Board has considered and recommended Final Dividend of Re. 1/- per equity share of face value of Rs. 2/- each for the financial year ended March 31, 2026.
DAMCAPITAL · price
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DAM Capital Advisors Board has recommended a final dividend of Rs. 1 per equity share (face value Rs. 2) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company posted consolidated net profit of Rs. 72.69 crore for FY 2026, down from Rs. 103.78 crore in FY 2025 (approx 30% decline). Total consolidated revenue was Rs. 237.11 crore vs Rs. 248.35 crore YoY. The stockbroking segment reported a loss of Rs. 5.15 crore while investment banking contributed Rs. 87.60 crore profit. The dividend will be paid within 30 days of shareholder declaration, with record date to be announced separately. The company also reappointed its MD & CEO Dharmesh Mehta for 5 years and appointed PwC as internal auditor.
The recommended dividend signals management confidence despite a YoY decline in profits. Dividend payout represents 50% of face value, and if approved, will provide shareholder returns. Record date announcement will be the next catalyst for investor attention.