Recommendation Dividend for the financial year 2025-26 subject to approval of the Shareholders as per attached letter.
INDIANHUME · price
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The Board of Directors of Indian Hume Pipe Company has recommended a total dividend of ₹5 per equity share (face value ₹2 each) for FY 2025-26, representing a 250% payout. This comprises a normal dividend of ₹2 per share (100%) and a special dividend of ₹3 per share (150%) to commemorate the company's 100th Anniversary. The dividend is subject to shareholder approval at the 100th AGM scheduled for August 3, 2026. The record date for dividend entitlement is July 17, 2026. For FY 2025-26, the company reported total revenue of ₹135,038.93 lakhs and net profit of ₹14,111.06 lakhs, compared to ₹150,017.20 lakhs and ₹55,805.24 lakhs respectively in FY 2024-25. The lower profit in FY26 is primarily due to reduced exceptional gains from land sales (₹6,433.35 lakhs vs ₹54,522.05 lakhs in FY25).
The recommended dividend of ₹5 per share signals the company's strong cash position and commitment to shareholder returns, with the special dividend adding extra value for investors to mark the centenary year. Shareholders should expect dividend payment within 30 days of approval at the AGM.