Paradeep Phosphates Limited has informed the Exchange that Board of Directors at its meeting held on May 11, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
PARADEEP · price
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Paradeep Phosphates Limited reported strong FY2026 results with standalone revenue of Rs. 21,826 crore (up 28.7% from Rs. 16,959 crore in FY2025) and profit after tax of Rs. 997 crore (up 50% from Rs. 663 crore). The Board recommended a final dividend of Rs. 1.50 per equity share of Rs. 10 face value (15% payout), subject to shareholder approval at the AGM. The merger with Mangalore Chemicals & Fertilizers (MCFL) has been accounted for retrospectively from April 1, 2024, with audited results restated accordingly. The company also re-appointed Mrs. Rita Menon as Independent Director for a second 3-year term from June 27, 2026. Statutory auditors BSR & Co. LLP issued an unmodified opinion on the financial statements.
The 50% increase in PAT and recommendation of dividend signals financial strength and shareholder-friendly policies, which could positively influence investor sentiment. The successful integration of MCFL merger reflected in improved revenues indicates successful execution.