Magadh Sugar & Energy Limited has informed the Exchange regarding 'Dividend'.
MAGADSUGAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 0.6 pts less than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Magadh Sugar & Energy Limited's Board has recommended a final dividend of Rs. 12.50 per equity share (125% on face value of Rs. 10) for FY2026, subject to shareholder approval at the AGM. The company reported total income of Rs. 1,24,878 lakhs for the year, down 5.8% from Rs. 1,32,511 lakhs in FY2025. Net profit declined significantly to Rs. 6,351 lakhs from Rs. 10,945 lakhs in the previous year, a drop of about 42%. EPS fell from Rs. 77.67 to Rs. 45.07. The dividend amount of approximately Rs. 1,761 lakhs matches the previous year's dividend paid, indicating the payout has been maintained despite lower profits.
The company has maintained its dividend payout despite a steep 42% decline in net profit, which is a positive signal for shareholder returns. However, the significant profit decline warrants caution, and the stock may face pressure due to the weaker financial performance.