Notice of 41st Annual General Meeting and Annual Report of the Company for the Financial Year 2024-25.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
East Buildtech Limited has circulated the notice of its 41st AGM, scheduled for September 30, 2025 at 1:00 p.m. via video conferencing, along with the Annual Report for FY 2024-25. The company reported a sharp jump in total revenue to Rs. 104.31 Lakhs in FY25 from Rs. 35.09 Lakhs in FY24, nearly tripling year-on-year. Profit after tax surged to Rs. 33.89 Lakhs (vs Rs. 0.24 Lakhs), and EPS improved to Rs. 1.78 from Rs. 0.01. No dividend was recommended, and reserves stood at Rs. 483.94 Lakhs. The company took an unsecured loan of Rs. 26 Lakhs from Kesri Investments (NBFC) at 10.50% interest and repaid Rs. 80 Lakhs during the year. Statutory and secretarial auditors reported clean reports with no qualifications. The Board met 6 times, and there were three Company Secretary/CFO changes during the year.
Strong operational turnaround with nearly 3x revenue growth and a swing to meaningful profitability is positive for shareholders. However, absence of dividend, very small scale of operations (under Rs. 1.25 crore revenue), no permanent employees on rolls, and frequent CS/CFO changes may concern investors looking for stability. The stock may see mild positive sentiment around the AGM, but overall scale remains tiny.