SML Mahindra Limited has informed the Exchange about the 42nd Annual General Meeting of the Members of the Company will be held on 21st July, 2026 (Tuesday).
SMLMAH · price
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SML Mahindra Limited reported strong FY2026 results with revenue growing 18% year-on-year to Rs. 2,838 crores from Rs. 2,399 crores. Profit after tax surged 31% to Rs. 159.75 crores versus Rs. 121.67 crores in the previous year, while EPS improved from Rs. 84.08 to Rs. 110.39. The Board declared a final dividend of Rs. 23.50 per share (235%), totaling Rs. 34.01 crores, subject to shareholder approval at the 42nd AGM on 21st July 2026. The statutory auditors B S R & Co. LLP issued a clean (unmodified) audit opinion. The company also appointed Mr. K.N. Vaidyanathan as Internal Auditor for FY2026-27, replacing M/s S. Tandon & Associates LLP.
The 31% jump in net profit and 18% revenue growth indicate strong operational performance, which is positive for shareholders. The clean audit and healthy dividend reinforce confidence in the company's financial health.