Sugal & Damani Share Brokers reported a 13% decline in consolidated net profit to ₹412.83 crore for the financial year ended March 31, 2026, compared to ₹474.92 crore in the previous year. The company's revenue from operations decreased to ₹1,965.53 crore from ₹2,533.98 crore in FY25, primarily driven by its real estate segment. The Board of Directors approved the audited financial results and recommended a final dividend of ₹1 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.

Financial Performance

The decline in profitability was attributed to reduced income across the company's two primary business segments: Stock Broking and Real Estate. Total income from operations for the year stood at ₹2,020.49 crore, a decrease from ₹2,613.75 crore in the prior year. For the quarter ended March 31, 2026, the company reported a net profit of ₹61.24 crore on a total income of ₹521.07 crore.

Segment Results

The Real Estate segment remained the primary revenue driver, contributing ₹1,753.64 crore to the total income for FY26, though this was lower than the ₹2,308.99 crore recorded in FY25. The Stock Broking segment generated ₹266.85 crore in revenue for the year. Segment-wise, the Real Estate division reported a profit before tax of ₹386.15 crore for the year, while the Stock Broking segment posted a profit before tax of ₹167.36 crore.

Dividend Declaration

The Board has recommended a final dividend of ₹1 per equity share of ₹10 each, representing a 10% payout. This dividend is subject to the approval of shareholders at the Annual General Meeting. The company's statutory auditors, M/s Diyali B and Associates, issued an audit report with an unmodified opinion on the standalone and consolidated financial results.

Financial Position

The company's total assets stood at ₹3,292.61 crore as of March 31, 2026, compared to ₹3,266.86 crore in the previous year. Shareholders' funds increased to ₹2,992.07 crore from ₹2,588.67 crore. Cash and cash equivalents decreased significantly to ₹35.00 crore from ₹280.03 crore at the end of FY25, largely due to net cash outflows from investing and financing activities.

Sugal & Damani Share Brokers Limited has announced that its board of directors will meet on Friday, May 29, 2026, at 11:30 A.M. The meeting is being convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary agenda for the upcoming board meeting includes the consideration of the audited financial results for the financial year ended March 31, 2026. Alongside the results, the board will deliberate on the recommendation of a dividend, if any, on the equity shares of the company for the financial year 2025-26. Any dividend declared will be subject to the approval of shareholders in the ensuing Annual General Meeting.

Trading Window Closure

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, the trading window for dealing in the company's securities has been closed. This restriction applies to directors, designated employees, and officers covered under the code.

The trading window will remain closed from April 01, 2026, to May 31, 2026 (both days inclusive), effectively remaining shut until 48 hours after the announcement of the financial results to the public.