Cheviot Company Approves FY 2026 Results, Recommends Final Dividend of ₹ 25 Per Share
Cheviot Company Limited announced that its Board of Directors, at a meeting held on May 21, 2026, approved the audited standalone financial results for the financial year ended March 31, 2026. The Board also recommended a final dividend of ₹ 25/- per ordinary share.The Board recommended a final dividend of ₹ 25/- per ordinary share, based on 58,41,875 fully paidup ordinary shares of face value of ₹ 10/- each. This recommendation aggregates to ₹ 14,60,46,875/- for the financial year ended March 31, 2026.
The dividend is subject to the approval of the members at the ensuing Annual General Meeting (AGM), scheduled for August 6, 2026. The Company set the Record Date for the final dividend entitlement at July 30, 2026. If declared at the AGM, the dividend payment is slated for August 11, 2026.
The annual financial results included the statement of assets and liabilities and statement of cash flows for the year ended March 31, 2026.
Financial Highlights for the Year Ended March 31, 2026
According to the audited Statement of Assets and Liabilities, the Company reported a total asset value of ₹ 77,038.89 Lakhs as of March 31, 2026, compared to ₹ 71,327.42 Lakhs the previous year. Total equity stood at ₹ 70,585.10 Lakhs.The statement also detailed significant components of the balance sheet:
| Particulars | As at 31/03/2026 (₹ In Lakhs) | As at 31/03/2025 (₹ In Lakhs) |
|---|---|---|
| Total Assets | 77,038.89 | 71,327.42 |
| Non-current assets (Total) | 56,304.76 | 51,278.70 |
| Total current assets | 20,734.13 | 20,048.72 |
| Total Equity | 70,585.10 | 65,094.57 |
| Total Liabilities | 6,453.79 | 6,232.85 |
The Statement of Cash Flows highlighted the net cash generated from operating activities for the year ended March 31, 2026, was ₹ 2,616.85 Lakhs. Cash from investing activities was ₹ 2,845.07 Lakhs, and cash from financing activities was (34.59) Lakhs.
Audit Opinion and Profit Summary
The audit report confirmed that the financial results for the year ended March 31, 2026, give a true and fair view in conformity with the recognized accounting standards.In terms of profitability, the consolidated figures for the year ended March 31, 2026, show:
| Particulars | Year ended 31/03/2026 (₹ In Lakhs) | Previous year ended 31/03/2025 (₹ In Lakhs) |
|---|---|---|
| Total Income | 54,983.25 | 46,844.55 |
| Total Expenses | 48,036.76 | 39,334.18 |
| Profit / (loss) before tax | 6,946.49 | 7,510.37 |
| Total tax expense | 1,777.34 | 1,736.18 |
| Profit / (loss) for the period | 5,169.15 | 5,774.19 |
| Total comprehensive income / (loss) for the period | 5,782.62 | 6,696.72 |
The Company’s management and the Board of Directors are responsible for the preparation and presentation of these financial results.
The annual financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors.
CHEVIOT Stock Price Movement
Today, Cheviot Company Limited shares slipped by 0.24% to close at ₹1207.5. The stock traded on a volume of 5,983 shares during post-market hours.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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