Board has approved Rs. 1.5/- per share of dividend
PPAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PPAP Automotive Board approved FY2025-26 results with standalone net profit of Rs 33.43 Cr (up 137% YoY) and consolidated net profit of Rs 43.19 Cr (up 517% YoY). The board recommended final dividend of Rs 1.5 per share (15% on Rs 10 face value) subject to AGM approval. Exceptional items include Rs 49.79 Cr gain from JV stake sale and Rs 17.12 Cr impairment loss on subsidiary. Key corporate actions include merger of wholly-owned subsidiary Avinya Batteries Limited with PPAP, and slump sale of Tooling Business to Meraki Precision Tool Engineering Limited.
Dividend is modest at Rs 1.5 per share. Strong profit growth (EPS Rs 23.69 standalone) may support stock positivity despite small dividend payout.