The Board of Directors at their meeting held today, May 20, 2026 approved and recommended a final dividend of Rs. 0.50 per equity share on equity shares of face value of Re. 1 each.
INTLCONV · price
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International Conveyors Ltd's Board approved a final dividend of Rs. 0.50 per equity share (50% of face value Re. 1) for FY 2025-26. Consolidated revenue grew to Rs. 21,313 lakh from Rs. 15,185 lakh, a 40% increase year-on-year. However, profit after tax declined to Rs. 6,838 lakh from Rs. 9,171 lakh in the previous year, representing a 25.5% drop. Standalone PAT fell to Rs. 6,806 lakh from Rs. 7,625 lakh. The company also re-appointed Lodha & Co. LLP as internal auditors for F.Y. 2026-27. Auditors issued an unmodified opinion on both standalone and consolidated financial results.
The 50% dividend payout signals management confidence despite a significant decline in profitability. The dividend yield appears modest based on the current market price, providing a small return to shareholders. Investors should monitor whether the profit decline is cyclical or structural.