logologo
Search stocks, ETFs, IPOs & more
Quest
arrow
WhatsApp Icon

Banswara Syntex dividend 2026: record date, FY26 profit

BANSWRAS

Banswara Syntex Ltd

BANSWRAS

Ask AI

Ask AI

Stock snapshot and what changed

Banswara Syntex Ltd (NSE: BANSWRAS, BSE: 503722) traded around ₹130.8 on BSE, down ₹2.35 or 1.76% at 04:01 PM, as per the provided market screen. The same data set also cites a “current share price” of ₹131.67. The company is classified under Textile - Manmade Fibres.

The updates in focus are corporate action details for a final dividend, the schedule and process around the company’s 50th Annual General Meeting (AGM), and recent operating and governance disclosures for FY26 and the March 2026 quarter.

Final dividend: amount, record date, and shareholder eligibility

Banswara Syntex has fixed July 23, 2026 as the record date to determine which shareholders are eligible for a final dividend of ₹1 per equity share (face value ₹5 each). The dividend is subject to shareholder approval.

The Board recommended this final dividend for the financial year ended March 31, 2026. As per the disclosure, the dividend will be paid to members whose names appear on the register of members or in depository records as of the record date.

AGM schedule and remote e-voting window

The company’s 50th AGM is scheduled on July 30, 2026 at 5:00 PM IST, and will be conducted via video conferencing. For shareholders who plan to vote electronically, remote e-voting is available from July 25 to July 29, 2026.

The company has requested members to register or update their email IDs with depositories to receive the AGM notice and e-voting credentials. Physical copies of the Annual Report will be dispatched only upon request to the company or its Registrar.

FY26 financial performance: profit up, revenue higher

For FY26, Banswara Syntex reported a 32.8% rise in net profit to ₹28.40 crore (₹2,840.20 lakh), versus ₹21.39 crore (₹2,139.11 lakh) in the previous year.

Revenue for FY26 grew 5% to ₹1,355.78 crore (₹1,35,578.44 lakh). These numbers indicate profit growth outpacing top-line growth in the period covered by the disclosure.

March 2026 quarter: profit improvement year-on-year

For the quarter ended March 31, 2026, the company reported a net profit of ₹9.60 crore (₹959.78 lakh). This was higher than ₹5.13 crore (₹512.86 lakh) in the corresponding period of the previous year.

The data provided does not include quarterly revenue for the March 2026 quarter in the same paragraph, but it does present a separate Net Sales table (see below) that shows the March 2026 quarter net sales figure.

Net sales trend across quarters (as provided)

The provided quarterly Net Sales series shows movement across five quarters up to March 2026.

ParticularsMar 2025 (₹ crore)Jun 2025 (₹ crore)Sep 2025 (₹ crore)Dec 2025 (₹ crore)Mar 2026 (₹ crore)
Net Sales339.51305.81344.56339.66365.75

Shareholding pattern and notable holders

The shareholding table in the data shows promoters at 54.19% consistently from Mar 2025 through Mar 2026, and investors at 45.81% over the same periods.

Named holdings and changes included in the data set show Hitesh Satishchandra Doshi increasing his reported stake from 1.14% (Mar 2025) to 1.54% (Mar 2026). His holding value is shown as ₹6.90006624 crore.

Other listed names and stakes shown (constant across periods in the table) include: Kavita Soni (5.65%), Indus Kamdhenu Fund Ltd (3.51%), Ebisu Global Opportunites (3.68%), Lawson Trading Co. Pvt Ltd (2.37%), Moonfine Trading Co. Pvt Ltd (1.14%), Niral Trading Pvt Ltd (3.28%), Navnita Mehra (4.69%), and Speedshore Trading Co. Pvt Ltd (1.18%).

Governance and compliance updates: RTA change and CS resignation

Banswara Syntex approved changing its Registrar to an Issue and Share Transfer Agent (RTA) from M/s Computech Sharecap Limited to M/s Bigshare Services Private Limited. The existing RTA will continue until completion of the data transition and related procedures.

The company also announced the resignation of Mr. Ketan Kumar Dave as Company Secretary cum Compliance Officer, effective May 19, 2026. Following this, the disclosure states that the trading window for directors and designated persons would open from May 22, 2026.

Key facts table: dividend, dates, financials, and market data

ItemDetails (as provided)
Share price reference₹130.8 (BSE, 04:01 PM, down 1.76%); also cited: ₹131.67 as current share price
Market capitalisation₹450.733850028 crore
Final dividend₹1 per equity share (FV ₹5) for FY ended Mar 31, 2026 (subject to approval)
Record dateJuly 23, 2026
50th AGMJuly 30, 2026, 5:00 PM IST, via video conferencing
Remote e-votingJuly 25 to July 29, 2026
FY26 revenue₹1,355.78 crore
FY26 net profit₹28.40 crore (up 32.8%)
Promoter holding54.19% (Mar 2025 to Mar 2026)

Context from earlier operating disclosure (Q1 update)

The provided text also references an earlier results note stating that the company reported a 12.7% year-on-year increase in total income to ₹309.60 crore for Q1, with EBITDA of ₹21.90 crore and an EBITDA margin of 7.1%. In the same note, the company reported a net loss of ₹1.40 crore, attributed to “unforeseen operational challenges.”

That disclosure highlighted divisional performance, citing garment division revenue growth of 42%, yarn division growth of 10%, and fabric division growth of 4%. It also mentioned management commentary about operational efficiency and value-added products, and potential benefits from the India-UK Free Trade Agreement.

Why the record date and AGM mechanics matter for investors

For shareholders, the record date is central because it determines who is eligible for the final dividend, subject to approval at the AGM. The e-voting schedule is also relevant for investors who want to participate in resolutions without attending a physical meeting.

Alongside the corporate action, the FY26 numbers show higher profit and modest revenue growth, while the governance updates (RTA transition and Company Secretary resignation) are operationally important because they affect shareholder services, compliance processes, and information flow.

Conclusion

Banswara Syntex’s final dividend of ₹1 per share is tied to a clear timeline: record date on July 23, 2026, e-voting from July 25 to July 29, and shareholder approval at the 50th AGM on July 30, 2026. The company’s FY26 results showed net profit growth to ₹28.40 crore on revenue of ₹1,355.78 crore, while recent corporate actions include an RTA change and a Company Secretary resignation effective May 19, 2026.

Frequently Asked Questions

Banswara Syntex has fixed July 23, 2026 as the record date to determine shareholder eligibility for the ₹1 per share final dividend, subject to approval at the AGM.
The Board has recommended a final dividend of ₹1 per equity share of face value ₹5 for the financial year ended March 31, 2026, subject to shareholder approval.
The 50th AGM is scheduled for July 30, 2026 at 5:00 PM IST, and it will be held via video conferencing.
For FY26, revenue was ₹1,355.78 crore and net profit was ₹28.40 crore, representing a 32.8% increase in net profit versus the previous year.
The company approved changing its RTA from Computech Sharecap Limited to Bigshare Services Private Limited and announced the resignation of Company Secretary Ketan Kumar Dave effective May 19, 2026.

Did your stocks survive the war?

See what broke. See what stood.

Live Q1 Earnings Tracker