PODDARMENTBSEPoddar Pigments Ltd-$MediumPositive
Announced Fri, 15 May · 14:21 IST

Dividend Update

Corporate Actions View source PDF

PODDARMENT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-7.4%1-day move
₹267.20
prior close
₹257.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.8+0.8+1.1-7.4-8.2-5.5-6.8-6.8-5.7-7.6-4.6-12.0
Up moveDown movePending
AI summary

Poddar Pigments Ltd board approved audited financial results for Q4 and FY ended March 2026. The board recommended a final dividend of Rs. 4 per share (40% payout on face value of Rs. 10), totaling Rs. 424.40 lakh, subject to shareholder approval at the 35th AGM. Book closure date will be fixed 7 days before the AGM. Profit before tax declined to Rs. 2,004 lakh from Rs. 3,035 lakh in the previous year, reflecting a significant drop in earnings. The auditor issued an unmodified opinion. The company also commissioned a 3.51 MWp solar power plant in Jaisalmer, Rajasthan in January 2026.

Likely market impact

While the company maintained dividend at Rs. 4/share despite a 34% decline in profit before tax, the significant earnings drop may concern investors. The dividend yield depends on the prevailing stock price, which is not provided in this filing.