Asi Industries reported a 10.8% decline in net profit for FY26, driven by a contraction in revenue from operations. The mining and natural stone processing company declared a final dividend of ₹0.40 per equity share.

The Board of Directors approved the financial results in its meeting held on May 18, 2026. The Annual Report was filed with the Bombay Stock Exchange on August 25, 2026.

Financial Performance

Total revenue stood at ₹1,689.5 crore for the year ended March 31, 2026, down from ₹1,741.0 crore in FY25. Revenue from operations specifically fell to ₹1,494.1 crore compared to ₹1,547.7 crore previously.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) contracted by 9.0% to ₹397.5 crore. Finance costs increased to ₹22.8 crore from ₹17.3 crore, reflecting higher borrowing activity during the period.

What the Numbers Show

Other income remained robust at ₹195.3 crore, constituting approximately 11.6% of total revenue. This figure includes significant interest income on loans to others (₹159.8 crore) and gains on disposal of property, plant, and equipment (₹7.9 crore). The stability of other income partially offset the decline in core operating margins, keeping the net profit decline narrower than the EBITDA contraction.

Balance Sheet and Dividends

The company’s borrowings rose significantly. Non-current borrowings jumped to ₹134.0 crore from ₹15.8 crore, while current borrowings stood at ₹279.6 crore. The debt-equity ratio increased slightly to 0.11 times from 0.09 times.

The Board recommended a final dividend of ₹0.40 per share (40% payout), subject to shareholder approval at the Annual General Meeting scheduled for September 22, 2026.

Asi Industries has fixed September 16, 2026, as the record date to determine shareholder eligibility for its dividend payment for fiscal year 2026.

The company declared a dividend of ₹0.40 per equity share. Each share has a face value of ₹1. The payout will be made within 30 days from the date of declaration at the Annual General Meeting scheduled for September 22, 2026.

Dividend Details

The payout is part of the company’s distribution plan for FY26. Shareholders must hold the stock on the specified record date to receive the dividend.

Regulatory Compliance

The intimation was issued pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Manish P. Kakrai, Company Secretary, on August 24, 2026.