Outcome of Board Meeting held on May 5, 2026 for (1) Audited Standalone & Consolidated financial results of the Company for the quarter and financial year ended on 31st March 2026. (2) ....
MAFATIND · price
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Mafatlal Industries reported FY2026 standalone revenue of Rs. 3,870.44 crore, up 37.9% from Rs. 2,807.23 crore in FY2025, driven by growth across Textile, Digital Infrastructure, and Consumer Durables segments. However, standalone PAT declined 7.2% to Rs. 91.07 crore from Rs. 98.14 crore, affected by higher material costs and exceptional items of Rs. 2.87 crore (gratuity provision due to New Labour Code). The Board recommended a final dividend of Rs. 1.25 per share (62.5% on face value). CEO Mr. M. B. Raghunath retires on May 31, 2026 after 30+ years, succeeded by Mr. Priyavrata H. Mafatlal (Managing Director's son). Mr. Hrishikesh A. Mafatlal (Executive Chairman) was reappointed as Executive Director. Statutory auditors issued unmodified (clean) opinion on both standalone and consolidated results.
Revenue growth is strong but profit decline despite higher sales may concern investors. Leadership transition within the promoter family and dividend declaration are positive signals for shareholder confidence.