Board recommends Final dividend for FY 2025-26
CARBORUNIV · price
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Carborundum Universal's Board has recommended a final dividend of Rs. 2.50 per share (250% on Re.1 face value) for FY 2025-26. Combined with the interim dividend of Rs. 1.50 already paid in February 2026, the total annual dividend stands at Rs. 4.00 per share. Standalone net profit for the year grew 29% to Rs. 41,628 lakhs from Rs. 32,161 lakhs, while revenue from operations increased 8.3% to Rs. 3,06,254 lakhs. However, consolidated results were impacted by exceptional items of Rs. 13,457 lakhs due to write-downs and impairments related to subsidiaries in Russia, Germany, and South Africa, resulting in a consolidated net loss of Rs. 1,759 lakhs for Q4 FY26. The record date for the final dividend is July 31, 2026, with payment scheduled for August 18, 2026.
The consistent dividend payout reflects management's confidence in the standalone business, though shareholders should note the consolidated losses due to foreign subsidiary impairments. The stock may see mixed reactions given strong standalone performance but weaker consolidated results.