Recommendation of Dividend on Equity shares
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sakthi Finance Ltd reported audited financial results for FY2026 with net profit after tax of Rs 1,724.90 lakhs, up 3.6% from Rs 1,665.15 lakhs in FY2025. Total income stood at Rs 21,089.53 lakhs. The Board recommended an equity dividend of Rs 0.80 per share (8% on face value of Rs 10), aggregating Rs 517.65 lakhs, subject to shareholder approval at the AGM. The company also announced redemption of NCDs from two public issues: Rs 56.90 crore redeemable on July 9, 2026, and Rs 467.59 crore redeemable on August 29, 2026. Asset quality improved with GNPA at 4.76% and NNPA at 1.5%, while Capital Adequacy Ratio strengthened to 20.45%.
The dividend recommendation signals consistent shareholder returns and reflects improved profitability. The strong capital adequacy ratio of 20.45% indicates a well-capitalized NBFC position. Multiple NCD redemptions will reduce debt obligations going forward.