Wendt India Limited Board of Directors approved the audited financial results for FY26 at their meeting held on April 24, 2026. The company reported significant decline in profitability while maintaining dividend commitments and scheduling key corporate events.

Board Meeting Outcomes

The Board meeting held on April 24, 2026, approved several key resolutions including the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company issued an official press release confirming the approval of financial results under Regulation 33 of SEBI Listing Regulations. The 44th Annual General Meeting is scheduled for July 24, 2026, with the record date set for July 17, 2026.

Financial Performance Overview

The company's FY26 performance showed mixed results with significant decline in profitability. On a standalone basis, the company achieved revenue from operations of ₹2,093.1 crore during FY26. Profit After Tax declined to ₹227.5 crore, representing a 41% decrease from the previous year due to change in product mix and increase in cost.

Sales Performance Analysis

Domestic sales recorded ₹1,646.5 crore during FY26, which is 2% lower than the previous year. The drop in sales was attributed to delays in customer clearance for dispatch of some machines. Export sales stood at ₹418.7 crore during FY26, lower by 4% over the previous year.

Dividend Declaration and Corporate Actions

The Board recommended a final dividend of ₹10 per share (100% on face value of ₹10 each) for FY26. Combined with the interim dividend of ₹20 per share declared on January 21, 2026, the total dividend for the year amounts to ₹30 per share (300% on face value). The payment of final dividend is subject to shareholder approval in the ensuing Annual General Meeting. The final dividend is expected to be credited to shareholder accounts by August 13, 2026.

Wendt (India) Limited has formally notified stock exchanges about an upcoming board meeting scheduled for April 24, 2026. The company, which operates from its facility in Sipcot, Hosur, Tamil Nadu, will convene its Board of Directors to address key financial matters for the concluded financial year.

Board Meeting Agenda

The primary agenda items for the board meeting include comprehensive review and approval of critical financial documents and shareholder benefits:

Financial Year Conclusion

The board will specifically focus on approving the audited financial results for the financial year that concluded on March 31, 2026. This represents the company's comprehensive financial performance assessment, which will provide stakeholders with detailed insights into the organization's operational and financial achievements during the period.

Dividend Consideration

In addition to the financial results approval, the board will deliberate on the final dividend distribution for the financial year 2025-26. This consideration demonstrates the company's commitment to returning value to shareholders based on the year's financial performance and available distributable reserves.

Regulatory Compliance

The announcement was made in strict adherence to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where material decisions affecting shareholders and market participants will be discussed.

Market Communication

Wendt (India) Limited has communicated this information to both major Indian stock exchanges - BSE Limited and National Stock Exchange of India Limited. The company trades under stock code 505412 on BSE and WENDT on NSE, ensuring broad market accessibility for investors and stakeholders seeking to track the company's developments.