MRF Announces Rs 229 per Share Dividend for FY26: Key Details Unveiled

MRF has made a notable announcement regarding its final dividend payout, recommending a substantial dividend of Rs 229 per share, equating to an impressive 2,290%. This recommendation is contingent upon shareholder approval at the upcoming Annual General Meeting. Over the past fiscal year, MRF has been proactive in distributing returns to shareholders, having declared two interim dividends of Rs 3 each per share, resulting in a cumulative total of Rs 235 per share for FY26, or 2,350%. The precise record date for the dividend payment has yet to be announced, a detail that investors will be keenly awaiting.

In conjunction with the dividend announcement, MRF reported robust Q4 earnings, showcasing a 37% year-on-year increase in standalone net profit, reaching Rs 680 crore compared to Rs 498 crore the prior year. The company also experienced a 14% growth in revenue from operations, amounting to Rs 7,908 crore, driven by strong sales performance. Additionally, EBITDA for the quarter rose by 21.5% year-on-year to Rs 1,305.3 crore, with an improved EBITDA margin of 16.2%, up from 15.2% in the corresponding quarter last year. Overall, MRF’s total income for the quarter saw a similar 14% rise, resulting in total earnings of Rs 8,041 crore.

For the full fiscal year 2026, MRF demonstrated impressive financial health, with an 11% increase in revenue from operations, totaling Rs 30,652 crore. Annual net profit surged by 29% to reach Rs 2,355 crore, with profit before tax also rising correspondingly to Rs 3,133 crore. Cumulatively, the company’s expenses have seen increases, notably in raw material consumption and employee benefits. Following the release of these results, MRF shares responded positively, trading nearly 1% higher at Rs 1,31,450 on the NSE, indicating investor confidence in the company’s ongoing profitability and strategic direction.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova team.)