Hindustan Composites Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2025, recommended Final Dividend of Rs. 2 per equity share.
HINDCOMPOS · price
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Hindustan Composites reported FY25 revenue from operations of Rs. 32,508 lakhs, up about 9.2% from Rs. 29,768 lakhs in FY24. Net profit for FY25 stood at Rs. 3,500 lakhs, marginally higher than Rs. 3,441 lakhs in the previous year, after taking a one-time exceptional charge of Rs. 1,275 lakhs towards settlement of a disputed claim from ex-workmen. Q4 FY25 net profit fell to Rs. 607 lakhs from Rs. 797 lakhs a year ago, hurt by the exceptional item, though quarterly revenue rose ~13.5% to Rs. 8,915 lakhs. The board recommended a final dividend of Rs. 2 per equity share (on face value of Rs. 5), translating to a 40% payout, subject to shareholder approval. The company also approved a Rs. 480 lakh capacity expansion for railway brake blocks/pads (adding 75,000 units/month) to be funded through internal resources. Auditors Lodha & Co LLP issued an unmodified opinion on both standalone and consolidated results.
Steady revenue growth and a 40% dividend are positives for shareholders, but the modest PAT growth and Q4 profit decline due to the one-time settlement charge may temper near-term excitement. The small debt-free capacity expansion signals cautious, internally-funded growth.