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SOTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Savita Oil Technologies reported strong FY2026 results with standalone net profit rising 56.7% to Rs 19,384.61 lakhs (EPS Rs 28.27) from Rs 12,377.14 lakhs (EPS Rs 17.99) in FY2025. Standalone revenue grew 14.4% to Rs 4,36,258.19 lakhs from Rs 3,81,372.64 lakhs. Operating cash flow remained positive at Rs 13,824.50 lakhs. The Board approved merger of wholly-owned subsidiary Savita GreenTec Limited (which had zero revenue) into the Company to avoid duplication of costs. The Board also changed internal auditors from Suresh Surana & Associates LLP to Ernst & Young LLP. Dividend of Rs 5 per share (250% on Rs 2 face value) was recommended aggregating Rs 3,426.02 lakhs. Statutory auditors G D Apte & Company issued unmodified opinion.
Strong profit growth of 56.7% with positive cash flows signals operational strength. The merger of loss-making subsidiary should streamline costs. Appointment of a major firm like EY as internal auditor adds governance credibility. Dividend yield is attractive given the strong earnings.