Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Wires & Fabriks SA Ltd reported FY2026 revenue of Rs. 11,545 Lacs, up 5.9% from Rs. 10,902 Lacs in FY2025. However, profit after tax dropped sharply to Rs. 26.43 Lacs from Rs. 150.33 Lacs in the prior year - a decline of about 82%. EPS fell to Rs. 0.86 from Rs. 4.92. The Board recommended a dividend of Rs. 0.10 per share (1% on face value Rs. 10). The Statutory Auditor Jain Shrimal & Co. issued an unmodified opinion confirming clean accounts. Cash flow from operations improved significantly to Rs. 2,981 Lacs from Rs. 1,734 Lacs. Total debt reduced from Rs. 12,634 Lacs to Rs. 10,543 Lacs.
The stock may face pressure as profit declined sharply despite modest revenue growth, indicating margin compression. However, the clean audit opinion and reduced debt provide some comfort. Dividend yield of 1% is modest.