No dividend declared for FY 2025-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indobell Insulations Ltd held its Board meeting on May 22, 2026, and announced several outcomes. The company reported a significant decline in financial performance with revenue falling to Rs. 1557.90 Lakhs (vs Rs. 2572.91 Lakhs in FY 2024-25) and profit after tax dropping to Rs. 80.44 Lakhs (vs Rs. 218.59 Lakhs in FY 2024-25). The Board decided not to declare any dividend for FY 2025-26, marking a complete cut from the previous year when Rs. 12.28 Lakhs was paid as dividend. Other key decisions include appointment of Mr. Mayank Burman as CEO (effective June 1, 2026) and confirmation that IPO funds of Rs. 1014.30 Lakhs have been utilized as per the offer document with no deviations.
The dividend cut combined with significantly lower profits (EPS fell from Rs. 3.47 to Rs. 1.28) signals financial stress and may negatively impact investor sentiment. The stock listed on BSE SME in January 2025, and shareholders expecting returns will be disappointed by this decision.