StockWatch
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Iron & Steel Products
Dividend27 Jul 2026, 11:10 pm

Usha Martin recommends ₹3.75/share dividend for FY26; AGM on Aug 20

AI Summary

Usha Martin Ltd. announced a recommended dividend of ₹3.75 per equity share for the financial year 2025-26. This dividend, if approved at the 40th Annual General Meeting (AGM), will be payable to shareholders holding shares as of the record date, August 13, 2026, on or after August 24, 2026. The AGM is scheduled for Thursday, August 20, 2026, at 11:30 A.M. via Video Conferencing/Other Audio Visual Means. The company also released its Annual Report for FY26. Key financial highlights for FY26 include a 6.2% YoY revenue growth to ₹3,691 Cr, an 18.1% YoY increase in Operating EBITDA to ₹705 Cr, and a 20.9% YoY rise in PAT to ₹491 Cr. Operating cash flow grew 36% to ₹736 Cr.

Key Highlights

  • Board recommended ₹3.75 per share dividend for FY26.
  • 40th Annual General Meeting scheduled for August 20, 2026.
  • Record date for dividend eligibility is August 13, 2026.
  • Dividend payment expected on or after August 24, 2026.
  • FY26 revenue grew 6.2% YoY; PAT increased 20.9% YoY.