Century Enka Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 11 per equity share.
CENTENKA · price
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Century Enka's Board meeting on May 21, 2026 approved audited FY2026 results showing standalone net profit of Rs. 10,169 Lacs, up 52% from Rs. 6,710 Lacs in FY2025. Revenue from operations stood at Rs. 1,70,541 Lacs versus Rs. 2,00,169 Lacs previous year. The Board recommended a final dividend of Rs. 11 per equity share (110% on Rs. 10 face value), increased from Rs. 10 per share in FY2025, representing a 10% dividend increase. EPS improved to Rs. 46.54 from Rs. 30.71. The Board also approved appointment of M/s Singhi & Co. as new statutory auditors for 5 years and redesignated Mr. Suresh Sodani as MD & CEO. Auditors issued an unmodified opinion.
The 52% rise in net profit and 10% dividend increase signals strong financial health and shareholder-friendly policies, which could positively influence investor sentiment. The stock may see upward movement given robust earnings growth despite lower revenue.