Appointment of Mr. C Mruthyunjaya Swamy as Chairman and Executive Director, Appointment of Mrs. Hema H M as Executive Director, Appointment of Mr. Gowdar Thimmappa Suresh as Independent Director.
DENTA · price
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Denta Water and Infra Solutions held its board meeting on May 28, 2025, and submitted the audited consolidated and standalone financial results for FY25, along with multiple board changes. Promoter Mr. C Mruthyunjaya Swamy was appointed as Additional Executive Director and Chairperson, while his spouse and co-promoter Mrs. Hema H M was also appointed as Additional Executive Director. Mr. Gowdar Thimmappa Suresh was appointed as Independent Director for a 5-year term. Non-Executive Director Ms. Nista U Shetty resigned on personal grounds. The company also appointed a new secretarial auditor (R N Bhat & Associates for 5 years) and re-appointed its internal and cost auditors for FY26. For FY25, consolidated revenue from operations stood at Rs. 2,032.85 million (down from Rs. 2,385.98 million in FY24), with profit after tax at Rs. 528.85 million (vs Rs. 604.68 million), translating to an EPS of Rs. 25.83.
The board is now promoter-led with two family members as Executive Directors and one of them as Chairman, which raises governance concentration concerns for minority shareholders, though offset by the addition of a new Independent Director. FY25 results show a decline in both revenue (~15%) and profit (~13%) versus the previous year, which may draw investor attention, but a strong order book of Rs. 6,143.79 million in ongoing projects and Rs. 1,345.5 million in upcoming projects supports revenue visibility going forward.