Honda India Power Products Limited has informed the Exchange that Board of Directors at its meeting held on August 12, 2025, declared Interim Dividend of Rs. 100 per equity share.
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Honda India Power Products' Board, at its August 12, 2025 meeting, declared a hefty interim dividend of Rs. 100 per equity share (1000% on the Rs. 10 face value). The record date is August 21, 2025, with payment to be made by September 11, 2025. Alongside this, the Board approved unaudited Q1 FY26 results showing revenue from operations of Rs. 154.91 crore (up modestly from Rs. 144.17 crore a year ago), but profit after tax fell sharply by about 41% YoY to Rs. 9.48 crore, with EPS dropping to Rs. 9.35 from Rs. 15.92. The company also approved an amendment to its Objects Clause in the MOA to enter the electric motor business under the 'eGX' brand, targeting noise and emission-sensitive environments like hospitals and indoor facilities. This expansion is subject to shareholder approval at the upcoming AGM.
The Rs. 100 interim dividend is a strong positive for income-seeking shareholders and likely signals a healthy full-year payout, given the company's cash-rich profile. However, the sharp 41% YoY drop in Q1 profit despite revenue growth points to margin pressure, which investors should monitor closely. The diversification into electric motors via 'eGX' signals a forward-looking growth pivot aligned with sustainability trends.