Bhansali Engineering Polymers500052Dividend news update
Board declares 2nd interim dividend of Re. 1 per share; ABS expansion now targeted for completion by March 2027
Board approved unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 2 min read
100000 TPA+33.3%
Existing75000 TPATarget100000 TPA
- Interim Dividend
- 2nd interim dividend of Re. 1/- (100%) per equity share; record date 24 Oct 2026; payment by 17 Nov 2026
- Q2 Standalone Financials
- Revenue from operations 40,336.95 lakh; profit for the period 6,303.28 lakh
- ABS Capacity Expansion
- 75000 TPA to 100000 TPA at estimated cost of Rs.200 crores; completion now targeted by end of March 2027
Dividend and record date
- The Board declared a 2nd interim dividend of Re. 1/- per equity share for financial year 2026-27. On a share of face value Re. 1/- each, that is 100%.
- Including the 1st interim dividend declared in July 2026, the total interim dividend declared till date works out to 200% per share.
- The record date for deciding who is eligible is Saturday, 24 October 2026, and the dividend will be paid on or before 17 November 2026. The payout is subject to deduction of tax at source.
Quarterly numbers (standalone, unaudited)
- Revenue from operations for the quarter ended 30 September 2026 was 40,336.95 lakh.
- Profit for the period was 6,303.28 lakh.
- The results, standalone and consolidated, were reviewed by the statutory auditors, Azad Jain & Co., Chartered Accountants, and the Board took note of their Limited Review Report.
Expansion project
- The company is expanding ABS production capacity from the existing 75000 TPA to 100000 TPA, at an estimated cost of Rs.200 crores.
- This was earlier expected to be completed by September 2026. It is now running behind because of what the update describes as disturbances caused by the global war scenario (Gulf War and Russia-Ukraine war).
- The specific issues listed are: delivery of imported equipment delayed due to shortage or non-availability of shipping containers; service engineers of foreign suppliers unable to commit exact visit schedules for equipment commissioning trials; and delivery of the reactor delayed by a disturbed supply chain of components, now expected in November 2026.
- Management has reviewed the project implementation plan, and the operational shutdown schedule is being re-aligned with the revised equipment delivery timelines and construction sequence to minimise loss of production hours.
- Considering all these factors, the management states it is confident of achieving project completion by end of March 2027.
What this means
- The dividend is a cash return to eligible shareholders; the record date decides who receives it, so buying after that date does not carry this payout.
- The capacity addition is about future output, and the stated new completion timeline is later than originally planned. The update gives the company's own reasons for the slippage and its revised target date.
Also from Bhansali Engineering Polymers
Bhansali Engineering Polymers Q2 FY27 revenue up 24.1% to ₹403.4 crore, PAT up 54.4%; ABS expansion commissioning now targeted March 2027
21 Oct 2026
Board fixes 24 October 2026 as record date for 2nd interim dividend
19 Oct 2026
2nd interim dividend of Re.1 per share declared; ABS expansion completion now seen by end of March 2027
19 Oct 2026
More numbers
- 2nd interim dividend per equity shareRe. 1/-
- 2nd interim dividend rate on face value100 %
- Total interim dividend declared till date200%
- Existing ABS production capacity75000 TPA
- Target ABS production capacity100000 TPA
- Estimated cost of capacity expansionRs.200 crores
- Standalone revenue from operations, Q2 FY2740,336.95 lakh
- Standalone profit for the period, Q2 FY276,303.28 lakh
Source: BSE · 19 Oct 2026
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