Tilaknagar Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2025.
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Awaiting price reaction for this filing.
The Board approved audited consolidated and standalone results for Q4 and FY ended March 31, 2025. Consolidated revenue from operations grew ~7.3% YoY to Rs. 3,174.6 crores, while profit after tax jumped ~66% YoY to Rs. 229.6 crores, with basic EPS of Rs. 11.89 for the year. Q4 was even stronger, with revenue up ~14% YoY and PAT up ~146% YoY to Rs. 77.3 crores. The Board recommended a Rs. 1 per share dividend (10% on face value) and re-appointed Mr. Amit Dahanukar (CMD) and Mrs. Shivani Dahanukar (Executive Director) along with internal and cost auditors for FY26. Additionally, 1,79,800 equity shares were allotted under ESOP schemes, marginally increasing paid-up capital. Statutory auditors Harshil Shah & Company issued a qualified opinion on the consolidated results because the company did not carry out an impairment assessment of a non-operating ENA plant, a repeat qualification from FY24.
Strong operational performance with a sharp jump in profitability and a modest dividend should be viewed positively by shareholders, but the repeat qualified audit opinion over a non-operating ENA plant keeps a small governance overhang on the stock.