Nesco Limited has fixed Monday, July 20, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹7 per equity share. The dividend, recommended by the Board of Directors on May 25, 2026, is for the financial year ended March 31, 2026, and is subject to shareholder approval. If approved, the payout will be made on or before Wednesday, August 12, 2026.

The company will hold its 67th Annual General Meeting (AGM) on July 27, 2026, at 3:30 p.m. via video conference or other audio-visual means. The meeting is being held in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders can participate and vote through remote e-voting facilities prior to the meeting or via e-voting during the AGM.

Key AGM and Dividend Details

The Notice of the AGM and the Annual Report for FY26 will be sent electronically to shareholders with registered email addresses. Physical copies will not be dispatched; instead, a letter with a weblink to access the report will be sent to those without registered email IDs. The documents will also be available on the company’s website and the websites of BSE Limited and National Stock Exchange of India Limited.

Shareholders holding shares in physical form are requested to update their email IDs and bank details by submitting Form ISR-1 to the Registrar and Share Transfer Agent, M/s. MUFG Intime India Private Limited. Those holding shares in dematerialised form must update their bank details with their Depository Participants. The company emphasized that dividends for physical folios will be paid only after the folios become KYC compliant.

Nesco Limited reported a 10% rise in consolidated net profit to ₹412.74 crore for the financial year ended 31 March 2026, compared to ₹375.21 crore in the previous year. Revenue from operations for the year increased to ₹932.06 crore from ₹732.01 crore in FY25. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026.

The board recommended a final dividend of ₹7 per equity share, having a face value of ₹2 each, for FY26, subject to shareholder approval. This marks an increase from the previous year's final dividend of ₹6.50 per share. The record date for determining entitlement to the dividend has been fixed as 20 July 2026, with payment scheduled on or before 12 August 2026.

Financial Performance

For the quarter ended 31 March 2026, the company reported a consolidated net profit of ₹93.05 crore, up from ₹88.62 crore in the corresponding quarter of the previous year, while revenue from operations for the quarter stood at ₹251.62 crore. On a standalone basis, Q4 net profit came in at ₹93.00 crore versus ₹88.60 crore in the same period last year, with standalone revenue at ₹250 crore compared to ₹192 crore year-on-year. Q4 standalone EBITDA stood at ₹118 crore against ₹110 crore in the prior year period, though the EBITDA margin contracted to 47% from 55.60% year-on-year. Total income for the full year rose to ₹1,031.59 crore from ₹845.67 crore in the prior year.

The following table summarises the full-year consolidated financial performance:

Key Q4 standalone metrics are presented below:

Governance and Appointments

The board approved the re-appointment of Deloitte Touche Tohmatsu India LLP as internal auditors and M/s. Y. S. Thakar & Co. as cost auditors for FY 2026-27. Additionally, the board approved the appointment of Mr. Rajesh G. Upadhyay as an Additional Director and Whole-time Director, designated as Executive Director (Commercial & Operations), effective 1 June 2026 for a term of three years.

The board also reconstituted the Board of Directors and its committees effective 1 June 2026. The 67th Annual General Meeting of the company is scheduled for 27 July 2026 at 3:30 pm IST via video conference.