36th Annual Report of the Company for the Financial Year 2024-25, being sent to the Shareholders of the Company through E-mail on 02-09-2025.
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SBEC Systems India Ltd has dispatched its 36th Annual Report for FY 2024-25 to shareholders via email on September 2, 2025, as required under SEBI listing rules. For the year ended March 31, 2025, total income rose to Rs. 376.91 lacs from Rs. 319.06 lacs in the previous year, while profit after tax jumped sharply to Rs. 243.78 lacs from Rs. 132.91 lacs, an increase of about 83%. The growth was driven by the company's new solar power generation business, which commenced with a grid-connected solar plant during the year. The board has not declared any dividend to conserve resources for future growth. The company is also pursuing a reduction of share capital from Rs. 10 crore to Rs. 7.96 crore, pending approval from the NCLT. The Supreme Court has ordered the promoter group to make an open offer to acquire 26% of associate company SBEC Sugar Limited.
Strong profit growth on the back of new solar power business is a positive signal for the company. The absence of dividend may disappoint income-focused investors, while the pending share capital reduction will reduce the total share count by about 20%. Investors should also note the pending open offer obligation related to SBEC Sugar Limited.