Mahindra & Mahindra Limited has informed the Exchange that Board of Directors at its meeting held on May 05, 2026, recommended Final Dividend of Rs. 33 per equity share.
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Mahindra & Mahindra's Board recommended a Final Dividend of Rs. 33 per equity share (660%) for FY2026, a significant increase from Rs. 25.3 per share (506%) paid for FY2025. The record date for dividend is July 3, 2026, with book closure from July 4 to July 30, 2026. Full-year consolidated revenue grew ~25% to Rs. 1,97,793 crore from Rs. 1,58,750 crore, with net profit up ~32% to Rs. 18,622 crore. Standalone PAT grew ~33% to Rs. 15,639 crore. The Board also approved a leadership change, with Mr. Vimal Agarwal appointed as Group Chief Internal Auditor from July 1, 2026. The company's operating margin expanded to ~14%, reflecting strong operational performance across segments.
A 30% dividend increase signals robust financial health and cash generation, which is positive for shareholder returns. The strong profit growth (up 32% YoY) and margin expansion reinforce confidence in the company's earnings trajectory.