Outcome of Board Meeting held today i.e May 25, 2026 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
ELCIDIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Elcid Investments Ltd's Board approved audited financial results for FY2026 ended March 31. Standalone profit after tax fell 24.5% to Rs 7,622.80 lakh from Rs 10,097.15 lakh in FY2025, while consolidated PAT declined to Rs 10,852.04 lakh from Rs 15,299.56 lakh. Revenue from operations dropped significantly due to negative fair value changes on investments. The auditors issued an unmodified (clean) opinion on both standalone and consolidated results. The Board recommended a final dividend of Rs 25 per equity share (250% on face value of Rs 10), subject to shareholder approval. The company also appointed M/s Ravi Shah & Associates as internal auditor for FY2026-27.
The company reported a significant decline in profitability for FY2026, with PAT down about 25% on standalone basis. Despite lower earnings, the dividend recommendation signals the board's confidence, and the clean audit opinion provides assurance on financial reporting quality. However, the revenue decline may create near-term pressure on the stock.