Outcome of Board Meeting
PRADPME · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pradeep Metals Limited's Board approved audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue grew 11.4% to Rs 32,784.87 lakhs, while consolidated revenue increased 8.4% to Rs 33,802.67 lakhs. Standalone profit after tax rose 9.4% to Rs 2,532.74 lakhs, and consolidated PAT grew 11.6% to Rs 3,033.72 lakhs. The Board recommended a final dividend of Rs 2.50 per share (25%). Statutory auditors KKC & Associates issued unmodified opinions on both standalone and consolidated results. Key corporate actions include re-appointment of Chairman & Managing Director Mr. Pradeep Goyal for 3 years, and approval of the Scheme of Amalgamation with Nami Capital Private Limited pending shareholder and NCLT approval.
Positive signals include consistent revenue and profit growth, clean audit opinions, and shareholder-friendly dividend payout. The new artillery shells manufacturing project at Butibori (Rs 250 crore investment) signals expansion but increases capital deployment risk.