To be precise, the proposal is for a Rs 23 final dividend per share for FY26, with 23 June 2026 set as the record date and the money to be paid on or after 13 July 2026. You have to look at the numbers: a 69.4% jump in consolidated net profit to Rs 1,172 crore in the last quarter. It’s a statement of confidence in an otherwise fluid demand landscape.
Being the top paint maker in the country, they are using a mix of cash and hard-earned operational wins to hold their ground in a rougher climate. The management has put a finger on some West Asia issues, but says their discipline in execution is enough of a cushion.
Dividend and key dates
The board is putting forward a final dividend of Rs 23 for every equity share (face value Re 1). Of course, this is pending a thumbs up from shareholders at the 80th AGM on July 9, 2026, at 11 am.
Then there’s the interim of Rs 4.50 per share we were told about in November 2025. Put them together and the FY26 total comes to Rs 27.50. If you’re on the books by the 23rd of June, 2026, you’re in line for the disbursement, which will go out on or after 13 July.
Here’s a run-down of the details:
– Final dividend: Rs 23 per share, FY26
– Record date: June 23, 2026
– Payment: on or after July 13, 2026
– Total for FY26: Rs 27.50 per share
Q4 performance and margins
On the revenue side, the consolidated figure is up 10.6% to Rs 9,247 crore from Rs 8,359 crore. EBITDA is in at Rs 1,787 crore, a 24.4% move, with the margin sitting at 19.3% as against 17.2%.
You also see other income up to Rs 171 crore from Rs 100 crore. And the bottom line? A 69.4% year-on-year increase to Rs 1,172 crore in net profit, thanks to better operating leverage.
They’ve bested the Street on all fronts. Where consensus was for Rs 1,055 crore in profit, they came in at Rs 1,172 crore. Revenue of Rs 9,247 crore is well over the Rs 8,781 crore called for, and EBITDA of Rs 1,787 crore is above the Rs 1,575 crore mark. Even the 19.3% margin is in front of the 17.9% estimate.
Outside of India, net sales are up 11% to Rs 888.1 crore and making more of a dent on profitability. The home decor side has been a bit quiet, though the BeautifulHomes Store network in 20 states is starting to make some headway.
Full-year snapshot
Looking at the whole of FY26, you have consolidated net sales of Rs 35,516 crore, a 5.1% gain. Profitability is in better shape too, with the PBDIT margin 110 basis points wider at 18.9%.
Standalone, the story is similar. Net sales of Rs 30,680 crore is a 4.3% tick up. The PBDIT margin has put on 130 basis points to 20.1%, helped along by a good product mix and input costs that have been steady.
What management signalled
Amit Syngle, the MD and CEO, was clear in his release: the world outside is still a moving target, and the situation in West Asia is muddying near-term demand. But he is confident the company can stand firm on its fundamentals and the way it gets things done.
He pointed to the domestic decorative business where volumes were up 12.4% and value 10.2%. The Industrial arm has been no slouch either with double-digit growth in Automotive, General and Protective Coatings, for an 11% overall value increase in the country.
Why it matters for investors
When you have an earnings beat, fatter margins and a set plan for payouts, it gives you a much clearer view on where the cash is going. It’s proof they can keep up the returns even if some markets don’t cooperate.
For shareholders, here is what to file away:
– Q4 was a winner on profit, revenue and EBITDA
– Margin is now 19.3% on a year-on-year basis
– You’re looking at a Rs 27.50 per share dividend for FY26
– Don’t miss the 23 June 2026 record date
