This is to inform you that Board of Directors of the Company in their meeting held today i.e., Monday, 26th May, 2025, inter alia, have considered, recommended and approved the following: ....
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Metal Coatings (India) Ltd's board, meeting on 26 May 2025, approved audited financial results for Q4 and FY ended 31 March 2025 along with a final dividend of Rs. 1 per share (10% on face value of Rs. 10) subject to shareholder approval. Revenue from operations for FY25 stood at Rs. 16,025.02 lakhs, down from Rs. 16,841.44 lakhs in FY24 (a decline of about 4.85%). Net profit for FY25 came in at Rs. 236.96 lakhs vs Rs. 249.83 lakhs last year. For the standalone Q4, the company posted revenue of Rs. 4,078.33 lakhs and net profit of Rs. 133.06 lakhs, a healthy jump from Rs. 94.86 lakhs in Q4 FY24. Statutory auditors M/s Mehra Goel & Co. issued an unmodified (clean) opinion on the results. Operating cash flow remained strong at Rs. 569.06 lakhs versus Rs. 277.46 lakhs a year ago, supported by lower raw material costs.
Despite a modest top-line decline, the company managed to improve operating margins through better raw material cost management and delivered a healthy dividend payout, which is positive for shareholders. However, investors should note the sharp spike in finance costs (from Rs. 0.93 lakhs to Rs. 237.41 lakhs) due to overdraft borrowings, which dragged down net profit. The clean audit report and improved cash generation are supportive signals, but revenue growth remains a concern.