Outcome of Board Meeting
APTECHT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aptech Limited's Board approved audited financial results for FY2026 (year ended March 31, 2026). Consolidated revenue grew 12% to Rs. 50,342.50 lakhs, driven by strong performance across retail and institutional segments. However, standalone profit after tax declined 21% to Rs. 1,982.45 lakhs due to higher employee costs, one-time impact of new labour codes (Rs. 1,457 lakhs exceptional item), and increased allowance for expected credit losses. The Board declared an interim dividend of Rs. 4.5 per share (45% of face value), totalling approximately Rs. 2,610 lakhs in dividend payout. Separately, promoter group member Mr. Utpal Sheth requested reclassification to public category, subject to shareholder and regulatory approvals. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financial statements.
Despite revenue growth, declining profitability and EPS (from Rs. 4.65 to Rs. 3.47) may disappoint shareholders. The maintained dividend provides some support. The promoter reclassification request, if approved, could alter the company's shareholding structure going forward.