Outcome of the Board Meeting held on 16-05-2025
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The Board of Kahan Packaging Ltd approved the standalone audited financial results for the half-year and full year ended March 31, 2025 at its meeting on May 16, 2025. Total revenue rose to Rs 2,852.38 lakhs from Rs 2,475.84 lakhs in FY24, a growth of about 15%. Profit after tax increased to Rs 112.10 lakhs (from Rs 100.22 lakhs), while EPS declined to Rs 4.12 from Rs 4.59. Operating cash flow improved sharply to Rs 136.63 lakhs (from a negative Rs 91.44 lakhs). No dividend was declared, Executive Director Jainam Prashant Dholakia resigned citing personal reasons, and the selection of a new statutory auditor for a 5-year term was postponed. The statutory auditor issued an un-modified (clean) opinion on the results.
Modest top-line and bottom-line growth and a strong turnaround in operating cash flow are positive, but the EPS dip, no dividend, sudden executive director exit, and pending auditor appointment create near-term uncertainty for shareholders.