Emerald Tyre Manufacturers Approves FY26 Results and Recommends Dividend of Re. 1.00 Per Share
Emerald Tyre Manufacturers Limited, formerly Emerald Resilient Tyre Manufacturers Private Limited, announced several outcomes following its Board Meeting held on May 25, 2026. The Board considered and approved the Company's Standalone and Consolidated Audited Financial Results for the half year and year ended March 31, 2026.The Board also recommended a final Dividend of Re. 1.00 per equity share. This dividend payment relates to the financial year 2025-2026 and is subject to approval by the shareholders at the ensuing Annual General Meeting.
The Company's statutory auditors, M/s. Rajani & Co., issued an unmodified opinion on both the standalone and consolidated audited financial results for the year ended March 31, 2026.
Financial Performance Highlights
The audited financial results for the half year and year ended March 31, 2026, reflect significant figures across both standalone and consolidated metrics.Standalone Financial Highlights
The standalone audited Profit and Loss account data for the period ended March 31, 2026, showed the following total income and net profit:| Metric | Half Year Ended March 31, 2026 | Year Ended March 31, 2026 |
|---|---|---|
| Net Sales / Income from operations | 10,527.32 | 20,292.96 |
| Other Income (Net) | 327.32 | 697.86 |
| Total Income | 10,854.64 | 20,990.82 |
| Net profit for the period | 362.75 | 873.93 |
| Earning per share (Basic) | 1.86 | 4.49 |
The standalone audited balance sheet reveals changes in the Company’s financial structure:
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Total Shareholder's Funds | 12,713 | 12,033.80 |
| Total Non Current Liabilities | 6,267.88 | 1,930.17 |
| Total Current Liabilities | 9,782.18 | 9,773.91 |
| Total Liabilities | 28,763 | 23,737.88 |
| Total Assets | 14,420.9 | 13,184.49 |
Consolidated Financial Highlights
For the consolidated results, Total Income stood at 11,622.17 (Rs in Lakhs) for the half year ended March 31, 2026, and 22,514.48 (Rs in Lakhs) for the year ended March 31, 2026. The corresponding net profit for the half year was 76.61 and for the full year was 6.52 per basic earnings per share.The consolidated balance sheet reports Total Shareholder's Funds at 11,537.4 (Rs in Lakhs) as at March 31, 2026, compared to 10,931.49 (Rs in Lakhs) on the same date in the previous year.
| Particulars | As at March 31, 2026 | As at March 31, 2025 |
|---|---|---|
| Total Shareholder's Funds | 11,537.4 | 10,931.49 |
| Total Non Current Liabilities | 6,365.1 | 2,079.05 |
| Total Liabilities | 28,606.9 | 23,710.83 |
| Total Assets | 14,748.3 | 13,647.37 |
Auditor Re-appointment
The Board of Directors also addressed the re-appointment of internal and cost auditors for the financial year 2026-27.- Internal Auditors: M/s. Santhosh Jayamanoj & Associates, Chartered Accountants, Chennai, were re-appointed for the financial year 2026-27.
- Cost Auditors: M/s. Starp & Associates, Cost Accountants, Chennai, were approved for re-appointment as Cost Auditors for the financial year 2026-27.
The articles of the Company confirm that the audited financial results for the half year and year ended March 31, 2026, are available on the Company's website.
ETML Stock Price Movement
Today, Emerald Tyre Manufacturers Limited shares edged higher to close at ₹85, concluding the day with a gain of 0.35%. The stock settled amid a volume of 10,800 shares, comfortably above its previous closing price of ₹84.7.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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