Linde India has declared August 6, 2026 as the record date for payment of dividend following the company's board meeting held on May 30, 2026. According to the exchange filing, the record date is subject to approval by members at the ensuing 90th Annual General Meeting scheduled for Thursday, August 13, 2026. The company stated that the register of members and share transfer books will remain closed from Friday, August 7 to Thursday, August 13, 2026 for AGM purposes and dividend payment.
The Kolkata-headquartered industrial gases and engineering company recommended a total dividend of ₹12 per share in its May 30 board meeting. As reported by the company, this includes a special dividend of ₹8 per share on 85,284,223 fully paid-up equity shares of ₹10 each for the year ended March 31, 2026. The dividend payment will be made to shareholders whose names appear in the company's register as of the record date.
According to the company's regulatory filing, Linde India reported a 34.60% year-on-year decline in consolidated net profit at ₹77.44 crore for the March quarter of FY2025-26. The company's net profit stood at ₹118.41 crore during the corresponding period of the preceding financial year. Despite the profit decline, total revenue increased 3.79% during the quarter under review to ₹614.33 crore, compared with ₹591.87 crore during the year-ago period. The company's revenue stands at ₹2,531 crore with profit at ₹551 crore as of the latest financial data.
The stock is currently trading at ₹6,940 apiece on the NSE following the dividend announcement. The company has a market capitalization of ₹59,178 crore and is trading at 14.0 times its book value. However, the stock has declined 7.71% over the past year. The company has delivered a poor sales growth of 11.5% over the past five years and maintains a low return on equity of 13.0% over the last three years. The dividend payment represents a significant return to shareholders amid the company's operational challenges in the current financial year.
