Recommendation of Dividend of 30% (Rs.0.30 per share) for the F.Y. 31st March, 2026
FOODSIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Foods & Inns Ltd's Board recommended a dividend of 30% (Rs.0.30 per equity share of face value Rs.1) for FY ended March 31, 2026, subject to shareholder approval. The company reported FY'26 revenue of Rs.809 crore, down 14% from Rs.938 crore in FY'25, with net profit falling 30% to Rs.3,136 lakh from Rs.4,473 lakh. Q4 sales volumes declined 9% YoY, impacted by geopolitical tensions, while average realizations dropped ~25% as inventory from the 2025 crop season was sold at lower raw material costs. The company maintained the same dividend rate as the previous year despite lower profitability.
The consistent 30% dividend signals management's confidence in cash flow generation even as profits declined sharply. Shareholders can expect dividend income, but the reduced earnings may limit near-term stock price appreciation. The high payout ratio relative to earnings could raise concerns about sustainability.