HONDAPOWERNSEHonda India Power Products Limited· Electrical EquipmentHighPositive
Announced Fri, 13 Feb · 11:27 IST

Honda India Power Products Limited has informed the Exchange that Board of Directors at its meeting held on February 13, 2026, declared Interim Dividend of Rs. 3.50 per equity share.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Honda India Power Products, at its meeting on February 13, 2026, declared an interim dividend of Rs. 3.50 per equity share (35% on face value of Rs. 10) for FY2025-26. The record date is February 19, 2026, and the dividend will be paid on March 12, 2026. For Q3 FY26, revenue from operations rose sharply to Rs. 27,040 lakhs from Rs. 20,418 lakhs a year earlier, driven by strong export growth. However, net profit fell to Rs. 1,667 lakhs (from Rs. 1,909 lakhs) due to a one-time exceptional charge of Rs. 1,184 lakhs related to the new Labour Codes. For the nine months ended December 2025, revenue grew to Rs. 60,092 lakhs but profit declined to Rs. 3,732 lakhs. The Board also approved the reappointment of Mr. Shigeki Iwama as CMD, President and CEO for one year effective April 1, 2026.

Likely market impact

Shareholders will receive a Rs. 3.50 per share interim dividend, providing short-term cash returns. The strong revenue growth is encouraging, but the one-time Labour Code provision and lower nine-month profits may temper sentiment.