CHENNAI, May 13 – Manali Petrochemicals Limited (BSE: 500268, NSE: MANALIPETC) reported a consolidated net profit of ₹7,002 lakh for the financial year ended March 31, 2025, marking a 37% increase over ₹5,106 lakh recorded in the previous year. The Board of Directors has recommended a final dividend of ₹0.50 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Highlights (₹ in Lakh)
| Particulars | Q4 FY25 | Q4 FY24 | FY25 | FY24 |
|---|---|---|---|---|
| Consolidated Revenue from Ops | 21,226 | 19,246 | 80,451 | 88,261 |
| Consolidated Total Income | 23,344 | 20,489 | 87,898 | 93,926 |
| Consolidated Profit Before Tax | 4,658 | 2,067 | 9,330 | 6,618 |
| Consolidated Net Profit | 3,162 | 1,448 | 7,002 | 5,106 |
| Standalone Revenue from Ops | 15,327 | 14,064 | 60,086 | 70,147 |
| Standalone Net Profit | 620 | 344 | 1,692 | 2,329 |
| EPS (₹) – Consolidated | 1.91 | 0.88 | 4.23 | 3.09 |
| EPS (₹) – Standalone | 0.37 | 0.21 | 1.01 | 1.39 |
Operational Challenges
Cyclone Michaung disrupted operations at Unit-II during FY25, damaging assets and inventory. The company has accounted for ₹1,870 lakh in repair and restoration costs, with ₹300 lakh received as an interim insurance settlement. The remaining claim is under evaluation.Additionally, the lease for Unit-II, which expired in June 2017, is still pending renewal from the Government of Tamil Nadu. The company continues to operate the facility and has accounted for the lease under a 30-year extension assumption in compliance with Ind AS 116.
Subsidiary Performance
The company’s global subsidiaries in Singapore, the UK, Germany, and India significantly drove growth. Profit contributions from international operations totaled ₹5,829 lakh during the year, underscoring the strength of its overseas business model.Shareholder Actions
- Dividend: Final dividend of ₹0.50 per share on a face value of ₹5 each.
- Postal Ballot: Approval to be sought for payment of remuneration to non-executive directors for FY25.