Annual Report for the FY 2024-25
SURYALA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Suryalata Spinning Mills has filed its 42nd Annual Report for FY 2024-25 along with the AGM notice. The 42nd AGM is scheduled for September 27, 2025, via video conferencing. Revenue from operations grew 9.5% to Rs. 483 crore, but EBITDA margin dropped sharply to 7.25%, hurt by higher power costs after the Telangana government withdrew its Rs. 2/unit power incentive for spinning mills. Consolidated PAT stood at Rs. 15.37 crore on consolidated revenue of Rs. 499 crore. The wholly-owned subsidiary Suntree Solar Energy contributed Rs. 11.75 crore in revenue and Rs. 5.55 crore in PAT. The Board has recommended a 20% dividend (Rs. 2 per share) for non-promoter shareholders.
Positive on revenue growth and dividend continuity, but weak EBITDA margins due to power cost pressure may weigh on near-term profitability. Shareholders should watch for margin recovery as the company expands solar captive power and Vortex yarn capacity.