Notice of 54th AGM and Annual Report of the company for FY 2024-25
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Kinetic Engineering has filed the notice for its 54th Annual General Meeting along with the Annual Report for FY 2024-25. The 54th AGM will be held with e-voting via CDSL platform from September 27-29, 2025 (cut-off date: September 23, 2025). For FY25, the company reported revenue of ₹15,454 Lakh (up 1.53% YoY), EBITDA of ₹1,782 Lakh (up 4.48%), and net profit of ₹623 Lakh (up 21%), with EPS rising to ₹2.89 from ₹2.35. Debt-to-equity improved sharply to 0.19x from 0.37x. The company also highlighted the July 2025 launch of the all-electric Kinetic DX scooter through its 76.9%-owned subsidiary Kinetic Watts & Volts, priced at ₹1.11-1.17 Lakh, with bookings capped at 35,000 units for the first phase. Promoters have infused ₹177 Crore via convertible warrants, and market cap nearly doubled from ₹41,508 Lakh to ₹77,818 Lakh over 4.5 months.
This is a routine AGM notice with strong FY25 financial results showing improved profitability and a significantly strengthened balance sheet. The post-period highlight is the re-entry into the two-wheeler EV market through the Kinetic DX launch, which represents a transformative strategic move that could materially expand the company's revenue base from FY26 onwards.