The Board has recommended Final Dividend of 5% per equity of face value of Re. 01/-.
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Comfort Intech's Board approved FY26 audited results showing standalone revenue of Rs. 16,916 lakh and PBT of Rs. 292.55 lakh, significantly down from Rs. 988.34 lakh in FY25 due to adverse global economic conditions and geopolitical uncertainties. The Board recommended a final dividend of Rs. 0.05 per share (5% on face value of Re. 1), subject to shareholder approval at the ensuing AGM. The Company Secretary, Mr. Omkar M. Mistry, resigned citing personal reasons. Separately, the Board is evaluating expansion into defence and paramilitary supply segments via Canteen Stores Department (CSD) and other military canteen networks.
The modest 5% dividend on Re. 1 face value is unlikely to significantly move the stock. The sharp decline in profitability and resignation of the Company Secretary may create short-term negative sentiment despite the diversification plans.