Outcome of Board Meeting held on May 22, 2026 - S Chand And Company Limited
SCHAND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
S Chand and Company Limited reported its FY2026 audited financial results. Consolidated revenue grew 11% to Rs 7,987.46 million from Rs 7,196.56 million, while standalone revenue marginally declined to Rs 2,930.58 million from Rs 2,939.65 million. Consolidated PAT increased 21.4% to Rs 731.36 million (EPS Rs 21.54), but standalone PAT declined 28.5% to Rs 112.52 million (EPS Rs 3.19) due to lower other income. The Board declared an interim dividend of Rs 4 per share for FY2025-26 with record date May 29, 2026. Statutory auditors Walker Chandiok & Co LLP issued unmodified (clean) opinions on both standalone and consolidated financials. Exceptional items of Rs 69.05 million (standalone) included investment diminution of Rs 55.25 million and Rs 13.80 million labour code provision. The Board also approved a Rs 20 crore corporate guarantee for subsidiary New Saraswati House's cash credit facility.
The stock may see mixed reaction - positive from strong consolidated growth and dividend, but concern over standalone profit decline and investment writedowns. The clean audit opinion removes audit-related risk.