IPLBSEIndia Pesticides LtdHighPositive
Announced Sat, 23 May · 19:49 IST

Declaration of Dividend

Corporate Actions View source PDF

IPL · price

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Price reaction · full curve 14 horizons · vs prior close
+3.0%1-day move
₹166.00
prior close
₹172.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+2.6+1.8+2.4+3.0+0.9-1.0-4.6-5.0-6.5-2.8-1.7-9.6
Up moveDown movePending
AI summary

India Pesticides Limited's Board has recommended a dividend of Rs. 0.75 per equity share (face value Rs. 1 each) for FY2026, subject to shareholder approval at the 41st AGM. The company reported strong financial performance with standalone PAT of Rs. 122.71 crore, up 45% from Rs. 84.36 crore in the previous year. Standalone revenue from operations grew to Rs. 1,057.11 crore from Rs. 829.02 crore. The statutory auditors issued an unmodified opinion on the audited results. Record date for dividend eligibility is August 24, 2026, and the AGM will be held on August 31, 2026.

Likely market impact

The 75% dividend on Rs. 1 face value represents a generous payout, signaling management confidence in sustained profitability. Shareholders on record by August 24, 2026 will be eligible for the dividend.