The board has decided to hold the 31st Annual General Meeting of the Company on Tuesday, August 12, 2025 at 11:00 am though VC/OAVM.
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Prima Plastics Ltd has fixed its 31st Annual General Meeting for August 12, 2025, at 11:00 am via video conferencing. The board approved audited financial results for Q4 and FY ended March 31, 2025, with the auditor issuing an unmodified opinion. On a consolidated basis, FY25 revenue from operations rose to Rs. 19,367.45 lakhs (up about 5% from Rs. 18,414.17 lakhs) and net profit grew to Rs. 2,103.75 lakhs (up about 15% from Rs. 1,823.95 lakhs). Standalone revenue was Rs. 13,198.24 lakhs and net profit Rs. 419.32 lakhs, with EPS of Rs. 3.81. A final dividend of Rs. 2 per share (20% on face value of Rs. 10) has been recommended, subject to shareholder approval. Re-appointments of Mr. Bhaskar M. Parekh as Executive Chairman and Mr. Dilip M. Parekh as Managing Director, both for three years from September 1, 2025, are also on the AGM agenda.
Shareholders get a steady dividend and visibility on continued promoter leadership. The demerger of the Rotational Moulding business into wholly owned subsidiary Prima Innovation Ltd is progressing with NCLT filing done, which could unlock value. However, standalone operating cash flow turned negative, signalling working capital pressure even as profits improved.