Mindteck (India) Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Re. 1 per equity share.
MINDTECK · price
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Mindteck's Board recommended a final dividend of Re. 1 per equity share (10% on Rs. 10 face value) for FY 2025-26, unchanged from Rs. 1 per share paid in FY 2024-25. On a consolidated basis, total income declined to Rs. 4,173.6 million from Rs. 4,319.6 million year-on-year, though profit after tax rose to Rs. 315.2 million from Rs. 286.8 million. Standalone profit after tax fell to Rs. 174 million from Rs. 188.2 million. The company recorded an exceptional charge of Rs. 530 lakhs due to the implementation of new Indian Labour Codes affecting gratuity and leave liabilities. The dividend is subject to shareholder approval at the annual general meeting.
The unchanged dividend signals financial stability but offers no yield improvement. The stock may see neutral to slightly positive reaction given maintained payouts despite revenue pressure, though investors should note the decline in standalone profitability and one-time labour code impact.