Recommended a final dividend of Rs. 1.50 per share for the FY 2025-26 subject to the approval of the members
KALAMANDIR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sai Silks (Kalamandir) Ltd's board approved FY 2025-26 audited results showing strong growth: total income of Rs. 1,672.52 crore (up 12.5% from Rs. 1,486.08 crore) and net profit of Rs. 140.92 crore (up 65% from Rs. 85.39 crore). EPS stands at Rs. 9.56. The board recommended a final dividend of Rs. 1.50 per equity share (75% of Rs. 2 face value), subject to shareholder approval at the AGM. Key leadership changes include appointment of Mr. Bharadwaj Rachamadugu as CEO (effective May 12, 2026) and Ms. Sridevi Dasari as Additional Director (Independent category). Independent Director Ms. Sirisha Chintapalli resigned effective May 6, 2026. The board also reconstituted its Audit, Nomination & Remuneration, and Stakeholder Relationship Committees. IPO proceeds utilization shows Rs. 526.85 crore deployed out of Rs. 566.24 crore planned.
Strong profit growth of 65% YoY and a 75% dividend payout ratio are positive signals for shareholders. The Rs. 1.50 dividend per share reflects the company's improved financial health. However, without the current market price, dividend yield cannot be confirmed.