Board has recommended a final dividend of INR 1.50/- per share (i.e. 15% of the face value), subject to shareholders'' approval at the ensuing Annual General Meeting, for the financial ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Board approved audited financial results for the quarter and year ended March 31, 2025 and recommended a final dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10), subject to shareholder approval. The Board also appointed Shah Patel & Associates as Secretarial Auditors (5 years from FY26) and P.P. Mutha & Associates as Internal Auditors for FY26, while re-appointing Mrs. Vaidehi Dhoot (Non-executive Director) and Mr. Rohit Dhoot (Managing Director, 5-year term from April 1, 2026). Results show a sharp year-on-year decline – revenue from operations fell to Rs. 1,126 lakhs (from Rs. 3,258 lakhs), profit before tax dropped to Rs. 1,660 lakhs (from Rs. 17,518 lakhs) and operating cash flow turned negative at Rs. (1,524) lakhs. The statutory auditor gave an unmodified opinion but added an Emphasis of Matter noting that the company's NBFC registration application was returned by RBI, with advice to first settle existing credit facilities from other NBFCs and re-apply by July 31, 2025.
The Rs. 1.50 dividend is small and unlikely to move the stock, but the steep revenue/cash-flow slide and the auditor-flagged NBFC registration uncertainty are meaningful negatives. Shareholders should watch the July 2025 RBI re-application outcome, as it directly affects the company's future classification, funding access and operating model.