Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Delton Cables Ltd reported strong FY25 results with revenue from operations rising to Rs. 70,926 lakhs from Rs. 40,086 lakhs in FY24, a growth of about 77%. Net profit grew roughly 40% to Rs. 2,051 lakhs (vs Rs. 1,466 lakhs), and EPS rose to Rs. 23.74 from Rs. 16.96. The Board has recommended a final dividend of Rs. 2 per share (20%), subject to shareholder approval. Key changes include re-appointment of Chairman Mr. Vijender Kumar Gupta, MD & CEO Mr. Vivek Gupta, and Independent Director Mr. Atul Aggarwal, each for five years. CFO Mrs. Sangeeta Tondon resigned for personal reasons, and Mr. Rameshwar Jaiswal was appointed as the new CFO from May 31, 2025. The Board also sought shareholder approval to raise borrowing limits and asset disposal limits to Rs. 500 crores each. The auditor issued an unmodified opinion but flagged an Emphasis of Matter regarding an unsatisfied charge of Rs. 30 lakhs pending ROC registration. Operating cash flow remained negative at Rs. (1,402) lakhs, though improved from Rs. (2,726) lakhs in FY24.
Strong top-line and profit growth, along with a 20% dividend, are positive for shareholders. However, negative operating cash flow, rising working capital (inventories and receivables both up sharply), and a request to expand borrowing powers to Rs. 500 crores suggest increasing leverage and liquidity pressure that investors should monitor.