Carborundum Universal Declares Interim Dividend of ₹1.5 Per Share

Chennai, February 04, 2026: Carborundum Universal Limited announced an interim dividend of ₹1.50 per equity share following its third-quarter financial results. The dividend equals 150% of the face value of ₹1 per share and has been approved by the Board. The decision was taken at the board meeting held on January 29, 2026.

Key Dates And Timeline

The record date for determining eligible shareholders is February 4, 2026. Investors holding shares on this date will qualify for the dividend.

The company stated that the dividend will be credited electronically on or before February 19, 2026. Payments will follow statutory timelines applicable to listed entities.

No additional regulatory approvals are required for the payout. The dividend relates to the financial year ending March 31, 2026.

Purpose Behind The Interim Dividend

The interim dividend has been declared from the current year’s earnings after the quarterly performance. The payout reflects profit generation during the period and routine capital distribution to shareholders.

For Q3 FY26, standalone revenue from operations stood at ₹780.29 crore. This was up 5.6% from ₹737.78 crore in the corresponding quarter last year.

Standalone profit after tax increased to ₹84.53 crore from ₹80.56 crore. On a consolidated basis, revenue stood at ₹1,290.86 crore with profit after tax of ₹73.16 crore.

Impact On Shareholders

Eligible shareholders will receive ₹1.50 per share as cash income. The payment does not alter the shareholding structure or equity capital. Dividend distributions provide direct returns without dilution. Holdings remain unchanged after the record date.

Market Snapshot And Share Price Effect

Carborundum Universal Ltd’s shares traded higher during the session on February 4, reflecting a positive intraday move. As of 12:35 pm IST, the stock was trading at ₹804.95, up ₹10.60 or 1.33% from the previous close of ₹794.35, as per exchange data.

The stock opened at ₹794.35 and moved within a day’s range of ₹787.55 to ₹810.05, indicating steady buying interest through the morning trade. The intraday chart shows the share price holding above the ₹800 level for most of the session after an early rise.

At the prevailing price, the company’s market capitalisation stood at around ₹15.33 crore, with a P/E ratio of 62.73. The stock remains below its 52-week high of ₹1,154.95 but comfortably above the 52-week low of ₹748.50, suggesting relative stability in recent trading sessions.

Ref: https://www.nseindia.com/get-quote/equity/CARBORUNIV/Carborundum-Universal-Limited

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