Board recommended the Final Dividend @35% on fully paid up equity shares i.e., Rs. 3.50 per share
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Tyche Industries board has recommended a final dividend of Rs. 3.50 per equity share (35% on Rs. 10 face value) for FY26, subject to shareholder approval at the AGM. The company reported total income of Rs. 7,288.65 Lakhs for the year, up from Rs. 6,285.63 Lakhs in FY25. However, net profit declined significantly to Rs. 693.71 Lakhs from Rs. 1,240.71 Lakhs in the previous year, while EPS dropped to Rs. 6.70 from Rs. 12.19. The dividend of Rs. 3.50 represents an increase from the prior year's Rs. 3.00 per share payout.
Despite a 44% decline in net profit, the company has increased its dividend per share, signaling confidence in its cash position. The strong balance sheet with cash reserves of Rs. 561.19 Lakhs and bank balances of Rs. 6,970.61 Lakhs supports this payout. For shareholders, this provides income certainty pending AGM approval.