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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 2.2 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Stovec Industries' board has recommended a dividend of Rs. 12 per equity share (120% on Rs. 10 face value) for the financial year ended December 31, 2025, subject to shareholder approval at the upcoming AGM. The company also reported its audited FY25 results, with revenue from operations falling to Rs. 1,981.11 million from Rs. 2,345.70 million in FY24, a decline of about 15.5%. Net profit dropped sharply to Rs. 68.98 million from Rs. 129.61 million (around 47% lower), with basic EPS falling to Rs. 33.04 from Rs. 62.07. The cash flow statement shows that Rs. 275.62 million was paid as dividends in FY24, while no dividend was paid during FY25, indicating a significant reduction in payout this year. Statutory auditors Price Waterhouse issued an unmodified (clean) audit opinion on the results.
Despite reporting lower profits, the company is still rewarding shareholders with a dividend, though the payout is much smaller than last year, which may be viewed as a cautious signal given weak earnings. The sharp drop in revenue and profit could weigh on short-term stock sentiment, but the clean audit and continued dividend may provide some support.