Recommendation of dividend for the year 2025-26 and fixing record date
SALZERELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Salzer Electronics reported FY2025-26 standalone revenue of Rs. 1,71,519 Lacs, up 24% from Rs. 1,38,293 Lacs in the prior year. However, standalone profit after tax declined to Rs. 5,383 Lacs from Rs. 6,226 Lacs due to higher raw material costs and tax expenses. Consolidated PAT stood at Rs. 5,377 Lacs vs Rs. 5,246 Lacs. The board recommended a dividend of Rs. 2.50 per equity share (25% on Rs. 10 face value) for FY26, subject to shareholder approval at the 41st AGM scheduled for September 12, 2026. The record date for dividend eligibility is fixed as August 28, 2026. The board also re-appointed two independent directors and the cost auditor.
Revenue growth of 24% is positive but declining PAT may concern investors. The dividend payout represents a consistent return policy. Shareholders on record August 28, 2026 will be eligible for the dividend if approved at the AGM.