ITCHOTELSNSEITC Hotels LimitedHighPositive
Announced Fri, 15 May · 15:31 IST

ITC Hotels Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Re. 1 per equity share.

Corporate Actions View source PDF

ITCHOTELS · price

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Price reaction · full curve 14 horizons · vs prior close
-0.0%1-day move
₹156.75
prior close
₹157.79
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After-mkt
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AI summary

ITC Hotels Board recommended a Final Dividend of ₹1 per equity share (face value ₹1) for FY2026, totalling ₹208.30 Crores in cash outflow. This is the company's first dividend since its demerger from ITC Limited (effective January 1, 2025). The record date is May 21, 2026, with payment expected between August 10-14, 2026. For FY2026, standalone revenue grew 9.3% to ₹3,583 Crores and consolidated revenue rose 16.3% to ₹4,139 Crores. Standalone net profit more than tripled to ₹829 Crores while consolidated net profit reached ₹821 Crores, up from ₹258 Crores. The strong performance reflects the combined Hotels and Real Estate businesses post-demerger. Statutory auditors issued unmodified opinions on both standalone and consolidated financial results.

Likely market impact

Positive signal for shareholders - ITC Hotels is distributing its first dividend post-demerger, indicating strong cash flows and profitability. The ₹208.30 Crore total dividend payout demonstrates the company's ability to reward shareholders while maintaining operations.