DECCANCENSEDeccan Cements Limited· Cement And Cement ProductsMediumPositive
Announced Fri, 29 May · 13:42 IST

Deccan Cements Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 0.50 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-4.0%1-day move
₹625.00
prior close
₹628.85
base price
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AI summary

Deccan Cements Limited reported strong financial performance for FY 2025-26 with revenue from operations growing 20.6% to Rs. 63,561.42 lakhs from Rs. 52,697.72 lakhs in the previous year. Net profit more than tripled to Rs. 2,859.12 lakhs compared to Rs. 753.30 lakhs in FY 2024-25. The Board recommended a final dividend of Rs. 0.50 per equity share (10% on face value of Rs. 5), subject to shareholder approval at the 46th AGM. The company also recognized an exceptional gain of Rs. 1,284.07 lakhs from sale of land at Solipet village. Statutory auditors gave an unmodified opinion on the standalone and consolidated financial results.

Likely market impact

The 3.8x increase in net profit and 10% dividend payout reflects improved operational performance, though the dividend amount remains modest relative to company size. Shareholders can expect the dividend to be paid upon AGM approval.