Sundaram Brake Linings Ltd has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a dividend of ₹0.65 per equity share, subject to approval at the upcoming Annual General Meeting. The Board of Directors recommended this dividend, which equates to 6.5% on the face value of ₹10 per share, at its meeting held on May 25, 2026. The payment will be made to eligible shareholders on or after Wednesday, July 29, 2026, pending approval by the members.

The 52nd Annual General Meeting of the company is scheduled to be held on Friday, July 24, 2026, through Video Conferencing and other Audio-Visual Means. The record date has been fixed in accordance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders holding shares in dematerialized form will be entitled to the dividend based on the data provided by the National Securities Depository Limited and the Central Depository Services (India) Limited as of the close of business hours on July 17, 2026. For those holding shares in physical form, the entitlement will be determined after giving effect to valid transmission or transposition requests lodged with the company by the same deadline.

The dividend recommendation covers the financial year ended March 31, 2026. The final payout is contingent upon the approval of the members at the AGM. The company stated that the dividend will be paid subject to the deduction of tax at source.

Key Corporate Event Details

The dividend of ₹0.65 per share represents a 6.5% yield on the face value of the equity shares. The company has communicated that the record date closure applies strictly to the end of business hours on the specified date.

Sundaram Brake Linings reported a significant surge in profitability for the quarter ended March 31, 2026, with net profit rising 464% year-on-year to ₹746.69 lakh. The company’s operational performance also strengthened considerably, with EBITDA more than doubling to ₹850 lakh from ₹340 lakh in the corresponding quarter of the previous year. The results were published in newspapers on May 26, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Highlights

The company’s EBITDA margin expanded substantially to 9.4% in Q4FY26 from 3.5% in Q4FY25, reflecting a marked improvement in cost efficiency. For the full year ended March 31, 2026, total income from operations stood at ₹34,902.81 lakh, while net profit after tax for the year was ₹256.71 lakh.

The following table summarizes the key financial metrics for the quarter and year ended March 31, 2026:

Operational Performance Overview

The near 2.5x increase in EBITDA on a year-on-year basis underscores a robust improvement in operating performance during the quarter. The EBITDA margin expanded by approximately 590 basis points year-on-year, reinforcing the strength of the company’s operational recovery. Earnings per share (EPS) for the quarter increased to ₹18.98 from ₹3.37 in the same period last year. On an annual basis, EPS stood at ₹6.52 for FY26 compared to ₹13.15 in the previous year.