Harsha Engineers International Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 1.5 per equity share.
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Harsha Engineers International Limited's Board meeting on May 7, 2026 approved standalone FY26 results showing total revenue of Rs. 1,26,619 lakhs and profit after tax of Rs. 17,680 lakhs, a significant jump from Rs. 3,536 lakhs in FY25. Annual EPS stands at Rs. 19.42. The Board recommended a final dividend of Rs. 1.5 per equity share (15% on Rs. 10 face value), subject to shareholder approval at the AGM on July 23, 2026. The record date for dividend entitlement is July 9, 2026. Additionally, the Board approved a new ESOP 2026 scheme with a pool of 18 lakh stock options and recommended reappointment of four independent directors for second terms of 5 years each.
The strong financial performance with nearly 5x profit growth year-on-year and consistent dividend payout are positive signals for shareholders. The new ESOP scheme may help attract and retain talent, aligning employee interests with shareholder value.