Sugal & Damani Share Brokers Reports FY26 Results and Dividend

Net Profit for FY26 stood at Rs 4.13 crore with a declared dividend of Rs 1 per share.

Reader Takeaway: Consistent profitability from new land plotting ventures provides support, while pending IEPF portal compliance remains a monitoring point.

What just happened

Sugal & Damani Share Brokers held its 33rd Annual General Meeting on September 28, 2026. The board declared a dividend of Rs 1 per share (10% on face value) for the financial year ending March 31, 2026. Additionally, the company is seeking shareholder approval for the appointment of M/s. N.K. Bhansali & Co. as Secretarial Auditors for a five-year term.

Why this matters

The company’s diversification into land development has helped maintain profitability despite a decline in Gross Income from Rs 26.14 crore in FY25 to Rs 20.20 crore in FY26. Shareholders are receiving a dividend despite the overall dip in net profit from Rs 4.75 crore to Rs 4.13 crore year-on-year.

Risks to watch

Audit observations highlighted a delay in transferring shares to the Investor Education and Protection Fund (IEPF). The company cited technical glitches on the government portal as the reason and confirmed it is currently engaging with authorities to resolve the non-compliance. The firm also explicitly tracks credit, interest rate, and liquidity risks associated with its share broking and land development segments.

Context metrics

• Basic/Diluted EPS: Rs 6.61 (FY26) vs Rs 7.60 (FY25)
• Profit Before Tax: Rs 5.54 crore (FY26) vs Rs 6.34 crore (FY25)

What to track next

Investors should monitor the resolution status of the IEPF portal issue and the performance of the new land plotting business segment in upcoming quarterly disclosures.