Board recommended Dividend of Rs. 0.40 per share subject to the approval of the Shareholders of the Company at the ensuing AGM.
SINGERIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Singer India Ltd's Board has recommended a final dividend of Rs. 0.40 per equity share (20% on face value of Rs. 2) for FY ended March 2026, pending shareholder approval at the ensuing AGM. The company posted strong full-year results with revenue from operations rising 29% to Rs. 55,733 lakhs (vs Rs. 43,167 lakhs in FY25) and profit after tax more than doubling to Rs. 1,276 lakhs from Rs. 739 lakhs. Basic EPS for FY26 stands at Rs. 2.07. The company also raised Rs. 448.55 lakhs via a preferential allotment during the year and got listed on NSE in March 2026. The statutory auditor issued an unmodified opinion.
The dividend is modest at Rs. 0.40 per share. At the current market price (approx Rs. 80), the yield is low (~0.5%), so the announcement is unlikely to be a major price catalyst. The strong 72% YoY profit growth is the more significant signal for investors.