Please find enclosed letter with respect to dividend declaration subject to shareholders approval in the ensuing AGM.
ELCIDIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Elcid Investments Ltd reported FY2026 audited results with consolidated revenue declining 36.6% to ₹13,396.92 lakhs (FY2025: ₹21,113.97 lakhs) primarily due to lower net gains on fair value changes. Consolidated PAT fell 29% to ₹10,852.04 lakhs from ₹15,299.56 lakhs. Standalone PAT was ₹7,622.80 lakhs vs ₹10,097.15 lakhs in prior year. The company declared an unmodified audit opinion and recommended a final dividend of ₹25 per equity share (250% on face value of ₹10) subject to shareholder approval at the ensuing AGM. M/s Ravi Shah & Associates was appointed as the new Internal Auditor for FY2026-27.
Significant revenue and profit decline reflects lower investment gains and market valuation losses. The company continues to pay dividends despite reduced earnings, indicating management confidence. Fair value changes in OCI remained highly negative, impacting total comprehensive income.