Indo Borax & Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 21, 2026, recommended Final Dividend of Rs. 10 per equity share.
INDOBORAX · price
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Indo Borax & Chemicals Limited reported strong FY2025-26 results with standalone revenue from operations growing 22.9% to Rs.21,545.11 lakhs from Rs.17,526.11 lakhs in the previous year. Net profit rose 18.8% to Rs.4,973.97 lakhs (vs Rs.4,188.20 lakhs), with EPS improving to Rs.15.50 from Rs.13.05. Consolidated net profit stood at Rs.5,026.98 lakhs. The Board recommended a final dividend of Rs.10 per equity share (1000% on face value of Rs.1) and an additional special dividend of Rs.30 per share (3000%) totaling Rs.40 per share, both subject to shareholder approval at the 45th AGM. The company also appointed M/s. Shah Kapadia & Associates as internal auditor and re-appointed M/s. V.B. Modi & Associates as cost auditor for FY2026-27. Auditors expressed an unmodified opinion. Note: An Emphasis of Matter highlights an inter-corporate deposit of Rs.5.09 crore given to a party under insolvency resolution.
The company delivered solid double-digit revenue and profit growth. The combined dividend of Rs.40 per share (4000% of face value) represents an exceptionally large payout, indicating strong cash generation and shareholder-friendly approach pending AGM approval.