Annual Report of the Company for the Financial Year 2024-25 including Notice of 44th Annual General Meeting of the Company
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Samrat Forgings Limited has submitted its 44th Annual Report for FY 2024-25 along with the notice for its 44th AGM, scheduled for Friday, 29th August 2025 at 11:30 AM via video conferencing. The company posted turnover and other income of Rs 19,168.24 lakhs in FY 2024-25, up about 17.6% from Rs 16,294.14 lakhs in the previous year. Profit after tax jumped roughly 71% to Rs 509.89 lakhs (from Rs 297.41 lakhs), and operating profit margin expanded to 11.57% from 9.79%. No dividend has been recommended for the year. The Board proposes appointment of Mr. Siddharth Joshi (son of existing director Mrs. Ritu Joshi) as Whole-time Director and Mr. Dhananjay Lakhanpal as Independent Director.
Strong revenue and profit growth is a positive sign for shareholders, but the absence of any dividend and an elevated debt-to-equity ratio of 2.35 may temper enthusiasm. Appointment of a promoter-family member as executive director is a governance point investors may note.