Federal-Mogul Goetze declares ₹7.50 interim and ₹86.50 special dividend

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Federal-Mogul Goetze declares interim dividend of ₹7.50 per share
  • Company also announces special dividend of ₹86.50 per equity share
  • Total dividend payout stands at ₹94.00 per share of face value ₹10
  • Record date for eligibility is fixed as September 4, 2026
  • Dividends to be paid on or before September 25, 2026
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Federal-Mogul Goetze Limited declared an interim dividend of ₹7.50 and a special dividend of ₹86.50 per equity share on August 27, 2026. The Board approved the payouts during its meeting held that day.

Shareholders whose names appear in the Register of Members or depository records as of the record date, September 4, 2026, will be eligible for the dividends. The company will disburse the payments on or before September 25, 2026, in compliance with the Companies Act, 2013.

Dividend Details

Dividend Type Amount Per Share Face Value Record Date Payment Date
Interim ₹7.50 ₹10 September 4, 2026 On or before September 25, 2026
Special ₹86.50 ₹10 September 4, 2026 On or before September 25, 2026

The total payout amounts to ₹94.00 per equity share of face value ₹10 each. This disclosure supersedes the earlier intimation regarding the board meeting agenda issued on August 24, 2026.

Corporate Governance Update

Amit Mittal, Managing Director & Chief Financial Officer, digitally signed the disclosure citing compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was communicated to the Listing Departments of BSE Limited and the National Stock Exchange of India Ltd.

The Board Meeting commenced at 4:30 pm and concluded at 4:52 pm. Federal-Mogul Goetze operates as part of the Tenneco Group, with its corporate office located in Gurgaon, Haryana.

Historical Stock Returns for Federal Mogul Goetze

1 Day5 Days1 Month6 Months1 Year5 Years
-1.67%-4.84%-5.18%+9.70%-20.64%0.0%

What specific operational improvements or asset sales enabled Federal-Mogul Goetze to generate the surplus cash required for this unusually high special dividend?

How might this significant capital payout impact the company's future R&D investments or working capital requirements within the automotive aftermarket sector?

Could this large dividend distribution signal a strategic shift in Tenneco Group's approach to managing its Indian subsidiary, potentially leading to further restructuring or delisting considerations?

Federal-Mogul Goetze Q1FY27 net profit rises 0.4% to ₹453 million

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Reviewed by
Shriram SScanX News Team
Key Highlights

Federal-Mogul Goetze posted a consolidated net profit of ₹453.3 million in Q1FY27, up 0.4% year-on-year, while revenue increased 8.8% to ₹5,262.7 million. Operating margins contracted significantly, with EBITDA falling to ₹612.4 million, highlighting cost pressures despite top-line growth.

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Federal-Mogul Goetze reported a consolidated net profit of ₹453.3 million for the first quarter of FY27 (ended June 30, 2026), a slight increase from ₹451.5 million in the corresponding period last year. The company’s consolidated revenue rose to ₹5,262.7 million, up from ₹4,836.7 million year-on-year, reflecting top-line growth despite persistent pressure on operating margins.

While the bottom line saw a marginal uptick, operational profitability faced headwinds. Consolidated EBITDA declined to ₹612.4 million from an estimated ₹706 million in the prior year period context, resulting in an EBITDA margin contraction to approximately 11.6%, down from 14.59% year-on-year. Standalone net profit was reported at ₹413.6 million, nearly flat at ₹414.3 million in the prior year quarter.

Financial Performance

The key financial metrics for the quarter are outlined below:

Metric: Q1FY27 Q1FY26 Change
Consolidated Net Profit: ₹453.3 million ₹451.5 million +0.4%
Consolidated Revenue: ₹5,262.7 million ₹4,836.7 million +8.8%
Standalone Net Profit: ₹413.6 million ₹414.3 million -0.2%
EPS (Basic, Consolidated): ₹7.81 ₹7.77 +0.5%

What the Numbers Show

The divergence between revenue growth and EBITDA performance indicates a squeeze on operating efficiency. While Federal-Mogul Goetze managed to grow its top line by nearly 9%, it failed to convert this volume or price growth into proportional operating profits. The decline in absolute EBITDA alongside rising revenue suggests that input costs or other operating expenses may have risen faster than sales, eroding the margin by nearly 300 basis points compared to the prior year.

Despite the margin contraction, the company maintained its net profit levels, indicating that non-operating items or tax efficiencies may have offset some of the operational pressure. The stability in net profit, despite weaker operating metrics, warrants monitoring in subsequent quarters to determine if this is a temporary fluctuation or a structural shift in profitability.

Historical Stock Returns for Federal Mogul Goetze

1 Day5 Days1 Month6 Months1 Year5 Years
-1.67%-4.84%-5.18%+9.70%-20.64%0.0%

What specific cost drivers, such as raw material inflation or supply chain disruptions, contributed to the 300 basis point contraction in EBITDA margins despite an 8.8% revenue increase?

How sustainable is the current net profit stability if it relies on non-operating items or tax efficiencies rather than core operational improvements?

What strategic initiatives is Federal-Mogul Goetze implementing to restore EBITDA margins to pre-Q1FY26 levels in the upcoming quarters?

More News on Federal Mogul Goetze

1 Year Returns:-20.64%