Outcome of the Board Meeting held on May 02, 2025
SADHNANIQ · price
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Sadhana Nitro Chem Ltd's board approved audited FY25 results on May 02, 2025 with a clean (unmodified) audit opinion from the statutory auditor. On a standalone basis, revenue from operations fell sharply to Rs. 13,337 lakhs from Rs. 18,886 lakhs in FY24, a decline of roughly 29%, and net profit dropped to Rs. 522 lakhs from Rs. 741 lakhs (around 30% lower). On a consolidated basis, revenue slipped to Rs. 16,555 lakhs from Rs. 19,005 lakhs, but net profit jumped sharply to Rs. 756 lakhs from Rs. 408 lakhs, an increase of about 85%, helped by subsidiaries. The board recommended a modest dividend of Rs. 0.10 per share (10% on face value of Re. 1). The company also confirmed that Rs. 20.39 crore raised via a recent Rights Issue has been used for the stated purpose.
Weak standalone performance with steep revenue and profit declines is a concern, but consolidated profit growth driven by subsidiaries and the clean audit opinion are positives. The small dividend signals cautious cash management, while ongoing heavy capital expenditure suggests the company is investing in future capacity.