India Shelter Finance Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 02, 2026, recommended Final Dividend of Rs. 10 per equity share.
INDIASHLTR · price
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India Shelter Finance Corporation Limited reported strong FY 2026 results with standalone profit after tax of Rs. 50,506.43 lakhs, up 34% from Rs. 37,704.68 lakhs in FY 2025. Total income grew to Rs. 1,53,018.68 lakhs from Rs. 1,17,479.86 lakhs. The Board recommended a final dividend of Rs. 10 per equity share (200% of face value Rs. 5), compared to Rs. 5,396.72 lakhs in dividends paid during FY 2025. The company's net NPA ratio improved to 0.93% with gross NPA at 1.25%. Basic EPS for FY 2026 stood at Rs. 46.63, up from Rs. 35.10 in the previous year.
The recommendation of a near doubling of dividend per share signals strong financial health and confidence in future prospects. Shareholders can expect increased returns subject to AGM approval. The stock's dividend yield will depend on current market price.