Divgi Torqtransfer Systems has announced key dates for its upcoming dividend distribution and Annual General Meeting (AGM). The company has set September 8, 2025, as the record date for determining shareholder eligibility to receive the final dividend for the fiscal year 2024-25.

Dividend Details

The Board of Directors has approved a final dividend of ₹2.60 per equity share for FY 2024-25. Shareholders whose names appear on the company's register as of the record date will be entitled to receive this dividend payment.

Important Dates

Corporate Actions

The company has taken these steps in compliance with Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014. The announcement was made through a regulatory filing to both the BSE Limited and the National Stock Exchange of India Limited.

Investor Relations

In a separate announcement, Divgi TorqTransfer Systems also disclosed its participation in an upcoming investor conference:

The company stated that this investor meeting will focus on discussing the overall business situation, and no Unpublished Price Sensitive Information (UPSI) is intended to be shared during the event.

Divgi TorqTransfer Systems, with its Corporate Identification Number (CIN) L32201MH1964PLC013085, is headquartered at 75, General Block, MIDC, Bhosari, Pune 411 026, India. Investors and stakeholders can find more information on the company's website at www.divgi-tts.com .

Shareholders and potential investors are advised to take note of these important dates and events as they may impact their investment decisions.

Divgi Torqtransfer Systems , a leading player in the auto components sector, has reported robust financial results for the first quarter, showcasing significant growth across key financial metrics, underpinned by strong demand in its core segments.

Revenue Growth

The company's total income for Q1 stood at ₹767.70 crore, marking a substantial 29% increase from ₹593.76 crore in the corresponding quarter of the previous year. This growth was primarily driven by a 32% year-on-year rise in revenue from operations, which reached ₹716.76 crore.

Profitability Boost

Divgi TorqTransfer Systems witnessed a remarkable improvement in its profitability metrics:

Segment Performance

The company's growth was driven by strong performances across its key business segments:

1. Transfer Case: Posted a robust 34% year-on-year growth, led by increased volumes from key OEM customers.
2. E-gear Drive Business: Performance was marginally subdued this quarter, with anticipated strong ramp-up in volumes during H2.
3. Component Business: Recorded an impressive 72% year-on-year growth, underpinned by consistent demand for critical components.

Strategic Initiatives and Future Outlook

Jitendra Divgi, Managing Director of Divgi TorqTransfer Systems, commented on the results: "We have continued our strong growth trajectory, with key drivers being volume expansion in the Transfer Case and ramp-up for recent programs in the Components segments. Our export momentum continues to strengthen as we deepen engagement with global Tier I and II customers."

The company is pursuing several strategic initiatives to sustain its growth momentum:

• Secured a contract with a leading Indian OEM worth over ₹800 crore in lifecycle revenue, to be executed over seven years.
• Engaging with multiple OEMs in the EV business, expected to improve capacity utilization in upcoming quarters.
• Pursuing opportunities in Automatic Transmission and Manual Transmission segments, with ongoing negotiations for high-volume commercial truck applications.

Utilization of IPO Proceeds

The company has utilized ₹741.93 crore out of the total ₹1,696.62 crore raised through its Initial Public Offering (IPO). The majority of these funds have been allocated towards funding capital expenditure requirements for purchasing equipment and machinery for manufacturing facilities.

With a strong order book and strategic expansion plans in place, Divgi TorqTransfer Systems appears well-positioned to capitalize on the growing opportunities in the auto components sector, both domestically and internationally.