Zodiac Energy Limited has informed the Exchange regarding Board meeting held on May 16, 2025.
ZODIAC · price
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Zodiac Energy Limited's board, which met on May 16, 2025, approved the audited financial results for Q4 and the full financial year ending March 31, 2025, with a clean (unmodified) audit opinion from NPKU & Associates. The company, which is primarily in the solar power installation business, reported strong growth: full-year revenue from operations nearly doubled to Rs. 40,777.72 lakhs (up from Rs. 22,006.11 lakhs in FY24, an ~85% jump), while profit after tax rose ~82% to Rs. 1,996.98 lakhs (vs. Rs. 1,097.20 lakhs). Q4 FY25 also showed a robust performance, with revenue of Rs. 17,134.14 lakhs and PAT of Rs. 943.91 lakhs, both roughly 60-66% higher year-on-year. The board recommended a final dividend of Rs. 0.75 per share (7.5% of the Rs. 10 face value), subject to shareholder approval at the upcoming AGM. Total assets expanded sharply from Rs. 11,563.32 lakhs to Rs. 30,244.56 lakhs, supported by a QIP of 4,35,700 shares in August 2024 and increased borrowings to fund heavy capex.
The strong revenue and profit growth, clean audit, and maiden dividend are positive signals for shareholders. However, negative operating cash flow of Rs. (4,884) lakhs and a sharp rise in borrowings indicate the company is in a capital-intensive expansion phase, so investors should watch how this capex translates into future returns.