News Image
CNBCTV18

Engineers India declares second interim dividend of ₹1.50 per share for FY26

Published on 26/02/2026 06:27 PM

Engineers India declares second interim dividend of ₹1.50 per share for FY26Shares of Engineers India Ltd ended at ₹224.65, up by ₹4.85, or 2.21%, on the BSE.By Jomy Jos Pullokaran  February 26, 2026, 6:27:43 PM IST (Published)2 Min ReadState-owned Engineers India Ltd on Thursday (February 26) announced that its board of directors has approved a second interim dividend of ₹1.50 per share on the face value of ₹5 each for the financial year 2025-26.

"The Board of Directors in its meeting held on 26th February, 2026, has, inter alia, declared Second Interim Dividend of ₹1.50 per share on the face value of ₹5/- each of the Company for the financial year 2025-26," according to a stock exchange filing.

The company had earlier informed, via its letter dated February 17, 2026, that the record date for the interim dividend is Friday, March 6, 2026. The second interim dividend will be payable on and from Friday, March 20, 2026, and within 30 days from the date of declaration.

Also Read: Engineers India shares surge 12% after Q3 profit jumps over three-fold

Third Quarter Results

The company reported a net profit of ₹347.2 crore for the quarter, more than three times higher than ₹109 crore in the year-ago period. Revenue surged 58.3% year-on-year to ₹1,210.2 crore from ₹764.5 crore, reflecting strong execution and improved business momentum.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) jumped to ₹352.2 crore compared with ₹97.9 crore in the corresponding quarter last year. The EBITDA margin expanded significantly to 29.1% from 12.8%, marking an increase of 1,630 basis points year-on-year.

The December quarter saw the company bagging its largest overseas order from Nigeria’s Dangote Group to expand a mega refinery project. It was worth about $360 million. International business is becoming a key growth driver for the company. As of January 2026, the overseas market constitutes 65% of fresh order inflows while domestic orders stand at 35%.

Also Read: Engineers India sees growth pick up as overseas orders surge

Headquartered in New Delhi, Engineers India (EIL) is a state-run engineering and design company in the field of petroleum refineries, petrochemicals, and oil and gas processing.

Shares of Engineers India Ltd ended at ₹224.65, up by ₹4.85, or 2.21%, on the BSE.Continue ReadingTagsEngineers Indiashare market today