Announced Tue, 12 May · 14:01 IST

The Board of Directors have approved dividend of Rs. 0.5 per Equity Share of face value of Rs. 10 per Equity Share

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹191.50
prior close
₹191.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.5-0.5-3.1-0.8-0.8-0.1-1.9-0.3-3.9-1.8-2.6-16.9
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AI summary

The Board of Directors recommended an annual dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for FY2026, subject to shareholder approval at the ensuing AGM. Full year net profit rose 21.7% to Rs. 319.70 lakhs vs Rs. 262.73 lakhs in FY2025, on revenue of Rs. 5051.70 lakhs (up 4.7% YoY). Profit before tax grew 21.7% to Rs. 428.44 lakhs. The company reported strong cash generation with cash and cash equivalents nearly doubling to Rs. 1245.63 lakhs from Rs. 594.74 lakhs, indicating healthy liquidity. EPS for FY2026 stood at Rs. 2.13 vs Rs. 1.75 in the prior year. The auditor issued an unmodified opinion on the annual financial results.

Likely market impact

The dividend declaration signals financial health with strong cash reserves. The 5% yield (on face value) and 21.7% profit growth are positive indicators for shareholders, though actual yield depends on current market price.