Stovec files FY25 Annual Report; 52nd AGM on May 7, 2026
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Stovec Industries (subsidiary of Netherlands-based SPGPrints B.V.) filed its FY25 Annual Report; 52nd AGM is scheduled for May 7, 2026 via video conferencing. Revenue fell to ₹1,981.11M (from ₹2,345.70M in FY24), PBT dropped to ₹91.52M (from ₹174.49M), PAT at ₹68.98M, and EPS declined to ₹33.04 (from ₹62.07). Operating margin contracted to 3.77% from 6.66% on weak demand and higher provisions. Stovec was designated the lead entity for SPGPrints Group's global Textile Business.
Revenue and profits declined sharply YoY, but being named SPGPrints' Textile Business lead may support long-term positioning. Watch AGM voting.