The Company hereby fixes July 23, 2026 as the record date for the final dividend for the FY 2025-26
PRECAM · price
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Precision Camshafts Limited's board has recommended a final dividend of ₹1 per equity share (10% on face value of ₹10) for FY 2025-26, subject to shareholder approval at the AGM on July 30, 2026. The record date for determining shareholder entitlement is July 23, 2026. For the year ended March 2026, the standalone net profit stood at ₹9,498.58 lakhs while consolidated net profit was ₹3,908.46 lakhs, impacted by significant impairment losses (₹5,775.57 lakhs) due to the insolvency and liquidation of its German step-down subsidiary MFT Motoren und Fahrzeugtechnik GmbH. The dividend, if approved, will be paid within 30 days of the AGM declaration.
The dividend declaration signals management confidence in the company's financial health despite the German subsidiary's liquidation impact on consolidated results. The 10% payout is modest and may not significantly impact stock price unless dividend yield considerations are relevant to investors.