Final dividend of Rs. 28/- per Equity Share of the Face
As filed · Outcome of Board Meeting
What happened
FactFinal dividend of Rs. 28/- per Equity Share of the Face. Value of Rs. 2/- each (1400%) for the financial year 2024.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
RevisedAt EBITDA level, we have still delivered 12.7% for the quarter, which is well within our guided band of 12%-14%.
we keep growing our revenues like what we have done in this quarter at 163% and still maintaining an EBITDA at positive level.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- We intend to keep increasing our revenues at a very fast pace and are continuously looking at how we can attai (management committed by FY27)
- We are looking at how we can attain INR400 crore to INR500 crore turnover in next 3 to 4 years is what we are (management committed by FY29)
Evidence
- Gulf Oil Lubricants India Limited has submitted to the Exchange, the financial results for the period ended March 31, 2025.(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q3 FY26
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%