HISARMETAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hisar Metal Industries board approved a dividend of Rs. 1 per equity share (10% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM scheduled for August 28, 2026. The company reported net profit of Rs. 338 lakhs for the year ended March 31, 2026, up from Rs. 315 lakhs in the previous year. Total income stood at Rs. 26,196 lakhs with EPS of Rs. 6.43. The board also appointed two new independent directors (Mr. Manish Jain and Mr. Shreyaskar Chaudhary) while accepting resignations of two existing independent directors. Key committees were reconstituted accordingly.
The dividend declaration signals financial stability and cash generation ability. The 10% payout is modest but consistent, and shareholders can expect a small positive signal if approved at the AGM.