Announced Tue, 2 Sept · 19:20 IST

Annual Report for the FY 2024-25

Board & Shareholder Meetings View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Uniroyal Marine Exports Ltd has filed its Annual Report for FY 2024-25 along with the Notice of its 33rd Annual General Meeting, scheduled for September 27, 2025, at 2:30 PM via video conferencing. The company, which operates in the marine products business (processing, freezing, canning, and export), reported a strong recovery in FY25 with revenue from operations rising to Rs 2,845.22 lakhs from Rs 1,928.52 lakhs in FY24, a growth of about 48%. The company swung back to profitability with a Profit After Tax of Rs 6.74 lakhs compared to a loss of Rs 275.22 lakhs in the previous year, and EPS improved to Rs 0.12 from negative Rs 4.27. No dividend was declared, share capital remains unchanged at 64.79 lakh equity shares of Rs 10 each, and there are no subsidiaries or associate companies. The Board has proposed re-appointment of Ms. Nithya Alex as a non-executive director (retiring by rotation) and re-appointment of M/s B.S.J & Associates as statutory auditors for a second five-year term.

Likely market impact

This is a routine annual filing with no major surprises, but the turnaround from a Rs 275 lakh loss to a Rs 6.74 lakh profit and the sharp jump in revenue signal operational recovery that shareholders will find encouraging. The decision to sell and lease back the registered office land and building (approved by members in July 2025) is a material change worth tracking, though the AGM outcomes and any updates on this sale-leaseback will be the next catalysts for the stock.