Board Recommended a dividend of Rs. 5/- per share of Rs.10 each for the year ended 31st March 2026, subject to approval of shareholders at the ensuing annual general meeting
ALPHAGEO · price
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Alphageo (India) Ltd Board has recommended a dividend of Rs 5 per equity share (50% on face value of Rs 10) for FY 2025-26, subject to shareholder approval at the AGM. Despite the company reporting significant losses—standalone net loss of Rs 1,429.49 lakhs and consolidated net loss of Rs 1,394.64 lakhs for the year—the Board proceeded with the dividend recommendation. Revenue from operations grew to Rs 10,972.04 lakhs (standalone) from Rs 9,096.27 lakhs in the previous year. The company maintains strong cash reserves with closing cash and equivalents of Rs 3,041.96 lakhs (standalone) and Rs 7,431.79 lakhs (consolidated), providing liquidity to support the dividend payout.
The dividend is being paid despite ongoing losses, indicating the Board's confidence in the company's cash position. The modest Rs 5 per share dividend (vs Rs 509.18 lakhs total paid last year) is likely sustainable given the company's cash reserves, but the persistent losses may concern long-term investors.