BEPLNSEBhansali Engineering Polymers Limited· PetrochemicalsMediumNeutral
Announced Fri, 24 Apr · 19:16 IST

Board at its meeting held today approved the re-appointment of Mr. Dilip Krushnarao Shendre (DIN: 10566412) as the Whole - Time Director of the Company for a period of 3 years w.e.f.1st April, 2027 to 31st March, 2030 subject to the approval of Members in the ensuing AGM.

Management Changes View source PDF

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AI summary

Bhansali Engineering Polymers reported FY2026 standalone revenue of Rs 12,760 crore (down from Rs 13,974 crore in FY25) with net profit of Rs 1,804.65 lakh and EPS of Rs 7.25. The Board approved audited Q4 & FY2026 results and recommended a final dividend of Rs 1 per share (100%), bringing total FY dividend to Rs 4 per share (400%) including 3 interim dividends. The company also re-appointed Mr. Dilip Krushnarao Shendre as Whole-Time Director for 3 years from April 2027 to March 2030, subject to shareholder approval at the July 2026 AGM. Capacity expansion at Satnoor plant from 75,000 TPA to 100,000 TPA is on track for September 2026 completion. Cash and bank balances stand strong at Rs 3,868 crore.

Likely market impact

Positive for shareholders - strong cash position, consistent dividend payouts, and management continuity through director re-appointment. Capacity expansion underway should drive future growth.