In the Board meeting held today, the audited financials were adopted and declaration at the rate of Rs.13/- per share (of Rs.10/- each) was recommended.
BIMETAL · price
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The Board of Bimetal Bearings Limited approved audited standalone and consolidated financial results for the year ended March 31, 2025. Standalone revenue from operations rose to Rs. 23,907.82 lakh from Rs. 23,369.91 lakh, while standalone profit after tax increased to Rs. 1,039.50 lakh (FY24: Rs. 844.27 lakh), translating to EPS of Rs. 27.19 (FY24: Rs. 20.97). Consolidated PAT stood at Rs. 1,125.35 lakh with EPS of Rs. 29.42. The Board recommended a final dividend of Rs. 13 per share (130% on face value of Rs. 10), subject to shareholder approval. Statutory auditors Fraser & Ross issued an unmodified (clean) opinion on both standalone and consolidated results. The company also reappointed Cost, Internal and Secretarial Auditors. There are no defaults on loans or debt securities.
Strong FY25 performance with healthy profit growth and a robust 130% dividend signals solid shareholder returns. Clean audit opinion and positive operating cash flow (Rs. 1,229.95 lakh standalone) reinforce financial stability, which is generally positive for the stock.