The Board of Directors of the Company in their Meeting held on 28th May, 2026 recommended the dividend of Re.1/- per equity share of Rs. 5/- on equity share capital of the Company for the ....
NAHARSPING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nahar Spinning Mills' Board has recommended a dividend of Rs.1 per equity share (20% on face value of Rs.5) for FY2026, subject to shareholder approval at the AGM. For the year ended March 2026, total income from operations grew 49% to Rs.3,318.9 Cr from Rs.2,222.3 Cr in FY2025. Profit from ordinary activities before tax increased to Rs.29.1 Cr from Rs.26 Cr year-on-year. Earnings per share stood at Rs.6.45 compared to Rs.6.92 in the previous year. The company operates solely in the textiles segment. Cash flow from operating activities was strong at Rs.180.8 Cr for the year.
The dividend of Rs.1 per share represents a 20% payout ratio on earnings. The company showed strong revenue growth though EPS declined slightly. For investors, the actual dividend yield depends on the current stock price, and the 20% payout ratio suggests a balanced approach to returning capital to shareholders while retaining earnings for growth.