Deccan Cements Limited has informed the Exchange about change in Management
DECCANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deccan Cements reported standalone profit after tax of Rs 2,859.12 lakhs for FY 2025-26, more than 3.7x compared to Rs 753.30 lakhs in the previous year. Revenue from operations grew 20.6% to Rs 63,561.42 lakhs from Rs 52,697.72 lakhs. EPS improved significantly to Rs 20.41 from Rs 5.38. The Board recommended a dividend of Rs 0.50 per share (10%) subject to shareholder approval. An exceptional gain of Rs 1,284.07 lakhs was recognised from sale of land at Solipet village. Operating cash flow was strong at Rs 7,558.35 lakhs. Statutory auditors M/s M. Anandam & Co issued an unmodified opinion. Cost auditors M/s Aruna Prasad & Co and internal auditors M/s M Bhaskara Rao & Co were appointed for FY 2026-27. Note 8 flags that CEO remuneration of Rs 194.59 lakhs requires shareholder approval due to inadequate profits.
Strong financial turnaround with profit tripling and revenue growth driven by the cement sector. The land sale exceptional item boosted profits. Shareholders will vote on CEO remuneration at the AGM which could be a minor concern. No actual management changes were reported despite the filing category.