Super Tannery Ltd reported its FY26 annual results, showing a marginal rise in net profit to Rs 7.46 crore despite a dip in revenue. The company proposed a dividend of Rs 0.05 per share. Management highlighted operational focus on leather exports and adherence to global sustainability standards despite market headwinds.
Super Tannery FY26 Financial and Operational Performance
Profit After Tax: Rs 7.46 crore (FY26) vs Rs 7.26 crore (FY25)
Revenue from Operations: Rs 248.35 crore (FY26) vs Rs 266.74 crore (FY25)
Reader Takeaway: Net profit grew slightly despite revenue contraction; investors should monitor export recovery against broader recessionary pressures.
What just happened
Super Tannery Ltd has released its 42nd Annual Report for the fiscal year ending March 31, 2026. While the company saw its revenue from operations decline to Rs 248.35 crore from Rs 266.74 crore in the previous year, it managed to improve its Profit After Tax to Rs 7.46 crore, up from Rs 7.26 crore in FY25. The Board has recommended a final dividend of Rs 0.05 per equity share, which has a face value of Re 1.
Why this matters
The ability to improve profitability amidst a revenue decline indicates focused cost management during challenging market conditions. The company's emphasis on maintaining dividend payouts provides a consistent return profile for long-term shareholders. Shareholders should prepare for the upcoming AGM where governance items, including the re-appointment of directors and auditors, will be finalized.
Corporate Actions
The company has set the record date for dividend eligibility as September 15, 2026. The book closure period is scheduled from September 16, 2026, to September 30, 2026. Investors can expect dividend payments to be disbursed between October 3 and October 6, 2026.
Business and Operational Update
Super Tannery continues to prioritize leather manufacturing and footwear exports. Management highlighted the integration of a new designing cell and strict adherence to REACH guidelines as essential to their export competitiveness. R&D spending saw a notable increase to Rs 6.50 lakh this year, reflecting a stronger push toward indigenous technology and waste reduction.
Risks to watch
The primary concern remains the decline in operational turnover. Management has cited market recessionary forces as the reason, and investors should track future quarterly performance to see if this trend stabilizes. Additionally, investors should review the disclosures regarding related party transactions as part of standard governance due diligence.
What to track next
The 42nd Annual General Meeting (AGM) will be the next major touchpoint for investors. Key agenda items include the re-appointment of Mr. Arshad Khan and Mr. Mohd. Imran, the re-appointment of M/s Kapoor Tandon & Company as statutory auditors, and resolutions regarding charitable contributions.