Submission of 47th Annual Report of Rapid Investments Limited for the Financial year 2024-25.
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Rapid Investments Ltd has filed its 47th Annual Report for FY 2024-25 with BSE. Total income stood at Rs. 1.97 crore (up modestly from Rs. 1.95 crore in FY24). Profit after tax jumped to Rs. 11.75 lakh from Rs. 4.60 lakh in the previous year — a strong ~155% increase driven by lower expenses. No dividend was declared; profits are being ploughed back into the business. The company completed a Rights Issue during the year, raising paid-up share capital from Rs. 1.31 crore to Rs. 2.15 crore. Key highlights include RBI restoring the company's NBFC license, enabling it to resume lending and financial advisory activities (mutual investments, loan against property). Another Rights Issue is being planned. The 47th AGM is scheduled for 29th September 2025.
For shareholders, the NBFC license restoration and expanded capital base signal a potential growth phase in lending and advisory businesses. Higher profits and a bigger balance sheet could support future earnings, though no dividend means returns will depend on stock price appreciation. The upcoming Rights Issue may dilute existing holdings but bring in additional capital for growth.