Annual Report for the financial year 2024-25 including Notice of Annual General Meeting
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Organic Recycling Systems Limited (BSE: 543997) has filed its Annual Report for FY2024-25 along with the notice for its 17th AGM, scheduled for September 11, 2025, via video conference. On a consolidated basis, revenue from operations rose to ₹4,377.29 lakhs from ₹2,748.73 lakhs in FY24 (~59% growth), while profit after tax jumped to ₹1,571.86 lakhs from ₹776.90 lakhs (~102% growth). Standalone revenue grew 39% to ₹2,522.65 lakhs with a standalone PAT of ₹341.77 lakhs. The company has not recommended any dividend and reported a healthy 0.3x debt-to-equity ratio. Key AGM agenda items include re-appointment of Managing Director Sarang Bhand and Whole-time Director Yashas Bhand, appointment of new statutory auditor M/s Vora & Associates (replacing Jayesh Sanghrajka & Co. LLP), and re-appointment of two independent directors.
Strong double-digit growth in revenue and profits signals improving business momentum, though the absence of a dividend may disappoint income-focused shareholders. The auditor change and key managerial re-appointments are routine governance matters with no immediate price-action implications.