RECOMMENDATION OF FINAL DIVIDEND ON EQUITY SHARES FOR THE FINANCIAL YEAR 2024-25
As filed · Outcome of Board Meeting
CapitalImprovingMinormateriality 46 out of 100
What happened
FactRECOMMENDATION OF FINAL DIVIDEND ON EQUITY SHARES FOR THE FINANCIAL YEAR 2024-25. Hundred and Ten per cent) on the Equity Share Capital of the Company, i.e., Rs.11/- (Rupees.
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.
Guidance
RevisedEarlierQ1 FY27
So now after Q1, we are confident that our growth will be now -- at least full year basis, it will be more than 20%.
NowQ1 FY27
But I think one thing we're still pretty confident of is that we'll be able to target a double-digit growth still.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement projected growth of more than 20%, while the current statement targets double-digit growth, which could be as low as 10%.confidence 90%
Watch next
Fact- Record date
- Payout as a share of profit
- By end of the year, we think we should build up to 70%, 75%. (management committed by FY27)
- So now after Q1, we are confident that our growth will be now -- at least full year basis, it will be more tha (management committed by FY27)
Evidence
- Godrej Agrovet Limited has informed the Exchange regarding Outcome of Board Meeting held on April 30, 2025.(opens the original filing in a new tab)
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
- Earlier statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%