AA Plus Tradelink Ltd, a notable player in the metals and alloys trading industry, has declared a significant corporate action by announcing its first-ever stock split. The move aims to increase market participation by making shares more accessible to retail investors while boosting liquidity.
The company has decided to split its equity shares such that one equity share with a face value of ₹10 will be divided into 10 equity shares with a face value of ₹1 each. The record date for determining shareholder eligibility for this stock split is set as January 8, 2025.
Details of the Stock Split
- Current Face Value: ₹10 per share.
- New Face Value: ₹1 per share.
- Split Ratio: 10:1 (one share splits into ten).
- Record Date: January 8, 2025.
This decision, approved by shareholders via postal ballot on December 19, 2024, aligns with the company’s vision to broaden investor participation and make its equity shares more affordable.
Financial Highlights
AA Plus Tradelink Ltd. has demonstrated consistent financial improvement, showcasing resilience in a competitive market:
- Net Sales: ₹12.47 crore for Q2 FY25, reflecting a robust 39% YoY growth from ₹8.97 crore in Q2 FY24.
- Net Profit: ₹0.28 crore for Q2 FY25, slightly higher than ₹0.27 crore in the same quarter of the previous year.
- Profit Before Depreciation and Taxes (PBDT): ₹0.39 crore in Q2 FY25, up from ₹0.37 crore in Q2 FY24.
The company’s ability to expand its revenue base while maintaining operational efficiency underscores its growth potential.
About AA Plus Tradelink Ltd.
Established in 2016, AA Plus Tradelink Ltd. specializes in trading a wide array of products, including:
- Metals: Aluminium bars, rods, profiles, and powder.
- Graphite Products: Rods, cubes, plates, and scrap.
- Iron and Steel: G.I. pipes, M.S. pipes, and sheets.
The company also provides turnkey solutions, such as supplying and fitting aluminium windows with glass, catering to construction and infrastructure projects.
Over the years, the company has improved its operational efficiency, reducing debtor days from 110 to 60.4 days, reflecting better financial discipline and credit management.
With steady financial growth and a diverse product portfolio, the company is positioned for sustained success.
Investors are optimistic about the future prospects of this small-cap company as it continues to make significant strides in its operational and financial performance.
Disclaimer: This article is for informational purposes only and should not be considered as investment advice.
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