SML Mahindra Ltd. has announced a final dividend of Rs 23.5 per share after it posted an over 2% advance in its net profit for the fourth quarter of FY26, according to an exchange filing on Monday.
"The Board has recommended Final Dividend of 235% (Rs. 23.50 per share) for the financial year ended on 31st March 2026," the filing stated.
The dividend is subject to approval from members of the company, and record date for the same has been set as July 3, 2026 (Friday), the company said.
If approved, payout for said dividend is expected to happen in permitted modes after July 21, 2026 within the stipulated timelines.
The company registered its bottom-line at Rs 54.2 crore, compared to Rs 53 crore in the year-ago period. Revenue went up 16.4% to Rs 898 crore from Rs 771 crore in the corresponding quarter of last year.
However, earnings before interest, taxes, depreciation and amortisation slipped marginally 0.1% to Rs 90.38 crore from Rs 90.44 crore year-on-year. Margin also narrowed from 11.72% in Fiscal 2025 to 10.06% in the quarter under review.
SML Mahindra Q4 Result Highlights (Standalone, YoY)
- Profit surges 2.4% at Rs 54.2 crore versus Rs 53 crore.
- Revenue rises16.4% at Rs 898 crore versus Rs 771 crore.
- Ebitda fell 0.1% at Rs 90.38 crore versus Rs 90.44 crore.
- Ebitda margin at 10.06% versus 11.72%.
- To pay final dividend of Rs 23.5 per share.
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SML Mahindra Share Price
SML Mahindra's stock rose 0.48% to Rs 4,340 apiece on the NSE on Monday. This compared to a 0.05% advance in the Nifty index. The share price has risen 9.16% year-to-date.
About SML Mahindra
Formerly known as SML Isuzu Ltd., the company was renamed by Mahindra and Mahindra Ltd. in August last year, after it acquired a 58.96% stake in the company.
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