From mint · Pranati Deva · · 1m 30s
Page Industries ₹150 Dividend Alert
Page Industries declares ₹150 per share dividend with record date next week.
In brief
Page Industries declares ₹150 per share dividend with record date next week. Page Industries announced its second FY27 interim dividend of ₹150 per share, the largest in Q2, with record date November 18, 2026. Originally reported by mint.
Dividend Announcement
Page Industries declared a second FY27 interim dividend of ₹150 per share, the largest announced during the September quarter.
“The Board of Directors of the Company at their meeting held today (i.e., 12 November 2026) has declared the 2nd Interim Dividend for the financial year 2026-27 for an amount of ₹ 150/- per equity share”
Record Date Timeline
The record date is set for Wednesday, November 18, 2026, with payment due by December 11, 2026.
“The record date fixed for the payment of interim dividend is 18 November 2026. The date fixed for payment of dividend is on or before 11 December 2”
Q2 Financial Performance
Q2 net profit rose 4% to ₹202.5 crore, while the stock has fallen 21% over the past year.
“Page Industries reported an 11.5% year-on-year increase in net revenue to ₹1,439 crore during the September quarter.”
Dividend History
Since 2024, Page Industries has distributed ₹1,800 per share through ten interim dividends.
“In FY2024-25, the company announced four payouts aggregating ₹900 per share.”
Other Q2 Dividends
Sanofi India led with ₹75 per share, Infosys with ₹26, Ingersoll-Rand India with ₹20, and Galaxy Surfactants with ₹18.
“Sanofi India led the group with an interim dividend of ₹75 per share, followed by IT major Infosys, which announced a payout of ₹26 per share.”
Stock Price Trend
Page Industries shares declined 13% in one week, 16% in one month, and 21% over the past year.
“The shares ended 2% lower at ₹31,399.65 apiece on the BSE on Friday.”
Q2 Results Details
Page Industries reported 11.5% revenue growth to ₹1,439 crore with 5.5% sales volume increase in Q2 FY27.
“Page Industries reported an 11.5% year-on-year increase in net revenue to ₹1,439 crore during the September quarter.”
Management Commentary
V.S. Ganesh noted double-digit revenue growth supported by volume, premiumisation, and new product launches.
“Commenting on the results, V.S. Ganesh, Managing Director of Page Industries, said the company delivered double-digit revenue growth in Q2 FY27, supported by healthy volume growth, premiumisation and a strong consumer response to new product launches.”
Brokerage View
HSBC maintains Buy rating but cuts target price to ₹43,870 after weaker-than-expected volume growth.
“HSBC maintained its Buy rating on Page Industries but cut its target price to ₹43,870 per share, implying an upside of approximately 40% from the previous close.”
Dividend Timeline
Page Industries declared ₹200 in August 2026 and ₹150 in November 2026 for FY27, totaling ₹350 per share.
“Continuing into FY2026-27, the company declared a first interim dividend of ₹200 in August 2026 and a second interim dividend of ₹150 in November 2026, with the record date set for November 18, 2026.”
The main idea
Page Industries announced its second FY27 interim dividend of ₹150 per share, the largest in Q2, with record date November 18, 2026.
