3M India Q4FY26 profit triples; dividend set at ₹506

Key update: profit jump and a large payout

3M India said its profit after tax (PAT) for Q4FY26 rose by over 200 percent year-on-year to ₹215 crore. Alongside the quarterly result, the company’s Board of Directors recommended a final and special dividend for FY26 that aggregates to ₹506 per equity share. The equity shares have a face value of ₹10 each.

The proposed payout is subject to shareholder approval at the ensuing Annual General Meeting (AGM). The company also disclosed the record date that will be used to determine which shareholders are eligible to receive the dividend.

What the Board recommended for FY26

According to the disclosure, the Board recommended a total dividend of ₹506 per equity share for FY26. This total includes two components - a final dividend and a special dividend. The final dividend is ₹160 per share, while the special dividend is ₹346 per share.

The company said the dividend, if approved, will be paid or dispatched to shareholders within 30 days from the date of the AGM. The AGM referenced in the announcement is the company’s 39th AGM, expected to be held in August 2026.

Record date and payment timeline

3M India fixed July 17, 2026 as the record date for determining shareholder eligibility for the FY26 dividend. The record date matters because the company uses it to identify shareholders entitled to receive the declared dividend.

The filing also states that the dividend is subject to approval of shareholders at the AGM. If approved, the payment or dispatch timeline is within 30 days from the AGM date.

How this compares with earlier dividends

The FY26 dividend of ₹506 per share sits between the company’s earlier large payouts that included special dividends. The material provided also references a previous dividend of ₹685 per share, with a record date of July 5, 2024.

Separately, the data included for FY24-25 shows an aggregate payout of ₹535 per share, made up of a ₹160 final dividend and a ₹375 special dividend, with record date and ex-dividend date shown as July 25, 2025.

Some commentary in the provided material describes the ₹506 dividend as “the highest dividend announced by 3M India since 2024,” while other lines describe it as “the lowest dividend since 2023.” The historical figures included in the same material show ₹685 per share in July 2024 and ₹535 per share in July 2025, which places the FY26 total of ₹506 below both of those totals.

Shareholder eligibility: record date and ex-date mechanics

For dividend eligibility, shareholders typically need to hold the shares on or before the record date, as determined by the company. The additional reference material also explains that purchases on or after the ex-dividend date do not qualify for the payout.

It also notes the T+1 settlement framework in the Indian market, under which shares bought on a trading day are delivered to the demat account on the next trading day. In practical terms, the settlement cycle is why the ex-dividend date is important when planning to be on the company’s register by the record date.

Dividend distribution size mentioned in the disclosure

One of the lines in the provided text states that the company announced distribution of nearly ₹570 crore to shareholders. This figure is presented alongside the FY26 dividend update and indicates the overall cash outgo implied by the dividend recommendation.

The same set of disclosures also reiterates that the dividend is subject to shareholder approval at the AGM and would be paid within 30 days from the date of declaration at the AGM.

Summary table: dividends and key dates cited

Market impact

A dividend recommendation of ₹506 per share is a material corporate action for a stock like 3M India (NSE: 3MINDIA), particularly because a large part of the payout is a special dividend. The announcement also comes with a sharp quarterly profit increase, with Q4FY26 PAT reported at ₹215 crore, up over 200 percent year-on-year.

For investors tracking dividend income and record-date eligibility, the July 17, 2026 record date is the key operational detail. The stated timeline - payment within 30 days of the AGM, if approved - sets expectations on when the cash credit or dispatch may happen after the August 2026 meeting.

Analysis: what stands out in the FY26 announcement

Two elements stand out in the information provided. First is the split between the final dividend (₹160) and the special dividend (₹346), which signals that the bulk of the payout is not the routine annual dividend component. Second is the combination of a large payout recommendation with a quarter in which profit more than tripled year-on-year.

The comparison points included in the same material show that 3M India has used special dividends in consecutive years, with totals of ₹685 (July 2024), ₹535 (July 2025), and now a recommended ₹506 for FY26. Based on these numbers alone, the FY26 recommendation is lower than the previous two totals cited, even as it remains a sizable per-share distribution.

Conclusion

3M India reported Q4FY26 PAT of ₹215 crore, up over 200 percent year-on-year, and recommended a total FY26 dividend of ₹506 per share, comprising ₹160 final and ₹346 special dividend. The company set July 17, 2026 as the record date, and said the payout is subject to shareholder approval at the 39th AGM scheduled for August 2026, with payment or dispatch within 30 days of the AGM.