Dam Capital Advisors Limited has informed the Exchange regarding 'Updation of details of authorised Key Managerial Personnel for determining materiality of event or information'.
DAMCAPITAL · price
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Awaiting price reaction for this filing.
DAM Capital Advisors (a recently listed investment bank and stock broking firm, IPO Dec 2024) reported its first full-year results as a listed company. Consolidated revenue from operations for FY25 rose to Rs. 248.35 crores (up 38% from Rs. 180.04 cr in FY24), while net profit jumped 47% to Rs. 103.78 crores (vs Rs. 70.53 cr). EPS for FY25 stood at Rs. 14.68 (vs Rs. 9.98). The Board recommended a final dividend of Re. 1 per share (on face value of Rs. 2), subject to shareholder approval. The Board also reappointed KKC & Associates LLP as statutory auditors for a second 5-year term, appointed Aashish K. Bhatt & Associates as secretarial auditors for 5 years (FY26–FY30), and named PwC as internal auditor for FY26. Additionally, the company updated its list of authorized Key Managerial Personnel and shifted its corporate office from One BKC to Altimus, Worli, Mumbai. The 32nd AGM is scheduled for June 27, 2025.
Strong YoY earnings growth and a maiden final dividend since listing should be viewed positively by shareholders. Reappointments of reputed audit firms and the new corporate office signal corporate maturation, though the headline item (KMP update) is purely administrative with no price impact.