Board of Directors at their meeting held on 30th may, 2026 recommended final dividend of Rs.2.50/- per share(i.e..25%) on the face value of Rs.10/- per share.
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Apex Frozen Foods' Board meeting on 30 May 2026 approved audited FY2026 results and recommended a final dividend of Rs. 2.50 per share (25% on Rs. 10 face value), pending shareholder approval at the AGM. Full-year net profit surged nearly 10x to Rs. 3,884.76 lakhs from Rs. 387.65 lakhs in FY2025, driven by revenue growth of 14.5% to Rs. 93,113.75 lakhs. Operating cash flow was strong at Rs. 9,578.22 lakhs, up from Rs. 5,429.32 lakhs. The company also sharply reduced its short-term borrowings from Rs. 6,713.07 lakhs to Rs. 402.30 lakhs. Statutory auditors issued an unmodified (clean) opinion on the financial statements.
The 10x jump in annual earnings and strong cash generation signal a dramatic turnaround, making the dividend recommendation well-covered. The aggressive debt reduction strengthens the balance sheet. If the dividend is approved at the AGM, shareholders can expect a payout from this high-profitability year.