Savita Oil Technologies Limited , a prominent player in the oil industry, has announced key dates for its upcoming dividend payment for the financial year 2024-25. The company has set September 15, 2025, as the record date for determining shareholder eligibility for the dividend payout.

Dividend Details

• Record Date: September 15, 2025 (Monday)
• Financial Year: 2024-25
• Annual General Meeting: September 22, 2025

Savita Oil Technologies Limited has informed both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) about this decision.

Regulatory Compliance

In compliance with Regulation 42 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015, the company has officially communicated this information to the stock exchanges. The announcement was made on September 9, 2025, by Uday C. Rege, the Company Secretary & Chief Legal Officer (Compliance Officer) of Savita Oil Technologies Limited.

Shareholder Approval

It's important to note that the dividend payment is subject to approval by the company's shareholders at the Annual General Meeting (AGM) scheduled for September 22, 2025. This meeting will provide an opportunity for shareholders to review and approve the proposed dividend along with other company matters.

Investor Implications

Shareholders of Savita Oil Technologies Limited should take note of the following:

1. Only shareholders on record as of September 15, 2025, will be eligible for the FY 2024-25 dividend.
2. The final dividend amount is yet to be disclosed and will be subject to shareholder approval at the AGM.
3. Investors planning to buy or sell shares of the company should consider these dates in relation to dividend eligibility.

Savita Oil Technologies Limited's timely disclosure of the record date and AGM details demonstrates the company's commitment to transparent communication with its investors and compliance with regulatory requirements.

Investors and stakeholders are advised to keep an eye on further announcements from the company regarding the specific dividend amount and other relevant details that may be discussed during the upcoming Annual General Meeting.

Savita Oil Technologies Ltd , a leading manufacturer of petroleum specialty products, has reported a robust financial performance for the first quarter, with significant growth in revenue and profitability. The company also announced strategic initiatives, including the launch of innovative ester-based lubricants and the appointment of a new brand ambassador.

Financial Highlights

Savita Oil Technologies delivered impressive results for Q1:

• Revenue reached Rs. 1,014.00 crore, marking a 4.20% year-on-year increase
• EBITDA rose by 31.30% to Rs. 84.00 crore
• Net profit surged by 40.00% to Rs. 56.00 crore
• EBITDA margin improved to 8.30% from 6.60% in the same quarter last year

Segment Performance

The company's performance was driven by its two main segments:

Key Business Developments

Synthetic Ester Plant Commercialization

Savita Oil Technologies successfully commercialized its synthetic ester plant in August 2023, marking a significant milestone in the company's innovation journey. The plant produces novel ester molecules, which are biodegradable and sustainable compared to regular base oils.

Launch of SavsolEster5 Automotive Lubricants

The company introduced the SavsolEster5 range of automotive lubricants, leveraging its new ester molecule technology. These lubricants offer superior performance compared to traditional synthetic lubricants:

• 28.00% less engine deposits in certain tested formulations
• 33.00% less friction compared to certain regular Group 3 base oils
• Enhanced environmental friendliness due to the biodegradability of esters

Brand Ambassador Appointment

Savita Oil Technologies appointed Bollywood actor Sidharth Malhotra as the brand ambassador for its SAVSOL brand. This partnership aims to enhance brand recognition and support the premiumization of the SAVSOL product line.

Future Growth Strategies

The company outlined several strategies for future growth:

1. Expanding distribution networks, particularly in the industrial segment
2. Developing sustainable products, including environment-friendly offerings
3. Capacity expansion to maintain competitiveness
4. Premiumization of product offerings

Market Outlook

Savita Oil Technologies is well-positioned to capitalize on several market trends:

• Rising investments in the transmission segment
• Modernization of aging grid infrastructure
• India's low vehicle density, presenting growth opportunities in the automotive lubricants market
• Increasing demand for sustainable and high-performance lubricants

Management Commentary

Mr. Gautam N. Mehra, Chairman and Managing Director, stated, "We are pleased to report a robust quarterly performance with a Year-on-Year growth of 41.00% in PBT. Our Savsol Ester5 range of Automotive Lubricants has met with a very positive response from the market and is growing at 6X of the industry growth rate for Automotive Lubricants."

Savita Oil Technologies' strong Q1 performance, coupled with its focus on innovation and sustainability, positions the company well for continued growth in the petroleum specialty products market. The successful launch of ester-based lubricants and strategic brand initiatives demonstrate the company's commitment to staying at the forefront of industry trends and meeting evolving customer needs.