Whalesbook
Dividend ka Dhamaka! Paisa banega?
Uttam Sugar Mills ne apne latest Board meeting mein saal bhar ke audited results approve kar diye hain. Aur sabse exciting baat, unhone ₹2.50 per equity share ka dividend announce kiya hai! Yeh pichle saalon ke comparison mein kaafi bada jump hai. FY23 mein yeh sirf ₹1.50 tha, aur FY22-23 mein toh ₹1.00 ya ₹1.50 ke aas paas hi tha. Matlab company ab investors ko zyada returns dene ko ready hai.
Auditors bhi set, trust badhega!
Iske alawa, company ne apne auditors ko bhi re-appoint kar liya hai. M/s S. S. Kothari Mehta & Company LLP ab FY27 se FY29 tak Internal Auditors rahenge, aur M/s M. K. Singhal & Co. FY27 ke liye Cost Auditors honge. Yeh sab ekdum regular process hai jo company ke operations mein stability aur trust maintain karta hai.
Shareholder approval ka wait
Abhi yeh sirf recommendation hai, final approval Shareholders ki meeting (AGM) mein hogi. Agar sab smooth raha toh shareholders ko yeh tagda dividend milega. Company sugar, ethanol aur power sectors mein kaam karti hai, aur Uttar Pradesh mein unke kai units hain.
Peers kya kar rahe hain?
Agar peers ki baat karein toh Dwarikesh Sugar Industries ne FY23 mein ₹1.50 ka dividend diya tha. Toh is hisaab se Uttam Sugar Mills ka ₹2.50 ka proposal kaafi aggressive lag raha hai, jo market ke liye ek positive sign ho sakta hai. Balrampur Chini Mills aur Triveni Engineering & Industries jaise bade players bhi isi sector mein hain aur similar conditions face kar rahe hain.
Risk Factor?
Ek hi bada risk hai, woh hai Shareholders ki approval AGM mein. Baaki, company ka business sugar prices aur ethanol policies pe depend karta hai, jo sector ke sabhi companies ke liye common hai.