Gujarat Energy declares ₹8.90 per share final dividend for FY26

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Final dividend of ₹8.90 per share declared for FY26
  • Record date fixed as September 11, 2026
  • 14th AGM scheduled for September 29, 2026 via VC/OAVM
  • Remote e-voting opens on September 25, 2026
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Gujarat Energy Limited declared a final dividend of ₹8.90 per equity share of face value ₹2 each for the financial year ended March 31, 2026. This payout represents a 445% return on the face value.

Dividend Details

The company fixed Friday, September 11, 2026 as the record date to determine shareholder eligibility for the dividend. Payments will be made on or before Wednesday, October 28, 2026, to members whose names appear in the register as of the record date.

Parameter Detail
Dividend per share ₹8.90
Face value ₹2
Return on face value 445%
Record date September 11, 2026
Payment deadline October 28, 2026

Shareholders are advised to update their bank account details and KYC information to ensure timely receipt of dividends via electronic mode. Physical shareholders must complete KYC norms including PAN and specimen signatures by April 1, 2024, to avail services.

AGM Schedule

The 14th Annual General Meeting will be held on Tuesday, September 29, 2026 at 3:00 pm through Video Conferencing or Other Audio Visual Means. The registered office in Gandhinagar will serve as the deemed venue.

Remote e-voting commences on Friday, September 25, 2026 at 9:00 am and concludes on Monday, September 28, 2026 at 5:00 pm. The cut-off date for voting entitlement is Tuesday, September 22, 2026. Central Depository Services (India) Limited facilitates the e-voting process.

Key Dates

  • Notice dispatch: September 5, 2026
  • E-voting start: September 25, 2026 at 9:00 am
  • E-voting end: September 28, 2026 at 5:00 pm
  • AGM date: September 29, 2026 at 3:00 pm
  • Book closure: September 22 to September 29, 2026

Historical Stock Returns for Gujarat Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+5.29%-5.03%-33.78%-40.41%-62.37%

How does Gujarat Energy Limited's 445% return on face value compare to industry peers, and what does this signal about its future capital allocation strategy?

Will the substantial cash outflow from this dividend payout impact the company's liquidity or its ability to fund upcoming infrastructure projects in Gujarat?

What specific growth initiatives or operational improvements are management likely to highlight during the upcoming AGM to justify this high dividend yield?

Gujarat Energy discloses FY26 sustainability metrics in BRSR filing

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Scope 1 emissions rose to 44,161.16 MT CO2e; Scope 2 reached 1,27,088.15 MT
  • Water consumption increased to 17,296.47 KL with 73,849.48 KL discharged
  • Worker LTIFR improved to 0.068 with zero fatalities reported
  • CSR spending totaled ₹65.2 crore including unspent transfers
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Gujarat Energy submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 on September 5, 2026, detailing environmental, social, and governance performance across its standalone operations.

The report covers the merged entity following the amalgamation of erstwhile Gujarat State Petroleum Corporation Limited and GSPC Energy Limited into Gujarat Energy Limited. JointValues ESG Services Pvt. Ltd. provided reasonable assurance on the nine core attributes disclosed in the filing.

Environmental Performance

The company reported a rise in Scope 1 greenhouse gas emissions to 44,161.16 MT of CO2 equivalent from 33,067.53 MT in FY25. Scope 2 emissions increased to 1,27,088.15 MT from 1,17,937.10 MT. Total energy consumption grew to 6,52,964.75 GJ, with renewable sources contributing 11.89 GJ.

Water consumption stood at 17,296.47 KL, up from 16,469.90 KL. The company discharged 73,849.48 KL of wastewater, primarily through municipal sewer systems or soak pits for domestic waste, while industrial effluent from exploration and production operations was sent to Common Effluent Treatment Plants after primary treatment.

Safety and Social Metrics

Gujarat Energy recorded zero fatalities and zero permanent disabilities for both employees and workers during FY26. The Lost Time Injury Frequency Rate (LTIFR) for workers was 0.068 per million person-hours worked, down from 0.130 in FY25. Employee LTIFR remained at 0.000.

The company spent 0.036% of total revenue on employee and worker well-being measures. Gross wages paid to females accounted for 7.02% of total wages, compared to 6.62% in FY25. Permanent employee turnover rate was 5.54%, while permanent worker turnover fell to 7.65% from 13.73%.

Corporate Social Responsibility

Total CSR expenditure for FY26 reached ₹65,21,94,986, comprising ₹16,34,79,997 disbursed directly and ₹48,87,14,989 transferred to unspent accounts. Key initiatives included constructing 177 Anganwadis, supporting 450 women entrepreneurs through micro-enterprise development, and establishing six millet-based processing units.

What the Numbers Show

Scope 2 emissions constitute approximately 74% of the company’s total reported carbon footprint, highlighting that purchased electricity remains the dominant source of indirect emissions despite operational efficiency gains. While absolute Scope 1 emissions rose, emission intensity per rupee of turnover adjusted for Purchasing Power Parity declined to 143.95 MT/USD Crore from 176.44 MT/USD Crore, indicating improved carbon efficiency relative to revenue growth.

Historical Stock Returns for Gujarat Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.19%+5.29%-5.03%-33.78%-40.41%-62.37%

What specific renewable energy procurement strategies is Gujarat Energy planning to implement to reduce its dominant Scope 2 emissions in FY27?

How will the significant transfer of ₹48.87 crore to unspent CSR accounts impact the company's ability to meet future mandatory spending requirements?

Given the rise in Scope 1 emissions post-amalgamation, what operational changes or technology upgrades are expected to curb absolute greenhouse gas growth?

More News on Gujarat Energy

1 Year Returns:-40.41%