ITCHOTELSBSEITC Hotels LtdHighPositive
Announced Fri, 15 May · 15:43 IST

Dividend

Corporate Actions View source PDF

ITCHOTELS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹156.75
prior close
₹157.79
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.4-3.2-3.2-0.0-2.0-1.4-1.5+0.0-0.2-3.7+3.1+6.5
Up moveDown movePending
AI summary

ITC Hotels Board recommended a final dividend of ₹1 per equity share (face value ₹1) for FY ended March 2026, subject to shareholder approval at the 3rd AGM on August 6, 2026. The dividend, totaling ₹208.30 Crores, will be paid between August 10-14, 2026 to shareholders as of record date May 21, 2026. This is the company's first dividend since incorporation - previous year had no dividend. For FY 2026, standalone revenue grew 9.3% YoY to ₹3,583 Crores while consolidated revenue rose 16.3% to ₹4,139 Crores, reflecting benefits from the January 2025 demerger of ITC Limited's hotels business.

Likely market impact

First dividend from ITC Hotels post-demerger signals strong financial performance. The ₹1 per share dividend against ~₹3.98 standalone EPS represents a 25% payout ratio, indicating room for future dividend growth. Shareholders on record date May 21 will be entitled to receive the dividend.