Stovec Industries reports a sharp profit decline in Q3 FY26 while proposing Rs 12 per equity share dividend for FY2025

Stovec Industries reported a sharp fall in profit for the December 2025 quarter, while also announcing a dividend plan for FY2025. The small-cap capital goods firm traded lower on 24 February 2026, with light volumes. Investors tracked the update alongside fresh technical levels and full-year performance numbers released for the year ended 31 December 2025.

At 11:15 AM IST on 24 February 2026, Stovec Industries Ltd (BOM: 504959) traded at Rs 1,900.00. The price was down 2.21% from the previous close of Rs 1,942.95. The stock opened at Rs 1,901.50 and moved between Rs 1,890.50 and Rs 1,940.00. Volume stood at 691 shares.

The Board of Directors "recommend dividend of Rs. 12 per equity share of Rs. 10/- each {i.e. 120%) for the financial year ended December 31, 2025, and the same will be paid to the eligible members on or before its due date, if approved by the shareholders at the ensuing Annual General Meeting {"AGM"). Trading Window which has been closed for Specified Persons to approve above results shall be re-opened on February 25, 2026," Stovec Industries confirmed in a statement.

Business Standard reported a steep year-on-year drop in quarterly earnings. Net profit fell 89.54% to Rs 0.16 crore in the quarter ended December 2025. It was Rs 1.53 crore in the quarter ended December 2024. Revenue also weakened, slipping 8.21% to Rs 51.42 crore from Rs 56.02 crore in Q3FY25.

For the full year ended December 2025, profit declined 46.76% to Rs 6.90 crore. It compared with Rs 12.96 crore in the year ended December 2024. Sales dropped 15.54% to Rs 198.11 crore from Rs 234.57 crore over the same period. These figures reflected pressure across the year.

Key reported financial numbers are listed below for easier comparison.

Period	Net profit	Sales
Quarter ended December 2025 (Q3FY26)	Rs 0.16 crore	Rs 51.42 crore
Quarter ended December 2024 (Q3FY25)	Rs 1.53 crore	Rs 56.02 crore
Year ended December 2025	Rs 6.90 crore	Rs 198.11 crore
Year ended December 2024	Rs 12.96 crore	Rs 234.57 crore

"Stovec Industries stock price is bearish on the Daily charts with strong resistance at 1953. A Daily close below support of 1890 could lead to a target of 1745 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

Stovec Industries had a market capitalisation of about Rs 397 crores. The 52-week price band ranged from Rs 1,825.00 to Rs 2,999.05. Valuation indicators showed a trailing P/E near 48.0 to 48.6. The company remained largely debt-free and showed a dividend yield of 5.98% despite weaker earnings.

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Stovec Industries paired its FY2025 dividend proposal with results that showed lower sales and profit. The stock stayed near Rs 1,900 on 24 February 2026 after a decline, and technical levels highlighted support near Rs 1,890. Investors now awaited shareholder approval at the AGM and tracked the trading window reopening on February 25, 2026.