KANPRPLANSEKanpur Plastipack LimitedHighPositive
Announced Sat, 2 May · 17:27 IST

Kanpur Plastipack Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2026, recommended Final Dividend of Rs. 1.20 per equity share.

Corporate Actions View source PDF

KANPRPLA · price

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Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹210.99
prior close
₹212.50
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+4.0+3.5+2.1+0.9-0.5+0.2+3.7+2.8+3.8-3.3-0.5-8.9-5.1
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AI summary

Kanpur Plastipack Limited's Board of Directors has recommended a final dividend of Rs. 1.20 per equity share (12%) for FY 2025-26, subject to shareholder approval at the AGM. The company reported strong financial performance with total income of Rs. 72,667 Lacs in FY26, up 26% from Rs. 57,551 Lacs in FY25. Net profit surged over 3x to Rs. 3,689 Lacs from Rs. 1,070 Lacs in the previous year. EPS (continuing operations) improved to Rs. 15.73 from Rs. 4.92. The company also converted warrants into equity shares during the year. Auditors issued an unmodified (clean) audit report.

Likely market impact

Positive for shareholders: Strong profit growth and dividend declaration signal healthy financial performance. The 3x jump in net profit indicates improved operational efficiency. However, investors should note the dividend yield cannot be assessed without stock price data.