Purpose: Annual General Meeting of the Company and declaration of final dividend for the year 2025-26
Dividend Declaration
Type: Final Dividend
Amount: Rs. 25 per equity share (250%)
Face Value: Rs. 10 per share
Financial Year: FY 2025-26
Subject to Shareholder Approval: Yes
Record Date: 23rd July 2026
Date of Board Meeting: 27th May 2026
Total Outflow: Rs. 38,48,25,500 (including tax deducted at source)
AGM Date: 29th July 2026
Payment Timeline: Within 30 days from date of AGM if approved
Dividend Analytical Context
The company had previously paid two interim dividends of Rs. 25 per share each during FY26:
First interim dividend paid on December 8, 2025 (approved November 10, 2025)
Second interim dividend paid on March 6, 2026 (approved February 10, 2026)
Total dividend for FY26 (including recommended final) would be Rs. 75 per share
Board Meeting Highlights
Meeting Date: 27th May 2026
Meeting Duration: Commenced at 19:52 hours and concluded at 20:30 hours
Approval of Audited Financial Results: Financial year ended 31st March 2026, both Standalone and Consolidated
Audit Opinion: Unmodified opinion from statutory auditors
Emphasis of Matter: None mentioned
Approval of AGM: Scheduled on 29th July 2026 via Video Conferencing/Other Audio-Visual Means
Related Party Transactions: Not specifically mentioned
Proposed Amendments to AoA: Not mentioned
Key Financial Highlights
Standalone Financials (Year ended March 31, 2026)
Total Income: Rs. 1,51,418 lakhs
Net Profit (after exceptional items): Rs. 20,669 lakhs
EPS (Basic/Diluted): Rs. 134.30
Other Equity: Rs. 41,399 lakhs
YoY Change: Net profit increased from Rs. 17,542 lakhs in FY25 to Rs. 20,669 lakhs in FY26
Consolidated Financials (Year ended March 31, 2026)
Total Income: Rs. 1,51,418 lakhs
Net Profit (after exceptional items): Rs. 20,669 lakhs
EPS (Basic/Diluted): Rs. 134.30
Debt Position: Not specifically disclosed
Cash Flow: Operating cash flow of Rs. 18,069 lakhs, investing cash outflow of Rs. 4,578 lakhs, financing cash outflow of Rs. 14,256 lakhs
Quarterly Performance (Q4 FY26)
Total Income: Rs. 39,749 lakhs
Net Profit: Rs. 4,355 lakhs
EPS: Rs. 28.30
Revenue from Operations: Rs. 39,575 lakhs
Other Income: Rs. 174 lakhs
Balance Sheet Position (as at March 31, 2026)
Total Assets: Rs. 69,887 lakhs
Total Equity: Rs. 42,938 lakhs
Current Assets: Rs. 52,535 lakhs
Non-current Assets: Rs. 17,352 lakhs
Current Liabilities: Rs. 24,493 lakhs
Non-current Liabilities: Rs. 2,456 lakhs
Exceptional Items
Q4 FY26: No exceptional items
FY26 Full Year: Exceptional gain of Rs. 1,726 lakhs comprising:
Gain on sale of land: Rs. 3,091 lakhs
Impact of new Labour Code: Rs. (1,365) lakhs (increased gratuity liability)
Observations
The company operates in a single segment: Fabrication Technology
Employee benefit expenses include Rs. 329 lakhs towards stock awards granted by parent company ESAB Corporation, USA under their 2022 Omnibus Incentive Plan
The new Labour Codes notified by Government of India on November 21, 2025 resulted in increased gratuity liability of Rs. 1,365 lakhs, treated as exceptional item
