Emkay Global Financial Services Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.
EMKAY · price
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The board approved audited standalone and consolidated financial results for Q4 and FY25 ended March 31, 2025, with the auditors issuing an unmodified (clean) opinion. On a standalone basis, total revenue from operations rose to Rs. 315.35 crores (from Rs. 253.25 crores in FY24, up about 24.5%), and profit after tax jumped to Rs. 58.91 crores (from Rs. 24.47 crores, roughly 2.4x growth). Consolidated revenue grew about 18% to Rs. 336.17 crores with PAT of Rs. 56.83 crores. The board recommended a total dividend of Rs. 4 per share, including a Rs. 2.50 special dividend. The company allotted Rs. 46 crores of unsecured listed NCDs on private placement basis (ICRA BBB+ Positive). Two Managing Directors — Krishna Kumar Karwa and Prakash Kacholia — were reappointed for three years, a new secretarial auditor (Parikh & Associates) was appointed, and an amendment to the Articles of Association was cleared for shareholder approval.
Strong earnings growth, a special dividend, and clean audit opinion are positives for shareholders. However, operating cash flow remained negative at Rs. (19.5) crores due to large working capital movements, so profitability quality warrants a closer look. NCD issuance and MD continuity support business stability but add incremental leverage (debt-equity at 0.28x).