BSEPrima Plastics LtdHighPositive
Announced Tue, 27 May · 22:13 IST

The Company has recommended a final dividend at the rate of 20% i.e Rs. 2 /- per equity share of Rs. 10 each fully paid up for the Financial Year ended March 31, 2025 subject to approval ....

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

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AI summary

Prima Plastics Ltd's Board, at its May 27, 2025 meeting, recommended a final dividend of Rs. 2 per equity share (20% on face value of Rs. 10) for FY ended March 31, 2025, subject to shareholder approval at the 31st AGM on August 12, 2025. The cut-off date for dividend eligibility is August 5, 2025. Audited consolidated FY25 revenue from operations rose to Rs. 19,367.45 lakhs (vs Rs. 18,414.17 lakhs in FY24), with net profit attributable to owners at Rs. 2,103.75 lakhs (vs Rs. 1,823.95 lakhs), translating to an EPS of Rs. 19.52 (vs Rs. 16.68). On a standalone basis, revenue grew to Rs. 13,198.24 lakhs and net profit to Rs. 419.32 lakhs, with EPS of Rs. 3.81. The Board also approved the re-appointment of Mr. Bhaskar M. Parekh as Executive Chairman and Mr. Dilip M. Parekh as Managing Director for three years effective September 1, 2025, and appointed new Secretarial and Internal Auditors. The auditor issued an unmodified opinion on the results.

Likely market impact

Shareholders of record by August 5, 2025 will be eligible for the Rs. 2 per share dividend. Improved FY25 profitability, especially on a consolidated basis (~15% growth in owners' net profit), along with continued dividend and management continuity, signals stability for investors.