The Board of Directors of the company has recommended the final dividend of Rs. 2 per equity share of face value of Rs. 2 each for the Financial Year ended March 31, 2026
LUXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.9 pts less than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Lux Industries reported standalone net profit of Rs. 101.45 crore for FY 2025-26, a significant decline from Rs. 166.09 crore in the previous year. Standalone revenue from operations grew to Rs. 2,923.55 crore from Rs. 2,565.69 crore. The Board recommended a final dividend of Rs. 2 per equity share (100% on face value of Rs. 2) for FY 2025-26, subject to shareholder approval at the AGM. Notably, the Promoters and Promoter Group have waived their right to receive this dividend, meaning the payout will benefit minority shareholders. The company also received an unmodified audit opinion and announced re-appointment of EY and Deloitte as internal auditors. A proposed scheme of demerger for business verticals is under consideration.
The dividend recommendation at Rs. 2 per share provides support for the stock despite a 39% decline in annual net profit. The promoters waiving their dividend entitlement increases the proportion of payout flowing to public shareholders, which could be viewed positively. However, the significant profit decline raises concerns about earnings quality.