Ambika Cotton Mills Announces Final Dividend and Details Rs. 75 Crore Plant Modernization Plan

Ambika Cotton Mills Announces Final Dividend and Details Rs. 75 Crore Plant Modernization Plan​

Ambika Cotton Mills Limited announced its audited financial results for the year ended March 31, 2026, and recommended a Final Dividend to its shareholders. The company also detailed its ongoing investment strategy, which includes plans to modernize its plant using internal accruals.

The Board of Directors considered and took on record the audited financial results and the independent auditor's report for the period. Following this, the Board recommended a Final Dividend of Rs. 37/- (370%) per equity share, based on the face value of Rs. 0.10/- per share.

Financial Performance Snapshot​

Ambika Cotton Mills Limited reported significant financial activity, maintaining its focus solely on the Textiles segment.

Total assets recorded at the end of the financial year were Rs. 110429, compared to Rs. 115100 at the end of the previous year.

The company generated key financial metrics for the year:


The company's Statement of Cash Flows indicated that net cash generated from operating activities reached Rs. 22825 for the year ended March 31, 2026.

Investment and Operational Outlook​

In terms of capital expenditure, Ambika Cotton Mills Limited reported that it invested a total of Rs. 61.62 Crores in Factory Building, Plant & Machinery during the year, funding this expenditure through internal accruals.

Looking ahead, the company has proposed a modernization of its plant with an estimated cost of Rs. 75 Crores. This entire investment is proposed to be met out of internal accruals. The company expects this modernization effort to significantly strengthen the production process and become operational starting January 2027. Orders for the machinery have been placed with Indigenous Machinery Manufacturers, and Letters of Credits have been opened for the import of plant machinery.

In other reported financial developments for the year, the company noted that Other Expenditure included a Foreign Currency Fluctuation Loss of Rs. 15.41 Crores, inclusive of Materialized Translation (MTM) Loss of Rs. 9.37 Crores. For the quarter, the loss was reported at Rs. 5.75 Crores (inclusive of MTM Loss of Rs. 4.76 Crores).

AMBIKCO Stock Price Movement​

Shares of Ambika Cotton Mills Limited are surging to ₹1694.3 as of 3:22 PM, gaining 5.56% in live trading. The stock jumped ₹89.20 on a volume of 90,896 shares, successfully pushing the equity to reach its 52-week high.