Pharma Company Confirms 1:2 Stock Split, Record Date Pending,Shares Soar 106% In A Year

The specialty chemicals and pharmaceutical intermediates manufacturer, Ami Organics, has announced a stock split in a 1:2 ratio. The decision was approved by the company's Board of Directors in a meeting held on February 21, 2025.

Stock Split Details

Ami Organics has officially announced its much-anticipated stock split, a move aimed at improving liquidity.
According to the official filing, the company said, "Sub-division/split of the existing 1 (one) equity share of the company having a face value of Rs. 10/- (Rupees Ten only) each fully paid-up, into 2 (two) equity shares having a face value of Rs. 5/- (Rupees Five only) each, fully paid-up, by alteration of the Capital Clause of the Memorandum of Association of the company, subject to approval of the shareholders by way of Postal Ballot and any regulatory/statutory approvals, as may be required under applicable laws. The record date for the purpose of the above-mentioned sub-division/split of equity shares shall be decided by the board after obtaining the approval of the shareholders and will be intimated in due course.

Ami Organics Share Price Movement

Following the stock split announcement, Ami Organics' stock zoomed massively. However, on Friday's closing, the stock declined by 2.30%, settling at Rs 2,230 per share. Despite this slight dip, the stock has maintained an overall upward trend, gaining 1.87% over the past week. In February alone, shares of AMI Organics have surged approximately 13%, reflecting positive investor sentiment. Over the last six months, the stock has delivered impressive gains of 68.78%. Furthermore, in the past year, it has more than doubled, offering a staggering 106% return, cementing its status as a multibagger stock.

Ami Organics Q3FY25 Financial Performance

Ami Organics delivered a stellar financial performance in Q3FY25, with its profit after tax (PAT) more than doubling to Rs. 45.4 crore, compared to Rs. 17.8 crore in the same quarter last year. This significant growth was fueled by strong operational efficiencies and an expanding business footprint.

The company posted an impressive 65.2% year-on-year (YoY) revenue growth, reaching Rs. 275 crore. In the first nine months of FY25, the company generated Rs. 698 crore in revenue-nearly matching its full-year revenue from the previous fiscal. Furthermore, Ami Organics reported a sharp 159% YoY increase in EBITDA, reaching Rs. 68.7 crore. Profitability also saw a marked improvement, with EBITDA margins expanding to 25% in Q3FY25, up from 15.9% in Q3FY24.