The Board of Directors has recommended Final Dividend of Rs.1.25/- for the Financial Year 2025-26, subject to approval of the Members at the forthcoming 112th Annual General Meeting.
MAFATIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mafatlal Industries reported strong revenue growth of 37.9% to Rs. 3,870 crore for FY 2025-26, up from Rs. 2,807 crore in the prior year. However, profit after tax declined 7.2% to Rs. 91.07 crore from Rs. 98.14 crore, impacted by exceptional items of Rs. 2.87 crore related to gratuity provisions under new labor codes. The Board recommended a final dividend of Rs. 1.25 per share (62.5% on face value of Rs. 2), payable after shareholder approval at the 112th AGM on August 7, 2026. Statutory auditors Price Waterhouse issued clean (unmodified) opinions on both standalone and consolidated financial results. The company also announced leadership transition with CEO Mr. M. B. Raghunath retiring on May 31, 2026, being succeeded by Mr. Priyavrata H. Mafatlal, son of Executive Chairman Mr. Hrishikesh A. Mafatlal.
Revenue momentum is strong, but profit decline and one-time labor code charges weigh on earnings quality. The dividend provides shareholder returns. Related party appointment of the Chairman's son as CEO may attract shareholder scrutiny.