IFGL Refractories Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2026, recommended Final Dividend of Rs. 2.15 per equity share.
IFGLEXPOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IFGL Refractories Limited's Board meeting on May 30, 2026 approved audited FY 2025-26 standalone results (PAT Rs. 3,884 lakhs vs Rs. 5,760 lakhs prior year, a 33% decline) and recommended a Final Dividend of Rs. 2.15 per equity share (21.5% on Rs. 10 face value). The company also has a 1:1 bonus issue from July 2025 which has doubled the share capital to Rs. 7,208 lakhs. Consolidated revenue grew to Rs. 1,89,425 lakhs with consolidated PAT of Rs. 3,470 lakhs. Record date for dividend is July 29, 2026 and AGM is scheduled for August 5, 2026.
The profit decline of ~33% YoY raises concerns about profitability, though the maintained dividend at Rs. 2.15 per share signals management's confidence. The bonus issue has doubled shares outstanding, making per-share metrics appear lower.