Board recommended a dividend of Rs. 0.35 per Equity share of Rs. 10/- each
ATAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Atam Valves Limited's Board has recommended a final dividend of Rs. 0.35 per equity share (3.5% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company reported standalone revenue of Rs. 4,729.75 lakhs for the year, down from Rs. 6,050.01 lakhs in the previous year. Profit after tax declined significantly to Rs. 241.54 lakhs from Rs. 632.05 lakhs, with EPS dropping to Rs. 2.11 from Rs. 5.50. Total dividend outflow would be approximately Rs. 40.12 lakhs, compared to Rs. 67.06 lakhs paid in the previous year. The auditors issued an unmodified opinion on the financial statements.
The dividend represents a meaningful return to shareholders despite a significant decline in profitability. The reduced dividend (from Rs. 67.06 lakhs to ~Rs. 40.12 lakhs) aligns with lower earnings and signals prudent capital allocation amid reduced profits.