Cheviot Company Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, declared Select Dividend of Rs. 25 per equity share.
CHEVIOT · price
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Cheviot Company Limited's Board of Directors, at its meeting on 21 May 2026, recommended a final dividend of ₹25 per equity share (250% on face value of ₹10) on 58,41,875 fully paid-up shares, aggregating to ₹14.60 crore. This is subject to shareholder approval at the ensuing AGM scheduled for 6 August 2026, with the record date fixed as 30 July 2026 and payment likely from 11 August 2026. The company also reported audited standalone FY2026 results: total income of ₹5,498.33 crore and profit after tax of ₹516.92 crore, with an unmodified audit opinion from Singhi & Co. Full-year EPS stood at ₹88.48 per share.
The dividend of ₹25 per share signals strong cash generation and a shareholder-friendly stance. With no immediate corporate actions like buybacks or bonuses, the payout provides income to investors while awaiting the AGM vote. The financial results show resilience despite a marginal dip in net profit compared to the prior year (₹577.42 crore in FY2025).