La Opala RG Limited has informed the Exchange regarding Notice of the 38th Annual General Meeting scheduled to be held on August 14, 2025.
LAOPALA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
La Opala RG Limited has filed the notice of its 38th AGM, scheduled for August 14, 2025 at 12:30 p.m. via video conferencing, along with the Annual Report for FY 2024-25. The company reported a tough year, with revenue from operations falling 10.64% to ₹320.46 crore and net profit dropping 24.38% to ₹87.37 crore compared to the previous year. EBITDA margin shrank by 409 basis points to 35.91%, and return on capital employed declined sharply by 1,019 basis points to 33.83%. Management blamed the slowdown on weak urban middle-class spending, increased price competition, operational downtime from furnace relining at the Sitarganj plant, and a one-time restructuring of the distribution network. The company suspended opalware operations at its Madhupur plant and offered a voluntary retirement scheme to workers. Despite the decline, the company remains debt-free with a net cash balance of ₹510.90 crore and a market capitalisation of ₹2,359.08 crore.
The results point to a challenging year for shareholders, with both revenue and profit in double-digit decline, but management is guiding for a recovery in FY26 as the distribution overhaul is now complete. Investors should keep an eye on AGM discussions and signs of revenue normalisation in upcoming quarters.