GHCL Limited has announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors recommended a dividend of Rs. 12 per equity share, representing a 120% payout, subject to shareholder approval. Additionally, the company approved a revision in its Dividend Distribution Policy, increasing the payout ratio to 25% of profits after tax, and confirmed the appointment of Deloitte Haskins & Sells as the new Statutory Auditor.
Annual Financial Highlights
For the financial year ended March 31, 2026, GHCL Limited reported a total income of Rs. 3,143.93 crore. The net profit for the year stood at Rs. 478.81 crore. For the final quarter of the year, the company recorded a revenue from operations of Rs. 790.51 crore and a net profit of Rs. 119.97 crore, reflecting stable performance across its operations.
Dividend and Policy Update
The Board has recommended a final dividend of Rs. 12 per equity share (face value of Rs. 10 each), amounting to 120% on the paid-up equity capital. Pending approval at the 43rd Annual General Meeting scheduled for June 25, 2026, the dividend payout is slated for distribution on or after that date. Furthermore, the company has officially amended its Dividend Distribution Policy, raising the dividend payout ratio from 15% to 25% of standalone profits after tax.
Capital Expenditure and Auditing
Looking ahead to the 2026-27 financial year, the company has approved a capital budget of approximately Rs. 59.52 crore to support its ongoing business requirements. In a significant administrative update, the Board has approved the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as the new Statutory Auditor for a five-year term, effective from the conclusion of the upcoming 43rd Annual General Meeting until the 48th AGM in 2031.
Corporate Developments
The company confirmed that its subsidiary, Dan River Properties LLC, completed its voluntary liquidation on February 18, 2026. Additionally, the company is actively working to resolve long-standing litigation regarding shares previously held by its former Employees Stock Option Trust, marking a step toward simplifying its corporate structure.
Source: BSE
