HeidelbergCement India Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Sep-2026.
HEIDELBERG · price
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HeidelbergCement India reported strong FY2026 results with revenue up 8.4% YoY to Rs 23,296 million and net profit surging 25.5% to Rs 1,340 million. The Board recommended a dividend of Rs 7 per equity share (70% payout) for FY2026, subject to shareholder approval at the AGM on 24 September 2026. Record date for dividend entitlement is 11 September 2026. The company achieved 8.8% volume growth in FY26 while keeping operating costs flat, boosting EBITDA by 19.8%. Cash and bank balances stood at Rs 4,037 million as of 31 March 2026. The company also became preferred bidder for two limestone mining blocks in Madhya Pradesh with combined estimated reserves of 167 million tonnes.
Strong profit growth and healthy cash position support the dividend payout. The 70% dividend and record date set for September provide a clear catalyst for investors seeking income.