BSL Limited has informed the Exchange about General Updates
BSL · price
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Awaiting price reaction for this filing.
BSL Limited, a textile company based in Bhilwara, Rajasthan, has informed the exchanges that its 54th Annual General Meeting will be held on Thursday, 28th August 2025 via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Annual Report for FY 2024-25 has been uploaded on the company's website. Key financials show turnover of ₹667.06 Cr in FY25, marginally higher than ₹666.45 Cr in FY24, but profit after tax declined to ₹8.16 Cr from ₹11.23 Cr (down ~27%) due to higher raw material costs and global price pressure. Exports grew modestly to ₹385.56 Cr. The Board has recommended a dividend of 8% (₹0.80 per equity share of ₹10 face value), absorbing ₹82.33 Lakhs. The company is undertaking modernization (new Stenter machine, ETP upgrades) and a 2 MWp solar project worth ₹25 Cr, with 63% of fiber consumption from recycled materials.
The filing is primarily a routine AGM notice and annual report submission. However, the underlying financials show pressure on profitability despite stable revenue, which may concern investors. The 8% dividend signals continued shareholder returns, and ongoing modernization and green initiatives could support future margins. Credit ratings remain stable at IND BBB-/Stable.