Board of Directors have fixed Wednesday 05th August, 2026 as Record date for Dividend for the financial year, if declared by the members at the ensuing AGM.
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Oriental Aromatics Limited held its Board Meeting on May 20, 2026, approving audited Q4 and FY2025-26 results. The company reported standalone net profit of Rs. 2,526.41 lakh for FY2025-26, down significantly from Rs. 4,683.55 lakh in FY2024-25. Consolidated net profit fell to Rs. 331.01 lakh from Rs. 3,432.83 lakh year-on-year. The Board recommended a dividend of Rs. 0.50 per equity share (10% on face value Rs. 5), subject to shareholder approval at the 54th AGM scheduled for August 18, 2026. The record date for determining dividend entitlement is fixed as August 5, 2026. Additionally, Mr. John Gloster was appointed as an Additional Non-Executive Independent Director, while Mr. Deepak Ramachandra resigned from the Board effective May 21, 2026, due to professional commitments.
The dividend is modest at Rs. 0.50 per share, consistent with the previous year's payout of Rs. 168.27 lakh. However, the sharp decline in profitability (standalone profit down ~46%, consolidated profit down ~90%) raises concerns about the company's financial health and may negatively impact investor sentiment.