WORTHPERINSEWorth Peripherals LimitedMediumPositive
Announced Tue, 12 May · 14:14 IST

Worth Peripherals Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2026, recommended Final Dividend of Re. 1 per equity share.

Corporate Actions 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
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₹137.02
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AI summary

Worth Peripherals Limited's board approved audited financial results for Q4 and FY ended March 2026. Standalone revenue grew 7.6% to Rs 20,954 lakh while PAT rose 11.6% to Rs 1,763 lakh. Consolidated revenue was Rs 30,491 lakh with PAT of Rs 1,853 lakh. The board recommended a final dividend of Rs 1 per equity share (10% on Rs 10 face value) for FY26, subject to shareholder approval at the ensuing AGM. Statutory auditors gave an unmodified opinion. The company's wholly owned subsidiary Worth Wellness Private Limited is in advanced stages of machine installation with production expected to start soon.

Likely market impact

The company delivered steady earnings growth with both standalone and consolidated PAT showing double-digit increases. The dividend declaration signals confidence in financial health, though the payout ratio is modest relative to earnings.