Zodiac Energy Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
ZODIAC · price
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Zodiac Energy's board, meeting on May 16, 2025, approved audited financial results for Q4 and FY ended March 31, 2025, along with a final dividend recommendation. FY25 revenue from operations nearly doubled to Rs. 40,777.72 lakhs (vs Rs. 22,006.11 lakhs in FY24), driven by the solar power plant installation business. Profit after tax jumped about 82% to Rs. 1,996.98 lakhs, with basic EPS at Rs. 13.38 (vs Rs. 7.50). Q4 FY25 alone delivered Rs. 17,134.14 lakhs in revenue and Rs. 943.91 lakhs in PAT. The board proposed a final dividend of Rs. 0.75 per share (7.5% on face value of Rs. 10), pending shareholder approval. Operating cash flow was negative at Rs. -4,884.09 lakhs, with heavy capex of Rs. 8,257.97 lakhs on fixed assets funded largely by new borrowings of Rs. 11,940.53 lakhs and a QIP of 4,35,700 shares done in August 2024. Auditor NPKU & Associates issued an unmodified opinion.
Strong revenue and profit growth (nearly 2x YoY) reflects robust demand in the solar installation segment, a positive signal for shareholders. However, negative operating cash flow and rising debt levels indicate the growth is being funded by aggressive borrowing rather than internal accruals, which is a risk to watch. The modest 7.5% dividend suggests management is prioritizing reinvestment over payouts.