Automobile Corporation of Goa Limited reported a 41% increase in revenue to ₹933.65 crore for the financial year ended March 31, 2026. Profit after tax rose 49% to ₹70.07 crore, driven by higher bus sales and improved operational efficiency. The board recommended a final dividend of ₹22.50 per share.

Revenue from operations increased significantly from ₹660.77 crore in the previous year to ₹933.65 crore in FY26. The company achieved its highest-ever annual bus sales of 9,328 units, compared to 7,265 units in the preceding year. This performance reflects disciplined execution and a stronger product mix comprising higher tonnage and institutional buses.

Financial Performance

The company’s profit after tax for FY26 stands at ₹70.07 crore, showcasing a 49% growth compared to the previous year’s ₹46.97 crore. The bus segment maintained its dominance, contributing 92% of the total revenue. Total income for the year, including other income, was ₹951.16 crore.

Dividend Declaration

The board has recommended a final dividend of ₹22.50 per equity share of the face value of ₹10 each (225%) for FY26. This is in addition to the interim dividend of ₹5.00 per share already paid. The total dividend payout for the year amounts to ₹1,674.37 lakhs, representing 23.89% of the profit after tax. The record date for determining entitlement to the dividend is Wednesday, July 15, 2026.

Operational Highlights

During the year, the company undertook significant capacity enhancement initiatives, increasing installed manufacturing capacity to 1,200 buses per month. It also rolled out its 100,000th bus, marking a significant milestone in its manufacturing legacy. The company commissioned a 500 kWp rooftop solar plant at its Goa facility and an 805 kWp project at Jejuri as part of its sustainability initiatives.

The 46th Annual General Meeting is scheduled to be held on Wednesday, July 22, 2026, via video conferencing.

Automobile Corporation Of Goa Ltd has fixed Wednesday, July 15, 2026 as the record date to determine shareholder eligibility for a final dividend of ₹22.5 per equity share. The dividend, recommended by the Board of Directors for the financial year ended March 31, 2026, amounts to 225% of the face value of ₹10 each. This payout will directly impact shareholder returns, pending approval at the upcoming Annual General Meeting.

The 46th Annual General Meeting is scheduled for Wednesday, July 22, 2026, at 3:00 p.m. IST via video conferencing. The dividend payment, if sanctioned by the members, is expected to be distributed on or before August 20, 2026. The distribution will be subject to tax deduction at source as applicable.

The company has appointed NSDL to facilitate remote e-voting for the AGM. The e-voting facility will be available from 9:00 a.m. on Sunday, July 19, 2026, until 5:00 p.m. on Tuesday, July 21, 2026. Members can attend the meeting through video conferencing or other audio-visual means, with their attendance counted for quorum purposes under Section 103 of the Companies Act, 2013.

The intimation was submitted to BSE Limited pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date ensures that only shareholders listed on the company's records as of July 15, 2026, will be entitled to receive the dividend.

The filing was signed by Santhosh Shadadal, Company Secretary & Compliance Officer, on behalf of Automobile Corporation Of Goa Ltd.