Intimation for 9th annual Report of the Company
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Nirmitee Robotics India has submitted its Annual Report for FY 2024-25 and called its 9th AGM for September 30, 2025. Revenue from Operations and Other Income rose sharply to ₹897.53 lakhs from ₹501.76 lakhs in the previous year (standalone), a jump of roughly 79%. Standalone net profit grew to ₹60.22 lakhs from ₹49.28 lakhs. On a consolidated basis, the company swung from a loss of ₹96.92 lakhs in FY24 to a profit of ₹60.22 lakhs in FY25. Shareholders will also vote on the re-appointment of Whole-Time Director Jay Prakash Motghare for five years (remuneration raised from ₹3 lakhs to ₹12 lakhs p.a.), re-appointment of Woman Director Shweta Motghare by rotation, and commission of up to ₹24 lakhs p.a. for three years to Non-Executive Director Rajesh Admane. The Dubai-based wholly-owned subsidiary was voluntarily struck off on July 15, 2024.
Strong revenue growth and a turnaround in consolidated profitability are positive signals, though the proposed jump in director remuneration (4x for the Whole-Time Director) and a new commission for a Non-Executive Director will need shareholder approval. Margin compression on a standalone basis (EBITDA margin fell from about 20% to 13.5%) is a point to watch despite the higher absolute profit.