Board of Directors has recommended the final dividend of Rs. 3.27/- per share for FY 2025-26, subject to Shareholders approval at ensuing Annual General Meeting
DIVGIITTS · price
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Divgi TorqTransfer Systems board has recommended a final dividend of Rs. 3.27 per equity share (face value Rs. 5) for FY 2025-26, up from Rs. 2.60 per share in the previous year (FY 2024-25), representing a ~25.8% increase. The dividend is subject to shareholder approval at the ensuing AGM. The company also reported strong full-year results with total income of Rs. 3,751.71 million (up 56% YoY) and net profit of Rs. 469.26 million (up 92% YoY). EPS for FY 2025-26 stood at Rs. 15.34 versus Rs. 7.98 in FY 2024-25. Additionally, the board approved setting up a wholly-owned subsidiary in the USA with an initial investment of up to Rs. 3 crore.
The dividend increase signals strong financial performance and cash generation. Shareholders can expect an improved return, though the exact yield depends on the prevailing stock price.