Synopsis: Micro-Cap shares rise 7% as it recommends a 10:1 bonus issue, granting 10 bonus shares for each share held, subject to approvals, while adjusting its FY26 dividend proportionately after the bonus issue.
Shares of Micro-Cap, which specializes in the manufacturing and distribution of biodiesel and its by-products (such as crude glycerin), focusing on renewable green energy solutions, are in the spotlight in the day’s trading as they have risen as much as 7 percent on announcing a 10:1 bonus.
With a market capitalization of Rs. 450.23 crore in the day’s trade, the shares of Kotyark Industries Ltd increased by 6.8 percent, peaking at Rs. 416.4 per share compared to its previous closing price of Rs. 445 per share.
What happened
Kotyark Industries Ltd, engaged in the manufacturing and distribution of biodiesel and its by-products (such as crude glycerin), focusing on renewable green energy solutions, has recommended a 10:1 bonus issue, under which shareholders will receive 10 bonus equity shares for each existing share held, subject to shareholder and regulatory approvals.
The company will announce the record date to determine eligible shareholders at a later stage. The company also stated that its previously announced dividend of ₹5 per share for FY26 will be adjusted proportionately after the bonus issuance, keeping the total dividend payment amount virtually unchanged.
Along with this, Kotyark Industries Limited approved an increase in its authorized share capital from Rs 23 crore to Rs 200 crore, subject to shareholder approval. The move will increase the company’s shareholding capacity from 2.3 million shares to 20 million shares with a face value of Rs 10 each.
Finance and others
The company’s revenue increased by 221 percent from Rs. 19.86 crore in March 2025 to Rs. 63.66 crore in March 2026. Meanwhile, net profit increased from Rs. 1.51 crores per rupees. 9.38 crore in the same period.
The company reported a return on capital employed (ROCE) of 15.3% and a return on equity (ROE) of 11.6%, reflecting stable operating and shareholder returns. It also maintained a low debt-to-equity ratio of 0.36, indicating a relatively healthy balance sheet.
Additionally, the company has maintained a healthy dividend payout ratio of 41%. Its debtor days improved from 26.4 days to 20.5 days, highlighting better working capital management and faster collection from customers.
Kotyark Industries Limited is an Indian biofuels and renewable energy company engaged in the production and marketing of biodiesel and its by-products. The company primarily manufactures biodiesel from waste cooking oil, animal fat and vegetable oils, supporting India’s clean energy and sustainability initiatives.
The company also operates in the renewable energy segment through solar energy-related activities and focuses on environmentally sustainable fuel solutions. Kotyark Industries serves both domestic and industrial customers while expanding its presence in the green energy and alternative fuels sector.
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