Outcome of the meeting of Board of Directors of the Company held on Saturday, May 3, 2025.
CEINSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations jumped to Rs. 39,973 Lakhs (FY24: Rs. 23,347 Lakhs), with profit for the year more than doubling to Rs. 8,138 Lakhs (FY24: Rs. 3,595 Lakhs), translating to a basic EPS of Rs. 48.09. Consolidated revenue grew to Rs. 41,806 Lakhs with a net profit of Rs. 6,324 Lakhs and EPS of Rs. 37.37. The Board recommended a final dividend of Rs. 3.50 per share (35% on face value of Rs. 10), subject to shareholder approval. Key appointments include PricewaterhouseCoopers Services LLP as internal auditor for FY26, Mr. Phaneesh Murthy as Non-Executive Independent Director for 5 years, and Mr. Surej Kunthithayyil Poyil as Executive Director (also CEO of US subsidiary). The Board noted cancellation of 10,66,970 unvested ESOP options and identified Allygram Systems as a material subsidiary.
Strong FY25 performance with revenue up ~71% and profits up ~126% on a standalone basis, coupled with a 35% dividend, is positive for shareholders. The preferential share allotment at Rs. 559.90 has strengthened the balance sheet, while new high-profile director appointments (Phaneesh Murthy) may boost investor confidence. The Technology Solutions segment revenue grew over 3.5x year-on-year, signalling a successful business pivot.