Honda India Power Products Board Approves FY26 Results, Recommends Dividend, Appoints New CCO
Honda India Power Products declared audited financial results for FY26, with revenue at ₹86,545 lakhs and profit before tax at ₹9,568 lakhs. The Board approved Mr. Sameer Jain's appointment as Chief Corporate Officer from July 1, 2026, and Whole-Time Director from September 1, 2026. A final dividend of ₹13 per share is recommended.
The financial results, dividend recommendation, and appointment of a new Whole-Time Director are significant events that can impact investor sentiment and company operations.
The approval of financial results, recommendation of a dividend, and key management appointments are generally positive indicators for the company.
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, along with the auditors' report. A declaration regarding the unmodified opinion from statutory auditors, M/s B S R and Co. LLP, was also provided.
The company reported revenue from operations of ₹86,545 lakhs for the financial year ended March 31, 2026, and a profit before tax of ₹9,568 lakhs. For the quarter ended March 31, 2026, revenue from operations was ₹26,453 lakhs, with a profit before tax of ₹3,325 lakhs.
Key personnel changes were approved, including the appointment of Mr. Sameer Jain as Chief Corporate Officer effective July 1, 2026, and as Whole-Time Director effective September 1, 2026. Mr. Vinay Mittal will superannuate as Whole-Time Director on September 30, 2026.
The Board recommended a final dividend of ₹13 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting (AGM). The company has fixed August 19, 2026, as the record date for this dividend payment, and the dividend, if approved, will be paid on September 17, 2026. The Register of Members and Share Transfer Books will be closed from August 20, 2026, to August 26, 2026, for the AGM and dividend payment.
M/s Rakesh Singh & Co. were re-appointed as Cost Auditors for the Financial Year 2026-27. The Board also noted the statutory impact of new Labour Codes as an exceptional item in the financial results.
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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.