KRBLBSEKRBL LtdHighPositive
Announced Thu, 14 May · 19:19 IST

Recommendation of final dividend of Rs. 4.50 (450%) for the financial year 2025-26

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-6.3%1-day move
₹348.00
prior close
₹351.00
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After-mkt
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AI summary

KRBL Ltd's Board has recommended a final dividend of Rs. 4.50 per equity share (450% on face value of Rs. 1) for FY 2025-26, aggregating to Rs. 10,300 lakh. This is subject to shareholder approval at the ensuing AGM and payment within 30 days of the AGM. The company reported standalone profit after tax of Rs. 64,768 lakh for FY 2025-26, up 36% from Rs. 47,580 lakh in the previous year. Total income stood at Rs. 6,16,789 lakh with EPS of Rs. 28.30. However, the auditor has issued a qualified opinion due to an ongoing ED investigation into the Joint Managing Director related to the Agusta Westland case, with no conclusive evidence to ascertain impact on financials.

Likely market impact

The strong dividend payout signals management's confidence in cash flows despite regulatory headwinds from the PMLA investigation. However, the continuing auditor qualification and ongoing legal proceedings remain risk factors for investors.