The Board of Directors of the Company has recommended final dividend @ 30% i.e. Rs.3/- per equity share of Rs.10/- each for financial year ended 31.03.2025, subject to approval of the members ....
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Panchmahal Steel's board, at its May 23, 2025 meeting, approved audited FY25 results and recommended a final dividend of Rs. 3 per equity share (30% on Rs. 10 face value), pending shareholder approval at the AGM. FY25 revenue from operations fell to Rs. 383.10 crore from Rs. 427.62 crore in FY24, a decline of about 10%. Despite weaker top line, profit before tax rose to Rs. 4.56 crore (from Rs. 3.92 crore) and net profit climbed to Rs. 3.33 crore (from Rs. 2.97 crore), with EPS at Rs. 1.74 versus Rs. 1.56. Q4 FY25 alone slipped into a loss of Rs. 2.03 crore versus a Rs. 2.44 crore profit a year ago. Cost auditors (M/s Kiran J. Mehta & Co.) and internal auditors (M/s Keyur Patel & Co.) were re-appointed for FY26, and the auditor (CNK & Associates LLP) issued an unmodified opinion on the results.
The Rs. 3 dividend translates to a payout of roughly Rs. 5.7 crore on about 1.91 crore shares — comfortably above the Rs. 3.33 crore FY25 net profit, which signals a stretched payout ratio that may concern investors focused on sustainability. Shareholders get a modest income stream if approved at the AGM, but the weaker Q4 and the drop in revenue cap the near-term positive tone.