Atul Ltd. Proposes Rs 30 Dividend, Sees Profit Surge

Atul Ltd. has put forth a proposal for a dividend of Rs 30 per equity share for the financial year concluded on March 31, 2026. This proposal awaits the green light from shareholders during the company's annual general meeting slated for July 31, 2026.

The company's audited standalone and consolidated financial results for FY26 reveal a strong performance. For the March quarter, consolidated revenue climbed 15% to Rs 1,670 crore, up from Rs 1,452 crore year-on-year. Earnings before interest, tax, depreciation, and amortization (EBITDA) saw a 26% increase, reaching Rs 281 crore, with an improved EBITDA margin of 16.8%.

Significantly, net profit surged by 66% year-on-year to Rs 210 crore, a substantial rise from Rs 127 crore in the same period last year. The record date for dividend eligibility is set for July 17, 2026, with the Register of Members and Share Transfer Books closed from July 18 to July 24, 2026. Dividend payments are expected on or after August 5, 2026.

In related stock market activity, shares of Atul Ltd. experienced a rise of over 4% on Friday, reaching an intraday high of Rs 6,999. The stock has shown an 8.99% increase over the past 12 months and a 10.52% gain year-to-date.