IFGL Refractories Limited has informed the Exchange that Record date for the purpose of Dividend is 29-Jul-2026.
IFGLEXPOR · price
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IFGL Refractories Limited reported standalone revenue of Rs 1,10,941 lakhs for FY26 (up 11.2% from Rs 99,763 lakhs in FY25), while consolidated revenue grew 14.6% to Rs 1,89,425 lakhs. However, profitability declined significantly: standalone PAT fell 32.6% to Rs 3,884 lakhs and consolidated PAT dropped 19.3% to Rs 3,470 lakhs. The decline was partly due to an exceptional charge of Rs 523 lakhs related to new labour codes implementation. The Board recommended a final dividend of Rs 2.15 per equity share (21.5%) for FY26, subject to shareholder approval at the 19th AGM on August 5, 2026. The record date for dividend eligibility is July 29, 2026. Auditors issued unmodified opinions with emphasis of matter on contingent tax liabilities (Rs 832 lakhs) related to income tax disputes.
Despite revenue growth, profit decline of 19-33% and margin compression indicate operational headwinds. The dividend declaration provides shareholder returns but the company faces earnings pressure from material costs and labour-related expenses. No going concern issues were raised.