Please find attached the Annual Report for the FY 2024-25.
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Hiliks Technologies Limited has submitted its 40th Annual Report for the financial year ended March 31, 2025, along with the notice for its 40th AGM scheduled for September 19, 2025 via video conferencing. As per the financial highlights disclosed in the explanatory statement, revenue from operations jumped sharply to Rs. 69.77 lakh (in '000) in FY25 from Rs. 9.93 lakh in FY24, reflecting roughly 7x year-on-year growth. Net profit after tax also surged to Rs. 46.34 lakh from Rs. 5.26 lakh in the previous year. The AGM notice includes several special business items: regularization of new directors (Mr. Varma, Ms. Tirokuvalluri, Mr. Alava), approval to raise borrowing powers up to Rs. 50 crore, authorization to sell/transfer company undertakings up to Rs. 50 crore, and an increase in authorized share capital from Rs. 12 crore to Rs. 20 crore.
Small-cap company (revenue under Rs. 7 crore) showing explosive top-line and bottom-line growth, though from a very low base. Shareholders should review the borrowing and capital expansion resolutions carefully as they significantly expand the company's financial flexibility. The AGM voting window runs from September 16-18, 2025.