Board approves dividend @ 1 % (Rs.0.10) on fully paid up share of Rs 10/- each
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Wires & Fabriks SA Ltd declared a recommended dividend of Rs. 0.10 per equity share (1% on Rs. 10 face value), subject to shareholder approval at the ensuing AGM. For FY2025-26, total income stood at Rs. 11,587.58 Lacs with profit after tax of Rs. 26.43 Lacs, significantly lower than the previous year's Rs. 150.33 Lacs. Basic EPS dropped to Rs. 0.86 from Rs. 4.92. The company also reported audited Q4 and full-year results with an unmodified audit opinion. The dividend payout from cash flow shows Rs. 3.73 Lacs. The stock has a paid-up capital of Rs. 305.63 Lacs and reserves of Rs. 4,759.83 Lacs.
The modest 1% dividend reflects the company's lower profitability this year. While the dividend is being maintained, the significant drop in earnings (PAT fell from Rs. 150.33 Lacs to Rs. 26.43 Lacs) may concern investors. The dividend is subject to shareholder approval at the AGM.