Honda India Power Products Board Approves FY26 Results, Appoints Sameer Jain as Director
Honda India Power Products reported audited results for FY26 with revenue at ₹865.45 crore and profit after tax at ₹64.24 crore. The Board appointed Sameer Jain as Chief Corporate Officer and Whole-Time Director. A dividend of ₹26.50 per share was recommended.
The appointment of a new Whole-Time Director and the approval of financial results are significant events for the company. The dividend recommendation also impacts shareholders. The impact is considered medium as it does not involve major strategic shifts or large financial transactions.
The company reported its financial results and announced key management appointments, including a Whole-Time Director, which are generally viewed positively. The recommendation of a dividend also contributes to a positive sentiment.
Honda India Power Products Limited announced the outcome of its Board Meeting held on May 26, 2026. The Board approved the audited financial results for the quarter and financial year ended March 31, 2026.
For the quarter ended March 31, 2026, the company reported a Profit Before Tax of ₹33.25 crore and a Profit for the period of ₹26.92 crore. For the full financial year ended March 31, 2026, the Profit Before Tax stood at ₹95.68 crore, with a Profit for the period of ₹64.24 crore. Revenue from operations for the year was ₹865.45 crore.
The Board also approved the appointment of Mr. Sameer Jain as Chief Corporate Officer effective July 1, 2026, and as Whole-Time Director effective September 1, 2026. He will succeed Mr. Vinay Mittal, who will superannuate on September 30, 2026. The appointment of Mr. Jain as Whole-Time Director is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Additionally, the Board approved the re-appointment of M/s Deloitte Haskins & Sells LLP and M/s Das Patnaik & Co as Internal Auditors for the Financial Year 2026-27, and M/s Rakesh Singh & Co as Cost Auditors for the same period.
The Board has recommended a dividend of ₹26.50 per equity share for the year ended March 31, 2026, subject to shareholder approval at the ensuing AGM.
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Honda India Power Products Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Honda India Power Products Limited. Read the original for the full detail.