In the Board meeting held today, the audited financials for the year ended 31st March 2026 were adopted and declaration of dividend at the rate of Rs.13.50/- per share (of Rs.10/- each) ....
BIMETAL · price
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Bimetal Bearings Limited reported audited standalone revenue of Rs 29,698 lakh for FY2026, up ~24% from Rs 23,908 lakh in FY2025. Profit after tax grew to Rs 1,142 lakh from Rs 1,040 lakh (~9.8% YoY), while profit before tax rose to Rs 1,511 lakh from Rs 1,096 lakh (~37.8% YoY). On a consolidated basis including joint venture BBL Daido, PAT stood at Rs 1,172 lakh. The Board recommended a final dividend of Rs 13.50 per share (135%), up from Rs 12.25 per share in the prior year. Auditors Fraser & Ross LLP issued an unmodified opinion. The company adopted new Labour Codes with a one-time past service cost of Rs 50 lakh recognised as employee benefit expense.
Solid revenue growth and higher profitability signal healthy operational performance. The increased dividend reinforces positive sentiment. No auditor qualifications are a key comfort factor.