Sunflag Iron And Steel Company Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Re. 1 per equity share.
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Sunflag Iron and Steel Company Limited held its 206th Board meeting on May 29, 2026, where the Board recommended a Final Dividend of Rs. 1 per equity share (10% on face value of Rs. 10 each) for the financial year ended March 31, 2026. The dividend is subject to shareholders' approval at the ensuing Annual General Meeting. For FY 2025-26, the company reported standalone revenue from operations of Rs. 3,93,938 lakhs and consolidated revenue of Rs. 3,95,582 lakhs. Standalone net profit after tax stood at Rs. 20,066 lakhs while consolidated net profit after tax was Rs. 20,237 lakhs. Basic EPS on standalone basis was Rs. 11.13 and on consolidated basis was Rs. 11.24. The Board also approved re-appointment of cost and tax auditors and took on record the audited financial results with unmodified opinion from statutory auditors.
The dividend recommendation signals financial stability and shareholder-friendly approach. With a dividend of Rs. 1 per share on Rs. 10 face value, income-seeking investors may find this announcement positive, though the actual yield depends on the prevailing stock price.