Synopsis:
Kretto Syscon Limited has set August 25, 2025, as the record date to determine shareholder eligibility for 2:25 bonus equity shares.
This Penny Realty Stock under Rs. 2, engaged in real estate development and providing software design, customization, IT solutions, and computer hardware services for residential, commercial, and technology clients, hit a 5 percent upper circuit after the company’s board set a record date for a 2:25 bonus issue.
With a market capitalization of Rs. 113.52 crores, the shares of Kretto Syscon Limited hit a 5 percent upper circuit of Rs. 1.81 per share on Wednesday, up from its previous closing price of Rs. 1.73 per share.
What is the news?
Kretto Syscon Limited’s Board of Directors has fixed Monday, August 25, 2025, as the Record Date for determining the eligibility of shareholders for the allotment of Bonus Equity Shares, as approved by the shareholders through Postal Ballot on August 16, 2025.
The bonus shares were approved during a meeting held on Tuesday, July 15, 2025, at the Company’s Registered Office. The board has decided to issue bonus shares at a ratio of 2:25, meaning that shareholders will receive two new fully paid-up equity shares of Rs. 1 each for every twenty-five existing fully paid-up equity shares they hold.
Company Overview
Kretto Syscon Limited is an Indian company specializing in both real estate development and technology solutions. It was established in 1994 and was formerly known as Ideal Texbuild Limited until the name changed in 2017.
The company focuses on purchasing and developing residential and commercial properties across India, including office complexes and rural and urban land. Besides real estate, Kretto Syscon is involved in software design, development, and maintenance, offering custom software solutions and IT services on a subcontracting basis.
Kretto Syscon Limited’s technology services cover areas such as HR, payroll, and insurance claims software, along with computer hardware manufacturing and maintenance. The company also develops and distributes application software for domestic and offshore clients.
Recent quarter results
Coming into financial highlights, Kretto Syscon Limited’s revenue has increased from Rs. 1.03 crore in Q1 FY25 to Rs. 2.76 crore in Q1 FY26, which has grown by 167.96 percent. The net profit has also grown by 207.35 percent from Rs. 0.68 crore in Q1 FY25 to Rs. 2.09 crore in Q1 FY26. Kretto Syscon Limited’s revenue and net profit have grown at a CAGR of 46.63 percent and 184.16 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 12.9 percent and 9.76 percent, respectively. Kretto Syscon Limited has an earnings per share (EPS) of Rs. 0.07, and its debt-to-equity ratio is 0.01x.
Written By – Nikhil Naik
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