Appointment of Chief Financial Officer
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.6 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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National Plastic Technologies announced multiple decisions at its May 27, 2025 board meeting. For FY25, revenue from operations rose 15.4% to Rs. 31,064.39 lakhs (vs Rs. 26,921.70 lakhs in FY24), while net profit grew 7.3% to Rs. 902.72 lakhs, translating to EPS of Rs. 14.85 (vs Rs. 13.85). The Board recommended a final dividend of Rs. 1.50 per equity share (15% on face value), subject to shareholder approval. Current CFO Mr. Manikandan R will retire on superannuation effective June 30, 2025, and will be replaced by Mr. Sai Krishna Alluri, a Chartered Accountant and existing company employee, effective July 1, 2025. M/s. SMAYA & Associates was appointed as internal auditor for FY26. Statutory auditors C.A. Patel & Associates issued an unmodified opinion on the results.
Orderly internal CFO succession signals smooth governance continuity. Strong 15% revenue growth is positive, but the gap between revenue and profit growth (7%) suggests margin pressure from rising material and finance costs. The Rs. 1.50 final dividend offers a modest yield for shareholders.