The Board at its meeting held on May 19, 2026 recommended a final dividend at the rate of Rs. 10/- per share.
PIIND · price
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PI Industries' Board approved FY 2025-26 standalone results showing revenue of Rs. 61,827 million and profit after tax of Rs. 14,348 million, with EPS of Rs. 94.57. The Board recommended a final dividend of Rs. 10 per share (1,000% on Re. 1 face value), which combined with Rs. 5 interim dividend already paid makes total annual dividend of Rs. 15 per share. Notable board changes include resignation of Joint Managing Director Rajnish Sarna (now continuing as Non-Executive Director), designation of Lisa J Brown as Lead Independent Director, and appointment of Dr. Atul Kumar Gupta as Whole-time Director. The company also recognized an exceptional item of Rs. 1,117 million primarily due to provision for impairment of investment in subsidiary PIHS.
The dividend payout signals stable cash flows and shareholder-friendly approach, though the lower profit vs prior year (PAT down from Rs. 18,665 million) and exceptional items may create some near-term volatility. Board changes and new director appointments indicate ongoing governance evolution.