WORTHPERINSEWorth Peripherals LimitedHighNeutral
Announced Tue, 12 May · 14:11 IST

In continuation of our letter dated May 5, 2026, we wish to inform you that the Board of Directors of the Company, at its meeting held today, have inter alia: 1. approved the Audited Financial Statements (Consolidated and Standalone) for the financial year ended March 31, 2026 and the Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2026, as recommended by the Audit Committee; and 2. recommended a dividend of Rs. 1.00 per equity share of Rs. 10/- each for the financial year ended March 31, 2026

Exceptional ItemResults View source PDF

WORTHPERI · price

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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹138.00
prior close
₹137.00
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AI summary

Worth Peripherals Limited reported audited financial results for FY2026 ending March 31, 2026. Standalone revenue grew 7.6% to Rs. 20,954 lakhs with PAT up 11.6% at Rs. 1,763 lakhs. Consolidated revenue rose 10.6% to Rs. 30,491 lakhs with PAT at Rs. 1,853 lakhs (up 6.8%). The company recommended a dividend of Rs. 1 per share (10% on Rs. 10 face value), subject to shareholder approval. Auditors issued an unmodified opinion. The wholly-owned subsidiary Worth Wellness Private Limited is in advanced stages of plant installation with production expected to begin soon. An exceptional item of Rs. 20.44 lakhs was recorded in consolidated results due to an abandoned project write-off from an earlier year.

Likely market impact

Solid operational performance with double-digit revenue and profit growth. The exceptional item in subsidiary is a one-time charge and not alarming. The dividend signals confidence. The large increase in consolidated borrowings (from Rs. 544 lakh to Rs. 2,727 lakh non-current) for subsidiary expansion warrants monitoring.