Ndr Auto Components Limited has informed the Exchange regarding Board meeting held on May 09, 2025.
NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations rose to Rs 71,277.91 lakhs from Rs 60,157.01 lakhs (~18.5% growth), while standalone profit after tax grew ~37% to Rs 4,508.38 lakhs (EPS of Rs 18.95 vs Rs 13.87). Consolidated PAT grew ~38% to Rs 5,325.79 lakhs with EPS of Rs 22.39. The statutory auditor (S.S. Kothari Mehta & Co.) issued an unmodified opinion but included an Emphasis of Matter on Income Tax search-related demands of Rs 502.20 lakhs plus Rs 94.68 lakhs penalty, disclosed as contingent liability. The board recommended a final dividend of Rs 2.75 per share (27.5%) with record date July 3, 2025, and approved a 50:50 joint venture with Japan's Hayashi Telempu to manufacture auto interior components in India. S.R. Batliboi & Co. LLP was appointed as new statutory auditor for five years, replacing the outgoing auditor.
Strong earnings growth (~37% PAT) and a healthy dividend signal solid operational performance, while the new Hayashi JV opens a diversification avenue. However, the Income Tax demand disclosed as a contingent liability and the auditor's Emphasis of Matter on this matter warrant close monitoring. Change of statutory auditor and the tax-related overhang are minor near-term watchpoints.