Board in its meeting held on May 27, 2026 has approved recommendation of Dividend for the year 2025-26 for approval of members in the ensuing Annual General Meeting.
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Krishanveer Forge's Board meeting on May 27, 2026 approved the audited FY2025-26 financial results. Revenue from operations grew ~7.9% to Rs 8,930.46 lakhs from Rs 8,279.65 lakhs in the prior year. Profit after tax (PAT) more than doubled to Rs 1,137.72 lakhs vs Rs 563.71 lakhs, driven partly by a Rs 349.07 lakh gain on land transfer recorded as an exceptional item. EPS for the year stood at Rs 10.40 vs Rs 5.15 in FY2024-25. The Board recommended a final dividend of 30% i.e. Rs 3.00 per equity share of Rs 10 face value, subject to shareholder approval at the ensuing AGM. Record date for dividend eligibility is yet to be announced.
Strong PAT growth and doubling EPS are positives. Dividend of Rs 3/share is up from the prior year's payout (dividend paid in FY25 was Rs 218.79 lakh vs Rs 273.49 lakh in FY26), signalling financial strength. However, without the current market price, the dividend yield relative to the stock cannot be assessed.