GATEWAYNSEGateway Distriparks LimitedHighPositive
Announced Tue, 29 Jul · 13:43 IST

Gateway Distriparks Limited has informed the Exchange that Record date for the purpose of Dividend is 02-Aug-2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Gateway Distriparks, at its meeting on July 29, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) and declared a First Interim Dividend of Rs. 1.25 per share (12.5%) on the equity share of face value Rs. 10, totaling Rs. 6,245.55 lakhs in payout. The record date has been fixed as August 2, 2025, and the dividend will be paid within 30 days (by August 27, 2025). On a consolidated basis, revenue from operations rose to Rs. 55,042.96 lakhs versus Rs. 35,310.80 lakhs in Q1 FY25, and profit for the period stood at Rs. 6,218.47 lakhs (vs Rs. 4,907.37 lakhs), translating to an EPS of Rs. 1.20 (vs Rs. 0.97). The YoY growth is aided by Snowman Logistics becoming a subsidiary from December 24, 2024, making the comparison not strictly like-for-like. The statutory auditor issued a qualified review report mainly due to the ongoing benami property matter involving Rs. 866.25 lakhs in advances for the Jaipur ICD project.

Likely market impact

The Rs. 1.25 per share interim dividend is a positive cash return to shareholders, and the strong top-line growth shows benefits from the Snowman consolidation. Investors should keep an eye on the auditor's qualified opinion, the benami property proceedings, and pending SEIS-related customs demands, which together represent a meaningful overhang on the stock.