Hindalco Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2026, recommended Final Dividend of Rs. 5 per equity share.
HINDALCO · price
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Hindalco Industries' Board recommended a final dividend of Rs. 5 per equity share (face value Rs. 1) for the year ended March 31, 2026, subject to shareholder approval at the AGM on July 23, 2026. The record date for dividend entitlement is July 10, 2026. Standalone revenue from operations grew to Rs. 1,12,553 crore from Rs. 93,309 crore in FY2025, while profit after tax more than doubled to Rs. 10,080 crore from Rs. 6,387 crore. Basic EPS for FY2026 stands at Rs. 45.40, up from Rs. 28.76 in the prior year. Auditors issued an unmodified opinion on the financial results. The company also completed acquisition of EMIL Mines and Mineral Resources Limited (Bandha coal mines) in December 2025.
The dividend of Rs. 5 per share represents a positive signal of financial health, with strong profit growth supporting the payout. The doubling of EPS and robust revenue growth should be supportive for the stock, though the dividend amount is modest relative to the share price.