2:1 Split: NBFC Announces 27.26% Rally In Net, Declares Dividend; How To Be Eligible?

Mid cap NBFC sector company Capri Global Capital Limited on May 9 declared a surge of 27.26% in its net profit to Rs 82.59 crore for the quarter ended March 2024 as compared to Rs 64.90 crore declared in the corresponding quarter of March 2023. Board of Directors of Capri Global Capital also recommended a final dividend of Re 0.15 paise per equity share of Re 1/- each for financial year March 31, 2024. Current market price of Capri Global Capital share on BSE is Rs 226.95 per share with intraday fall of 2.55%. Capri Global Capital shares zoomed 17% YTD and 34% in last 1-year. The NBFC has a market capitalisation of Rs 18,701.39 crore. Capri Global Capital reported its results after market hours. More details below:

Capri Global Capital Recommends Dividend: As per the regulatory filing of the company dated May 9, 2024, "recommended a final dividend of Fifteen Paise only per equity share of Rs. 1/- each for the financial year ended March 31, 2024."

Capri Global Capital Q4 Results: The sales of Capri Global Capital Ltd witnessed a surge by 43.17% to Rs 631.59 crore for the quarter ended March 2024 as compared to Rs 441.14 crore reported similar quarter of last year. For the whole year, Capri Global Capital stated the net profit zoomed 36.53% to Rs 279.41 crore for the year ended March 2024 as against Rs 204.65 crore reported in the preceding year ended March 2023. Sales jumped 58.46% to Rs 2259.59 crore for the year ended March 2024 as compared to Rs 1425 crore reported previous year ended March 2023.

Capri Global Capital Share Performance: The 52-week high price of Capri Global Capital Limited share on BSE is Rs 289.40 per share and 52-week low price is Rs 149.51 per share, respectively. Capri Global Capital shares surged 29% in last 6-months, soared 60% in last 1-year, and offered return of 460% in last 5-years. In last 10-years, Capri Global Capital shares surged 4145%.

How To Be Eligible To Receive Capri Global Dividend? Record date plays a significant role in deciding the eligibility of shareholders for the dividend. Individuals whose name appear in company's shareholders record as on the record date will become eligible to earn dividend announced by the company. Record date is the particular day on which a company confirms the list of shareholders eligible for its dividend distribution. Capri Global is yet to issue record date for its upcoming dividend.

Capri Global Capital Limited Bonus Share, Stock Split In 2024: The company announced 1:1 bonus share and 2:1 stock split in 2024 and fixed the Record date as March 5, 2024.

Capri Global declared its EPS surged to Rs 3.30 in December 2023 from Rs 2.13 in December 2022.

Disclaimer:

The stock highlights dividend, Q4 results, and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.