Worth Peripherals Announces Audited Financial Results, Dividend Recommendation, and Internal Auditor Appointment
Worth Peripherals Limited announced its audited financial results and key corporate resolutions following a Board of Directors meeting held on May 12, 2026. The Board approved the financial results for the Quarter and Year ended March 31, 2026, alongside the findings from the statutory auditors.Maheshwari & Gupta, the statutory auditors, declared an unmodified opinion on the company's financial statements.
Key Corporate Resolutions
At the board meeting, the Board took several key decisions regarding the company's financial future and governance structure:- Dividend Recommendation: The Board recommended a final dividend of 10%, equating to Rs 1 per equity share of the face value of Rs 10 each, for the financial year 2025-26. This dividend is subject to the approval of the shareholders at the ensuing Annual General Meeting (AGM).
- Internal Auditor Appointment: The Board approved the appointment of Mr. Shubham Tirole, Chartered Accountant, as the Internal Auditor for the financial year spanning April 1, 2026, to March 31, 2027 (FY 2026-27), following a recommendation from the Audit Committee.
Subsidiary Operations Update
Worth Peripherals also provided an update on its wholly owned subsidiary, Worth Wellness Private Limited. The company noted that the subsidiary's plant is currently in advanced stages of machine installation, and equipment is expected to arrive soon. Worth Peripherals anticipates commencing production operations in stages in the upcoming months.Financial Performance Summary (2026 vs. 2025)
The financial reports provided reflect the company's performance and balance sheet position for the year ended March 31, 2026, compared to the previous year.Standalone Results Highlights (Rs 2 in Lakhs)
The annual audited financial results show the following figures for the year ended March 31, 2026, compared to the year ended March 31, 2025:
| Metric | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|
| Revenue from Operations | 20,953.85 | 19,470.84 |
| Total Income | 21,919.72 | 20,197.30 |
| Total Expenses | 19,672.28 | 18,127.48 |
| Profit after tax | 1,763.36 | 1,580.32 |
Consolidated Results Highlights (Rs 2 in Lakhs)
The consolidated statements reveal an increase in total income and profit:
| Metric | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|
| Total Income | 28,042.88 | 27,579.15 |
| Total Expenses | 25,645.62 | 20,263.66 |
| Total Comprehensive Income | 1,725.35 | 1,543.47 |
Financial Position at March 31, 2026
The Balance Sheet data, presented at the board meeting, highlights the company's asset base and equity structure:Consolidated Assets and Liabilities (Rs 2 in Lakhs)
| Account Category | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Total Assets | 27,809.54 | 22,967.09 |
| Total Equity | 20,464.42 | 18,889.65 |
| Total Liabilities | 7,345.12 | 4,077.44 |
Standalone Assets and Liabilities (Rs 2 in Lakhs)
| Account Category | As at 31.03.2026 | As at 31.03.2025 |
|---|---|---|
| Total Assets | 20,383.65 | 18,762.79 |
| Total Equity | 19,082.35 | 17,369.48 |
| Total Liabilities | 1,301.30 | 1,393.31 |
Disclaimer: The foregoing financial data and corporate actions are based solely on the information provided in the source text and do not constitute financial advice.
WORTHPERI Stock Price Movement
Worth Peripherals Limited shares today slipped by 1.93% to settle at ₹137. The stock experienced a total traded volume of 8,552 shares throughout the session.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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