Siddhika Coatings Limited has fixed July 4, 2026 as the record date for determining shareholder entitlement for a final dividend of ₹4 per equity share of ₹10 each for the financial year 2025-26. The dividend declaration is subject to the approval of the Members at the ensuing Annual General Meeting. If approved, the payout will be made within the timelines prescribed under the Companies Act, 2013.

Auditor Appointment

The Board of Directors, based on the recommendation of the Audit Committee, approved the appointment of M/s JKSS & Associates, Chartered Accountants, as statutory auditors. The firm has been appointed for a term of five consecutive years commencing from the conclusion of the ensuing Annual General Meeting until the conclusion of the 21st Annual General Meeting. This appointment is also subject to shareholder approval.

The disclosure regarding the auditor's appointment was made pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The firm, registered with the Institute of Chartered Accountants of India, holds experience in statutory audits, taxation, internal audits, GST advisory, and corporate compliance services. The filing confirmed that the auditors have no relationship with the directors or key managerial personnel of the company.

Key Details

Siddhika Coatings Limited has announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 16, 2026. The company reported a consolidated net profit of ₹1,039.25 lakh for the year, compared to ₹853.68 lakh in the previous year, reflecting a growth of 21.7%. On a standalone basis, the net profit for the year increased to ₹986.12 lakh from ₹803.12 lakh in FY25.

Financial Performance

The company's total revenue from operations on a consolidated basis rose to ₹5,927 lakh for the year ended March 31, 2026, up from ₹5,177.77 lakh in the corresponding period of the previous year. Standalone revenue from operations for the year was reported at ₹5,619.44 lakh, compared to ₹4,935.58 lakh in FY25. The profit before tax for the consolidated results stood at ₹1,369.08 lakh, while the standalone profit before tax was ₹1,297.25 lakh.

Key Financial Metrics (Consolidated)

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹4.00 per equity share for the financial year 2025-26. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting of the company. The face value of each equity share is ₹10.

Auditor and Compliance

The statutory auditors, M/s. V C A N & Co., Chartered Accountants, have issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The company also disclosed that it has fully utilized the proceeds of its public issue amounting to ₹469.68 lakh for the objects stated in the prospectus dated March 18, 2021. The Board appointed M/s. Sushil Gupta & Associates as Secretarial Auditor for FY27 and FY28, and M/s. Kumar Puneet & Associates as Internal Auditor for FY26 and FY27.