IPLNSEIndia Pesticides LimitedMediumPositive
Announced Sat, 23 May · 19:59 IST

India Pesticides Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2026, recommended Final Dividend of Rs. 0.75 per equity share.

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AI summary

India Pesticides Limited's Board has recommended a final dividend of Rs. 0.75 per equity share (face value Rs. 1 each) for FY26, subject to shareholder approval at the AGM on August 31, 2026. The company reported strong financial performance with standalone revenue from operations growing 27.5% to Rs. 1,057.11 crore from Rs. 829.02 crore in FY25. Profit after tax increased 45% to Rs. 122.29 crore from Rs. 84.36 crore, while EPS stood at Rs. 10.62. Statutory auditors issued an unmodified opinion on the audited results. The record date for dividend eligibility is August 24, 2026, with book closure from August 25-31, 2026.

Likely market impact

The recommendation of a regular dividend reflects the company's profitability and cash generation. Shareholders can expect dividend payout after the August AGM, though the actual yield depends on the prevailing stock price. The strong 45% PAT growth is a positive indicator for the stock.