Himatsingka Seide Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Rs. 0.25 per equity share.
HIMATSEIDE · price
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Himatsingka Seide Limited's Board of Directors has approved the audited financial results for FY 2025-26 and recommended a final dividend of Rs. 0.25 per equity share (5% of face value Rs. 5). Standalone revenue declined to Rs. 1,88,240 Lacs from Rs. 2,22,049 Lacs in the previous year. Standalone profit after tax fell to Rs. 6,013 Lacs from Rs. 14,669 Lacs, while consolidated profit dropped significantly to Rs. 141 Lacs due to one-time items. The dividend is subject to shareholder approval at the ensuing AGM.
The dividend of Rs. 0.25 per share is modest given the stock's face value, but represents a return of capital to shareholders. The substantial decline in profitability year-on-year may concern investors, though the company remains profitable.