Indag Rubber Limited has announced a final dividend of ₹1.50 per equity share for the financial year 2025-26, pending approval from shareholders at its upcoming Annual General Meeting. The dividend is declared on equity shares with a face value of ₹2 each. The payout, if approved, will be distributed on or before September 10, 2026.

The company has scheduled its 47th Annual General Meeting (AGM) for Wednesday, August 12, 2026, at 05:00 P.M. IST via Video Conferencing and Other Audio-Visual Means. The record date to determine the entitlement of members and beneficial owners for the final dividend has been fixed as August 5, 2026.

Consequently, the Register of Members and Share Transfer Books will remain closed from August 6, 2026, to August 12, 2026 (both days inclusive). This closure is standard procedure to finalize the list of shareholders eligible for the dividend payout.

The announcement was made in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sonal Garg, Company Secretary & Compliance Officer, signed the intimation on June 22, 2026.

Key Dividend Details

Indag Rubber Limited reported a 47% year-on-year increase in net profit to ₹12.38 crore for the financial year ended March 31, 2026. Profitability improved despite a 5.1% decline in total revenue, which stood at ₹224.81 crore for the year. The company’s focus on operational excellence resulted in an EBITDA growth of 36% to ₹22.43 crore, with margins expanding by 300 basis points to 10.0%. For the quarter ended March 31, 2026, profit after tax more than doubled to ₹3.55 crore from ₹1.65 crore in the corresponding period of the previous year.

The Board of Directors recommended a final dividend of ₹1.50 per equity share of face value ₹2 each for FY26. This takes the total dividend for the year to ₹2.40 per share, inclusive of the interim dividend of ₹0.90 per share paid in November. The dividend is subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance

Total revenue for Q4FY26 grew 9.2% year-on-year to ₹63.16 crore, while EBITDA surged 81% to ₹6.33 crore. The EBITDA margin for the quarter improved significantly to 10.0% from 6.0% in the same period last year. The company generated ₹19.7 crore in operating cash flow during FY26, up from ₹6.5 crore in FY25, aided by a reduction in the working capital cycle.

Operational Highlights

Commenting on the results, Mr. Vijay Shrinivas, CEO & Whole Time Director, attributed the revenue moderation in FY26 to weaker State Transport Undertaking (STU) volumes in Q1. However, profitability recovered strongly due to disciplined credit control and optimized raw material supply chain management. The company noted that the 2026 West Asia escalation has elevated input costs, which it is managing through price pass-through and product-mix optimisation.

The company’s subsidiary, Millenium Manufacturing Systems, achieved a milestone in FY26 by progressing from factory homologation to securing its first commercial serial order for power conversion systems used in Battery Energy Storage Systems (BESS).