Record date for dividend fixed on Thursday, 30th July 2026.
CHEVIOT · price
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Cheviot Company Ltd's Board approved FY2026 audited standalone financial results showing total income of ₹5,498.33 Cr, up 17% from ₹4,684.46 Cr in FY2025. However, net profit after tax declined to ₹516.92 Cr from ₹577.42 Cr, with EPS falling to ₹88.48 from ₹98.08. The Board recommended a final dividend of ₹25 per share (250% on face value of ₹10), totaling approximately ₹14.60 Cr, subject to shareholder approval at the AGM on 6th August 2026. The record date for determining dividend entitlement is fixed as 30th July 2026, with dividend payment scheduled for 11th August 2026. The statutory auditors issued an unmodified opinion on the financial statements.
The company reported higher revenue but lower profitability year-on-year, while maintaining its dividend payout at a generous ₹25 per share. The dividend declaration signals management confidence in the company's financial position, though declining profits may warrant attention from investors.