GUJAPOLLONSEGujarat Apollo Industries Limited· EngineeringHighPositive
Announced Sat, 30 May · 18:54 IST

Gujarat Apollo Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2026, recommended Final Dividend of Rs. 2 per equity share.

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GUJAPOLLO · price

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AI summary

Gujarat Apollo Industries Limited's Board of Directors meeting on May 30, 2026 recommended a Final Dividend of Rs. 2 per equity share (20% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company posted standalone revenue from operations of Rs. 3,167.03 Lakhs and consolidated revenue of Rs. 5,298.32 Lakhs for FY 2026. Standalone Profit After Tax stood at Rs. 214.16 Lakhs while consolidated PAT was Rs. 515.64 Lakhs. The company also raised Rs. 34.16 Crore through a preferential issue in October 2025. Auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results.

Likely market impact

The dividend recommendation is positive for shareholders, though the amount is modest. The company shows improved profitability on consolidated basis but standalone performance declined significantly year-over-year, which investors should monitor.