Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swiss Military Consumer Goods reported audited standalone revenue of Rs 25,134.49 Lacs for FY ended March 2026, up 18.2% YoY (from Rs 21,266.90 Lacs). However, standalone net profit fell to Rs 772.15 Lacs from Rs 919.06 Lacs in FY2025, a decline of ~16%. Consolidated revenue was Rs 25,977.57 Lacs (+19.0% YoY) with net profit at Rs 755.96 Lacs (down ~13.8% YoY). The company declared a 5% final dividend of Rs 0.10 per share (face value Rs 2), subject to shareholder approval. The auditors (B K Sood & Co.) issued an unmodified (clean) opinion. An exceptional charge of Rs 31.68 Lacs was recognised due to the new labour codes effective November 2025. Management cited inflationary pressures in raw materials (polypropylene, polycarbonate, aluminium) and softer travel-related discretionary demand as headwinds impacting operating margins.
Revenue grew ~18-19% but profits declined ~14-16%, indicating margin compression from rising input costs and weak consumer demand. The clean audit opinion and dividend declaration provide some support, but the profit decline despite revenue growth may concern investors focused on profitability.