BSESKP Securities LtdHighPositive
Announced Sat, 10 May · 14:31 IST

Recommendation of Dividend

Corporate Actions View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

SKP Securities' Board has recommended a final dividend of Rs. 2 per equity share (face value Rs. 10) for FY2024-25, subject to shareholder approval at the upcoming AGM. This compares with an estimated Rs. 1.50 per share paid for FY24 (based on Rs. 102.13 lakh dividend outflow in cash flow), indicating a higher payout. Alongside, the company posted FY25 total revenue from operations of Rs. 38.50 crore, up about 26% from Rs. 30.53 crore in FY24, while net profit rose to Rs. 9.99 crore from Rs. 8.65 crore (~15.5% growth). EPS for FY25 stood at Rs. 14.67 versus Rs. 12.70 the prior year. The Board also approved audited financial results with an unmodified audit opinion, re-appointed G.P. Agrawal & Co. as internal auditors, appointed A Murarka & Co. as secretarial auditors for five years, and re-appointed Mr. Anil Shukla as Whole-time Director & CFO for another three years from October 1, 2025.

Likely market impact

The higher dividend signals improved shareholder returns alongside double-digit profit growth. The stock may see modest positive sentiment, though the record date is yet to be announced.