Board of Directors had recommended a dividend of Re.0.40 (40%) per equity share of Re.1/- each for the F. Y 2025-26, subject approval of members at the ensuing Annual General Meeting.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ASI Industries Ltd reported audited financial results for FY 2025-26 with revenue from operations declining to Rs. 14,941.44 Lakhs from Rs. 15,476.56 Lakhs in the previous year (down ~3.5%). Profit after tax (PAT) fell to Rs. 2,269.48 Lakhs versus Rs. 2,544.92 Lakhs in FY 2024-25, representing an ~10.8% decline. EPS for the year stood at Rs. 2.52 compared to Rs. 2.83 in the prior year. The Board recommended a dividend of Rs. 0.40 per equity share (40% on face value of Re. 1), subject to shareholder approval at the AGM. Statutory auditors issued an unmodified (clean) audit opinion. The company operates in a single reportable segment - Mining & Processing of Natural Stone.
The decline in both revenue and profitability is a concern for shareholders. Despite this, the company continues to reward shareholders with dividend payout. The stock may face selling pressure due to negative earnings growth, though the continued dividend provides some support.