Board has recommended Final dividend subject to approval of Shareholders
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Denis Chem Lab Ltd has recommended a final dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10) for the financial year ended 31st March 2025, pending shareholder approval at the upcoming AGM. FY25 revenue from operations rose modestly to Rs. 17,329.97 lakh from Rs. 16,782.20 lakh in FY24, a growth of about 3.3%. However, net profit fell sharply to Rs. 807.58 lakh from Rs. 1,115.58 lakh, a decline of around 27.6%, with EPS dropping to Rs. 5.82 from Rs. 8.04. The company operates in a single segment, manufacturing and selling transfusion solutions in bottles. The auditor issued an unmodified opinion on the results.
Despite weaker profits, the board is maintaining a dividend payout, which signals continuity in shareholder rewards, though yield at the current market price remains uncertain. The sharp fall in net profit despite steady revenue is a concern, and an outstanding GST demand of Rs. 12.09 crore (under appeal) remains an overhang for the stock.