Outcome of Board meeting held on May 24, 2025<BR>
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Sanrhea Technical Textiles reported FY25 revenue from operations of Rs 7,493.55 lakh, up about 10% from Rs 6,803.76 lakh in FY24. However, net profit declined to Rs 472.48 lakh from Rs 520.06 lakh, and EPS slipped to Rs 9.45 from Rs 10.40, as total expenses rose faster than sales and finance costs doubled to Rs 132.33 lakh. Q4 revenue grew nearly 20% YoY to Rs 1,882.62 lakh but Q4 profit fell to Rs 162.26 lakh from Rs 218.26 lakh. The Board recommended a final dividend of Rs 1.50 per share (15% on face value of Rs 10). Statutory auditor Kantilal Patel & Co. issued an unmodified (clean) opinion. The company also appointed a new Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30.
Positive revenue traction but weakening profitability — operating margins compressed from ~10.3% to ~8.5% and cash flow from operations turned negative at Rs 142.71 lakh due to heavy working capital absorption and capex of over Rs 500 lakh, largely funded by borrowings. Total debt nearly doubled to ~Rs 1,404 lakh, raising leverage. The dividend provides modest shareholder return, but investors should watch margin recovery and debt levels.