,636.09 lakhs in FY24, while net profit grew to Rs. 3,475.41 lakhs from Rs. 3,173.64 lakhs, translating to a basic EPS of Rs. 7.51. Additionally, the board appointed Secretarial, Internal, and Cost Auditors for FY 2025-26 and approved entering into an inventory and IP purchase agreement with a UK-based R&D entity. During the year, the company also issued 30 lakh equity shares to the public at Rs. 70 each to comply with minimum public shareholding norms, following the amalgamation of Axis Solutions Pvt Ltd with Asya Infosoft Ltd effective 1 April 2023.
The 50 paisa dividend is small (5% on face value) and unlikely to materially move the stock; the AGM date, record date, and payment date are yet to be announced. FY25 shows healthy revenue and profit growth, but a sharp rise in trade receivables and inventory is a watchpoint for cash flows.