Corporate Action-Board Recommended Final Divided
SIKA · price
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The Board of Sika Interplant Systems has recommended a final dividend of Rs. 2.40 per equity share (face value Rs. 2 post-split) for FY ended 31 March 2025, subject to shareholder approval at the 39th AGM on 9 July 2025. Record date is set as 2 July 2025. For FY25, standalone net profit rose to Rs. 2,572.89 lakhs from Rs. 1,954.99 lakhs (~32% growth), with EPS at Rs. 11.93 vs Rs. 9.23. Consolidated net profit was Rs. 2,533.77 lakhs vs Rs. 1,935.79 lakhs, with consolidated revenue of Rs. 15,367.98 lakhs. The company underwent a 5:1 stock split on 17 March 2025, changing face value from Rs. 10 to Rs. 2. Statutory auditors issued an unqualified opinion on both standalone and consolidated results.
Shareholders as on the record date of 2 July 2025 will be eligible for the final dividend, which represents a healthy payout given the ~32% jump in standalone profits. The recent 5:1 stock split also improves retail affordability and liquidity of the stock. Overall, this is a positive signal of strong earnings momentum and shareholder rewards.