Recommended a Final dividend of Rs.0.65 per shares (6.5%) on the face value of Rs.10 per shares for the financial Year 2025-26, subject to approval of the shareholder ,at the ensuing Annual ....
SUNDRMBRAK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sundaram Brake Linings reported FY26 results with total revenue of Rs. 349.03 crore, down from Rs. 355.03 crore in FY25. Net profit dropped significantly to Rs. 2.57 crore from Rs. 5.17 crore in the prior year, nearly halving. EPS declined to Rs. 6.52 from Rs. 13.15. The Board recommended a final dividend of Rs. 0.65 per share (6.5% on face value of Rs. 10), pending shareholder approval at the AGM. Key appointments include Ms. Shrikirti Mahesh as Additional Director (sister of Managing Director Krishna Mahesh) and Mr. Pradeep Kumar Nath as Company Secretary.
The company saw substantial profit decline in FY26 despite relatively stable revenues. The modest dividend of Rs. 0.65 per share offers limited shareholder returns, especially given the near-50% drop in profitability. Investors may view this as a concern given the earnings contraction.