The Board of directors at the meeting held today at 4.41p.m (start time) and concluded at 4.59 p.m (conclusion time), approved the following: 1) Audited Financial Statements for the year ....
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Hindustan Hardy Limited reported strong FY25 results with revenue from operations rising about 20% to Rs. 8,145.18 lakhs (from Rs. 6,783.92 lakhs in FY24). Net profit after tax grew nearly 30% to Rs. 660.08 lakhs (from Rs. 508.76 lakhs), translating to EPS of Rs. 43.98 vs Rs. 32.50. Q4 standalone revenue jumped to Rs. 2,510.20 lakhs (from Rs. 1,805.33 lakhs) with Q4 PAT more than doubling to Rs. 263.52 lakhs. The Board has recommended a 28% dividend of Rs. 2.80 per share, subject to shareholder approval. Auditors (Daga & Chaturmutha) issued an unmodified opinion. Key changes include Ms. Devaki Saran stepping down as CFO to become Chairperson and Managing Director, while Ms. Mallika Saran (her relative) has been appointed as CFO and Executive Director & CFO for 3 years.
Positive for shareholders — solid top-line growth, expanding margins, nearly 30% PAT growth, and a healthy 28% dividend signal strong operational performance. Watch for rising borrowings (nearly doubled to Rs. 765.58 lakhs) and a sharp drop in operating cash flow (Rs. 163.96 lakhs vs Rs. 639.07 lakhs) which may pressure liquidity. Related-party remuneration for the new promoter-family leadership will need shareholder approval.