Galaxy Surfactants Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 22 per equity share for FY 26.
GALAXYSURF · price
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On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.2 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Galaxy Surfactants board has recommended a final dividend of Rs. 22 per equity share (220% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM on August 12, 2026. Standalone revenue grew 19.6% to Rs. 3,589 Crores, but profit after tax declined 12.5% to Rs. 152 Crores due to higher raw material costs. Consolidated revenue rose 24.3% to Rs. 5,248 Crores with PAT down 12.3% to Rs. 267 Crores. The auditors gave an unmodified opinion on both standalone and consolidated annual results.
Despite profit decline, the dividend payout signals management confidence. The stock may see neutral reaction as the lower earnings offset the shareholder-friendly dividend. Current market price data would be needed to assess dividend yield attractiveness.