COCKERILLBSEJohn Cockerill India Ltd-$HighPositive
Announced Thu, 26 Feb · 15:48 IST

Declaration of Final Dividend for FY 2025 of Rs. 7 each per Equity Share

Corporate Actions View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

John Cockerill India Limited's Board has recommended a final dividend of Rs. 7 per equity share (70% on face value of Rs. 10) for FY ending December 31, 2025, subject to shareholder approval at the upcoming AGM. The record date for eligibility is March 6, 2026. The company returned to profitability with a PAT of Rs. 10.31 crores in FY2025, compared to a loss of Rs. 5.38 crores in FY2024, on revenue of Rs. 357.59 crores. This is the first dividend declared since FY2024, when no dividend was paid to preserve capital during a challenging period. Cash and bank balances have strengthened significantly to Rs. 226.50 crores from Rs. 62.53 crores a year earlier.

Likely market impact

The dividend declaration signals restored financial health and management's confidence in sustainable cash generation after skipping the payout last year. Shareholders who hold shares as of the March 6, 2026 record date will be eligible to receive the dividend, providing a tangible return alongside the company's return to profitability.