The Board of Director has declared interim dividend of Rs. 5 per equity share for the FY 2025-26
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The board has declared an interim dividend of Rs. 5 per equity share (50% on face value of Rs. 10) for FY 2025-26, with May 2, 2025 fixed as the record date. The board also approved the annual audited financial results for Q4 and FY ended March 31, 2025, with auditors giving an unmodified opinion. For FY25, revenue from operations stood at Rs. 232.66 crore (up from Rs. 228.50 crore) while profit after tax was Rs. 28.75 crore (down from Rs. 29.71 crore in FY24); EPS for FY25 was Rs. 5.57. The company also appointed Makarand M. Joshi & Co. as secretarial auditors for a 5-year term (FY26 to FY30). Forbes Precision was listed on BSE in June 2024 following the demerger of the precision tools business from Forbes & Company.
The Rs. 5 interim dividend rewards shareholders but the company just began its post-demerger life, so there is limited history to gauge dividend sustainability. Q4 FY25 earnings showed steady revenue growth though FY25 net profit dipped slightly versus the prior year.