MRF Declares Final Dividend of ₹229 Per Share for FY26
MRF has announced a final dividend of ₹229 per share for FY26, taking the total dividend payout for the year to ₹235 per share. The tyre maker’s latest dividend came alongside its Q4 results, where profit rose sharply and revenue posted double-digit growth.
Dividend announcement
MRF’s board recommended a final dividend of ₹229 per equity share with a face value of ₹10, subject to approval by shareholders at the upcoming AGM. Earlier in FY26, the company had already paid two interim dividends of ₹3 per share each, which means the total payout for the year adds up to ₹235 per share.
The announcement reflects MRF’s strong cash generation and its long-standing practice of rewarding shareholders. Even though the dividend yield remains low because of the stock’s high share price, the absolute payout is among the largest in the Indian market.
Q4 performance snapshot
MRF reported a 37.5% year-on-year rise in net profit to ₹702 crore in the March quarter. Revenue also grew in double digits, supported by improved margins and stable cost performance during the quarter.
That earnings momentum helped support the dividend announcement and kept investor sentiment positive around the stock. The company’s ability to combine profit growth with high cash returns continues to make it a closely watched large-cap name in the auto ancillary space.
Record date
As of the latest reports, MRF had not yet disclosed the record date for the final dividend. Investors should therefore watch for the company’s separate exchange filing that will announce the record date and ex-dividend date.
The record date is important because only shareholders holding the stock by that date will be eligible for the payout. Once the record date is announced, the payment timeline will follow after shareholder approval at the AGM.
Why this matters
MRF’s latest dividend reinforces its reputation as one of India’s most consistent shareholder-return stories. Even though the dividend yield is modest, the company’s high absolute payout makes it important for long-term investors tracking income and capital appreciation.
The results also show that the tyre sector remains resilient, with demand and margin trends supporting earnings growth. For investors, the key watch points now are the AGM approval, record date, and any future commentary on business outlook.
FAQs
