Annual report
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Titan Intech Ltd has filed its 41st Annual Report for FY 2024-25 and notice of the AGM scheduled for August 25, 2025 via video conferencing. The company's total income fell sharply to Rs. 2,710.58 lakhs from Rs. 4,404.96 lakhs in the previous year, a decline of about 38.5%. Profit after tax also dropped to Rs. 397.17 lakhs from Rs. 562.81 lakhs, while EPS fell to Rs. 1.30 from Rs. 4.87. The AGM will also seek shareholder approval to increase authorised share capital from Rs. 55 crore to Rs. 100 crore and to sub-divide each equity share of Rs. 10 face value into 10 shares of Rs. 1 each. During the year, the company allotted 88,28,812 bonus shares and did not declare any dividend.
The steep drop in revenue and profit is a concern for shareholders despite the company remaining profitable, and investors should review the detailed financials in the annual report. The proposed 1:10 stock split aims to improve liquidity and make shares more affordable for retail investors, while the increase in authorised capital signals potential fundraising plans ahead.