Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Duncan Engineering Ltd reported audited FY2026 results with revenue from operations declining 4.8% to Rs. 8,067.35 Lakhs from Rs. 8,471.35 Lakhs in FY2025. Profit after tax fell 6.7% to Rs. 486.01 Lakhs from Rs. 521.07 Lakhs, while PBT decreased to Rs. 653.08 Lakhs from Rs. 674.76 Lakhs. Basic EPS stood at Rs. 13.15 vs Rs. 14.10 previously. The statutory auditors issued an unmodified (clean) opinion on the financial statements. The Board recommended a final dividend of Rs. 3 per share (30%) subject to shareholder approval. The company also re-appointed Mr. Akshat Goenka as Managing Director for 3 years and reappointed Pipalia Singhal & Associates as Internal Auditor. A new wholly owned subsidiary in Saudi Arabia was incorporated in December 2025 but has not commenced operations.
Revenue and profit both declined year-on-year, indicating pressure on operational performance. However, the clean audit opinion and dividend recommendation provide some stability for shareholders.