BSEZenith Fibres Ltd-$MediumNeutral
Announced Tue, 27 May · 13:19 IST

Enclosed

Board & Shareholder Meetings View source PDF

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AI summary

Zenith Fibres reported audited results for Q4 and FY ended March 31, 2025, with revenue from operations rising to Rs. 5,219.70 lakh from Rs. 3,428.11 lakh in FY24, a jump of about 52%. Net profit for the year stood at Rs. 131.75 lakh with EPS of Rs. 4.57 (vs Rs. 3.34 in FY24). Q4 alone saw revenue of Rs. 1,410.08 lakh and profit of Rs. 111.43 lakh, sharply higher than Rs. 16.94 lakh in Q4 FY24. The Board has recommended a dividend of Rs. 1 per share (10%) on 39.44 lakh equity shares, subject to shareholder approval at the AGM. The company also approved installation of a 315 KW rooftop solar plant at its Vadodara unit at a cost of up to Rs. 1.25 crore, to be funded internally and expected to generate around 4.32 lakh units per year. Additionally, M/s. Yagnesh Desai & Co. was appointed as Internal Auditor for FY26, and amendments were made to the UPSI fair disclosure code to align with SEBI's updated insider trading rules.

Likely market impact

The strong top-line growth and improved Q4 profits are positive signals for shareholders, and the 10% dividend rewards investors despite a modest absolute payout. The solar capex is a small, internally-funded investment that should reduce long-term power costs and improve ESG profile, while governance updates keep the company compliant with SEBI norms.