Birla Cable Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2026, recommended Final Dividend of Rs. 1.25 per equity share.
BIRLACABLE · price
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Birla Cable Limited's Board meeting on May 22, 2026 approved audited financial results for FY2026. Standalone revenue from operations grew 16.6% year-on-year to Rs. 77,111.40 lakhs, while net profit surged 235% to Rs. 1,686.78 lakhs from Rs. 503.11 lakhs. Basic EPS improved significantly to Rs. 5.62 from Rs. 1.68. The Board recommended a final dividend of Rs. 1.25 per equity share (12.50% on face value of Rs. 10), subject to shareholder approval at the 34th AGM. Total dividend outflow would be Rs. 375 lakhs on 3 crore shares. Additionally, the Board approved a Scheme of Amalgamation with Vindhya Telelinks Limited (Transferee Company), with a share exchange ratio of 10 shares of Vindhya Telelinks for every 115 shares of Birla Cable, effective April 1, 2026.
Strong financial performance with over 3x profit growth and a modest dividend payout signals confidence in the company's outlook, though the dividend amount is relatively small. The upcoming amalgamation with Vindhya Telelinks adds strategic significance for shareholders.