700% Dividend Declared: Shree Cement declares Rs 70 final dividend; FY26 payout stands at Rs 150 per share

700% Dividend Declared: Shree Cement declares Rs 70 final dividend; FY26 payout stands at Rs 150 per share
Shree Cement announces Rs 70 final dividend, taking total FY26 payout to Rs 150 per share, subject to shareholder approval at AGM.

Shree Cement Q4 Results/Dividend Announcement: Kolkata-headquartered cement manufacturer Shree Cement has announced a final dividend of Rs 70 per equity share of face value Rs 10 for the financial year 2025–26, taking the total dividend payout for the year to Rs 150 per share. In percentage terms, the final dividend of Rs 70 translates to a 700 per cent payout on the face value of Rs 10 per share.

The final dividend, recommended by the company’s board on May 6, 2026, is subject to approval by shareholders at the upcoming Annual General Meeting (AGM). If approved, it will be paid after the meeting, with the record and ex-dividend dates yet to be announced.

Total FY26 dividend at Rs 150 per share

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The latest announcement comes in addition to an interim dividend of Rs 80 per share declared in September 2025 and paid in November 2025. With this, the total dividend payout for FY26 stands at Rs 150 per share.

Consistent dividend track record

The cement maker has maintained a steady dividend track record over the past year. In July 2025, the company had declared a final dividend of Rs 60 per share, followed by an interim dividend of Rs 50 per share in February 2025.

The FY26 payout reflects a higher overall distribution compared to the previous year, indicating continued shareholder returns.

Dividend subject to shareholder approval

As per the regulatory filing, the final dividend will be credited to shareholders only after approval at the AGM. The company is expected to announce the record date in due course.

Shree Cement Q4 earnings

The company reported a net profit of Rs 532 crore for the quarter ended March 31, marking a decline of 4.3 per cent compared with the corresponding period a year ago. However, the net profit met analysts' expectations.

The cement maker's quarterly revenue grew 7.7 per cent on a year-on-year basis to Rs 5,643 crore, according to a regulatory filing.

The top line also met the mark. According to Zee Business research, Shree Cement was estimated to register a net profit of Rs 520 crore and revenue of Rs 5,440 crore for the March quarter.

Earlier on Wednesday, the cement maker's stock ended 0.3 per cent higher at Rs 24,954.2 apiece on BSE.