BSERishiroop LtdHighPositive
Announced Sat, 16 May · 15:42 IST

Board recommended dividend @ 15% (Rs. 1.50 per equity share of Rs.10/- each) for the FY ended March 31, 2026 for the approval of shareholders at the ensuing AGM.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹97.20
prior close
₹94.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.1-2.1+0.8+0.0-4.8-4.3-4.3-3.5-2.4-4.8-9.2-2.4-3.6
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AI summary

Rishiroop Ltd's board meeting on May 16, 2026 approved the audited financial results for FY 2025-26 and recommended a dividend of Rs 1.50 per share (15% on face value of Rs 10), subject to shareholder approval at the ensuing 41st AGM. The company reported total income of Rs 7,608.97 lakhs and net profit of Rs 916.36 lakhs, compared to Rs 670 lakhs in the previous year. While profit before tax decreased to Rs 863.36 lakhs from Rs 1,440.68 lakhs, lower tax expenses helped improve net profit. The statutory auditor issued an unmodified opinion on the financial results.

Likely market impact

The modest dividend of Rs 1.50 per share indicates conservative shareholder returns despite improved net profit. Given the small payout relative to share price, this is unlikely to significantly impact stock valuation. The dividend awaits shareholder approval at the AGM.