3:1 Bonus Issue Announced! THIS Smallcap Stock Declares Bonus For Shareholders; Do You Own?

Bonus Issue Announced! BSE Smallcap firm V-Mart on Friday announced a bonus issue for its eligible shareholders shareholders along with declaring earnings during the fourth quarter of the financial year 2024-25.

The company, operating in the diversified retail segment, turned profitable during the March quarter after reporting loss during the same period a year ago. V-Mart reported a net profit of Rs 19 crore during Q4FY25, against a net loss of Rs 39 crore during Q4FY23.

V-Mart share price closed 2.92% higher at Rs 3370.50 per share on BSE on Friday. Its market capitalisation stood at Rs 6,673.44 crore.

V-Marth Bonus Issue

The board of directors of V-Mart approved a bonus of equity shares in the ratio of 3:1 for its eligible shareholders during the quarter under review.

"Recommended to members for their approval, the issue of bonus equity shares in the ratio of 3:1 i.e., 3 (Three) new fully paid-up equity share of Rs. 10/- (Rupees Ten Only) each for every 1 (one) existing fully paid-up equity share of Rs. 10/- (Rupees Ten Only) each, to the eligible equity shareholder," read V-Mart's BSE filing on Friday.

V-Mart Bonus Issue: How To Become Eligible?

To become eligible for bonus issue of shares by the company, it is important for investors to purchase the company scrip before the record date.

V-Mart Bonus Issue: What Is The Record Date?

A record date is fixed by a company to determine the eligibility of shareholders for corporate actions like dividend payment, bonus share issue, stock split, etc. V-Mart hasn't announced any record date for bonus issue till now.

"The record date for reckoning eligible shareholders entitled to receive bonus shares will be communicated later," read a statement by V-Mart.

V-Mart Share Price Trend

The company scrip closed in green after reporting profitability during the March quarter. The stock value has increased nearly 2.94% in BSE during one month, against the 5.07% increase in the value of Sensex. Additionally, its stock price value has declined nearly 13% year to date (YTD), but its value has increased by 54% in one year.

V-Mart Q4 Result

The BSE smallcap company had reported an annual increase in its revenue, net profit, EBITDA and other financial indicators. Its revenue from operations increased by 17% YoY to Rs 780 crore in the March quarter against Rs 669 crore reported in Q4FY24. V-Mart's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) surged 70% year on year (YoY) to Rs 68 crore. The company's total profit after tax in FY25 stood at Rs 46 crore against a net loss of Rs 97 crore reported in FY24.

"The Company remains focused on its store expansion plan, opening 13 new stores and closing 4 stores during the quarter. For the full year FY25, it added 62 new stores and closed 9," read press release by V-Mart.

V-Mart Apparel and fashion store chain was established in 2002. The retail chain owns a large variety of products including fashion apparel, footwear, home furnishing, general merchandise and grocery items. The retail brand mainly focused on tier-II and tier III cities. According to V-Mart, the company has a pan-India presence with an average store size of 8,000 square feet.