Stove Kraft Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2025, recommended Final Dividend of Rs. 3 per equity share.
STOVEKRAFT · price
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Stove Kraft Limited's Board has recommended a final dividend of Rs. 3 per equity share (30% on face value of Rs. 10) for FY25, subject to shareholder approval. The record date is set for September 19, 2025, and the AGM will be held on September 26, 2025. For FY25, revenue from operations grew to Rs. 1,449.8 crore from Rs. 1,364.3 crore in FY24, a rise of about 6%. Net profit for the year rose to Rs. 38.5 crore from Rs. 34.1 crore, while EPS stood at Rs. 11.65 versus Rs. 10.30. However, Q4 performance was weak, with revenue at Rs. 313 crore (down from Rs. 325.2 crore) and Q4 profit dropping sharply to Rs. 1.45 crore from Rs. 2.66 crore. The Board also appointed BMP & Co. LLP as Secretarial Auditors for five years from FY26 to FY30.
The Rs. 3 dividend rewards shareholders despite a weak Q4, but the sharp drop in quarterly profit may concern investors. The full-year results show modest growth, signalling a mixed picture for short-term stock sentiment.