Outcome of Board Meeting dated 30.05.2025- Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015- Audited Standalone and Consolidated Financial ....
NEAGI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Neelamalai Agro Industries' board approved audited results for Q4 and FY ended March 31, 2025. Standalone revenue from operations fell to Rs.2,323.67 lakhs from Rs.2,534.43 lakhs last year, an ~8% decline. Standalone net profit dropped sharply to Rs.344.92 lakhs (from Rs.2,087.51 lakhs), largely because FY24 included a one-time exceptional gain of Rs.1,773.60 lakhs from sale of land; excluding that, underlying profit is more comparable. Q4 FY25 standalone posted a loss of Rs.88.73 lakhs at the PAT level. Consolidated results were stronger, with PAT of Rs.2,319.98 lakhs (vs Rs.3,902.90 lakhs) supported by share of profits from associates (AVT Natural Products) and joint venture (AVT McCormick Ingredients) of Rs.2,541.12 lakhs. The board recommended a dividend of Rs.30 per share (300%), lower than the Rs.50 per share (500%) paid last year, totaling Rs.186.62 lakhs. Operating cash flow remained negative at Rs.(388.30) lakhs for the second consecutive year.
Mixed signals for shareholders: lower dividend and weaker standalone numbers may weigh on sentiment, but consolidated earnings remain healthy thanks to associate/JV contributions and the company has no debt concerns. Investors should note the cash burn from operations and revenue softness in the core plantation business.