Outcome of the meeting of Board of Directors of the Company held on Thursday, May 14, 2026.
CEINSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ceinsys Tech Ltd reported strong FY2026 results with standalone revenue growing 59% to Rs. 6,352 Lakhs and profit after tax nearly doubling to Rs. 1,542 Lakhs from Rs. 814 Lakhs. Consolidated revenue reached Rs. 6,607 Lakhs with PAT of Rs. 1,572 Lakhs. The Board recommended a final dividend of Rs. 3.50 per share (35% on face value). They approved variation in utilization of funds from the Rs. 6,169 Lakhs preferential issue and Rs. 17,337 Lakhs warrant conversion (currently Rs. 2,351 Lakhs unutilized). PwC Services LLP was appointed as internal auditor for FY27. VP Mr. Anand Paranjape will resign effective June 5, 2026. Postal ballot notices were approved for remuneration revisions of key management personnel.
The near-doubling of profits and maiden dividend signal strong financial health, likely positive for the stock. However, the fund utilization change and management changes warrant monitoring. The large unutilized proceeds from the preferential issue need careful tracking.