Outcome of the Board Meeting held on 29th May 2026
DECCANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deccan Cements Limited reported audited financial results for FY 2025-26 with standalone revenue from operations growing 20.6% to Rs 63,561 lakhs from Rs 52,698 lakhs in the previous year. Profit after tax surged 280% to Rs 2,859 lakhs from Rs 753 lakhs, boosted by an exceptional gain of Rs 1,284 lakhs from land sale. Without this exceptional item, PBT would have been lower. Finance costs more than doubled to Rs 2,728 lakhs due to increased borrowings. The company recommended a dividend of Rs 0.50 per share (10%) subject to shareholder approval. Statutory auditors issued an unmodified opinion. New auditors were appointed - Aruna Prasad & Co as Cost Auditors and M Bhaskara Rao & Co as Internal Auditors for FY 2026-27.
Strong bottom-line growth driven by land sale gains masks underlying operational strength. Investors should note the significant increase in finance costs and the need for shareholder approval on managerial remuneration. The clean audit report and dividend recommendation are positives.