Alkali Metals fixes record date for dividend at 58th AGM

0 min read     Updated on 29 May 2026, 05:29 PM
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Alkali Metals Limited has fixed August 14, 2026, as the record date to identify shareholders eligible for dividend if declared at its 58th Annual General Meeting scheduled for August 21, 2026. The decision was approved by the Board of Directors during its meeting on May 26, 2026.

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Alkali Metals Limited has fixed August 14, 2026, as the record date to determine shareholder eligibility for any dividend declared at its 58th Annual General Meeting (AGM). The AGM is scheduled to be held on August 21, 2026. The Board of Directors approved the decision to convene the meeting and fix the record date during its 271st meeting held on May 26, 2026.

The regulatory filing submitted to the National Stock Exchange of India and BSE Limited was signed by Siddharth Dubey, Company Secretary & Compliance Officer. The company, headquartered in Hyderabad, manufactures sodium amide, sodium alkoxides, and other fine chemicals, operating with ISO 9001 and 14001 certifications.

Key Meeting Details

Event Date
Board Meeting May 26, 2026
58th AGM August 21, 2026
Record Date August 14, 2026

Historical Stock Returns for Alkali Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%+29.53%+30.42%+4.38%-14.32%+44.68%

What dividend payout ratio is Alkali Metals Limited likely to target given its current cash flow position?

How might the company's expansion into fine chemicals influence its capital allocation strategy for the upcoming fiscal year?

What impact could the declared dividend have on investor sentiment and stock liquidity ahead of the AGM?

Alkali Metals returns to profit in FY26, appoints ED

2 min read     Updated on 28 May 2026, 10:04 AM
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Alkali Metals Limited reported a net profit of ₹55.65 lakh for FY26, reversing a loss of ₹579.98 lakh in the previous year, with revenue rising to ₹9,302.90 lakh. The Board recommended a ₹1 dividend and appointed Mr. Y.V. Prashanth as Executive Director for three years from June 1, 2026, subject to shareholder approval.

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Alkali Metals Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹55.65 lakh compared to a net loss of ₹579.98 lakh in the previous year. The company's revenue from operations rose to ₹9,302.90 lakh for FY26, up from ₹8,233.00 lakh in the corresponding period last year. The Board of Directors has recommended a dividend of ₹1 per equity share of ₹10 each for the financial year 2025-26.

For the quarter ended March 31, 2026, the company posted a net profit of ₹401.53 lakh, compared to ₹435.47 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹2,873.29 lakh, compared to ₹2,486.78 lakh in Q4FY25. Total income for the year reached ₹9,364.16 lakh, while total expenses were recorded at ₹9,032.42 lakh.

Financial Performance

The audited financial results, reviewed by the Audit Committee and approved by the Board on May 26, 2026, indicate a strong operational recovery. Profit from operations before exceptional items and tax for the year was ₹331.74 lakh, a turnaround from a loss of ₹572.68 lakh in FY25. The company's earnings per share (EPS) for the year improved to ₹0.55 from a negative ₹5.70 in the previous year.

Particulars Year Ended 31-03-26 (₹ in Lakhs) Year Ended 31-03-25 (₹ in Lakhs)
Revenue from operations 9,302.90 8,233.00
Total Income 9,364.16 8,389.70
Total Expenses 9,032.42 8,962.38
Net Profit for the year 55.65 (579.98)
Earnings per Share (Basic) 0.55 (5.70)

Board Decisions and Appointments

During its 271st meeting held on May 26, 2026, the Board approved the audited financial results and the appointment of key executives. Mr. Y.V. Prashanth, Non-Executive Director, was appointed as an Executive Director effective June 1, 2026, for a period of 3 years subject to shareholder approval. Additionally, the Board approved the re-appointment of Sri Y.S.R. Venkata Rao as Managing Director effective May 1, 2027, also subject to member approval at the ensuing Annual General Meeting.

Mr. Y.V. Prashanth holds a B. Pharmacy degree from Andhra University and an MS in Pharmacy from the USA. He previously served as an Executive Director of the company and possesses experience in liquidity management, client development, marketing, and receivables and payables management. He is the son of Sri Y.S.R. Venkata Rao, the Managing Director and Promoter of the company, and the brother of Ms. Y. Lalithya Poorna, a Non-Executive Director and Promoter Group Shareholder.

Segment Reporting and Auditor's Opinion

The company identified geographical segments as reportable segments under Ind AS-108. For the year ended March 31, 2026, domestic revenue was ₹4,734.39 lakh, while export revenue stood at ₹4,568.51 lakh. M/s. For J V S L & Associates, Chartered Accountants, the statutory auditors, issued an unmodified report on the annual audited financial statements. The report confirms that the financial results give a true and fair view in conformity with the Indian Accounting Standards.

Historical Stock Returns for Alkali Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.96%+29.53%+30.42%+4.38%-14.32%+44.68%

What specific operational strategies drove the turnaround from a loss of ₹579.98 lakh to a profit of ₹55.65 lakh?

Will the company maintain the current dividend payout ratio or increase it as profitability improves?

How will the appointment of Mr. Y.V. Prashanth as Executive Director influence the company's growth and liquidity management strategies?

More News on Alkali Metals

1 Year Returns:-14.32%