The Board of Directors at its Meeting held today recommended a dividend of Rs. 50/- per equity share (500%) subject to approval of shareholders at the AGM
BENGALASM · price
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The Board of Directors of Bengal & Assam Company Ltd, at its meeting held on May 29, 2025, recommended a dividend of Rs. 50 per equity share (500%) on a face value of Rs. 10 for the financial year ended March 31, 2025. The dividend is subject to shareholder approval at the upcoming AGM and will be paid within 3-4 weeks of its conclusion. On a standalone basis, total income rose modestly to Rs. 16,610.45 lakhs from Rs. 15,958.07 lakhs, while profit after tax was nearly flat at Rs. 11,450.81 lakhs versus Rs. 11,574.78 lakhs in FY24. The auditors, V. Singhi & Associates, issued an unmodified (clean) opinion on both standalone and consolidated results. Note that consolidated figures are not comparable year-on-year because JK Tyre & Industries ceased to be a subsidiary and was reclassified as an associate effective December 23, 2023.
The 500% dividend is very generous and indicates strong cash generation, likely to attract income-focused investors and provide short-term price support. With standalone PAT of around Rs. 11,450 lakhs, the dividend payout ratio is roughly 49%, suggesting the company can sustain returns while retaining earnings for growth.