Banswara Syntex Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Re. 1 per equity share.
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On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.8 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Banswara Syntex Limited held its Board meeting on May 19, 2026 and approved the audited financial results for FY2026. Standalone revenue from operations grew to Rs 1,35,578.44 lakhs from Rs 1,29,169.62 lakhs in the previous year, while standalone profit after tax increased to Rs 2,840.20 lakhs from Rs 2,139.11 lakhs (up 33%). Consolidated profit after tax stood at Rs 3,120.05 lakhs. The Board recommended a final dividend of Rs 1 per equity share (face value Rs 5) for FY2025-26, subject to shareholder approval at the AGM, resulting in a cash outflow of Rs 342.32 lakhs. Other key decisions include re-appointment of key executive directors (Rakesh Mehra, Ravindrakumar Toshniwal, Shaleen Toshniwal) for 3 years, appointment of Udeypaul Singh Gill as Independent Director, change in Registrar and Share Transfer Agent to Bigshare Services, and resignation of Company Secretary Ketan Kumar Dave.
The company showed strong profit growth year-on-year. The dividend of Rs 1 per share represents consistent payout at the same level as previous year (Rs 342.32 lakhs cash outflow). Shareholders can expect modest positive sentiment from healthy earnings growth, though the dividend amount is modest.