SJVN Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 0.35 per equity share.
SJVN · price
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SJVN Limited's Board approved FY26 standalone net profit of Rs. 1,007.90 crore (up from Rs. 970.18 crore in FY25) and consolidated net profit of Rs. 641.85 crore. Revenue from operations stood at Rs. 3,544.52 crore (standalone) and Rs. 4,528.29 crore (consolidated). The Board recommended a final dividend of Rs. 0.35 per share for FY26, in addition to the already paid interim dividend of Rs. 1.15 per share, taking total dividend to Rs. 1.50 per share (previous year: Rs. 1.46). EPS (including regulatory deferral) improved to Rs. 2.56 from Rs. 2.47. Notable items include Rs. 174.11 crore impairment loss (standalone) and recognition of Rs. 670.98 crore revenue from prior years due to tariff orders. The company also classified Etalin HEP assets (Rs. 736.97 crore) as held for sale after project reassignment to NHPC.
The dividend increase and improved profitability are positive signals for shareholders. However, impairment losses and project uncertainties (Etalin HEP reassignment, Devasari on hold, Himachal Pradesh projects dispute) may weigh on investor sentiment. The stock trades ex-dividend based on the record date for the Rs. 1.50 total dividend.