outcome of BM 22.05.2025
INVPRECQ · price
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The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the statutory auditor issuing an unmodified (clean) opinion. Standalone revenue from operations declined to Rs. 16,254.83 lacs from Rs. 16,763.02 lacs in FY24, while profit after tax fell to Rs. 605.72 lacs from Rs. 779.07 lacs. The Board recommended a 5% dividend (Rs. 0.50 per share) on post-bonus equity and announced a 1:1 bonus share issue (50 lakh bonus shares), to be funded from Securities Premium and Free Reserves, doubling the paid-up capital to Rs. 10 crore. Mr. Akshay Shah was appointed as an Additional Independent Director. An EOGM is scheduled for June 13, 2025 to approve the bonus issue.
The 1:1 bonus issue is a positive for shareholder liquidity and confidence, but the underlying earnings show a decline in both revenue (~3%) and profits (~22%), suggesting margin pressure. The clean audit opinion and operating cash flow improvement (Rs. 1,899.95 lacs vs Rs. 581.47 lacs) provide some comfort, though the dividend and bonus suggest confidence in long-term prospects despite the soft year.