Shaily Engineering Plastics Limited has informed the Exchange regarding Outcome of Board Meeting held on May 13, 2025.
SHAILY · price
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The Board approved the Audited Standalone and Consolidated Financial Results for Q4 and FY ended March 31, 2025, with an unmodified audit opinion from BSR and Co. On a consolidated basis, revenue from operations grew to Rs. 78,679.77 lakhs (FY24: Rs. 64,387.06 lakhs), an increase of about 22%, while net profit after tax jumped to Rs. 9,311.90 lakhs (FY24: Rs. 5,729.06 lakhs), up roughly 62%. On a standalone basis, revenue rose to Rs. 73,811.94 lakhs and PAT nearly doubled to Rs. 7,091.01 lakhs. The Board has recommended a final dividend of Rs. 2 per share (100% on face value of Rs. 2), subject to shareholder approval. Additionally, the company appointed new Internal, Cost, and Secretarial Auditors for FY 2025-26, with the Secretarial Auditor appointed for a five-year term.
Strong financial performance with healthy revenue and profit growth, supported by an unqualified audit opinion, is a positive signal for shareholders. The proposed 100% dividend signals good cash generation and shareholder reward, and the long-term Secretarial Auditor appointment indicates governance stability.