SHREE CEMENT LIMITED has informed the Exchange that Board of Directors at its meeting held on May 06, 2026, recommended Final Dividend of Rs. 70 per equity share.
SHREECEM · price
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Shree Cement's Board approved audited standalone and consolidated financial results for Q4 and full year ended March 31, 2026. Standalone revenue grew 7% to Rs. 19,310.52 crore while profit after tax surged 43% to Rs. 1,706.25 crore. The company recommended a final dividend of Rs. 70 per share (face value Rs. 10), adding to the Rs. 80 interim dividend already paid in October 2025, bringing total dividend for the year to Rs. 150 per share. Consolidated revenue stood at Rs. 20,943.47 crore with PAT of Rs. 1,748.66 crore. The company also commissioned its 3.50 MTPA integrated cement plant in Karnataka during the quarter. Auditors gave an unmodified opinion on the financial results.
Strong profitability growth of 43% year-on-year in standalone PAT reflects operational efficiency. Total dividend of Rs. 150 per share (interim Rs. 80 + final Rs. 70) signals confidence in cash generation and rewards shareholders, though the stock typically trades at a high price point reducing the effective dividend yield.