PDMJEPAPERBSEPudumjee Paper Products LtdHighPositive
Announced Fri, 22 May · 15:59 IST

Board Approves Dividend

Corporate Actions View source PDF

PDMJEPAPER · price

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Price reaction · full curve 14 horizons · vs prior close
-3.0%1-day move
₹85.30
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₹84.31
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AI summary

Pudumjee Paper Products Ltd's Board has recommended a dividend of Rs.0.60 per equity share (face value Rs.1) for FY2026, subject to shareholder approval at the 12th AGM. For the year ended March 2026, total income remained flat at Rs.82,936 Lakhs vs Rs.83,000 Lakhs in the previous year. Profit before tax stood at Rs.12,625 Lakhs (vs Rs.12,872 Lakhs), while profit after tax was Rs.9,359 Lakhs (vs Rs.9,576 Lakhs). EPS declined to Rs.9.86 from Rs.10.09. Total assets grew to Rs.92,037 Lakhs from Rs.76,343 Lakhs, reflecting higher fixed assets and inventory build-up. The Board also appointed Mr. Anil Shankarlal Mittal as Additional Director (Non-Executive Independent Director) for 5 years.

Likely market impact

The modest Rs.0.60 dividend represents a reasonable payout at ~6% of current EPS, signalling stable cash generation. However, the decline in profitability and flat revenue may limit immediate upside unless growth accelerates in FY2027.