Engineers India Proposes Rs 2.5 Dividend for FY26 at AGM

By ThePip DeskEngineers India Proposes Rs 2.5 Dividend for FY26 at AGM

Engineers India seeks shareholder approval for a Rs 2.50 final dividend for FY26 at its September 18 AGM. Company reports strong Q1 FY27 results with significant profit growth.

Engineers India Ltd, a state-owned engineering consultancy, will seek shareholder approval for a final dividend of Rs 2.50 per share for the financial year 2026 (FY26). This proposal will be presented at its 61st Annual General Meeting (AGM) scheduled for September 18, 2026, conducted via video conferencing.

Key Financial & Dividend Metrics

  • Proposed Final Dividend: Rs 2.50 per share
  • Dividend Percentage: 50% of Rs 5 face value
  • Q1 FY27 Net Profit: Rs 158 crore (up from Rs 65.4 crore year-on-year)
  • Q1 FY27 EBITDA Rise: 75.3% to Rs 126.6 crore
  • Q1 FY27 Revenue Decline: 5.8% to Rs 820 crore
  • Past Year Stock Return: 28.73%
  • Last Closing Price (August 26): Rs 251.89

The proposed Rs 2.50 per share dividend for FY26 is in addition to interim dividends already declared by the company. Shareholders will vote on this resolution, representing 50% of the equity share’s face value of Rs 5, during the upcoming meeting.

Beyond the dividend, the AGM agenda includes the review of Engineers India’s audited financial statements for the year ended March 31, 2026, along with the Directors’ and Auditors’ reports. Several critical appointments and reappointments are also slated for shareholder consideration.

Key Appointments & E-voting Details

  • Appointment of Atul Gupta as Chairman and Managing Director
  • Appointment of Kahuli Sema as Non-Official Independent Director
  • Appointment of Ashish Kumar Gupta as Non-Official Independent Director
  • Remote e-voting facility available from September 14 to September 17

This dividend proposal follows a robust Q1 FY27 performance, where Engineers India reported a significant increase in net profit and EBITDA. The company’s shares have demonstrated a 28.73% return over the past year, reflecting market response to its operational results.