Annual Report for year ended 31.03.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ridhi Synthetics Limited (BSE: 504365), a real estate company, has filed its 44th Annual Report for FY 2024-25 ahead of its AGM on September 29, 2025. Total income declined to Rs. 206.46 lakhs from Rs. 234.02 lakhs in FY24, with revenue from operations flat at Rs. 43.41 lakhs. Net profit fell to Rs. 107.06 lakhs from Rs. 149.62 lakhs, and EPS dropped to Rs. 8.91 from Rs. 12.45. The company has proposed no dividend for the year. Key AGM resolutions include re-appointment of Director Deepa Bhavsar, appointment of Mr. Hitesh Gupta as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) at a proposed Rs. 35,000 remuneration for FY26, and a doubling of the Whole Time Director Vishal Chaturvedi's remuneration to Rs. 24 lakhs per annum (from Rs. 12 lakhs). Management cited capacity expansion via property purchases and renovations, plus cost optimization, as steps to improve future turnover and profitability.
Year-on-year profitability declined meaningfully, with both PBT and net profit falling around 25-30%, which is mildly negative for shareholders. However, the filing itself is routine compliance rather than a material event, and no fresh operational disclosures or guidance are provided beyond the AGM notice. The proposed doubling of WTD remuneration and absence of a dividend may be minor points of concern for minority shareholders.