Bharat Bhushan Finance & Commodity Brokers Ltd.'s board of directors has recommended a final dividend of ₹0.60 per equity share for the financial year 2024-25. This dividend, representing 6% of the ₹10 face value per share, comes despite the company reporting a net loss for the fiscal year. The proposal is subject to the approval of shareholders at the company's 33rd Annual General Meeting (AGM), which is scheduled to be held on Friday, July 4, 2025, via Video Conferencing (VC) or Other Audio Visual Means (OAVM).
The company has fixed Friday, June 27, 2025, as the record date for determining the eligibility of shareholders for the proposed dividend. If approved, the dividend payment will be made on or before August 3, 2025, within 30 days from the date of the AGM.
| Particulars | Details |
|---|---|
| Company | Bharat Bhushan Finance & Commodity Brokers Ltd. |
| Dividend per share | ₹0.60 |
| Face Value per share | ₹10.00 |
| Dividend Percentage | 6% |
| Financial Year | 2024-25 |
| AGM Date for Approval | July 4, 2025 |
| Record Date | June 27, 2025 |
| Dividend Payment Date | On or before August 3, 2025 |
| Total Dividend Payout | ₹20.28 lakhs |
| Source of Dividend | Free Reserves |
Dividend Amidst Financial Loss
According to the Directors' Report for FY25, the board decided to continue with the dividend payment despite the reported loss. The report states, "The Board of Directors of your company decided to continue payment of dividends as the loss reported by the company was largely notional on account of sharp decline in the share market, so the dividend will be paid out of the free reserves of the company." The total dividend appropriation for this 6% dividend amounts to ₹20.28 lakhs.
Financial Performance for FY25
Bharat Bhushan Finance & Commodity Brokers Ltd. reported a challenging financial year for 2024-25. The company's total income from operations saw a significant decline, and it posted a net loss for the period.
| Particulars | FY25 (Year ended March 31, 2025) | FY24 (Year ended March 31, 2024) | YoY Change (%) |
|---|---|---|---|
| Total Income from operations | 29.34 | 71.34 | -58.87% |
| Net Profit/(Loss) for the period (before Tax) | -13.71 | 27.98 | N/A (Loss from Profit) |
| Net Profit/(Loss) for the period (after Tax) | -12.96 | 21.77 | N/A (Loss from Profit) |
| Total Comprehensive Income/(Loss) for the period | -19.85 | 472.42 | N/A (Loss from Profit) |
| Equity Share Capital | 338.04 | 338.04 | 0.00% |
| Earnings Per Share (Basic & Diluted) (₹) | -0.38 | 0.64 | N/A (Loss from Profit) |
The Directors' Report attributes the loss in FY25, amounting to a total comprehensive loss of ₹19.85 lakhs, "largely on account of the continuous fall in share market for five months in a row from October 2024 to February 2025." However, the report also notes that a recovery in the share market commenced from March 2025. The management expressed reasonable confidence that this was a "one off event and the company will report profits for F.Y 2025-26."
The company's total assets as of March 31, 2025, stood at ₹2495 lakhs against a paid-up capital of ₹338.04 lakhs. During the year under review, no amount was transferred to the General Reserves.
Recent Rights Issue
In a significant development concerning its capital structure, the company recently concluded a Rights Issue. The Board of Directors, in its meeting on October 24, 2024, had decided to raise paid-up equity capital. Subsequently, the board approved a Rights Issue of 33,80,400 equity shares of ₹10 each, at par, in the ratio of 1:1. The record date for this issue was May 30, 2025. The primary objectives of this ₹3.38 crore Rights Issue were to augment the company's capital base, fund general corporate purposes, and cover issue expenses. The company received in-principle approval from BSE Limited for this issue on April 16, 2025.
Upcoming Annual General Meeting
The 33rd AGM, where shareholders will vote on the proposed dividend, will also consider other ordinary business, including the adoption of the audited financial statements for FY25. Additionally, special business on the agenda includes the re-appointment of Ms. Madhvi Ahuja (DIN: 00001869) as a Director liable to retire by rotation, and the approval of remuneration to be paid to Mrs. Sandhya Jhalani, the company's Manager, for the remaining two years of her term (from February 4, 2025, to February 3, 2027).
Company Profile
Bharat Bhushan Finance & Commodity Brokers Ltd. (CIN: L67120DL1992PLC049038) is a Non-systematically Important Non-Deposit Taking Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. The company's primary business involves making investments in the securities market. Its equity shares are listed on BSE Ltd (Security Code: 511501, ISIN: INE900A01013).
The information was disseminated to BSE Ltd. on June 10, 2025, regarding the submission of the Annual Report for FY 2024-25 and the Notice of the 33rd AGM.
