TVS Srichakra Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Rs. 37.80 per equity share.
TVSSRICHAK · price
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On the reaction day the stock moved 12.5 pts more than Nifty Microcap 250 and 12.4 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TVS Srichakra Limited, a manufacturer of automotive tyres, tubes and flaps, held its Board meeting on May 27, 2026 and recommended a final dividend of Rs. 37.80 per equity share (378% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the AGM. The company reported strong financial performance with standalone revenue from operations growing 12% to Rs. 3,389.66 crores and standalone profit after tax more than doubling to Rs. 34.62 crores compared to the previous year. Consolidated revenue stood at Rs. 3,643.35 crores with consolidated PAT of Rs. 36.09 crores. EPS improved significantly from Rs. 13.84 to Rs. 18.49 on standalone basis. The dividend will be paid within 30 days of shareholder approval. Statutory auditors expressed unmodified opinion on the financial results.
The company has delivered strong profit growth and is returning cash to shareholders through a 378% dividend payout. This signals financial health and investor-friendly policies, which could positively influence the stock price.