Harsha Engineers International Limited has informed the Exchange that Record date for the purpose of Dividend & AGM is 09-Jul-2026.
HARSHA · price
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Harsha Engineers International Limited held its Board Meeting on May 7, 2026, approving audited Q4 and FY2026 standalone results with revenue from operations of Rs 1,22,820 lakhs (up 12.7% YoY) and PAT of Rs 17,680 lakhs versus Rs 3,536 lakhs in FY2025. The prior year PAT was significantly impacted by Rs 9,501 lakhs exceptional item (impairment in subsidiary). Basic EPS stood at Rs 19.42. The Board recommended a final dividend of Rs 1.5 per equity share (15%) subject to shareholder approval at the ensuing 16th AGM on July 23, 2026. Record date fixed as July 9, 2026. Board also approved ESOP 2026 with a pool of 18,00,000 stock options and proposed appointment of M/s Mukesh M. Shah & Co as new statutory auditor for 5 years. Four independent directors are being reappointed for second terms.
Strong financial performance with PAT growth of nearly 5x YoY (excluding prior year exceptional item). Dividend of Rs 1.5 per share signals positive cash generation. ESOP scheme aligns employee and shareholder interests. No immediate negative signals.