Shree Digvijay Cement Co.Ltd has informed the Exchange that Board of Directors at its meeting held on April 29, 2026, recommended Final Dividend of Rs. 1.00 per equity share.
SHREDIGCEM · price
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Shree Digvijay Cement reported audited FY2026 results with revenue from operations at Rs. 74,910 lakhs, up 3.3% from Rs. 72,515 lakhs in FY2025. EBITDA improved significantly to Rs. 7,461 lakhs (up 11.3% YoY), though profit after tax remained flat at Rs. 2,500 lakhs vs Rs. 2,520 lakhs. The Board recommended a final dividend of Rs. 1.00 per equity share (10% on Rs. 10 face value), totaling Rs. 1,478.69 lakhs, subject to shareholder approval at the AGM. The company also entered a brand distribution agreement with Hi-Bond Cement and paid a refundable security deposit of Rs. 400 crores to support future growth.
The modest dividend payout reflects flat profitability despite revenue and EBITDA growth. Shareholders can expect a small income return pending AGM approval, though the stock may see limited positive reaction given unchanged earnings.