Weizmann Ltd fixes record date July 16 for FY26 dividend

Weizmann Ltd has fixed July 16, 2026 as the record date to determine shareholder eligibility for the final dividend for the financial year ended March 31, 2026. The Register of Members and Share Transfer Books will remain closed from July 17, 2026 to July 23, 2026. The 39th Annual General Meeting (AGM) is scheduled for July 23, 2026 at 3:30 p.m. through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

The Board of Directors has recommended a final dividend of Re. 0.50 per equity share, subject to shareholder approval at the AGM. This dividend is consistent with the previous year's payout. The total dividend outgo is estimated at ₹77.46 Lakhs. Remote e-voting for the AGM commences on July 20, 2026 and closes on July 22, 2026, with the cut-off date for determining eligibility set as July 16, 2026.

Financial Performance

The company reported a year-on-year increase in total income, though profitability declined marginally in FY26. Total income increased by approximately 8.08% to ₹12,701.26 Lakhs from ₹11,751.66 Lakhs in the previous year. Revenue from sale of services rose to ₹115.50 crore from ₹110.17 crore, while sale of products increased to ₹11.18 crore from ₹7.08 crore. Profit After Tax declined to ₹697.00 Lakhs from ₹800.97 Lakhs in the prior year.

Particulars	FY 2025-26 (₹ in Lakhs)	FY 2024-25 (₹ in Lakhs)
Total Income	12,701.26	11,751.66
Profit Before Depreciation	1,387.76	1,458.04
Less: Depreciation	448.28	336.71
Profit Before Tax	939.48	1,121.33
Less: Income Tax	228.42	327.07
Less: Deferred Tax	14.06	(6.71)
Profit After Tax	697.00	800.97
Other Comprehensive Income (Net of Tax)	3.54	(4.56)
Total Comprehensive Income	700.54	796.41

Corporate Governance

The statutory audit was conducted by M/s. Batliboi & Purohit, Chartered Accountants, who issued an unmodified opinion. The Board held five meetings during the year. Shri. Suryanarayanarao Narendra was appointed as a Non-Executive Independent Director effective August 12, 2025, while Shri. Balady S. Shetty ceased to be a Director on September 25, 2025. The company spent ₹23.05 Lakhs on Corporate Social Responsibility (CSR) against an obligation of ₹8.76 Lakhs.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.15%	-5.51%	+0.42%	-12.91%	-29.39%	+47.77%

Weizmann Limited reported a decline in financial performance for the year ended March 31, 2026, with standalone net profit falling 12.95% to ₹697 crore from ₹800.97 crore in the previous year. Revenue from operations for the period increased 8.05% to ₹12,668.91 crore, compared to ₹11,724.53 crore in FY25. The board of directors recommended a final dividend of ₹0.50 per equity share of ₹10 each, pending approval by shareholders at the upcoming Annual General Meeting.

The board, in its meeting held on May 28, 2026, adopted the audited financial results for the quarter and year ended March 31, 2026. The audit was conducted by Batliboi & Purohit, Chartered Accountants, who issued an unmodified opinion on the standalone and consolidated financial results. The report confirmed compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates primarily in the processing and manufacture of textiles, which constitutes its sole business segment under Ind-AS 108.

Financial Performance

The company's total income for FY26 stood at ₹12,701.26 crore, up from ₹11,751.66 crore in the prior year. Total expenses rose to ₹11,761.78 crore from ₹10,630.33 crore. Profit before tax for the year decreased to ₹939.48 crore from ₹1,121.33 crore in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹58.88 crore, a significant drop from ₹231.89 crore in the same quarter of the previous year.

Metric (₹ in Lakhs)	FY26	FY25
Revenue from Operations	12,668.91	11,724.53
Total Income	12,701.26	11,751.66
Total Expenses	11,761.78	10,630.33
Profit Before Tax	939.48	1,121.33
Net Profit	697.00	800.97
Earnings Per Share (Basic)	4.50	5.17

Consolidated Results

On a consolidated basis, the group reported a net profit of ₹591.30 crore for FY26, recovering from a net loss of ₹359.60 crore in the previous year. The consolidated results include the financial performance of associate company Windia Infrastructure Finance Limited. The group's total comprehensive income for the year stood at ₹594.76 crore. The board noted that the figures for the quarter ended March 31, 2026, were derived as balancing figures between audited annual results and unaudited year-to-date figures for the third quarter.

The company accounted for the incremental impact of new Labour Codes on retiral benefits under employee costs for the year ended March 31, 2026. Management stated it will continue to monitor developments regarding the rules to be notified by regulatory authorities and assess accounting implications accordingly. The paid-up equity share capital remained unchanged at ₹1,549.39 crore.