Edelweiss Financial Services Limited has informed the Exchange regarding 'Recommendation of Dividend'.
EDELWEISS · price
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Edelweiss Financial Services has announced a dividend recommendation of ₹1.50 per equity share (face value ₹1 each), pending shareholder approval at the Annual General Meeting. For FY2026, the company reported strong consolidated PAT growth of 27% YoY reaching ₹680 crore (pre-MI) and 37% growth to ₹547 crore (post-MI). Total consolidated revenue stood at ₹10,865 crore. Basic EPS improved from ₹5.89 to ₹7.23. The customer base grew 31% YoY to nearly 14 million, while customer assets increased 11% to ₹2.4 trillion. The board also approved audited financial results with an unmodified opinion from auditors Nangia & Co. LLP. Additionally, Mr. Rajiv Jalota was appointed as Independent Director while Mr. Ashok Kini resigned due to personal health reasons.
The dividend recommendation reflects the company's improved profitability and strong financial performance. Shareholders can expect positive sentiment given the 27% PAT growth and expansion in customer franchise, though the actual dividend amount of ₹1.50 per share represents a modest absolute payout.