Cheviot Company Limited has reported its audited standalone financial results for the financial year ended 31st March, 2026. The company posted a net profit of ₹5,169.15 million for the full fiscal year, a decrease from ₹5,774.19 million in the previous year. Total annual revenue increased to ₹54,740.51 million from ₹43,942.61 million, reflecting top-line growth despite a decline in profitability.

Q4 Financial Performance

For the quarter ended 31st March, 2026, the company reported a net loss of ₹905.39 million, a slight improvement from the net loss of ₹930.66 million in the same quarter of the previous year. Revenue from operations for the quarter rose to ₹14,060.84 million, up from ₹13,378.70 million year-on-year. The company's operating profitability declined during the period, with EBITDA contracting to ₹1,740 million from ₹2,060 million in the corresponding quarter of the prior year. The EBITDA margin compressed to 12.38% in Q4 from 15.38% in the year-ago period.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹25 per ordinary share (250%) on 58,41,875 fully paid-up ordinary shares of face value of ₹10 each. This aggregates to ₹1,460.47 million and is subject to the approval of members at the Annual General Meeting scheduled for 6th August, 2026. The company has fixed 30th July, 2026 as the record date for determining shareholder entitlement. If approved, the dividend will be paid on and from 11th August, 2026.

Board and Audit Details

The audited financial results were reviewed by the Audit Committee and approved by the Board at their meetings held on 20th May and 21st May, 2026, respectively. Statutory Auditors M/s. Singhi & Co. issued an audit report with an unmodified opinion on the standalone financial results for the year ended 31st March, 2026.

Cheviot Company Limited has announced the schedule for its 128th Annual General Meeting (AGM), which is set to take place on Thursday, 6th August 2026 at 11:00 a.m. The meeting will be conducted via video conferencing (VC) or other audio-visual means (OAVM). The facility for VC/OAVM and e-voting will be provided by National Securities Depository Limited.

To determine shareholder eligibility for electronic voting, the Board of Directors has fixed Thursday, 30th July 2026 as the 'cut-off date'. Members holding shares as of this date will be entitled to cast their vote by electronic means on the business to be transacted at the ensuing AGM.

The company stated that the formal notice calling the AGM will be intimated separately. The communication was addressed to BSE Limited and the National Stock Exchange of India Limited to ensure the information is placed on record.

Key Meeting Details

The AGM proceedings will be managed entirely through digital platforms, allowing shareholders to participate remotely. The cut-off date is crucial for investors wishing to exercise their voting rights on the resolutions proposed during the meeting.