HFCL Limited has informed the Exchange that Board of Directors at its meeting held on April 30, 2026, recommended Final Dividend of Rs. 0.2 per equity share.
HFCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HFCL Limited's Board declared audited financial results for Q4 and FY ended March 2026. Standalone revenue grew 19% to Rs. 4,527.54 Crore while consolidated revenue rose 22% to Rs. 4,949.27 Crore. Consolidated profit after tax jumped 90% to Rs. 329.44 Crore from Rs. 173.26 Crore, with EPS at Rs. 2.13 versus Rs. 1.23 last year. The Board recommended a final dividend of Rs. 0.20 per equity share (20% on face value of Re. 1) for FY 2025-26, payable after shareholder approval at the AGM. Additionally, a Strategic Restructuring Committee was constituted to evaluate options including demerger, business transfer, slump sale, or divestment of the company's three business verticals: Telecom, Defence, and EPC. The company also completed a QIP raising Rs. 550 Crore in Q3 and received shareholder approval for warrants issuance to promoters worth up to Rs. 555 Crore.
Strong profit growth and dividend announcement are positive signals for shareholders. However, the restructuring committee signals potential significant corporate changes that could reshape the company's structure. The ongoing capital raises (QIP and warrants) will dilute existing shareholder value.