Speciality Restaurants Recommends ₹1 Dividend, Names Avik Chatterjee CEO

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AuthorRiya Kapoor|Published at:
Speciality Restaurants Recommends ₹1 Dividend, Names Avik Chatterjee CEO
Overview

Speciality Restaurants approved its FY26 results, recommending a ₹1 per share dividend. The company also appointed Avik Chatterjee as Whole-Time Director and CEO, effective June 1, 2026, to drive growth.

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Speciality Restaurants Reports FY26 Results, Appoints New CEO

Speciality Restaurants announced its audited financial results for the fiscal year ended March 31, 2026. The company reported consolidated revenue of ₹476.47 crore and a profit after tax of ₹20.72 crore. On a standalone basis, revenue stood at ₹453.59 crore with a profit after tax of ₹22.95 crore.

Key Announcements

Speciality Restaurants Limited has declared its financial results for the fiscal year ending March 31, 2026. The Board of Directors has recommended a dividend of ₹1.00 per share. Additionally, Mr. Avik Chatterjee has been appointed as the Whole-Time Director and Chief Executive Officer (CEO), with his tenure commencing on June 1, 2026.

Why This Matters

The recommended dividend offers a direct return to shareholders. The appointment of a new CEO signals a strategic push for future expansion and operational enhancement, potentially impacting the company's market position and profitability.

Financial Performance for FY26

For the financial year ended March 31, 2026, Speciality Restaurants posted consolidated revenue of ₹47,647.09 lakh (₹476.47 crore) and a consolidated profit after tax of ₹2,072.21 lakh (₹20.72 crore). Standalone revenue was ₹45,359.41 lakh (₹453.59 crore) with a standalone profit after tax of ₹2,295.00 lakh (₹22.95 crore).

Leadership Transition and Growth Strategy

With Mr. Avik Chatterjee taking over as CEO from June 1, 2026, the company aims to accelerate its growth trajectory, enhance its brand value, and broaden its market reach. This leadership change is expected to bring fresh strategies to the business.

Potential Challenges

Potential risks include the successful integration of the new CEO's strategies, market competition, and execution challenges in expanding the company's presence. Shareholder approval for the dividend at the upcoming Annual General Meeting is also a procedural point.

Key Financial Metrics (FY26)

  • Financial Year End: March 31, 2026
  • Consolidated Revenue: ₹476.47 crore
  • Consolidated Profit After Tax: ₹20.72 crore
  • Standalone Revenue: ₹453.59 crore
  • Standalone Profit After Tax: ₹22.95 crore
  • Recommended Dividend: ₹1.00 per share
  • CEO Appointment Effective Date: June 1, 2026

Investor Watchlist

Investors should monitor the company's performance post-CEO appointment and track the outcome of the Annual General Meeting on September 11, 2026, particularly regarding the dividend approval.

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