Outcome of the meeting of Board of Directors of the Company held on Saturday, May 3, 2025
CEINSYS · price
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Ceinsys Tech Ltd reported strong audited results for FY25 with standalone revenue from operations rising about 71% to Rs. 39,973 lakhs (vs Rs. 23,347 lakhs in FY24) and profit after tax more than doubling to Rs. 8,138 lakhs (vs Rs. 3,595 lakhs). On a consolidated basis, revenue grew roughly 65% to Rs. 41,806 lakhs and PAT rose about 81% to Rs. 6,324 lakhs, driven by sharp growth in the Technology Solutions segment (revenue jumped from Rs. 6,025 lakhs to Rs. 21,328 lakhs). The Board recommended a final dividend of Rs. 3.50 per share (35%) subject to shareholder approval. The Board also approved the appointment of Mr. Phaneesh Murthy as an Independent Director and Mr. Surej Kunthithayyil Poyil as Executive Director, appointed PwC as Internal Auditor for FY26, and identified Allygram Systems as a material subsidiary. Comparatives have been restated following the NCLT-approved merger of Allygrow Technologies with the company.
Strong double-digit revenue and profit growth, margin expansion, and a healthy dividend should be viewed positively by shareholders. The equity raise (Rs. 6,169 lakhs from preferential shares plus warrants of Rs. 17,337 lakhs) has strengthened the balance sheet but could mean dilution once warrants are converted, so investors should keep an eye on share count expansion.