Shri Jagdamba Polymers schedules Aug 31 board meeting for FY26 dividend

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Board meeting scheduled for August 31, 2026
  • Key agenda item: consideration of final dividend for FY26
  • Payout requires shareholder approval at the 42nd AGM
  • Intimation filed under Regulation 29 of SEBI LODR
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Shri Jagdamba Polymers Limited has scheduled a board meeting for Monday, August 31, 2026. The primary agenda is to consider and recommend a final dividend for the financial year ended March 31, 2026.

The proposed dividend is subject to approval by shareholders at the company’s 42nd Annual General Meeting. No specific amount or percentage has been disclosed in the intimation filed with the exchange.

Board Agenda Details

The meeting will also address any other business placed before the board with the chairman’s permission. The intimation was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Diksha Gehlot, Company Secretary of the firm, signed the disclosure on August 25, 2026. The notice was addressed to the Corporate Relationships Department of BSE Limited.

Historical Stock Returns for Shri Jagdamba Polymers

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How might the proposed final dividend payout ratio impact Shri Jagdamba Polymers' retained earnings and future capital expenditure plans?

What is the expected reaction of institutional investors to the dividend recommendation given the current market sentiment towards the polymers sector?

Could the upcoming AGM reveal any strategic shifts in management's approach to shareholder returns versus reinvestment for FY2026?

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Shri Jagdamba Polymers Q1 Results: Net profit up 73% YoY to ₹1,895 lakh

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Reviewed by
Naman SScanX News Team
Key Highlights

Shri Jagdamba Polymers reported robust Q1FY27 results, with standalone net profit jumping 73% YoY to ₹1,895.3 lakh and revenue rising 28.8% to ₹18,284.1 lakh. Consolidated net profit grew 61.8% to ₹2,000.5 lakh. The growth was operational, with no exceptional items, and consolidated revenue outpaced standalone growth significantly.

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Shri Jagdamba Polymers posted a significant improvement in profitability for the first quarter of FY27, with standalone net profit after tax rising 73% year-on-year to ₹1,895.3 lakh. The company’s revenue from operations expanded by 28.8% to ₹18,284.1 lakh, reflecting stronger top-line momentum compared to the same period last year.

Consolidated figures showed similar growth, with net profit after tax increasing 61.8% to ₹2,000.5 lakh. Total income from operations on a consolidated basis reached ₹19,457.9 lakh, up from ₹14,189.9 lakh in Q1FY26. The Board of Directors approved these unaudited financial results in its meeting held on August 14, 2026.

Financial Performance

The company’s earnings per share (EPS) on a standalone basis rose to ₹21.64 for the quarter, compared to ₹14.75 in the corresponding period of the previous year. Consolidated EPS increased to ₹22.84 from ₹14.12. There were no exceptional items impacting the current quarter’s results, indicating that the growth was driven by core operational performance.

Metric Standalone Q1FY27 Standalone Q1FY26 Change Consolidated Q1FY27 Consolidated Q1FY26 Change
Revenue from Operations ₹18,284.1 lakh ₹14,193.6 lakh +28.8% ₹19,457.9 lakh ₹14,189.9 lakh +37.1%
Net Profit After Tax ₹1,895.3 lakh ₹1,291.6 lakh +46.7% ₹2,000.5 lakh ₹1,236.4 lakh +61.8%
EPS (Basic/Diluted) ₹21.64 ₹14.75 +46.7% ₹22.84 ₹14.12 +61.8%

What the Numbers Show

A key observation from the filing is the divergence between standalone and consolidated revenue growth. While standalone revenue grew by 28.8%, consolidated revenue expanded by a sharper 37.1%. This suggests that the company’s subsidiaries or associates contributed disproportionately to the top-line growth in this quarter, potentially indicating higher activity or better performance in consolidated entities relative to the parent company’s direct operations.

Corporate Actions and Governance

The financial results were reviewed by the Audit Committee on August 13, 2026, before being approved by the Board. The figures are prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013. The paid-up equity share capital remained unchanged at ₹87.58 lakh, with a face value of ₹1 per share.

Shri Jagdamba Polymers continues to maintain its position as a Star Export House, as indicated in its corporate communications. The full detailed financial statements are available on the company’s website and the stock exchange portals.

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What specific factors within the subsidiaries are driving the higher consolidated revenue growth compared to standalone operations?

How does the current profit margin expansion compare to industry peers in the polymers sector, and is this trend sustainable?

Will the company announce any dividend payouts or buyback programs given the significant rise in net profit and EPS?

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