Board Recommended Dividend subject to approval of shareholders at the forthcoming AGM
SATIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Satia Industries board has recommended a final dividend of Rs. 0.40 per share (40% on face value of Rs. 1) for FY ended March 2026, subject to shareholder approval at the AGM. The company also approved its audited financial results showing revenue from operations of Rs. 1,45,191 lakhs, down from Rs. 1,51,199 lakhs in the previous year. Profit after tax declined significantly to Rs. 4,091 lakhs from Rs. 11,862 lakhs in FY 2025, largely due to an exceptional charge of Rs. 667.25 lakhs related to new labour codes and weaker Paper segment performance. EPS for the year stands at Rs. 4.09 versus Rs. 11.86 in the previous year. The board also appointed M/s Moore Singhi as internal auditor for 2026-27.
The dividend recommendation is positive for income-focused investors, though the significant profit decline (65% drop in PAT) may weigh on stock sentiment. The 40% payout ratio appears modest given the earnings contraction.