Divgi Torqtransfer Systems Limited has informed the Exchange that Board of Directors at its meeting held on May 25, 2026, recommended Final Dividend of Rs. 3.27 per equity share.
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Divgi TorqTransfer Systems Limited's Board recommended a final dividend of Rs. 3.27 per equity share (face value Rs. 5) for FY2025-26, representing a 25.8% increase from the previous year's Rs. 2.60 per share. The company reported strong financial performance with revenue from operations growing 61% year-on-year to Rs. 3,528.88 million, while net profit nearly doubled to Rs. 469.26 million from Rs. 243.92 million. Earnings per share improved significantly to Rs. 15.34 compared to Rs. 7.98 in the prior year. The Board also approved plans to incorporate a wholly-owned subsidiary in the United States of America with an initial investment of up to Rs. 3 crores to handle business development, sales, marketing, and distribution activities. The dividend is subject to shareholder approval at the ensuing Annual General Meeting.
The 25.8% dividend increase reflects the company's strong earnings growth and signals confidence in sustained financial performance. The expansion into the US market through a new subsidiary could open additional revenue streams, making this a positive development for shareholders.