Recommendation of Final Dividend by the Board of Directors for the FY-2024-25. Enclosure Attached.
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The Board of JMJ Fintech Ltd (BSE: 538834), an NBFC based in Coimbatore, met on 12th August 2025 and approved several items. Key highlights: a final dividend of Rs 0.25 (25 paise) per equity share on the face value of Rs 10, subject to shareholder approval at the AGM on 25th September 2025. The record date is yet to be announced. Q1 FY26 (quarter ended 30 June 2025) total income rose to Rs 507.73 lakhs from Rs 369.20 lakhs in Q1 FY25, but profit after tax fell to Rs 114.43 lakhs from Rs 182.26 lakhs. EPS for Q1 FY26 stood at Rs 0.89 vs Rs 1.47 a year ago. For full year FY25, total income was Rs 1,714.72 lakhs and PAT was Rs 516.91 lakhs (EPS Rs 4.04). The Board also approved purchase of land for business purposes and re-appointment of Mr. Velayudhanpillai Harikumar as Independent Director.
The small dividend (Rs 0.25 on Rs 10 face value, i.e., 2.5%) signals modest shareholder returns, while the sharp drop in Q1 profits despite higher revenue may concern investors. The land purchase indicates an expansion plan, and the AGM on 25 September 2025 is the next key event.