Record date for Dividend and AGM
STOVEKRAFT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Stove Kraft Ltd reported FY2026 results with revenue from operations of Rs. 16,074.24 million, up 10.87% from Rs. 14,498.17 million in FY2025. Profit after tax increased to Rs. 419.91 million from Rs. 385.05 million, a 9.06% growth. The Board recommended a final dividend of Rs. 3.50 per share (35%) for FY2026, with record date fixed as September 4, 2026 and AGM on September 11, 2026. Operating cash flow surged to Rs. 2,577.42 million from Rs. 1,299.08 million year-on-year. Key leadership changes include CFO resignation of Mr. Ramakrishna Pendyala and appointment of Mr. Subhadeep Pal effective May 16, 2026. The company expanded its ESOP pool from 813,000 to 10,25,000 options and granted 46,915 options to employees. Statutory auditors Price Waterhouse were reappointed for a second five-year term. The audit opinion remained unmodified, though auditors highlighted an Emphasis of Matter regarding ongoing Income Tax Department assessment proceedings with a demand of Rs. 245.3 million.
The company delivered solid profit growth and strong cash generation, signaling operational efficiency improvements. The dividend declaration provides direct shareholder returns, while the CFO transition and ESOP expansion suggest focus on talent retention amid growth. However, the unresolved tax demands totaling Rs. 245.3 million warrant monitoring.