Patels Airtemp FY26 net profit falls 37.8% to ₹102.7 crore; board recommends ₹3 dividend
AI Market Summary
Patels Airtemp reported a sharp FY26 contraction, with revenue down 34.8% and net profit down 37.8%, followed by a Q1FY27 net loss as operating leverage turned negative amid an 81% revenue drop. The maintained ₹3 final dividend signals balance-sheet resilience but does not offset weakening demand and margin pressure. The update is mainly idiosyncratic and unlikely to shift broader macro risk sentiment.
Impact level
● Low
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▼ Bearish
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Patels Airtemp reported FY26 revenue down 34.8% year on year to ₹2,529.3 crore, while net profit declined 37.8% to ₹102.7 crore. The board recommended a final dividend of ₹3 per share, keeping the payout ratio at 30%. Earnings per share fell to ₹18.78 from ₹30.18 a year earlier.
