Gujarat Poly Electronics Reports ₹28 Crore FY26 Profit, Proposes ₹0.50 Dividend

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AuthorIshaan Verma|Published at:
Gujarat Poly Electronics Reports ₹28 Crore FY26 Profit, Proposes ₹0.50 Dividend
Overview

Gujarat Poly Electronics Ltd has reported its audited financial results for the fiscal year ended March 31, 2026. The company posted a net profit of ₹28.02 crore on revenue from operations of ₹16.89 crore. The Board recommended a dividend of ₹0.50 per share and re-appointed Vinay Kumar Puniani as Executive Director for two years, effective August 1, 2026.

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Gujarat Poly Electronics Limited announced its full-year financial results for the period ending March 31, 2026. The company achieved a net profit of ₹28.02 crore (₹2,802.22 lakh) for the fiscal year, supported by revenue from operations amounting to ₹16.89 crore (₹1,689.31 lakh). The net profit for the fourth quarter of FY26 was ₹0.12 crore (₹12.19 lakh).

The company reported an Earnings Per Share (EPS) of ₹32.77 for the fiscal year.

In line with its commitment to returning profits to shareholders, the Board of Directors recommended a dividend of ₹0.50 per equity share for FY26. This proposal is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Ensuring leadership stability, Mr. Vinay Kumar Puniani has been re-appointed as an Executive Director for a two-year term commencing August 1, 2026. M/s Chokshi & Chokshi LLP were also re-appointed as internal auditors for the fiscal year 2026-27, providing continuity in financial oversight.

The recommended dividend offers a direct return to shareholders, while the re-appointment of Mr. Puniani signifies confidence in his continued leadership. The ongoing appointment of auditors reinforces the company's commitment to stable governance and financial compliance.

While Gujarat Poly Electronics operates in niche areas such as speciality films and winding wires, its sector includes larger players like Polycab India Ltd and KEI Industries Ltd, and companies with segment overlap such as Supreme Industries Ltd.

Investors will be closely watching several key developments:

  • Shareholder approval of the proposed dividend and director re-appointment at the AGM.
  • Management's commentary on the Q4 FY26 performance and outlook for the upcoming fiscal year FY27.
  • Any announcements regarding new orders or expansion plans.
  • Performance trends within the company's core product segments.

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