Transcript of the 29th Annual General Meeting held on 30th September 2025
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Chemtech Industrial Valves held its 29th AGM on September 30, 2025. Chairman Harsh Badkur called FY2024-25 the best year in company history, with total revenues up 34.35%, profit before tax surging 121.58%, and profit after tax rising 69.16%. The company added marquee customers Larsen & Toubro and ArcelorMittal Nippon Steel (AMNS India) in FY25, and has transacted over Rs 35 crores of business with Tata Steel over the past three years. Management showcased patented products like Line Blind Valves and Jansen Type Dashpot Check Valves as key growth drivers. The chairman framed India's 5-7 year industrial capex cycle across steel, cement, power, and data centers as a major opportunity, noting valves typically account for 1-1.5% of project cost. Shareholders were asked to approve seven resolutions including reappointment of a director, appointment of auditors, and revision in remuneration for the CMD, Whole-Time Director, and CFO.
The strong FY25 results and new customer wins are positive signals of business momentum, while the capex tailwind narrative supports a constructive growth story. However, management did not disclose specific order book numbers or forward margin guidance, so investors should track actual order conversions and margin trends to validate the bullish outlook.