Sandhar Technologies Limited has informed the Exchange regarding Board meeting held on August 07, 2025.
SANDHAR · price
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Sandhar Technologies' Board approved Q1 FY26 (April–June 2025) unaudited results. On a standalone basis, revenue from operations grew about 8% to Rs 72,812 lacs, while net profit rose modestly to Rs 2,540 lacs (EPS Rs 4.22 vs Rs 4.10 a year ago). On a consolidated basis, revenue jumped nearly 19% to Rs 1,09,009 lacs, but net profit dipped slightly to Rs 2,801 lacs (EPS Rs 4.65 vs Rs 4.83). The company also announced a plan to raise up to Rs 500 crore through modes like preferential allotment, QIP, or private placement, subject to shareholder approval, and proposed increasing authorised share capital from Rs 70 crore to Rs 80 crore. The Board approved the slump sale of Sandhar's TN Unit-I and HR Unit-V to its wholly owned subsidiary Sandhar Ascast Private Limited, and re-appointed founder Jayant Davar as Executive Chairman & CEO for another five years from January 1, 2026. The 33rd AGM is scheduled for September 19, 2025, with book closure from September 13–19 for the final dividend of Rs 3.50 per share (already recommended earlier).
The Rs 500 crore fund-raising plan could lead to equity dilution, which shareholders should watch closely, while the doubling of borrowing limits (Rs 600 cr to Rs 1,200 cr) signals aggressive expansion plans. Q1 results are mixed — strong top-line growth but flat-to-lower profits — and the re-appointment of the founder-CEO provides leadership continuity.