Apollo Tyres Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 2.50 per equity share.
APOLLOTYRE · price
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Apollo Tyres Board recommended a final dividend of Rs. 2.50 per share (250%) for FY26, adding to the Rs. 3.50 interim already paid, bringing total FY26 dividend to Rs. 6 per share (600%). Standalone PAT surged to Rs. 18,517.69 million vs Rs. 6,294.28 million YoY, boosted by a deferred tax reversal of Rs. 5,736.71 million from adopting the new concessional tax regime (25.17% vs 34.94%). Consolidated PAT was Rs. 13,724.16 million, though it included exceptional items of Rs. 10,001.24 million primarily from the Enschede (Netherlands) plant closure. The company also reappointed Ms. Lakshmi Puri as Independent Director and appointed BBS Associates as Cost Auditor.
The substantial total dividend of Rs. 6 per share signals strong cash generation and rewards shareholders. The FY26 standalone profit nearly tripled YoY helped by tax benefits, but the consolidated result was impacted by major European restructuring charges.