Annual Report-2024-25
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National Plastic Technologies Ltd has filed its Annual Report for FY2024-25 along with the Notice of its 36th Annual General Meeting, scheduled for Thursday, 11 September 2025 at 10:30 AM in Chennai. The Board has recommended a final dividend of Rs.1.50 per equity share (15% on face value of Rs.10), with record date fixed as 4 September 2025. Financial highlights disclosed in the explanatory statement show Total Income grew over 15% to Rs.31,080.49 lakhs (vs Rs.26,930.70 lakhs last year), while EBITDA rose 10% to Rs.2,545.40 lakhs and Profit Before Tax grew 7% to Rs.1,252.75 lakhs. Key agenda items include adoption of financial statements, director changes — Smt. Manju Parakh retiring by rotation without re-appointment, re-appointment of Shri Venkatesan N as Executive Director for 3 years with stepped-up remuneration (Rs.50–60 lakhs p.a.), appointment of Shri Alok Parakh as Non-executive Director, and appointment of new Secretarial Auditors for 5 years.
Shareholders benefit from a steady 15% dividend and double-digit revenue growth, but profit growth is lagging revenue (7% PBT vs 15% income growth), indicating margin pressure. Director re-appointments ensure management continuity; the sharp rise in Executive Director remuneration (from Rs.36 lakhs to Rs.50–60 lakhs p.a.) is a notable governance point for shareholder approval.