Final Dividend recommended by the board of directors of the company. Please find attached Document.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Supershakti Metaliks Ltd has recommended a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for Financial Year 2025-26, subject to shareholder approval at the ensuing AGM. For the year ended March 2026, standalone total income declined to Rs. 7,128 lakhs from Rs. 7,447 lakhs in the previous year, while standalone net profit fell to Rs. 857 lakhs from Rs. 1,243 lakhs. However, consolidated net profit more than doubled to Rs. 2,767 lakhs from Rs. 1,290 lakhs, largely due to higher share of profit from associate Giridhan Metal Private Limited. The company also appointed S Chhaparia & Associates as Cost Auditors for FY 2026-27.
The dividend payout of Rs. 57.63 lakhs represents a modest 5% yield on face value. The decline in standalone profitability may create some concern, but the strong consolidated performance and consistent dividend payment are positive signals for shareholders.