PEPremier Energies544238Dividend news update

Board declares interim dividend of ₹0.50 per share for FY 2026-27

Board declared an interim dividend of ₹0.50 per equity share (50% of ₹1 face value) for FY 2026-27.

By ScoutQuest · Wed 4 Nov 2026, 6:53 PM IST · 2 min read

Interim Dividend

₹0.50 per equity share (50% of ₹1 face value) for FY 2026-27

Record Date

November 11, 2026

Dividend Payment Date

on or before December 3, 2026

The Board of Premier Energies met on November 04, 2026 and took three decisions that matter to shareholders: an interim dividend, approval of the September-quarter results, and note of a large manufacturing budget at a wholly owned subsidiary.

Dividend

• Interim dividend of ₹0.50 per equity share, described as 50% of the ₹1 face value per share, for the financial year 2026-27.
• Record Date fixed as November 11, 2026 — the cut-off date used to decide which shareholders are entitled to the dividend.
• Payment to eligible shareholders on or before December 3, 2026.

In simple terms, a holder gets ₹0.50 for every equity share held on the Record Date. The update does not give a total dividend outgo figure, so the payout size in rupees depends on the number of shares outstanding.

Results

• The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, as reviewed and recommended by the Audit Committee.
• The statutory auditors, Deloitte Haskins & Sells, issued Limited Review Reports on the standalone results, stating that nothing came to their attention that caused them to believe the statement contains any material misstatement.

The standalone cash flow statement, presented in ₹ million, offers a quick read on how the half year went:

• Net profit before tax of 851.19 for the six months ended September 30, 2026, against 1,025.40 in the same period of the previous year.
• Net cash flow from/(used in) operating activities of (28.34), shown in brackets, against 196.73 generated a year earlier.
• Net cash used in investing activities of (2,054.15), which includes investment in CCPs and equity instruments of subsidiaries of (2,645.65).
• Net cash from financing activities of 1,900.37, including proceeds from long-term borrowings of 2,500.00 and interest paid of (232.99).
• Cash and cash equivalents at the end of the period: 482.45.

Capex at the subsidiary

• The Board took note of the approval by the Board of Directors of Premier Energies Global Environment Private Limited (PEGEPL), a wholly owned subsidiary, of a budget of ₹5,947 crore.
• The budget is for setting up a 10 GW Ingot and Wafer Manufacturing Facility at Naidupeta, Andhra Pradesh.
• The estimated completion timeline for the 5 GW capacity under Phase I is December 31, 2027.

What a retail investor can take away

• The dividend is small in per-share terms but is a cash return decided alongside the half-year results.
• The Record Date of November 11, 2026 is the date that decides eligibility; the cash is credited on or before December 3, 2026.
• The subsidiary's budget is a forward-looking plan measured in thousands of crores, with Phase I capacity targeted for completion by December 31, 2027 — a long-gestation project rather than an immediate earnings driver.

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