Steelcast Limited has informed the Exchange that Board of Directors at its meeting held on July 31, 2025, declared Interim Dividend of 1.80 per equity share.
STEELCAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 9.4 pts less than Nifty Microcap 250 and 9.1 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Steelcast Limited's Board of Directors met on July 31, 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Net sales stood at Rs. 10,668.55 lakhs, up about 38% year-on-year from Rs. 7,744.66 lakhs, while profit after tax was Rs. 1,988.26 lakhs with EPS of Rs. 9.82. The Board declared a first interim dividend of Rs. 1.80 per equity share (36% on Rs. 5 face value), with a record date of August 8, 2025 and payment by August 30, 2025. Additionally, the Board fixed August 29, 2025 as the record date for a sub-division/split of equity shares, pending shareholder approval at the AGM held the same day.
Strong YoY revenue growth of ~38% and healthy profitability signal improving business momentum, which along with a 36% interim dividend should be positive for shareholders. The proposed stock split, if approved, will make shares more affordable and improve liquidity, potentially attracting retail investors.