Prevest Denpro Limited Prevest Denpro scheduled its 27th Annual General Meeting (AGM) for Thursday, September 17, 2026. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs circulars.

The Board of Directors recommended a final dividend of ₹1 per equity share for the financial year 2025-26. This represents 10% of the face value of the equity share, which stands at ₹10 each. The payout is subject to approval by shareholders at the upcoming AGM.

Meeting and Voting Details

Shareholders can participate in the AGM remotely via VC/OAVM facilities provided by National Securities Depository Limited (NSDL). The company will not allow physical presence at a common venue.

Remote e-voting will commence on Monday, September 14, 2026, at 9:00 am and conclude on Wednesday, September 16, 2026, at 5:00 pm. Members who cast their votes through remote e-voting prior to the meeting cannot vote again during the AGM but may still attend via video conferencing.

Dividend Payment Process

The record date for determining dividend entitlement is Friday, June 12, 2026. Dividends will be paid electronically within 30 days of declaration, subject to shareholder approval. The company will deduct tax at source (TDS) as per applicable rates under the Finance Act, 2020.

Shareholders holding shares in physical mode must update their bank account details with the Registrar and Transfer Agent (RTA), Bigshare Services Pvt. Ltd., to receive dividends via Electronic Clearing Service (ECS). Demat holders should update details with their respective Depository Participants (DPs).

What the Numbers Show

The recommended dividend yield of 10% on face value indicates a consistent return strategy for FY26. With the AGM scheduled for mid-September, the timeline allows for standard regulatory processing before the final payout execution.

Prevest Denpro Limited reported a robust start to the fiscal year, with consolidated net profit rising 27.99% year-on-year to ₹563.86 lakh for the quarter ended June 30, 2026. The growth was underpinned by a 20.94% increase in revenue from operations to ₹1,906.83 lakh, reflecting sustained demand across its dental product portfolio. Alongside the financial results, the Board of Directors recommended a final dividend of ₹1.00 per equity share (10%) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

The company’s performance highlights strong operational momentum, with EBITDA growing 24.73% YoY to ₹808.14 lakh on a consolidated basis. Atul Modi, Chairman and Managing Director, attributed the results to growing acceptance of the product portfolio and a focus on operational efficiency. "We are pleased to begin FY 2026-27 on a strong note, delivering healthy double-digit growth across our key financial parameters," Modi stated. He emphasized the company’s commitment to expanding domestic and international presence through continued innovation.

Consolidated Financial Performance

On a consolidated basis, Prevest Denpro saw total income rise to ₹2,038.36 lakh from ₹1,693.24 lakh in the corresponding quarter of the previous year. This included other income of ₹131.53 lakh. Profit before tax increased by 26.23% to ₹755.89 lakh. Total expenses stood at ₹1,282.47 lakh, up from ₹1,094.43 lakh in Q1 FY26.

Standalone Results and Operational Notes

Standalone metrics mirrored the consolidated strength, with revenue from operations jumping 23.66% YoY to ₹1,944.33 lakh. Standalone net profit grew 24.77% to ₹578.23 lakh. Standalone EBITDA reached ₹821.88 lakh, up from ₹670.40 lakh in the prior year period.

A significant operational note for the quarter was the implementation of the Labour Codes notified by the Government of India on November 21, 2025, effective April 1, 2026. This regulatory change led to an increase in employee benefit expenses by ₹27.80 lakh on both standalone and consolidated bases. The company has recognized this impact in accordance with Institute of Chartered Accountants of India (ICAI) guidance.

Dividend Recommendation

The Board recommended a final dividend of 10% on the face value of ₹10 per share, amounting to ₹1.00 per equity share for FY26. This recommendation is pending approval at the 27th Annual General Meeting. If approved, the dividend will be paid within the prescribed timeline.

What the Numbers Show

The divergence between standalone and consolidated revenue growth — 23.66% versus 20.94% respectively — suggests that the parent company is driving the majority of the top-line expansion. However, the consolidated EBITDA margin expansion (24.73% growth vs 20.94% revenue growth) indicates improving operational leverage at the group level. The impact of new labour codes, while increasing expenses by ₹27.80 lakh, did not significantly dampen the overall profitability trajectory, demonstrating resilience in the company’s cost structure amidst regulatory changes.