DSIJ Mindshare

The Board of Directors proposed a final dividend of Rs 4.50 per equity share or 225 per cent of the face value of Rs 2 per equity share, for the financial year ended 31 March 2023, which is subject to the approval of shareholders at the forthcoming AGM. Furthermore, the company has an order book of Rs 3,414 crore as of March 31, 2023.

The company has a ROCE of 61.2 per cent and a ROE of 54.4 per cent.

On Friday, at 03:30 pm, indices ended the trading session lower with the BSE Sensex Index up 0.77 per cent at 65,280.45 and the NSE Nifty-50 Index up 0.85 per cent at 19,331.80. 

On Friday, the GIFT Nifty suggested a stagnant beginning for the benchmark indices, showing an increase of 15 points. The futures were recorded at 19,503.

The company has a market cap of Rs 500.68 crore. According to the financials, the company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23).  The company has been maintaining a healthy dividend payout of 18.7 per cent and has a 3-year CAGR of 82 per cent.