Eveready Industries India Ltd
Eveready FY26 Results: Unmodified audit, Rs.2.50/share dividend approved
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 30 Apr 2026, 04:08 PM IST · BSE ID: a6a26726-6032-43e6-aeee-1bc741ecb183
View Original BSE Filing (PDF)
💡
In Simple Terms
Eveready's full-year profits passed audit without any red flags, and the board approved a cash dividend of Rs.2.50 per share to be paid after shareholder approval.
🤖 AI Summary
- Board approved FY26 audited results (standalone and consolidated) with unmodified audit opinion
- Dividend recommended at Rs.2.50 per equity share of Rs.5 each — 50% payout ratio
- M/s Singhi & Co auditors issued unmodified opinion on annual financial results
- CCI penalty of Rs.171.55 crores disclosed as contingent liability; NCLAT appeal pending with stay
- Dividend subject to approval at 91st AGM; record date and payment date to follow
🔢 Key Numbers — exact figures from BSE filing, not rounded
Recommended Dividend
Rs.2.50 per equity share of Rs.5 each (50% payout)
CCI Penalty (Contingent Liability)
Rs.171.55 crores
🏢 How This Affects the Company
Dividend payout of Rs.2.50 per share approved pending shareholder vote; contingent liability of Rs.171.55 crores relating to CCI penalty disclosed but not provisioned due to litigation uncertainty.
CCI competition compliance penalty of Rs.171.55 crores under appeal to NCLAT; stay granted but final liability outcome remains unresolved and cannot be reliably estimated.
👥 What This Means For Shareholders
✅
Action Required
Attend or vote by proxy at 91st AGM to approve dividend; record date announcement will follow board approval.
👤
Who Is Affected
All equity shareholders on record date for dividend of Rs.2.50 per share of Rs.5 par value; eligible post-AGM shareholder approval.
🔍
Management Signal
Board confidence in FY26 results quality evidenced by unmodified audit and continued dividend payout despite pending CCI litigation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
91st AGM shareholder approval vote on dividend recommendation — confirm resolution passed
Dividend record date announcement and payment date — track settlement in demat accounts
NCLAT appeal outcome on CCI penalty Rs.171.55 crores — monitor litigation status updates
MEDIUM RISK
CCI penalty Rs.171.55 crores pending appeal outcome; contingent liability unquantified due to litigation uncertainty.
💡 Investor Takeaway
FY26 results received unmodified audit opinion from M/s Singhi & Co. Board approved Rs.2.50 per share dividend (50% payout) pending shareholder approval at 91st AGM. Material contingent liability: Rs.171.55 crores CCI penalty under appeal with NCLAT stay granted; final liability uncertain.
⚖️ Strengths & Concerns
✅ Positives
- Unmodified audit opinion confirms financial statements give true and fair view with no qualifications
- Dividend approved at 50% payout ratio demonstrates capital discipline and shareholder return commitment
⚠️ Concerns
- CCI penalty of Rs.171.55 crores disclosed as contingent liability; appeal outcome uncertain despite NCLAT stay
- No financial numbers disclosed in this board meeting outcome filing; full results document not embedded