Board approves interim dividend of ₹ 30 per equity share; record date fixed as October 21, 2026

Record date: October 21, 2026.

Mon 12 Oct 2026

Interim dividend per equity share

₹ 30 per equity share

Record date

October 21, 2026

Quarter profit

Rs 8,889.6 million

The board of ICICI Prudential Asset Management Company Limited met on Monday, October 12, 2026, from 3:00 p.m. to 5:05 p.m., and approved two main items: the unaudited financial results for the quarter and half year ended September 30, 2026, and an interim dividend for shareholders.

Record date and dividend

• The record date fixed for the interim dividend is October 21, 2026.
• The interim dividend is ₹ 30 per equity share for the period ended September 30, 2026.
• Eligibility is based on names appearing in the Register of Members, or in the records of depositories as beneficial owners of the shares, as on that record date.
• The results also note that during the period ended September 30, 2026, the company paid a final dividend of ₹ 12.4 per equity share (face value of ₹ 1 each) for the year ended March 31, 2026, as approved by shareholders at the Annual General Meeting held on June 24, 2026.

Results for the quarter and half year

• Quarter ended September 30, 2026: total income 16,907.0 million (currency: Indian Rupees in Million), of which revenue from operations was 16,737.9 million.
• Total expenses for the quarter were 4,930.0 million, profit before tax 11,977.0 million and profit for the period 8,889.6 million.
• Half year ended September 30, 2026: total income 34,357.2 million and profit for the period 18,535.9 million.
• Basic earnings per share were 17.99 for the quarter and 37.50 for the half year; diluted earnings per share were 17.98 and 37.50 respectively.
• Total other comprehensive income net of tax was negative 34.5 million for the quarter and negative 90.0 million for the half year.
• The statutory auditors' review report states that nothing came to their attention causing them to believe the statement contains any material misstatement.

Balance sheet position (as at September 30, 2026)

• Total assets 62,694.3 million, compared with 50,704.9 million as at March 31, 2026.
• Investments 51,866.0 million, compared with 38,748.9 million as at March 31, 2026.
• Cash and cash equivalents 146.7 million, compared with 1,339.7 million as at March 31, 2026.
• Equity share capital 494.3 million and other equity 52,909.0 million, taking total equity to 53,403.3 million.

Cash flow for the half year

• Net cash generated from operating activities was 16,882.3 million, against 15,982.5 million in the corresponding period.
• Net cash used in investing activities was 11,652.0 million.
• Net cash used in financing activities was 6,423.3 million, which includes final dividend paid of 6,128.8 million.
• Net change in cash and cash equivalents was negative 1,193.0 million.

Business transfer agreements noted in the results

• The company had entered into a Business Transfer Agreement dated September 22, 2025 with ICICI Venture Funds Management Company Limited for the sale and transfer of investment management rights of identified Category II Alternative Investment Funds, for a consideration of ₹1,079.4 million. Approvals were received from the Competition Commission of India (letter dated November 25, 2025) and SEBI (letter dated March 2, 2026); the conditions precedent were complied with and requisite agreements executed by April 1, 2026, and the company has been providing investment management services to the identified funds with effect from April 1, 2026.
• The company has entered into a Business Transfer Agreement dated September 23, 2026 with ICICI Securities Limited for acquisition of the entire Portfolio Management Services business of I-Sec, along with identified employees of I-Sec related to the PMS business, on a slump sale basis as a going concern. This is described as the Proposed Transaction, and it is subject to receipt of approval from SEBI and completion of requisite regulatory formalities, including issuance of intimation to existing PMS clients.

Employee stock schemes

• The company has implemented the Employees Stock Option Scheme, 2025 (ESOS 2025) and the Employees Stock Unit Scheme, 2026 (Unit Scheme) for granting share-based awards to eligible employees.
• ESOS 2025 was approved by the Members on June 30, 2025 and subsequently ratified on April 4, 2026, while the Unit Scheme was approved on April 4, 2026.
• Pursuant to these schemes, the company has granted 0.76 million stock options and 0.19 million employee stock units to eligible employees, with the cost recognised in the profit and loss account over the vesting period.

Points a retail investor may note

• The record date determines who receives the interim dividend, so shares must be held in the demat account on that date to be captured as a beneficial owner.
• Both the quarterly numbers and the half-yearly numbers are unaudited and were subject to a limited review, which is narrower in scope than a full audit.
• The PMS business acquisition is a proposed transaction that still requires SEBI approval; the earlier alternative investment funds transaction has already become effective from April 1, 2026.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.