Ndr Auto Components Limited has informed the Exchange about Agreements
NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NDR Auto Components' board approved FY25 audited results showing strong growth: standalone revenue rose about 18.5% to Rs. 712.78 crore and standalone profit after tax jumped roughly 36.7% to Rs. 45.08 crore, with EPS of Rs. 18.95 versus Rs. 13.87 last year. Consolidated PAT was higher at Rs. 53.26 crore with EPS of Rs. 22.39. The board recommended a dividend of Rs. 2.75 per share (27.5%) with record date July 3, 2025, and the 6th AGM is set for July 10, 2025. In a key strategic move, the board approved a 50:50 joint venture with Japan's Hayashi Telempu to manufacture auto components such as ambient lights, carpets, dash inners, rear shades and tonneau covers, with pre-incorporation spending of up to Rs. 1 crore approved. The company also appointed S.R. Batliboi & Co. LLP as new statutory auditors for five years and re-appointed three independent directors for a second five-year term.
Positive for shareholders: strong earnings growth, a healthy dividend yield, and a marquee JV with a Japanese auto component partner that diversifies the product portfolio beyond seating systems. The auditor change and ongoing tax demand (Rs. 502.20 lakh disputed) are routine disclosures but worth tracking.