Dhoot Industrial Finance Dividend: Stock up 33% since May, Rs 1.50 payout—Are you eligible? Check record date
Shares of Dhoot Industrial Finance Ltd are in focus after the company fixed September 3, 2026 as the record date for its final dividend of Rs 1.50 per equity share for FY26.
The dividend represents a 15 per cent payout on the Rs 10 face value of each equity share. The stock was trading at Rs 286 on August 24, 2026, according to exchange data.
The dividend announcement comes after a sharp improvement in the company's June quarter performance, with revenue and profit posting a significant year-on-year jump.
Dhoot Industrial Finance dividend details
Dhoot Industrial Finance has fixed September 3 as the record date for determining shareholders eligible for the final dividend.
The key details are:
Final dividend: Rs 1.50 per share
Face value: Rs 10
Dividend: 15 per cent
Record date: September 3, 2026
Ex-dividend date: September 3, 2026
Financial year: FY26
Q1 profit jumps 280 per cent
The company delivered a sharp improvement in its financial performance in the first quarter of FY27.
Revenue surged 3,068 per cent year-on-year to Rs 72.25 crore, compared with Rs 2.28 crore in the corresponding quarter last year.
Net profit rose nearly 280 per cent to Rs 51.24 crore, from Rs 13.49 crore in Q1 of the previous year.
The company's net profit margin also stood at 70.92 per cent during the quarter.
The strong performance was attributed to improvement across its trading and financing activities, along with better pricing and cost control.
Stock gains 33 per cent since May
Dhoot Industrial Finance has also witnessed strong momentum in the stock market in recent months.
The stock has gained around 33.05 per cent since May 27, 2026, according to the e.
The stock's 52-week range is Rs 132.20 to Rs 322.15, indicating that the current price of Rs 286 remains relatively close to its recent high.
The stock has also gained around 43.1 per cent over the past six months, according to the supplied data.
Dividend comes amid strong earnings momentum
The combination of a sharp earnings improvement and the upcoming dividend has put Dhoot Industrial Finance on investors' radar.
The company has declared a Rs 1.50 final dividend even as its latest quarterly numbers show a substantial increase in revenue and profitability.
Investors tracking the dividend will now focus on September 3, the record date announced by the company, while the stock's ability to sustain its recent gains will depend on whether the strong Q1 performance translates into consistent earnings in subsequent quarters.
