The Board of Directors of the Company at its meeting held on May 14, 2026 has recommended Final Dividend of Rs. 22/- per share for FY 2026.
GALAXYSURF · price
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Galaxy Surfactants' Board approved FY2026 standalone revenue of Rs.3,589 Cr (up ~20% YoY) and consolidated revenue of Rs.5,248 Cr. However, standalone PAT fell 12.5% to Rs.152 Cr and consolidated PAT dropped 12.3% to Rs.267 Cr, pressured by rising raw material costs and finance charges. The Board recommended a final dividend of Rs.22 per equity share (220% on Rs.10 face value), subject to shareholder approval at the August 12, 2026 AGM. This maintains the same Rs.22 dividend as the prior year despite lower profitability, indicating commitment to shareholder returns. The auditor issued an unmodified opinion on the annual financial results.
The dividend is maintained despite a ~12% profit decline, signaling confidence in the business; however, earnings compression may weigh on the stock near-term. The high 220% payout ratio on standalone profits warrants monitoring of free cash flow sustainability.