Outcome of the Board Meeting held on 21/05/2026
SHARDAMOTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sharda Motor Industries reported strong FY2026 results with standalone revenue from operations growing 19.7% to Rs 3,39,677.10 lakh from Rs 2,83,657.09 lakh in FY2025. Net profit increased 9.3% to Rs 34,155.02 lakh, while profit before tax rose to Rs 45,511.55 lakh from Rs 41,754.02 lakh. The Board recommended a final dividend of Rs 20 per equity share (1000% of face value), subject to shareholder approval at the AGM. The company maintains a healthy CRISIL AA-/STABLE/CRISIL A1+ credit rating and has no long-term borrowings. Earlier in the year, the company completed a 1:1 bonus issue of 2,87,03,853 equity shares. The statutory auditors gave an unmodified opinion on the financial results.
Positive for shareholders - strong revenue and profit growth with a 1000% dividend payout indicates healthy financial performance. The bonus issue already completed and debt-free status further strengthen investor confidence.