Annual Report 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.
H.M. Electro Mech Limited has submitted its 7th Annual Report for FY 2024-25 along with the notice for its 7th AGM, scheduled for Friday, 26th September 2025 at 12:00 PM at the registered office in Ahmedabad. For FY 2024-25, the company reported total revenue of Rs. 12,205.25 lakhs (up from Rs. 11,729.98 lakhs) and profit after tax of Rs. 835.07 lakhs (up from Rs. 801.00 lakhs), marking growth of roughly 4% in both top line and bottom line. EPS stood at Rs. 7.88 and no dividend was declared, with profits retained as earnings. The AGM notice includes ordinary items like adoption of financial statements and re-appointment of two retiring directors, along with special business items covering regularization of a new independent director, redesignation of a director as Whole Time Director, and approvals for raising borrowing and investment limits up to Rs. 300 crore each. The company listed on BSE on 31st January 2025 following an IPO of 36.99 lakh shares at Rs. 75 per share, raising about Rs. 27.74 crore, of which Rs. 17.77 crore had been utilized by year-end.
Steady but modest growth in revenue and profit with no dividend may not excite income-seeking investors, but the IPO proceeds and proposed increase in borrowing and investment limits to Rs. 300 crore signal plans for business expansion in civil and mechanical works. Shareholders should review the AGM resolutions, especially the higher borrowing and investment thresholds and the appointment of a new secretarial auditor for a five-year term.