Interim dividend of Rs. 12 per share; record date October 29, 2026, payment by November 22, 2026
Board approved an interim dividend of Rs. 12 per equity share of Re. 1 each for FY 2026-27.
By ScoutQuest · · 2 min read
- Interim dividend
- Rs. 12 per equity share of Re. 1 each for FY 2026-27
- Record date
- Thursday, October 29, 2026
- Approved capacity expansions
- Srikalahasti 12.50 MSM at Rs. 340 Crores; Gailpur 11 MSM at Rs. 180 Crores; Durgapur 9000 MT/month at Rs. 34 Crores
What the Board approved
- An interim dividend of Rs. 12 per equity share of face value Re. 1 each for the financial year 2026-27.
- The record date for determining entitlement is Thursday, October 29, 2026, and payment will be made on/before November 22, 2026.
- The unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, along with the statutory auditors' limited review reports on them.
- Revised capacity and cost for the Srikalahasti (Andhra Pradesh) expansion, a revised cost for the Gailpur (Rajasthan) expansion, and a brand-new tile adhesive plant at Durgapur (West Bengal).
What record date and payment date mean
The record date is the cut-off day the company uses to fix the list of shareholders entitled to the dividend. The payment date is when the money is actually sent out. Both dates are stated in the update, so a shareholder knows exactly when to expect the credit.
Expansion at Srikalahasti, Andhra Pradesh
- Proposed addition: 12.50 MSM Glazed Vitrified Tiles per annum.
- Estimated investment: Rs. 340 Crores, to be funded through internal accruals and banks (mainly letter of credit).
- Expected completion: by June 2027.
- Stated rationale: to cater to the southern market in India.
Expansion at Gailpur, Rajasthan
- Proposed addition: 11 MSM Tiles per annum.
- Estimated investment: Rs. 180 Crores, funded through internal accruals and banks (mainly letter of credit).
- Expected completion: by April 2027.
- Stated rationale: to meet demand in the northern market in India.
New tile adhesive plant at Durgapur, West Bengal
- Proposed capacity: 9000 MT per month of tile adhesive.
- Estimated investment: Rs. 34 Crores, funded through internal accruals and banks (mainly letter of credit).
- Expected to be set up by December 2027.
- Stated rationale: to feed the eastern India market for tile adhesive.
How to read the mix
The dividend is a cash return to shareholders, decided by the Board for this financial year. The three capacity decisions are spending plans with timelines in 2027, financed largely from the company's own funds and bank lines. Investors typically look at the dividend for an immediate cash event, and at the expansions for what they could add to volumes once commissioned, keeping in mind that the amounts are estimates and the dates are expected timelines stated in the update.
Also from Kajaria Ceramics
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Rs. 12 interim dividend; board approves revised tile capacity expansion and new Durgapur adhesive plant
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More numbers
- Interim dividend per equity shareRs. 12 per equity share
- Face value per equity shareRe. 1 each
- Estimated investment, Srikalahasti expansionRs. 340 Crores
- Estimated investment, Gailpur expansionRs. 180 Crores
- Estimated investment, Durgapur tile adhesive plantRs. 34 Crores
- Proposed capacity addition, Srikalahasti12.50 MSM Glazed Vitrified Tiles per annum
- Proposed capacity addition, Gailpur11 MSM Tiles per annum
- Proposed capacity, Durgapur tile adhesive plant9000 MT per month
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