HONDAPOWERNSEHonda India Power Products Limited· Electrical EquipmentHighPositive
Announced Fri, 13 Feb · 11:29 IST

Honda India Power Products Limited has informed the Exchange that Record date for the purpose of Dividend is 19-Feb-2026.

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HONDAPOWER · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Honda India Power Products' board, meeting on February 13, 2026, approved unaudited results for Q3 and nine months ended December 31, 2025, along with an interim dividend of Rs. 3.50 per share (35%) on a face value of Rs. 10. The record date is February 19, 2026, and the dividend will be paid on March 12, 2026. Q3 revenue rose to Rs. 27,040 lakhs from Rs. 20,418 lakhs a year ago, but net profit dipped to Rs. 1,667 lakhs (from Rs. 1,909 lakhs) due to a one-time Rs. 1,184 lakh exceptional charge related to the new Labour Codes. The board also reappointed Mr. Shigeki Iwama as CMD, President and CEO for one year effective April 1, 2026, and approved a postal ballot notice.

Likely market impact

Shareholders holding shares as of February 19, 2026, are eligible for the Rs. 3.50 per share interim dividend. While revenue growth was strong, the one-time Labour Code charge pulled down quarterly profits, which investors should view as non-recurring.