Outcome of Board Meeting
TTKHLTCARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TTK Healthcare Ltd reported FY26 revenue of Rs. 85,728 lakhs, up 7% from Rs. 80,149 lakhs in FY25. However, profit after tax declined 19.6% to Rs. 6,568 lakhs from Rs. 8,166 lakhs, primarily due to an exceptional charge of Rs. 758 lakhs for new Labour Code implementation (gratuity and compensated absences). EBITDA margin compressed to Rs. 9,833 lakhs from Rs. 10,608 lakhs. EPS fell to Rs. 46.48 from Rs. 57.79. The auditor issued an unmodified (clean) opinion. The Board recommended a dividend of Rs. 10 per share (100%). Key appointments include reappointment of Executive Chairman T T Raghunathan for 5 years from November 2026, and Geeyes & Co. as Cost Auditor for FY27.
PAT declined nearly 20% despite modest revenue growth, driven by regulatory-driven labour costs. The clean audit and dividend recommendation are positive, but margin compression and profit decline may concern investors.