Board, at their meeting held today i.e., May 14, 2026, approved the proposal to recommend the shareholders, final dividend of INR. 1 per equity share of INR. 10/- each (10%), to the members, ....
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The Board of Walchand Peoplefirst Limited approved a final dividend of INR 1 per equity share (10% on face value of INR 10), subject to shareholder approval at the 106th AGM on July 30, 2026. Record date is July 17, 2026, with dividend payment on August 3, 2026. For the financial year ended March 31, 2026, the company reported total income of Rs. 3479.21 Lakhs (up from Rs. 3346.65 Lakhs) and PAT of Rs. 347.08 Lakhs, nearly doubling from Rs. 180.25 Lakhs in the previous year. EPS for FY2026 stood at Rs. 1.95. Auditors issued an unmodified opinion on the financial statements.
The company delivered strong profit growth (92% YoY) in FY2026, supporting the dividend payout. The 10% dividend is modest but consistent; no major signal for yield-seeking investors given the small payout ratio relative to profits.