ALICONNSEAlicon Castalloy Limited· Auto AncillariesHighPositive
Announced Tue, 12 May · 18:22 IST

Alicon Castalloy Limited has informed the Exchange that Record date for the purpose of Dividend is 19-May-2026.

Dividend CutCorporate Actions View source PDF

ALICON · price

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Price reaction · full curve 14 horizons · vs prior close
-8.7%1-day move
₹725.10
prior close
₹706.05
base price
After-mkt
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-2.0-3.3-2.2-0.1-8.7-9.3-11.3-10.2-10.1-9.9-9.6-10.3-12.6
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AI summary

Alicon Castalloy Limited declared an interim dividend of Rs 2 per equity share (40% on face value of Rs 5) for FY 2025-26, with record date fixed as 19th May 2026. The company reported standalone revenue of Rs 1,66,074 lakhs and consolidated revenue of Rs 1,77,573 lakhs for FY2026, both showing growth from prior year. However, consolidated net profit declined to Rs 3,444 lakhs from Rs 4,606 lakhs in FY2025, representing a 25% decrease. EPS dropped to Rs 21.09 from Rs 28.36. The board also appointed M/s P.G. Bhagwat LLP as internal auditor for FY 2026-27. The company operates only in aluminum castings segment and has subsidiaries including Alicon Holding GmbH.

Likely market impact

The dividend declaration signals management confidence in cash flows despite a significant profit decline. The 25% drop in net profit may concern investors, though the interim dividend payout suggests adequate liquidity. Shareholders on record as of 19th May 2026 will receive the Rs 2 per share dividend.