Cheviot Company Ltd. Announces Audited Results and Dividend
Cheviot Company Limited has declared a final dividend of ₹25 per ordinary share, following its approval of audited financial results for the fiscal year ending March 31, 2026.
The company reported a profit after tax of ₹51.69 crore for FY26.
Key Highlights
Cheviot Company Limited's Board of Directors met on May 21, 2026, to approve the fiscal year's audited financial results. The Board recommended a final dividend of ₹25 per ordinary share, which amounts to a total payout of ₹14.60 crore for its 58,41,875 ordinary shares.
This recommended dividend, representing 250% of the face value, reflects the company's profitability and commitment to returning value to shareholders. The audited financial figures provide a comprehensive view of the company's performance.
Shareholder Vote and Payout
Shareholders will have the opportunity to vote on the dividend proposal at the Annual General Meeting (AGM) scheduled for August 6, 2026. If approved, the dividend is expected to be paid out starting August 11, 2026. The record date for determining shareholder eligibility for the dividend is July 30, 2026.
Investment Activity
While the dividend recommendation is a positive sign for shareholders, it is noteworthy that Cheviot Company used ₹46.87 crore in investing activities during the fiscal year. Investors may want to seek further details on these investments to assess future growth potential.
Financial Snapshot (Year ended March 31, 2026)
- Total Income: ₹ 549.83 crore
- Total Expenses: ₹ 480.37 crore
- Profit Before Tax: ₹ 69.46 crore
- Profit After Tax: ₹ 51.69 crore
- Basic EPS: ₹ 88.48
- Total Assets: ₹ 770.39 crore
- Total Equity: ₹ 705.85 crore
- Net cash from operating activities: ₹ 41.72 crore
- Net cash used in investing activities: ₹ (46.87) crore
- Net cash used in financing activities: ₹ (1.40) crore
Next Steps for Investors
Investors are advised to monitor the outcome of the upcoming AGM regarding dividend approval. Additionally, tracking the company's future financial disclosures and the nature of its investment activities will be important for evaluating its ongoing performance.
