Dynemic Products Appoints New Directors, Reports Strong Q1 Results

1 min read     Updated on 13 Aug 2025, 03:12 PM
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Naman SharmaBy ScanX News Team
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Overview

Dynemic Products Limited has made several key board appointments and reappointments, including Ms. Avani Vishnubhai Patel as Independent Director and Mr. Ashok P. Pathak as Secretarial Auditor. The company also reappointed Mr. Bhagwandas K. Patel as Managing Director and Mr. Rameshbhai B. Patel as Joint Managing Director. In Q1 FY2025-26, the company reported a 17.94% increase in total income to ₹9,447.08 crore and a 72.87% surge in net profit to ₹482.05 crore. The EPS rose to ₹3.88 from ₹2.32 in the previous year. The company's 35th Annual General Meeting is scheduled for September 22, 2025.

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*this image is generated using AI for illustrative purposes only.

Dynemic Products Limited, a manufacturer and trader of food colors and chemicals, has announced several key board appointments and reported robust financial results for the first quarter.

Board Appointments and Reappointments

The company's Board of Directors approved multiple significant appointments in their meeting held on August 13, 2025:

  • Ms. Avani Vishnubhai Patel has been appointed as an Independent Director for a three-year term, subject to shareholder approval. Ms. Patel, 37, brings over 12 years of expertise in corporate governance, compliance advisory, and legal structuring.

  • Mr. Ashok P. Pathak of M/s. Ashok P. Pathak & Co., Ahmedabad, has been named as the Secretarial Auditor for five consecutive years from FY 2025-26 to 2029-30, pending shareholder approval.

  • Mr. Bhagwandas K. Patel has been reappointed as Managing Director for a five-year term starting September 1, 2025. Mr. Patel, 70, is a founder of the company with 37 years of experience in sales, marketing, operations, management, and finance.

  • Mr. Rameshbhai B. Patel has been reappointed as Joint Managing Director for a five-year term, also effective from September 1, 2025. Mr. Patel, 62, has over 35 years of experience in the color and chemical industry.

Q1 Financial Performance

For the quarter ended June 30, 2025, Dynemic Products reported strong financial results:

Particulars (Standalone) Q1 FY2025-26 Q1 FY2024-25 YoY Growth
Total Income ₹9,447.08 crore ₹8,009.98 crore 17.94%
Net Profit ₹482.05 crore ₹278.85 crore 72.87%
EPS (Basic & Diluted) ₹3.88 ₹2.32 67.24%

The company's total income for the quarter increased by 17.94% year-over-year to ₹9,447.08 crore, while net profit surged by 72.87% to ₹482.05 crore. The Earnings Per Share (EPS) also saw a significant rise to ₹3.88, up from ₹2.32 in the same quarter last year.

Annual General Meeting

Dynemic Products has scheduled its 35th Annual General Meeting for September 22, 2025, to be held via video conferencing. The record date for the AGM and e-voting facility has been set for September 12, 2025.

The company's strong financial performance and strategic board appointments indicate its focus on growth and corporate governance. Shareholders will be keenly watching the upcoming AGM for further insights into the company's future plans and strategies.

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