Intimation of Recommendation of Final Dividend by the Company
SIYSIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Siyaram Silk Mills reported strong FY2026 results with standalone revenue from operations growing 15.7% to Rs 2,56,928 lakhs from Rs 2,22,032 lakhs in FY2025. PAT increased 14.8% to Rs 22,808 lakhs from Rs 19,873 lakhs. EPS stands at Rs 50.27 per share. The Board declared a Special Interim Dividend of Rs 4 per share (200%) and recommended Final Dividend of Rs 5 per share (250%), totalling Rs 9 per share, subject to shareholder approval. The company also approved a new residential project at Dombivali with 68 units at an estimated cost of Rs 45 crore. Key one-time items include Rs 2,123 lakhs gain from land sale and Rs 337 lakhs impairment on subsidiary Cadini SRL investment. Auditors gave unmodified opinion.
Positive for shareholders - strong revenue and profit growth with combined dividend of Rs 9 per share signals confidence in financial health. The new real estate project diversifies revenue stream beyond the core textile business.