The United Nilgiri Tea Estates Company Limited has informed the Exchange that Board of Directors at its meeting held on May 20, 2026, recommended Final Dividend of Rs. 2.20 per equity share.
UNITEDTEA · price
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The Board of Directors at their meeting on May 20, 2026 approved the audited financial results for the quarter and year ended March 31, 2026. Total income declined to Rs. 8,335.36 lakhs from Rs. 8,979.55 lakhs in the previous year. However, profit before tax increased significantly to Rs. 2,593.12 lakhs (up 21.7% from Rs. 2,130.13 lakhs), and net profit after tax rose to Rs. 2,194.35 lakhs (up 18.5% from Rs. 1,851 lakhs). EPS for the year stood at Rs. 43.91 versus Rs. 37.04 in FY25. The Board recommended a final dividend of Rs. 2.20 per share (22%), which together with an interim dividend of Rs. 1 per share already paid, totals Rs. 3.20 per share (32%) for FY26. The company also reappointed Deloitte Touche Tohmatsu India LLP as internal auditors for FY27. The proposal to appoint an independent director was deferred.
The company delivered strong profit growth despite lower revenue, and the increased total dividend (32% vs prior year) signals financial stability and shareholder-friendly approach. The stock is typically held by income-focused investors given the tea plantation sector dynamics.