Fixed Book Closure for the purpose of AGM and Final Dividend.
HONDAPOWER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Honda India Power Products reported FY2026 audited results with revenue from operations up 8.97% to Rs 86,545 lakhs from Rs 79,423 lakhs in FY25. However, profit after tax declined 19.63% to Rs 6,424 lakhs from Rs 7,994 lakhs, with EPS falling to Rs 63.33 from Rs 78.81. The Board recommended a final dividend of Rs 13 per share (130% on face value), payable on September 17, 2026 to shareholders on record August 19, 2026. Book closure is from August 20-26, 2026 for AGM and dividend. Leadership transition planned with Mr. Sameer Jain appointed as Chief Corporate Officer (July 1, 2026) and Whole-Time Director (September 1, 2026), succeeding Mr. Vinay Mittal who retires September 30, 2026. New auditors Deloitte Haskins & Sells LLP and Das Patnaik & Co. appointed; Rakesh Singh & Co. reappointed as Cost Auditors.
While revenue grew 9%, the 20% decline in net profit is a concern, indicating margin pressure possibly from labour code implementation costs (Rs 185 lakhs exceptional item) and higher input costs. The 130% dividend payout signals management confidence but investors should monitor profitability recovery. Leadership changes and new auditor appointments suggest potential strategic shifts ahead.