Exide Pakistan Limited has announced its financial results for the year ended March 31, 2026, reporting a decline in profitability amid lower sales and increased operating pressures. Despite the earnings slowdown, the company’s Board of Directors has recommended a final cash dividend of Rs. 5 per share (50%), reflecting confidence in its financial position and commitment to shareholder returns.
According to the company’s notification, the Board approved the financial statements at its meeting held on June 27, 2026. The company did not announce any bonus shares, right shares, or other corporate actions alongside the dividend declaration. The Annual General Meeting (AGM) is scheduled for July 29, 2026, while the share transfer books will remain closed from July 23 to July 29, 2026.
For the fiscal year, Exide Pakistan recorded net sales of Rs. 19.64 billion, down from Rs. 23.90 billion in the previous year. As a result, gross profit declined to Rs. 2.73 billion from Rs. 3.87 billion, while operating profit fell to Rs. 1.14 billion compared with Rs. 1.77 billion a year earlier.
The company posted a profit after tax of Rs. 431.68 million, marking a decline of nearly 30% from Rs. 614.44 million reported in the previous financial year. Consequently, earnings per share (EPS) decreased to Rs. 55.57, compared with Rs. 79.09 last year.
On the balance sheet, total assets stood at approximately Rs. 14.12 billion, while shareholders’ equity increased to Rs. 7.48 billion, supported by a significant revaluation surplus on land and buildings. The company also generated positive operating cash flow during the year, indicating stable liquidity despite the weaker earnings performance.
While Exide Pakistan faced headwinds from declining sales and compressed margins during FY2026, its decision to maintain a healthy cash dividend signals management’s confidence in the company’s long-term fundamentals. Investors will now look to the coming fiscal year for signs of demand recovery and improved operational performance.
