The Board has recommended a Dividend of Rs.25/- per equity share of face value of Rs.10/- each for the financial year ended March 31, 2026, subject to approval of the Members of the Company ....
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ADC India Communications' Board has recommended a dividend of Rs.25 per equity share (250% of face value Rs.10) for FY ended March 31, 2026, subject to shareholder approval at the 38th AGM on August 7, 2026. The record date for dividend entitlement is July 31, 2026, with payment within 30 days of AGM. For FY26, the company reported total revenue of Rs.20,006.36 Lakhs (up 7% from Rs.18,710.17 Lakhs in FY25) but net profit after tax declined to Rs.1,892.70 Lakhs from Rs.2,445.76 Lakhs in FY25. EPS for FY26 stands at Rs.41.15 compared to Rs.53.17 in FY25. The statutory auditors issued an unmodified audit opinion on the financial results. Additionally, Ms. Geetha Desikachari has been appointed as Company Secretary and Compliance Officer effective June 1, 2026, succeeding Mr. R. Ganesh who retired on May 31, 2026.
The maintained dividend despite a 23% decline in net profit signals management confidence in future cash flows, which could be positive for shareholder sentiment. However, investors should note the declining profitability trend and monitor if this affects future dividend sustainability.