Announced Tue, 27 May · 20:36 IST

Board approves final dividend

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Oriental Rail Infrastructure Ltd approved a final dividend of Rs. 0.10 per equity share (face value Rs. 1), translating to 10%, for FY ended March 31, 2025, subject to shareholder approval at the AGM. The company also announced audited consolidated results showing FY25 revenue of Rs. 602.22 crore, up from Rs. 526.20 crore in FY24, while net profit dipped marginally to Rs. 29.22 crore from Rs. 30.01 crore. On a standalone basis, both revenue and profit declined — revenue fell to Rs. 153.16 crore from Rs. 171.58 crore, and net profit dropped to Rs. 10.29 crore from Rs. 12.01 crore. The company highlighted an order book of Rs. 2,242.42 crore (including subsidiary Oriental Foundry Pvt Ltd). It also appointed M/s. Shiv Hari Jalan & Co. as Secretarial Auditor for a five-year term starting FY26.

Likely market impact

The dividend is modest given the low face value, and with profitability showing a slight decline on a standalone basis, the announcement is unlikely to drive significant positive movement. The strong order book of over Rs. 2,242 crore provides revenue visibility, which is a positive for investors.