Bombay Dyeing & Mfg Company Limited has informed the Exchange about appointment of Secretarial Auditor of the Company.
BOMDYEING · price
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The Board of Directors approved the audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2025, with statutory auditor Bansi S. Mehta & Co. issuing an unmodified opinion. However, the auditor's report includes an Emphasis of Matter regarding a SEBI order dated October 21, 2022 that imposed a ₹2.25 crore penalty and a two-year market access ban; the company has appealed to SAT, which has stayed the order, and the matter is pending. Standalone revenue from operations fell to ₹1,605.43 crore (vs ₹1,688.48 crore in FY24), a decline of about 4.9%, while profit after tax dropped sharply to ₹489.83 crore (vs ₹2,948.42 crore), primarily because exceptional items shrank to ₹552.56 crore (from ₹3,945.87 crore in FY24). The Board recommended a final dividend of ₹1.20 per share (60%) for FY25, subject to shareholder approval, and appointed M/s Parikh & Associates as Secretarial Auditor for five years from FY2025-26 to FY2029-30. The 145th AGM is scheduled for August 13, 2025 via video conference.
The unmodified audit opinion is positive for credibility, but the pending SEBI matter remains a key overhang that shareholders should monitor. Lower exceptional gains and a decline in real estate segment results (loss of ₹36.31 crore vs profit of ₹47.15 crore last year) reduced headline profitability, though the proposed dividend provides some cash return to shareholders.