ELDEHSG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Eldeco Housing & Industries Ltd's Board has recommended a final dividend of Rs. 9 per equity share (450% on face value of Rs. 2) for FY2025-26, subject to shareholder approval at the AGM. The company reported standalone net profit of Rs. 3,110.06 lakh for FY26, up 21.5% from Rs. 2,560.04 lakh in FY25. Consolidated net profit stood at Rs. 2,458.31 lakh. The dividend, if approved, will be paid within 30 days of declaration at the AGM. The board also approved an increase in remuneration for Chairman cum MD Pankaj Bajaj effective April 1, 2026.
The recommended dividend reflects strong financial performance with improved profitability. The 450% dividend rate signals confidence in the company's financial health and should be positive for shareholder returns, though the actual yield depends on the prevailing stock price.