Shiva Texyarn Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.
SHIVATEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shiva Texyarn Limited reported audited standalone and consolidated results for FY25. Standalone revenue from operations declined to Rs. 32,270.74 lakhs from Rs. 33,527.66 lakhs in FY24, a drop of about 3.7%. The company swung back to a profit of Rs. 1,178.34 lakhs in FY25 compared to a loss of Rs. 1,108.40 lakhs in FY24, with EPS of Rs. 9.09 versus negative Rs. 8.55. Consolidated PAT also turned positive at Rs. 1,206.27 lakhs versus a loss of Rs. 1,076.66 lakhs. Operating cash flow improved sharply to Rs. 1,333.64 lakhs from Rs. 241.97 lakhs. The Board recommended a 45% dividend (Rs. 4.50 per share), re-appointed S K Sundararaman as Managing Director for 3 years, and gave in-principle approval to acquire 11.5% in Finecot Spinning Mills for captive solar power use. Statutory auditors issued an unmodified opinion.
Strong turnaround from a loss-making FY24 to a profitable FY25, supported by lower input costs and better operating cash generation, is positive for shareholders. The 45% dividend and clean audit opinion reinforce confidence, while the solar power acquisition could help reduce future energy costs.