Outcome of Board Meeting held on 04.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SNL Bearings Ltd reported audited FY2026 results with revenue from operations growing 10.6% to Rs. 5,662 lakhs from Rs. 5,119 lakhs in FY2025. Profit before tax stood at Rs. 1,458 lakhs (vs Rs. 1,414 lakhs), a gain of ~3.1%. Profit after tax was nearly flat at Rs. 1,085 lakhs (vs Rs. 1,086 lakhs), with EPS at Rs. 30.05 per share. The Board declared an interim dividend of Rs. 15 per share (150%), payable to shareholders as of May 8, 2026, with no final dividend recommendation for FY26. Statutory auditors Walker Chandiok & Co LLP issued a clean, unmodified opinion on the financial statements. The Board also approved the reappointment of Mr. Kaiyomarz Minoo Marfatia as an Independent Director for a second 5-year term from May 31, 2026.
Revenue growth of ~10.6% is respectable but below high-growth expectations. PAT stagnation and EBITDA margin compression may weigh on near-term investor sentiment despite the generous 150% interim dividend payout.