What was the main financial decision in the filing?

The board recommended a final dividend of ₹1.25 per share. That is a 12.5% payout based on face value, but the filing does not state the total payout amount.

Are there any operational updates in the filing?

No. The filing covers only the approval of annual financials and standard governance items like auditor appointments and director pay. No business commentary was provided.

How does the dividend relate to the company's size?

Vikram Thermo has a market capitalisation of ₹514 crore. The filing does not provide the total dividend payout or compare it to prior years.

What other routine matters did the board approve?

The board appointed internal and cost auditors for FY27 and approved changes to the remuneration for some directors and a related party.

Earnings · Chemicals · Micro cap

Vikram Thermo posts FY26 numbers, recommends ₹1.25 dividend

A routine annual filing for a ₹514 crore micro-cap, with no operational surprises and no forward guidance.

— 1 earlier story on Vikram Thermo (India) Ltd. →

VIKRAMTH By Tipsheet Editorial 26 May 2026 · 5:11 PM IST Verify on BSE · NSE

Mkt cap₹743 cr

P/E19.31×

ROE6.67%

Debt / eq.0.05

Div yld0.52%

₹1.25 / share Final dividend recommended for FY26

What's new

Board approved audited financial results for the quarter and year ended March 31, 2026.
Recommended a final dividend of ₹1.25 per share (12.5% on face value).
Appointed internal and cost auditors; approved director remuneration changes.

Why this matters

The dividend is the only item with a clear financial signal for shareholders. The rest is procedural governance that adds no new information about the business or its prospects.

What we're watching

The detailed FY26 profit figures once the full financials are released.
Whether the dividend payout ratio is sustainable given the company's ₹514 crore market cap.
Any forward-looking commentary from management on demand or costs.

The full read

Vikram Thermo's board signed off on its FY26 auditors' report and recommended a final dividend of ₹1.25 per share, a 12.5% payout on face value. The filing also covers routine appointments for internal and cost auditors and tweaked director pay. For a ₹514 crore micro-cap, this is a clean, uneventful results package. The dividend is the only item with a dollar sign attached. The detailed financials and management's outlook will be the real story. None of that is here.

Questions answered

What was the main financial decision in the filing?: The board recommended a final dividend of ₹1.25 per share. That is a 12.5% payout based on face value, but the filing does not state the total payout amount.
Are there any operational updates in the filing?: No. The filing covers only the approval of annual financials and standard governance items like auditor appointments and director pay. No business commentary was provided.
How does the dividend relate to the company's size?: Vikram Thermo has a market capitalisation of ₹514 crore. The filing does not provide the total dividend payout or compare it to prior years.
What other routine matters did the board approve?: The board appointed internal and cost auditors for FY27 and approved changes to the remuneration for some directors and a related party.

Mentioned: Vikram Thermo (India) Ltd. · ₹1.25 per share dividend · FY26

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Vikram Thermo (India) Ltd.

Chemicals

₹734 cr

P/E 19.06×

Latest quarter · Mar 2026

Sales₹38 cr

Net profit₹9 cr

Op. margin+31.7%

EPS₹2.72

Strength & growth

Debt / equity0.05×

Current ratio2.39×

Sales CAGR+13.4%

EPS CAGR+14.7%

Story so far

All notes on VIKRAMTH →

26 May 2026 · 5:11 PM IST Vikram Thermo posts FY26 numbers, recommends ₹1.25 dividend
41d ago Vikram Thermo posts ₹38.5 cr profit, recommends ₹1.25 dividend