Recommendation of Final Dividend of Rs. 3.5/- per Equity Share.
SWELECTES · price
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The Board of Directors of Swelect Energy Systems Ltd has recommended a final dividend of Rs. 3.50 per equity share (face value Rs. 10) for FY2025-26, subject to shareholder approval at the 31st AGM scheduled for 31st July 2026. The record date is 24th July 2026 and dividend payment is targeted for 13th August 2026. For context, the company reported standalone net profit of Rs. 2,784.43 Lakhs for FY2026, down from Rs. 3,803.64 Lakhs in the previous year. Total income stood at Rs. 48,277.13 Lakhs versus Rs. 48,638.12 Lakhs year earlier. The dividend represents a 35% payout on face value, maintaining shareholder returns despite lower profitability.
The dividend declaration signals management's confidence in the company's financial stability, even as profits declined by ~27% year-on-year. Shareholders can expect cash distribution in August if approved at the AGM.