The Board of Directors has recommended a final Dividend of Rs.0.50 per equity share of face value of Rs.10/- each (5%) for the financial year ended 31st March, 2025.
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The Board of Flex Foods Ltd has recommended a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for the financial year ended 31st March 2025, subject to shareholder approval at the 35th AGM on 21st August 2025. The record date is 25th July 2025, with the register of members and share transfer books closed from 26th July to 1st August 2025. The Board also approved the audited financial results for Q4 and FY25, which carried an unmodified auditor's opinion. Notably, the company reported a widened net loss of Rs. 32.50 crore in FY25 compared to a Rs. 25.93 crore loss in FY24, even as revenue grew to Rs. 150.01 crore from Rs. 121.28 crore. Total equity shrank to Rs. 41.80 crore (from Rs. 75.25 crore), while total borrowings stood at roughly Rs. 279 crore. The Board also appointed M/s. Mahesh Gupta & Co. as Secretarial Auditors for a five-year term from FY26 to FY30.
The dividend payout is modest in absolute terms and is being declared despite continued and deepening losses, a sharply eroded equity base, and high borrowings — which may raise questions about cash conservation and the sustainability of payouts for shareholders.