Annual Report of the Company for the F.Y 2024-25.
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Suyog Gurbaxani Funicular Ropeways Limited (SGFRL) has submitted its Annual Report for FY 2024-25 along with the Notice convening its 16th Annual General Meeting. The 16th AGM will be held on Tuesday, September 23, 2025 at 11:30 a.m. via Video Conferencing (VC) / Other Audio Visual Means. Key financial highlights for FY 2024-25 include Revenue from Operations of ₹53 crore, EBITDA of ₹17.50 crore, Profit After Tax (PAT) of ₹8.69 crore, and EPS of ₹0.03. The Company's flagship India-first funicular ropeway project at Saptashrungi, Nashik continues to drive performance under the Build-Operate-Transfer (BOT) model. The AGM will consider adoption of audited financial statements and re-appointment of two directors — Shivshankar Lature and Omprakash Dwarkadas Gurbaxani — who retire by rotation. Remote e-voting will be open from September 18 to September 22, 2025, with September 16, 2025 as the cut-off date.
For shareholders, this is a routine regulatory filing with no immediate impact on share price. The disclosed financials show stable operations anchored by a long-term concession model, and the AGM proceedings will be standard governance matters. Investors should review the detailed Annual Report for full financial performance and management commentary.