ADC India Communications, a company specializing in telecom and IT networking products, has announced an interim dividend of Rs 25 per share for the financial year 2024-25.
The record date for this dividend is April 2, 2025. Shareholders whose names appear in the Register of Members or Depositories as beneficial owners by this date will be eligible to receive the dividend.
The decision to distribute the dividend was taken during the company’s board meeting on March 25, 2025.
Previously, for the financial year 2023-24, the company had issued a special dividend of Rs 25 per share and a final dividend of Rs 5 per share.
ADC India Communications has been consistently distributing dividends since 2001. The face value of each share is Rs 10.
Company Overview and Stock Performance
ADC India Communications provides copper and fiber-based connectivity solutions for telecommunications, supporting video, audio, and data networks.
In the past two weeks, the company’s stock has surged by 44%. On March 28, 2025, the stock closed at Rs 1,386.80 on the BSE. Over the past week alone, the price has increased by 18%. Over the last five years, the stock has delivered a return of 1,111%.
As of December 2024, the company’s promoters held a 72% stake. The stock’s 52-week high was Rs 2,309.70 on July 8, 2024, while its 52-week low was Rs 860 on March 28, 2024. The company currently has a market capitalization exceeding Rs 600 crore.
Financial Performance in December Quarter
For the October-December 2024 quarter, ADC India Communications reported revenue of Rs 41.93 crore on a standalone basis.
The company achieved a net profit of Rs 5.83 crore, with earnings per share (EPS) of Rs 12.66 crore. For the financial year 2024, the total revenue stood at Rs 178.74 crore, with a net profit of Rs 20.69 crore and an EPS of Rs 44.97 crore.