Vesuvius India Ltd, a key player in the refractory products segment and a constituent of the BSE SmallCap index, has announced a 10:1 stock split to boost liquidity and make its shares more accessible to retail investors. This move is part of a broader shareholder-friendly initiative that also includes a 145% dividend payout.
Following the Board of Directors’ approval in February 2025, the company has set June 10, 2025 as the record date to determine shareholder eligibility for the stock split.
Stock Split Details
Split Ratio: 1 equity share split into 10
Old Face Value: ₹10 per share
New Face Value: ₹1 per share
Record Date: June 10, 2025
All post-split shares will carry the same rights and obligations as the pre-split shares and will be fully paid-up. The objective is to enhance stock liquidity and encourage participation from a broader investor base by reducing the per-share price.
About Vesuvius India Ltd
Vesuvius India Ltd is a leading manufacturer of high-performance refractory solutions that are essential in the steel and foundry industries. With a market capitalization of approximately ₹10,881 crore as of May 16, 2025, the company is strategically positioned in the industrial materials segment and continues to play a crucial role in India’s infrastructure and manufacturing growth.
Financial Highlights
Q3 FY25 Performance
- Revenue: ₹507.49 crore (Up 22.8% YoY)
- Net Profit: ₹59.93 crore (Up 5.0% YoY)
FY24 Summary (Ended December 2024)
- Revenue: ₹1,864.97 crore (Up 17.2% YoY)
- Net Profit: ₹264.52 crore (Up 24.2% YoY)
Vesuvius India has consistently delivered robust financial results, reflecting both operational efficiency and growing market demand.
Looking Ahead
The 10:1 stock split by Vesuvius India is a strategic move to democratize shareholding and attract more retail investors. With strong financials, a stable dividend policy, and increasing market share in the industrial segment, the company is well-positioned to capitalize on India’s infrastructure boom.
Are you a Vesuvius India shareholder? Let us know how this stock split impacts your investment plans in the comments below.
Disclaimer: This article is for informational purposes only and should not be construed as investment advice.
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