TTKPRESTIGBSETTK Prestige LtdHighPositive
Announced Fri, 22 May · 14:38 IST

The Board has recommended a dividend of Rs.7.50 per share (750%)

Corporate Actions View source PDF

TTKPRESTIG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.9%1-day move
₹537.50
prior close
₹547.85
base price
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+0.1+0.2+0.0-2.1-2.9-4.3-1.2+0.4+0.5+0.3+0.5+5.1+21.9
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AI summary

TTK Prestige Board recommended a dividend of Rs. 7.50 per share (750% on face value of Rs. 1) for FY 2025-26, subject to shareholder approval at the 70th AGM on August 4, 2026. Standalone net profit rose 14% to Rs. 185.47 Crores from Rs. 162.68 Crores in FY 2024-25, while consolidated net profit jumped 45% to Rs. 156.67 Crores from Rs. 108.01 Crores. Standalone revenue from operations grew 9.6% to Rs. 2,772.69 Crores from Rs. 2,530.32 Crores. EPS improved to Rs. 13.54 (standalone) from Rs. 11.81. Exceptional items included a Rs. 9.98 Crores Voluntary Retirement Scheme charge and Rs. 16.94 Crores impact from new Labour Codes. Total dividend payout was Rs. 82.17 Crores versus Rs. 83.17 Crores in the previous year.

Likely market impact

The company delivered strong profit growth and maintained consistent dividend payouts, signaling financial stability. The 750% dividend payout reflects robust cash generation with reserves of Rs. 1,977.43 Crores. Positive for income-focused investors, though the marginally lower absolute dividend payout compared to last year warrants monitoring.