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Awaiting price reaction for this filing.
The Board of Directors of Shilp Gravures Limited, at its meeting held on May 17, 2025, recommended a Final Dividend of Rs. 2.10 per equity share (21% on face value of Rs. 10) for FY 2024-25, subject to shareholder approval at the upcoming AGM. The company also reported audited financial results for Q4 and FY ended March 31, 2025. Standalone revenue from operations for FY25 stood at Rs. 8,261.09 lakhs versus Rs. 7,769.87 lakhs in FY24, while standalone net profit dropped sharply to Rs. 420.81 lakhs from Rs. 1,121.08 lakhs in the previous year. Q4 FY25 standalone results showed a loss of Rs. 85.31 lakhs, though narrower than the Rs. 168.18 lakhs loss in Q4 FY24. The Board also appointed two new Executive Directors and reorganized leadership, with Ambar Patel continuing as Managing Director and Jayantilal Jhalavadia designated as Chairman.
The Rs. 2.10 dividend signals a modest payout despite a significant drop in full-year profits, which may temper investor enthusiasm. The weaker earnings performance and Q4 loss could weigh on short-term sentiment, though revenue growth and continued dividend declaration suggest operational stability.