Alicon Castalloy Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2026, declared Interim Dividend of Rs. 2 per equity share.
ALICON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Alicon Castalloy Limited reported audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue from operations grew to Rs. 1,66,074 lakhs from Rs. 1,52,588 lakhs in the previous year. However, standalone net profit declined to Rs. 3,287 lakhs from Rs. 3,794 lakhs. Consolidated revenue increased to Rs. 1,77,573 lakhs from Rs. 1,72,036 lakhs, but consolidated net profit fell to Rs. 3,444 lakhs from Rs. 4,606 lakhs. The Board declared an interim dividend of Rs. 2 per equity share (40% on Rs. 5 face value) for FY 2025-26, with May 19, 2026 as the record date. The company also appointed M/s P.G. Bhagwat LLP as internal auditor for FY 2026-27.
The dividend declaration is positive for shareholders, though the company experienced profit decline year-on-year. The 40% payout ratio is sustainable given the earnings per share of Rs. 21.09 on a consolidated basis.