Greaves Cotton Limited has informed the Exchange that Board of Directors at its meeting held on May 06, 2026, recommended Final Dividend of Rs. 2 per equity share.
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Greaves Cotton Limited's Board meeting on May 6, 2026 recommended a final dividend of Rs. 2 per equity share (100% on face value of Rs. 2), maintaining the same rate as the previous year. The total dividend payout will be approximately Rs. 46.58 crore, subject to shareholder approval at the ensuing AGM. For FY2026, standalone revenue grew 19% to Rs. 2,364.56 crore with profit after tax of Rs. 200.07 crore (up 7.6% YoY). Consolidated revenue reached Rs. 3,435.52 crore with PAT of Rs. 107.14 crore, nearly doubling from Rs. 58.40 crore in FY2025. The company also allotted 4.24 lakh equity shares on exercise of employee stock options during the year.
Steady dividend payout with no change from last year indicates stable cash generation. The company is investing heavily in electric mobility and expansion, as seen in subsidiary acquisitions and increased working capital needs. Shareholders can expect consistent returns but no dividend growth this cycle.