Gujarat Pipavav Port declares Rs 3 interim dividend for FY27

Gujarat Pipavav Port Limited approved a Rs 3-per-share interim dividend for FY 2026-27, implying a Rs 145.032 crore gross payout from 48.344 crore equity shares, with 12 November 2026 set as the record date and payment likely by 25 November 2026. The board approved the decision on 4 November 2026.

What interim dividend did Gujarat Pipavav Port approve?

Gujarat Pipavav Port approved an interim dividend of Rs 3 per equity share for FY 2026-27, subject to applicable taxes. Its board meeting on Wednesday, 4 November 2026, started at 2.30 PM and ended at 4.10 PM, and also approved unaudited standalone and consolidated results for the quarter and six months ended 30 September 2026.

The announcement did not state a total dividend outgo. However, the standalone balance sheet reported paid-up equity share capital of Rs 483.440 crore at 30 September 2026, and the results specify a Rs 10 face value per share. That capital represents 48.344 crore shares, so the Rs 3 declared rate implies a gross payout of Rs 145.032 crore before applicable taxes.

The payment is an interim dividend for FY 2026-27, rather than a final dividend tied to the year ended 31 March 2027. Gujarat Pipavav Port made the disclosure under Regulation 30 and Regulation 42(2) of the Securities and Exchange Board of India listing regulations, while the financial statements were accompanied by unmodified limited review reports.

Who can receive Gujarat Pipavav Port's interim dividend and when?

Gujarat Pipavav Port set Thursday, 12 November 2026 as the record date to determine members eligible for the Rs 3-per-share payment. The relevant eligibility date is therefore 12 November 2026, not the 4 November 2026 board-meeting date or the anticipated payment date.

Gujarat Pipavav Port said the dividend is likely to be paid to eligible members by Wednesday, 25 November 2026. The company used the word “likely” for the payment date and said the distribution is subject to applicable taxes, so the filing does not specify a net amount for individual holders.

At the declared rate, 100 eligible shares would result in a gross dividend of Rs 300, while 1,000 eligible shares would result in Rs 3,000. These amounts apply the announced Rs 3 rate and do not include any shareholder-specific tax treatment.

How did Gujarat Pipavav Port perform in the September 2026 quarter?

Gujarat Pipavav Port reported standalone revenue from operations of Rs 339.152 crore for the three months ended 30 September 2026, compared with Rs 299.149 crore in the corresponding quarter a year earlier. Total income increased to Rs 360.292 crore from Rs 323.356 crore, even as other income declined to Rs 21.140 crore from Rs 24.207 crore.

Standalone net profit was Rs 150.102 crore for the September 2026 quarter, down from Rs 158.306 crore in the September 2025 quarter. The year-earlier quarter included a Rs 43.135 crore exceptional gain, whereas Gujarat Pipavav Port reported no exceptional item in the latest quarter; profit before exceptional items and tax rose to Rs 200.815 crore from Rs 168.730 crore.

Sequentially, revenue from operations increased from Rs 331.767 crore in the three months ended 30 June 2026, while net profit increased from Rs 146.877 crore. Basic earnings per share, or EPS, was Rs 3.10 in the September 2026 quarter, compared with Rs 3.04 in the preceding quarter and Rs 3.27 in the September 2025 quarter; quarterly EPS is not annualised.

What changed in Gujarat Pipavav Port's half-year finances and balance sheet?

Gujarat Pipavav Port recorded standalone revenue from operations of Rs 670.919 crore for the six months ended 30 September 2026, up from Rs 549.278 crore in the prior-year period. Total income rose to Rs 707.512 crore from Rs 594.588 crore, while net profit increased to Rs 296.979 crore from Rs 259.033 crore; the prior-year six-month period included the Rs 43.135 crore exceptional gain.

Total standalone assets were Rs 2,851.008 crore at 30 September 2026, compared with Rs 2,751.577 crore at 31 March 2026. Capital work in progress increased to Rs 358.841 crore from Rs 285.891 crore, while bank balances other than cash and cash equivalents rose to Rs 929.046 crore from Rs 666.617 crore.

Trade receivables increased to Rs 80.851 crore at 30 September 2026 from Rs 44.322 crore at 31 March 2026. Total equity rose to Rs 2,208.870 crore from Rs 2,155.228 crore, while total liabilities increased to Rs 642.138 crore from Rs 596.349 crore; the statutory auditors dated their unmodified limited review reports 4 November 2026.

Conclusion

Gujarat Pipavav Port's Rs 3 interim dividend equates to an implied Rs 145.032 crore gross distribution using its Rs 483.440 crore paid-up share capital and Rs 10 face value. The decision follows a six-month period in which standalone revenue rose by Rs 121.641 crore year on year to Rs 670.919 crore, while reported net profit rose by Rs 37.946 crore to Rs 296.979 crore.

The next disclosed dates are the 12 November 2026 record date and the expected payment date of 25 November 2026. The filing does not set a capital-expenditure target or dividend policy, but capital work in progress stood at Rs 358.841 crore on 30 September 2026, compared with Rs 285.891 crore on 31 March 2026.