Sandhar Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 4 per equity share.
SANDHAR · price
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On the reaction day the stock moved 8.9 pts more than Nifty Microcap 250 and 9.1 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sandhar Technologies reported strong FY2025-26 consolidated results with revenue of Rs. 4,85,209 lakhs (up 25% YoY) and net profit of Rs. 19,870 lakhs (up 36% YoY). The Board recommended a final dividend of Rs. 4 per equity share (40% of face value), subject to shareholder approval at the ensuing AGM. The company also completed the sale of its Peenya plant assets for Rs. 6,100 lakhs, generating a gain of Rs. 3,401 lakhs. Additionally, the Board decided to explore opportunities in vehicle telematics, wheel speed sensors, and electronics through potential collaborations or joint ventures.
The 40% dividend payout and 36% profit growth signals healthy financial performance. Shareholders can expect dividend payment within 30 days of shareholder approval at AGM. The stock may see positive reaction given the strong earnings growth.