Ndr Auto Components Limited has informed the Exchange regarding Outcome of Board Meeting held on May 09, 2025.

The Board approved the audited standalone and consolidated financial results for FY25 along with a final dividend of Rs. 2.75 per share (27.50%) on the Rs. 10 face value, aggregating to about Rs. 654.10 lakhs; record date is July 3, 2025 and the 6th AGM is scheduled for July 10, 2025. Standalone FY25 revenue from operations rose about 18.5% YoY to Rs. 71,277.91 lakhs and standalone profit after tax grew about 36.7% YoY to Rs. 4,508.38 lakhs, giving an EPS of Rs. 18.95 (bonus-adjusted). Consolidated FY25 profit after tax grew about 37.6% YoY to Rs. 5,325.79 lakhs with an EPS of Rs. 22.39, and the balance sheet is debt-free with cash and equivalents of Rs. 5,080.06 lakhs. The Board approved a 50:50 joint venture with Japan's Hayashi Telempu to manufacture automotive interior components (ambient light, carpet, dash inner, rear shade, tonner cover) in India, with up to Rs. 1 crore of pre-incorporation expenses approved. Other key items include appointment of S.R. Batliboi & Co. LLP as statutory auditors for a 5-year term, re-appointment of three independent directors for a second 5-year term each, appointment of a new secretarial auditor, and an amendment to the NDR ESOP 2024. The auditor's report is unmodified, but it includes an emphasis-of-matter on an ongoing Income Tax matter, with demand orders of Rs. 502.20 lakhs (plus Rs. 94.68 lakhs penalty for one year) for AY 2020-21 to 2024-25, which the company is contesting.