SML Mahindra Limited has informed the Exchange that Board of Directors at its meeting held on April 20, 2026, recommended Final Dividend of Rs. 23.50 per equity share.
SMLMAH · price
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SML Mahindra Limited's Board approved audited FY2026 results showing revenue of Rs. 2,837.92 crore (up 18% from Rs. 2,398.99 crore), with profit after tax of Rs. 159.75 crore (up 31% from Rs. 121.67 crore). Basic EPS stands at Rs. 110.39. The Board recommended a final dividend of Rs. 23.50 per equity share (235% on face value of Rs. 10), amounting to Rs. 34.01 crores, subject to shareholder approval at the AGM on 21st July 2026. Record date for dividend is 3rd July 2026. The company also appointed Mr. K.N. Vaidyanathan as Internal Auditor for FY2026-27.
Strong financial performance with 31% profit growth and a 235% dividend payout signals confidence in the company's outlook, which could be positive for the stock.