Sahyadri Industries , a prominent player in the building materials sector, has released its financial results for the first quarter, revealing a mixed performance. The company, known for its innovative building solutions, faced challenges in maintaining year-over-year growth but showed signs of recovery on a sequential basis.

Financial Highlights

All financial figures in ₹ crores, except EPS in ₹

Segment Performance

Sahyadri Industries operates in two key segments:

1. Building Materials: This segment generated revenue of ₹212.25 crores, forming the bulk of the company's income.
2. Power Generation: The power generation segment contributed ₹4.16 crores to the total revenue.

Expansion Plans

The company is actively pursuing growth opportunities:

• A new Asbestos Corrugated Sheet unit with a capacity of 1,20,000 MT is being set up in Odisha.
• Plans are underway for a 72,000 MT Non Asbestos Cement Boards plant in Maharashtra, with land acquisition in progress.

Auditor's Review

The statutory auditors have conducted a limited review of the financial results and issued an unmodified review report, affirming the accuracy of the financial statements.

Market Implications

The mixed results reflect the challenging business environment. While the year-over-year decline in profits may concern some investors, the sequential improvement suggests that Sahyadri Industries is navigating market challenges effectively. The ongoing expansion projects demonstrate the company's commitment to growth and diversification.

Investors and market analysts will likely keep a close eye on how these expansion projects unfold and their potential impact on future quarters' performance. The building materials sector's performance, closely tied to construction and infrastructure development, will continue to be a key factor in Sahyadri Industries' growth trajectory.

Sahyadri Industries Limited has announced key dates for its 31st Annual General Meeting (AGM) and final dividend payment. The company's Board of Directors has recommended a final dividend of ₹1.00 per equity share of face value ₹10.00, subject to shareholder approval at the upcoming AGM.

AGM Details

The 31st AGM of Sahyadri Industries Limited is scheduled to be held on Friday, August 22, 2025, at 3:30 PM through video conferencing/other audio-visual means.

Record Date and Book Closure

The company has set the record date as August 15, 2025, for determining shareholder eligibility for the final dividend. The Register of Members and Share Transfer Books will remain closed from August 16 to August 22, 2025 (both days inclusive) for the purpose of the AGM and dividend payment.

Dividend Payment

Subject to shareholder approval at the AGM, the final dividend of ₹1.00 per equity share is scheduled to be paid on September 16, 2025. Shareholders holding shares as of the record date will be eligible for this dividend payment.

E-voting Information

Sahyadri Industries has fixed August 15, 2025, as the cut-off date for determining shareholder eligibility to vote on resolutions proposed at the AGM. The company will provide e-voting facilities to its shareholders for casting their votes electronically.

Financial Performance

For the financial year ended March 31, 2025, Sahyadri Industries reported:

The company's performance reflects a challenging year, with revenue and profit figures lower compared to the previous fiscal year.

Shareholders can access the Annual Report and AGM Notice on the company's website at www.silworld.in . The AGM will address various matters including the adoption of financial statements, dividend declaration, and other business items as outlined in the meeting notice.