Recommendation of dividend @10% i.e. Rs. 1/- per equity share for FY 2025-26 subject to the approval of members at the ensuing AGM.
GSPCROP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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GSP Crop Science Ltd's Board has recommended a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the upcoming AGM. The company listed on NSE and BSE in March 2026 via an IPO of 75 lakh fresh shares at Rs. 320 each. For FY 2025-26, standalone revenue from operations was Rs. 16,059.06 million and standalone net profit was Rs. 898.35 million. Consolidated net profit stood at Rs. 947.11 million. Basic EPS on standalone basis was Rs. 22.88. The dividend, if approved, will be paid within 30 days of the AGM. Book closure and record date will be announced separately.
The dividend represents a modest payout ratio of approximately 4.4% based on the IPO price. As a newly listed company with significant IPO proceeds (Rs. 2,203 million net), the dividend signals financial stability but the yield remains low given the current valuation. Shareholders should watch for record date announcement to qualify for the dividend.