Suyog Telematics Limited has informed the Exchange that Board of Directors at its meeting held on Tuesday, May 26, 2026, recommended Final Dividend of Re. 1 per equity share.
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Suyog Telematics Limited's Board approved audited FY2026 results showing strong growth with consolidated revenue of Rs. 227.63 crore (up 13% YoY) and net profit of Rs. 63.07 crore (up 56% YoY). Basic EPS improved significantly to Rs. 54.70 from Rs. 34.55. The Board recommended a final dividend of Re. 1 per equity share (10% on Rs. 10 face value), totaling Rs. 1.17 crore, subject to shareholder approval at the AGM. The company also re-appointed SKS S & Associates as internal auditor for FY2026-27. Key audit observations include provisional revenue recognition from telecom tower infrastructure services pending final reconciliation with operators, and a GST inspection conducted in January 2026 with no material impact expected.
The recommended dividend of Re. 1 per share is modest but signals confidence in the company's financial health given the strong 56% profit growth. Without the current stock price, dividend yield cannot be determined, but the consistent payout reflects stable cash flows. The stock split from Rs. 10 to Rs. 1 face value, if approved, would make per-share pricing more accessible to retail investors.