Outcome of Board meeting pursuant to provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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The Board approved audited financial results for FY26 showing strong performance with consolidated total income of Rs. 27,248 crores (up 21.8% YoY) and net profit of Rs. 1,031 crores (up 81.7% YoY). Basic EPS improved significantly to Rs. 60.90 from Rs. 35.53. The Board recommended a final dividend of Rs. 11 per equity share (550% on face value of Rs. 2), subject to shareholder approval at the AGM. Additionally, the Board approved a step-down subsidiary to provide a guarantee of up to SEK 50 million (~USD 5.5 million) for hedging purposes. Exceptional items of Rs. 36.58 crores included gain from sale of Vindhyachal Expressway (Rs. 156.56 crores) offset partially by labour code impact (Rs. 29.48 crores) and Fasttel Brazil write-downs. Auditors B S R & Co. LLP issued unmodified opinion.
Strong earnings growth and improved debt metrics (Debt Equity Ratio at 0.43 vs 0.64 last year) indicate healthy operational performance. The dividend payout and 81.7% profit growth are positive signals for shareholders, though the Fasttel Brazil judicial reorganization and NHAI dispute with Wainganga Expressway remain watch items.