Outcome of Board Meeting.
RATNAMANI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.4 pts less than Nifty Microcap 250 and 7.8 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors approved the audited standalone and consolidated financial results for FY2026 ending March 31, 2026. Standalone revenue declined to ₹3,68,930 Lakhs from ₹4,87,614 Lakhs in FY2025, while consolidated revenue fell to ₹4,49,396 Lakhs from ₹5,18,647 Lakhs. Standalone net profit decreased to ₹43,396 Lakhs (PAT decline of ~25%) compared to ₹57,801 Lakhs in the prior year. Consolidated net profit attributable to owners was ₹48,255 Lakhs versus ₹54,398 Lakhs. The Board recommended a dividend of ₹10 per equity share (500% payout). Auditors issued an unmodified opinion. Exceptional items of ₹1,040 Lakhs were recognized due to the statutory impact of new labour codes. The 42nd AGM is scheduled for August 18, 2026.
Revenue and profit have declined significantly year-on-year due to challenging market conditions. However, the company maintains a clean audit with unmodified opinion and continues shareholder returns through dividend. The stock may face pressure due to profit decline despite positive dividend outlook.