Super Tannery has declared a final dividend of ₹0.05 per equity share for FY26. The company fixed Tuesday, September 15, 2026 as the record date for the payout.

The Board of Directors approved the distribution during its meeting held on May 30, 2026. Each equity share carries a face value of ₹1.

Dividend Details

Shareholders holding equity shares on the record date will be eligible to receive the dividend. The company notified the Bombay Stock Exchange and depositories including NSDL and CDSL regarding the intimation.

Super Tannery reported a net profit of ₹74.6 crore for FY26, marking a modest 2.8% increase from the previous year, even as total revenue contracted by 13.2%. The Kanpur-based leather manufacturer declared a final dividend of ₹0.05 per share.

Financial Performance

The company’s total income fell to ₹2,483.5 crore in FY26 from ₹2,861.4 crore in FY25. This decline was primarily driven by a sharp drop in export sales and lower export incentives.

Despite the revenue contraction, profitability remained resilient due to controlled operating expenses. Cost of materials consumed decreased by 16.8% to ₹1,486.5 crore, outpacing the revenue decline.

Operational Highlights

Export sales, which form the bulk of the company's earnings, dropped significantly to ₹1,865.1 crore from ₹2,309.2 crore in the prior year. Indigenous sales, however, grew by 30.3% to ₹445.0 crore, partially offsetting the external headwinds.

The management noted that the company maintained satisfactory growth despite recessionary pressures in the market. The Board reaffirmed its focus on global competitiveness and cost optimization strategies to navigate the challenging economic scenario.

Balance Sheet Signals

Total assets increased by 10.6% to ₹2,939.1 crore, driven largely by a rise in inventories and investments. Short-term borrowings rose to ₹895.1 crore from ₹668.2 crore, indicating increased reliance on working capital facilities.

What the Numbers Show

While top-line growth was negative, the company managed to expand its bottom line. The divergence between falling revenue and rising net profit suggests improved operational efficiency or favorable cost dynamics in raw material procurement during the year.