State-owned NBCC India Ltd. has announced Feb. 25 as the record date to determine the eligibility of shareholders for its third interim dividend for the financial year 2025-26.
The decision followed a Board meeting held on Wednesday, Feb. 18, where directors approved the payout. The company has declared an interim dividend of Rs 0.12 per paid-up equity share of face value Rs 1 each, equivalent to 12% of the face value.
In an exchange filing, the Navratna public sector undertaking (PSU) of the Ministry of Housing and Urban Affairs said, “This is to inform that the Board of Directors of the company at its meeting held today, i.e., Wednesday, February 18, considered and declared the 3rd interim dividend of Rs. 0.12/- (12%) per paid-up equity share of Re 1 each for the financial year 2025-26.”
NBCC India Dividend: Record Date
The company stated in the filing, “Further, as intimated earlier on February 13, Wednesday, February 25 is fixed as the record date for ascertaining the eligibility of shareholders for payment of the interim dividend. The interim dividend would be paid within the period as stipulated under the Companies Act, 2013.”
Shareholders must hold NBCC shares on or before the record date to qualify for the interim dividend. Only those whose names appear in the company's records as of Feb. 25 will be entitled to receive the payout.
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TDS On Dividend: Shareholders Asked To Submit Documents
In a separate exchange filing, NBCC informed shareholders that dividend income is taxable.
The company stated, "All the shareholders are hereby informed that the Income Tax Act, 1961, (the IT Act) as amended by the Finance Act, 2020, mandates that dividends paid or distributed after April 01, 2020, shall be taxable in the hands of shareholders. Therefore, the company be required to deduct tax at source (TDS) at the time of payment of dividend."
In line with these provisions, the company will deduct tax at source (TDS) at the time of disbursing the interim dividend.
Accordingly, to claim exemption from TDS on dividend income, shareholders have been requested to submit the required documents as prescribed under the Income Tax Act, 1961, on or before Thursday, Feb. 26, 2026.
NBCC Q3FY26 Results
NBCC India reported a strong rise in consolidated net profit for the third quarter of FY26 at Rs 193 crore, up 39.4% year-on-year (YoY) compared to Rs 138 crore in the same period of the previous fiscal. Revenue during the quarter increased 7.6% to Rs 3,022 crore from Rs 2,809 crore a year earlier. The Ebitda declined 21% to Rs 114 crore against Rs 144 crore in the corresponding quarter of the previous financial year. The Ebitda margin also narrowed to 3.8%, down from 5.1% year-on-year.
NBCC Share Price History
Shares of NBCC India have declined 5.5% in the last five trading sessions on the NSE. The PSU stock has dropped 2.49% in the last one month. In the last six months, it has slipped 9.31%. Year-to-date, the stock has fallen 22.66%. However, in the last year, the shares have gained 18.11%. At 11:08 a.m. on Tuesday, NBCC India shares were trading 0.95% lower at Rs 94.43 apiece on the NSE. This compares to a 0.83% decline in the benchmark Nifty 50.
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