HPL Electric & Power Limited has informed the Exchange that Board of Directors at its meeting held on May 27, 2026, recommended Final Dividend of Re. 1 per equity share.
HPL · price
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HPL Electric & Power Limited reported audited standalone revenue of Rs. 1,85,800 lakhs for FY2025-26, up 10.3% from Rs. 1,68,441 lakhs in the previous year. However, standalone net profit declined to Rs. 8,306 lakhs from Rs. 8,680 lakhs (down 4.3% YoY), with EPS falling to Rs. 12.92 from Rs. 13.50. Consolidated net profit stood at Rs. 9,125 lakhs. The Board has recommended a final dividend of Rs. 1 per equity share (10% on face value of Rs. 10), subject to shareholder approval at the ensuing AGM. The dividend is unchanged from the previous year's payout of Rs. 643 lakhs, indicating no dividend cut.
The stable dividend payout despite lower profitability suggests the company is maintaining shareholder returns while navigating margin pressures. The stock may see neutral to slightly positive reaction given the unchanged dividend, though the decline in net profit could weigh on sentiment.