The Board Recommended a final dividend of Rs. 1.5 Per Equity Share
HARSHA · price
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Harsha Engineers International Limited's Board has recommended a final dividend of Rs. 1.5 per equity share (15% on face value of Rs. 10) for FY2026, subject to shareholder approval at the ensuing AGM on July 23, 2026. The company reported strong standalone financials with revenue from operations growing 12.7% to Rs. 1,22,820 lakhs and profit after tax jumping nearly 5x to Rs. 17,680 lakhs compared to FY2025. Basic EPS for the year stands at Rs. 19.42. The Board also approved a new ESOP 2026 scheme with 18 lakh options, recommended appointment of new statutory auditors, and reappointed four independent directors for second terms.
The company demonstrated robust financial performance with significant profit growth, and the dividend recommendation signals positive cash flow generation. The ESOP scheme may help retain talent. Shareholders should note the record date of July 9, 2026 for dividend entitlement.