Sharda Motor Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 20.00 per equity share.
SHARDAMOTR · price
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Sharda Motor Industries Limited's Board of Directors has recommended a final dividend of Rs. 20 per equity share (1000% of face value of Rs. 2 each) for Financial Year 2025-26, subject to shareholder approval in the ensuing AGM. For FY 2025-26, standalone revenue from operations grew 19.8% to Rs. 3,396.77 crore from Rs. 2,836.57 crore in the previous year. Net profit increased 9.3% to Rs. 341.55 crore from Rs. 312.49 crore. Standalone EPS improved to Rs. 59.50 from Rs. 54.43. Statutory auditors gave an unmodified opinion on the financial results. The company also noted it does not fall under the Large Corporate category as per SEBI framework, with no outstanding long-term borrowings and CRISIL AA-/Stable/A1+ credit rating.
The recommendation of Rs. 20 per share dividend signals strong financial health and cash generation, which is positive for shareholders. The 9.3% growth in net profit demonstrates solid operational performance, though the absence of current stock price data prevents calculating the exact dividend yield.