Pelatro Limited — Others, 19-06-2025: Shareholders meeting

Pelatro Limited has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025, and other matters including dividend declaration and key appointments. The Board has recommended a final dividend of ₹1 per equity share. The company appointed P Chandrasekar LLP as its Statutory Auditor for five years starting FY 2025-26, and KDSH & Associates LLP as Secretarial Auditor for five years. It approved commission payments of ₹5 lakhs each to Non-Executive and Independent Directors for FY 2024-25, exceeding one percent of net profits. Additionally, Pelatro plans a preferential issue of 1,90,736 equity shares to Atlanta Capital Private Limited at ₹367 per share, raising about ₹7 Cr to fund a revised acquisition and working capital needs, with no change in control post-issue.

For FY 2024-25, the consolidated revenue grew strongly to ₹85.77 Cr from ₹54.99 Cr, with consolidated profit after tax rising to ₹11.89 Cr from a loss of ₹1.96 Cr in the prior year. Standalone revenue was ₹61.50 Cr, up from ₹58.81 Cr, with PAT at ₹5.10 Cr. EBITDA margin improved significantly on a consolidated basis to 23.1%. The company continues expanding its mViva customer engagement platform, serving 40 telecom networks across 34 countries with patented technology and AI-driven solutions. It operates with deep telecom domain expertise and a managed services model covering business, IT, and operations consulting. The company’s strategy includes organic growth through market expansion and revenue per customer, and inorganic growth via acquisitions like the Estel Technologies software business.

Pelatro’s balance sheet reflects strong equity growth post-IPO and preferential allotment, with net worth rising to ₹79.45 Cr consolidated and ₹80.80 Cr standalone as of March 31, 2025. The company has adequate internal financial controls per audit reports, and no significant regulatory or legal issues impacting operations. The subsidiary Pelatro Pte. Ltd. reported a net capital deficiency but received financial support from Pelatro Limited. The final dividend is subject to shareholder approval at the upcoming AGM.

Key highlights for shareholders: strong revenue and profit growth, improved margins, strategic expansion of product portfolio including AI-driven marketing automation, successful capital raising with planned preferential share issue, and continued focus on governance and compliance.