Recommendation of dividend
ICRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICRA Limited's Board of Directors has recommended a final dividend of Rs. 105 per equity share (face value Rs. 10 each) for FY2026, including a special dividend of Rs. 35 per share to commemorate the company's 35th year of operations. The total dividend payout amounts to Rs. 111.34 crore, compared to Rs. 57.91 crore in the previous year (an increase of 75%). The dividend is subject to shareholder approval at the 35th AGM scheduled for July 30, 2026, with record date July 23, 2026, and payment on or before August 21, 2026. For FY2026, consolidated revenue from operations grew 20.3% to Rs. 599.51 crore, while profit after tax increased 6.6% to Rs. 182.53 crore. The auditor Deloitte Haskins & Sells issued an unmodified opinion on both standalone and consolidated financial results.
The 75% increase in dividend signals strong financial health and cash generation, which is positive for shareholders. The special dividend marking 35 years of operations adds further upside. The stock is likely to react positively to these results.