Declaration of Dividend FY 2025-26
ELECTCAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors at their meeting on May 18, 2026 recommended a final dividend of Rs. 0.90 (90%) per equity share of face value Re. 1/- each for FY 2025-26, subject to shareholder approval at the ensuing AGM. The company also reported audited consolidated results: total income stood at Rs. 6,13,260 lakhs for FY 2026 vs Rs. 7,44,308 lakhs in FY 2025 (down ~18% YoY), with profit before tax of Rs. 21,887 lakhs vs Rs. 85,612 lakhs in prior year. The dividend amount has not been disclosed as payable yet as it requires shareholder approval. The meeting also covered director re-appointments and entry into the Industrial Paints & Protective Coatings market (estimated Rs. 80-100 crore investment).
The dividend of Rs. 0.90 per share signals continued shareholder returns but the yield cannot be confirmed without current market price. The significant YoY decline in revenue and profit may pressure the stock despite the dividend announcement.