A. K. Capital declares Rs 18 second interim dividend for 2026-27

A. K. Capital Services Limited declared a second interim dividend of Rs 18 per fully paid equity share for financial year 2026-27, implying a calculated payout of Rs 11.88 crore on 66 lakh shares. The record date is November 18, 2026, and the company said payment will be made on or before December 11, 2026.

What dividend did A. K. Capital declare?

A. K. Capital declared a second interim dividend of Rs 18 per fully paid equity share, equal to 180% of the Rs 10 face value, for financial year 2026-27. The board approved the distribution at its November 12, 2026 meeting, which began at 5.55 p.m. and concluded at 6.35 p.m.

The filing does not state a total dividend outgo. However, A. K. Capital reported paid-up equity share capital of Rs 6.60 crore at a Rs 10 face value per share as of September 30, 2026, implying 66 lakh equity shares. Multiplying 66 lakh shares by Rs 18 produces a calculated payout of Rs 11.88 crore.

The Rs 18-per-share amount is an interim dividend rather than a final dividend. It is specifically described as the second interim dividend for financial year 2026-27, while the November 12 filing does not disclose the amount or declaration date of any earlier interim dividend in that financial year.

When must shareholders hold A. K. Capital shares?

A. K. Capital fixed November 18, 2026 as the record date for determining the equity shareholders entitled to receive the second interim dividend. The record-date mechanism identifies shareholders eligible for the Rs 18-per-share distribution under the company’s stated timetable.

A. K. Capital said it will pay the interim dividend on or before December 11, 2026. That deadline is 23 days after the November 18, 2026 record date, although the company may make the payment before that date.

The announcement describes the Rs 18 payment as applicable to fully paid-up equity shares with a Rs 10 face value. It does not provide an ex-dividend date, payment method, tax treatment or shareholder-wise entitlement schedule, so those details cannot be determined from the November 12, 2026 filing.

How does the dividend compare with A. K. Capital earnings?

A. K. Capital reported standalone profit of Rs 17.80 crore for the quarter ended September 30, 2026, compared with Rs 8.01 crore in the quarter ended June 30, 2026 and Rs 19.94 crore in the quarter ended September 30, 2025. The calculated Rs 11.88 crore dividend payout is below September-quarter standalone profit, although A. K. Capital did not say that quarterly earnings were the source of the distribution.

For the half year ended September 30, 2026, standalone profit was Rs 25.81 crore, down from Rs 27.77 crore in the corresponding half year ended September 30, 2025. First-half profit declined year on year even as the September 2026 quarter improved from the Rs 8.01 crore reported in the June 2026 quarter.

A. K. Capital’s total standalone income was Rs 37.24 crore in the September 2026 quarter, up from Rs 28.99 crore in June 2026 but below Rs 66.24 crore a year earlier. Basic earnings per share were Rs 26.97, placing the declared Rs 18 dividend Rs 8.97 below reported standalone basic earnings per share for the quarter; this is a numerical comparison rather than a stated payout ratio.

What changed in A. K. Capital’s September-quarter results?

A. K. Capital’s standalone revenue from operations rose to Rs 36.55 crore in the September 2026 quarter from Rs 27.84 crore in the June 2026 quarter, while falling from Rs 65.51 crore in the September 2025 quarter. Net gain on fair-value changes was Rs 5.67 crore, compared with Rs 2.14 crore sequentially and a Rs 7.93 crore net loss a year earlier.

Dividend income was Rs 10.05 crore in the September 2026 quarter, versus Rs 3.01 crore in June 2026 and Rs 9.59 crore in September 2025. Interest income moved in the other direction, declining to Rs 7.05 crore from Rs 9.74 crore sequentially and Rs 14.27 crore year on year.

Total expenses declined to Rs 17.03 crore in September 2026 from Rs 19.31 crore in June 2026 and Rs 41.15 crore a year earlier. The September 2025 quarter included Rs 4.50 crore of impairment of financial instruments, whereas A. K. Capital reported no such impairment charge in either of the first two quarters of financial year 2026-27.

What does A. K. Capital’s balance sheet show before payment?

A. K. Capital reported standalone cash and cash equivalents of Rs 5.44 crore as of September 30, 2026, compared with Rs 2.14 crore on March 31, 2026. Bank balances other than cash equivalents were Rs 46.79 lakh at September-end, compared with Rs 44.91 lakh at the prior financial year-end.

Standalone total financial assets were Rs 943.24 crore on September 30, 2026, down from Rs 997.72 crore on March 31, 2026. Investments fell to Rs 542.46 crore from Rs 728.29 crore, while other financial assets increased to Rs 393.11 crore from Rs 266.25 crore over the same period.

Total financial liabilities decreased to Rs 454.28 crore from Rs 512.23 crore between March 31 and September 30, 2026. Borrowings other than debt securities fell to Rs 332.28 crore from Rs 392.22 crore, while debt securities increased to Rs 115.86 crore from Rs 112.04 crore.

Conclusion

A. K. Capital’s Rs 18-per-share second interim dividend represents 180% of its Rs 10 face value and has a calculated Rs 11.88 crore payout based on 66 lakh shares implied by its Rs 6.60 crore paid-up capital. The declaration followed standalone September-quarter profit of Rs 17.80 crore, with total income rising sequentially but remaining below the year-earlier quarter.

The next disclosed dates are November 18, 2026 for determining eligible shareholders and December 11, 2026 as the latest payment date. A. K. Capital also approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, for which PYS & Co. LLP issued an unmodified limited review report on November 12, 2026.