Malardshir Annual General Meeting Report: 51 IRR Dividend Approved Amid Strong Financial Growth in FY 2024

The Annual General Meeting (AGM) of Malardshir Agro-Industrial Company, a subsidiary of Tadico Holding, was held on June 1, 2025 (12 Khordad 1404) with full participation of shareholders.

During the session, the financial statements for the fiscal year ending March 2025 were approved, and a cash dividend of 51 IRR per share was ratified. The net retained earnings stood at 55%, reflecting the company’s robust performance over the past year.
According to the comprehensive performance report presented by the company’s management, Malardshir experienced significant growth in key financial indicators:
Operating revenue reached IRR 77.1 trillion, marking a 24% year-on-year increase
Operating profit surged to IRR 8.5 trillion, representing a 55% growth
Gross profit increased by 25%, totaling IRR 10.2 trillion
Earnings per share (EPS) rose to 73 IRR, a 25% increase compared to the previous year
Total assets grew to IRR 230 trillion
Looking ahead, the management emphasized a development-oriented roadmap focused on efficiency, infrastructure modernization, and project-based growth. Key strategic priorities currently underway include:
Capital increase and financial structure optimization
Financing through bank loans and capital market instruments
Commissioning of major projects such as a feed production plant, 300-head free-stall barn, new calf unit, and a 90,000-cubic-meter reservoir
Completion of the 6,000-head Malayer dairy project
Execution of smaller development initiatives and equipment modernization
Internal gas network construction and expanded import of essential livestock inputs
Establishment of an industrial wastewater treatment facility to enhance environmental sustainability
This forward-looking AGM underscored Malardshir’s readiness for a new phase of sustainable profitability and strategic positioning in Iran’s agricultural and livestock sector.