The Board of Directors has recommended Final Dividend of Re.1/- for the Financial Year 2024-25, subject to approval of the Members at the ensuing 111th Annual General Meeting.
MAFATIND · price
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Mafatlal Industries' Board has recommended a Final Dividend of Re. 1 per equity share (face value Rs. 2), which works out to 50% of the face value, for the financial year ending March 31, 2025. The dividend is subject to shareholder approval at the 111th Annual General Meeting scheduled for August 4, 2025, with the record date fixed as July 25, 2025. For FY25, the company reported standalone revenue from operations of Rs. 2,807.23 crores (up from Rs. 2,078.41 crores in FY24) and a standalone profit after tax of Rs. 98.14 crores (vs Rs. 98.75 crores in FY24), with basic EPS of Rs. 13.66. The Board also approved the in-principle incorporation of a new subsidiary, appointed Smita Jhanwar as the new CFO effective June 1, 2025 (replacing Milan Shah), and reappointed various statutory, internal, secretarial, and tax auditors. Auditors Price Waterhouse Chartered Accountants LLP issued an unmodified opinion on the financial results.
The dividend announcement is modest in absolute terms and will only be paid to shareholders on record as of July 25, 2025, pending AGM approval. Profit was broadly flat year-on-year despite higher revenue, which may limit any meaningful positive reaction in the stock price.