Outcome of Board Meeting
OCCLLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
OCCL Limited reported strong FY26 results with revenue from operations growing 65% to Rs. 5,059 crores (from Rs. 3,067 crores in FY25). Profit after tax increased 29% to Rs. 277 crores with EPS of Rs. 9.55. The Board approved a final dividend of Rs. 1.80 per share (90% on FV Rs. 2), bringing total dividend for FY26 to Rs. 2.80 per share including the Rs. 1.00 interim paid earlier. The company also completed a demerger of chemical business from AG Ventures Limited effective July 1, 2024, which explains the significant revenue increase. Exceptional items included Rs. 205.56 lakhs for labor code provisions and Rs. 704.32 lakhs deferred tax reversal. Statutory auditors Singhi & Co. issued an unmodified (clean) opinion on the financial statements.
Strong revenue and profit growth reflects successful integration of the demerger but working capital pressures from elevated raw material costs led to negative operating cash flow. EBITDA margins compressed year-on-year due to higher raw material costs, though absolute margins per tonne remained stable. The clean audit and dividend declaration are positive signals for shareholders.