Apex Frozen Foods Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2026, recommended Final Dividend of Rs. 2.5 per equity share.
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Apex Frozen Foods reported strong FY2026 results with net profit surging to Rs. 3,884.76 Lakhs, a massive jump from Rs. 387.65 Lakhs in FY2025 (nearly 10x increase). Revenue from operations grew 14.4% to Rs. 93,113.75 Lakhs. The Board recommended a final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10), subject to shareholder approval at the AGM. The company also reduced its qualified borrowings significantly from Rs. 5.52 Crores to Rs. 1.65 Crores during the year. Statutory auditors issued an unmodified opinion on the financial statements.
The exceptional jump in net profit and consistent dividend payment signal financial strength. The 25% dividend payout on a small-cap stock could attract income-focused investors, though the high payout ratio warrants monitoring.