The Board of Directors approved and recommended Final Dividend of Rs. 1.25 per share and Special Dividend of Rs. 3.75 per share.
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Josts Engineering Company board meeting held on 19th May 2026 approved a combined dividend of Rs. 5.00 per equity share (125% final + 375% special) on face value of Rs. 1 each for FY 2025-26, subject to shareholder approval at AGM. The company reported standalone PAT of Rs. 3,042 lakh, up 69% from Rs. 1,801 lakh in previous year, driven partly by Rs. 3,402 lakh exceptional gain from sale of JECL Engineering subsidiary. Consolidated PAT stood at Rs. 3,421 lakh. Total standalone revenue was Rs. 20,047 lakh vs Rs. 21,733 lakh previous year. The board also approved development of a Real Estate/IT-ITES Business Park on Thane land and appointment of new internal auditor.
The total dividend of Rs. 5 per share represents a 500% payout ratio on face value, signaling strong confidence. The special dividend component suggests one-time excess cash distribution, likely from subsidiary sale proceeds. This is positive for shareholders awaiting returns.