The Board of Directors of the Company recomended a dividend of Rs.18/- (180%) per equity share of Rs. 10/- each on 4413300 equity shares of the Company, for the Financial year 2024-25, ....
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The Board approved standalone audited financial results for Q4 and FY ended 31 March 2025 along with a dividend of Rs. 18 per share (180%) on 44.13 lakh equity shares for FY 2024-25, subject to shareholder approval. Revenue from operations rose to Rs. 151.69 crore (from Rs. 141.97 crore, up ~6.8%), while profit after tax grew to Rs. 32.06 crore (from Rs. 25.98 crore, up ~23.4%), lifting EPS to Rs. 72.65 (from Rs. 58.86). Cash flow from operations more than tripled to Rs. 27.91 crore from Rs. 8.12 crore. The auditor (D.R. Mehta & Associates) issued an unmodified opinion. The Board also re-appointed Ashish U. Bhuta as Chairman & Managing Director for five years from 1 April 2026, and fixed the 40th AGM for 18 July 2025 via video conferencing.
Positive for shareholders: a higher 180% dividend payout combined with healthy profit growth and strong operating cash generation signals financial stability. Capital work in progress jumped sharply (from Rs. 1.24 crore to Rs. 40.28 crore), indicating major ongoing capacity expansion that could support future growth.