Intimation of recommendation of Dividend by the Board
DEEPAKFERT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deepak Fertilisers' Board approved audited FY26 results and recommended a dividend of Rs. 10 per share (100% of face value). Standalone revenue was stable at Rs. 19,637 Cr vs Rs. 19,507 Cr in FY25, but profit after tax dropped 35% to Rs. 2,692 Cr from Rs. 4,130 Cr due to higher input costs and other expenses. Consolidated revenue grew 12% to Rs. 11,507 Cr, but PAT fell 22% to Rs. 7,388 Cr. The company also announced appointment of Mr. Yeshil S. Mehta as Additional Director and reappointed statutory auditors. Dividend will be paid within 30 days of the AGM scheduled on September 1, 2026, with record date August 25, 2026.
Despite a significant decline in profitability, the company is maintaining its Rs. 10 per share dividend, which signals financial stability and commitment to shareholder returns. The stock may see mixed reaction given the profit decline, though the consistent dividend could provide support.