Soma Textiles fixes July 17 record date for final dividend

1 min read     Updated on 07 Jul 2026, 07:12 PM
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Soma Textiles & Industries Ltd has confirmed July 17, 2026, as the record date for a 5% final dividend for FY26. The company reported a net profit of ₹981.84 lakhs, with revenue surging to ₹8,088.16 lakhs following its transition into highway construction.

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Soma Textiles & Industries Limited has fixed July 17, 2026, as the record date to determine shareholder eligibility for the final dividend recommended for the financial year ended March 31, 2026. The Board of Directors had previously recommended a final dividend of 5%, or ₹0.5 per equity share of ₹10 each, subject to shareholder approval at the upcoming Annual General Meeting. This confirmation was submitted to the Bombay Stock Exchange in response to a query regarding the compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company reported a net profit of ₹981.84 lakhs for FY26, a decrease from the ₹6,930.94 lakhs recorded in the previous year. Revenue from operations surged to ₹8,088.16 lakhs from ₹948.75 lakhs, driven by the company's transition into highway construction. Following a change in management and control, Soma Textiles restructured its operations, making highway construction its sole reportable primary business segment starting from the quarter ended December 2025.

For the year under review, the company recorded exceptional items totaling ₹611.24 lakhs. This included a foreign exchange gain of ₹337.19 lakhs on a loan to its associate company, Soma Textiles FZC, and a profit of ₹274.04 lakhs on the sale of fixed assets. Total income for the year stood at ₹8,750.96 lakhs, while total expenses were reported at ₹8,273.16 lakhs. The company has not transferred any amount to reserves during the financial year.

Financial Performance

Metric FY26 (₹ in lakhs) FY25 (₹ in lakhs)
Revenue from Operations 8,088.16 948.75
Total Income 8,750.96 1,454.36
Total Expenses 8,273.16 6,926.87
Profit before Exceptional Item and Tax 477.80 (131.66)
Net Profit for the Period 981.84 6,930.94
Earnings Per Share (Basic) 2.98 20.98

The company’s equity share capital remained unchanged at ₹3,303.30 lakhs, divided into 3,30,33,000 equity shares of ₹10 each. As of March 31, 2026, 97.41% of the total paid-up equity share capital was held in dematerialized form.

Historical Stock Returns for Soma Textiles & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.81%+4.51%+9.31%-10.67%+37.01%+1,453.19%

How will the transition to highway construction impact the company's profit margins in the next fiscal year?

What are the growth prospects for the new primary business segment given the competitive landscape in highway construction?

Will the company maintain the current dividend payout ratio given the significant decline in net profit?

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Soma Textiles recommends FY26 dividend of ₹0.5 per share

1 min read     Updated on 13 Jun 2026, 04:31 AM
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Soma Textiles & Industries Ltd has recommended a final dividend of ₹0.5 per share for the financial year ended March 31, 2026. The payout, set at a 5% rate on ₹10 face value shares, requires shareholder approval at the 88th AGM on July 31, 2026. The company has fixed July 17, 2026, as the record date to determine eligibility.

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Soma Textiles & Industries Ltd has recommended a final dividend of ₹0.5 per equity share for the financial year ended March 31, 2026. The dividend, proposed at a rate of 5% on shares with a face value of ₹10 each, is subject to shareholder approval at the ensuing 88th Annual General Meeting (AGM). The company has fixed July 17, 2026, as the record date to determine shareholder entitlement for the payout.

The Board of Directors approved the recommendation during a meeting held on June 12, 2026, which commenced at 4:00 P.M. and concluded at 5:30 P.M. The dividend will be paid within statutory timelines after deduction of applicable taxes, provided it is declared by the shareholders. The AGM is scheduled for July 31, 2026, and will be conducted via video conferencing or other audio-visual means.

The intimation regarding the outcome was made pursuant to Regulation 30, 42, and 43 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dividend Details

Event Details
Dividend Amount ₹0.5 per share
Dividend Rate 5%
Financial Year FY26
Record Date July 17, 2026
AGM Date July 31, 2026

Historical Stock Returns for Soma Textiles & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.81%+4.51%+9.31%-10.67%+37.01%+1,453.19%

How will the dividend payout impact Soma Textiles' cash flow and capital allocation plans for FY27?

What are the expected shareholder attendance and approval rates for the upcoming virtual AGM?

How might the dividend announcement influence investor sentiment and stock performance in the short term?

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