Nilkamal dividend 2025: ₹20 final payout details

Board recommends ₹20 per share for FY2024-25

Nilkamal Limited’s Board of Directors has recommended a final dividend of ₹20 per equity share (200%) on a face value of ₹10 for the financial year 2024-25. The recommendation is tied to the company’s audited financial statements for the year ended March 31, 2025. The dividend is proposed as a “final dividend”, meaning it requires shareholder approval at the company’s Annual General Meeting (AGM) before it becomes payable.

The company has stated that the proposed dividend will be paid out of profits for the year. It also said the recommendation follows parameters laid down in its Dividend Distribution Policy. The policy linkage mentioned is to long-term growth objectives that are to be met through internal cash accruals.

AGM approval and shareholder eligibility

The proposed final dividend will be placed before the 39th Annual General Meeting. If shareholders approve the payout at the AGM, the dividend will be paid to eligible members as per the company’s register of members. Nilkamal has specified that eligibility will be determined based on names appearing in the register as of the end of the day on July 11, 2025.

The company has also clarified that the dividend payment will be subject to deduction of income tax at source (TDS), as applicable. This is standard for equity dividend payments under prevailing tax rules, and investors typically see net credits in their linked bank accounts after TDS.

Record date and ex-dividend date: July 11, 2025

The data provided lists July 11, 2025 as the ex-dividend date for the ₹20 final dividend, and also as the record date. In the dividend table, the announcement date is shown as May 14, 2025 and the ex-dividend date as July 11, 2025, with dividend type marked as “Final”.

Market participants usually track the ex-dividend date closely because shares typically trade without the dividend entitlement from that date onward. The record date is the cut-off used by the company to determine which shareholders are eligible to receive the dividend.

Total dividend outflow: ₹2,984.51 lakh

Nilkamal has disclosed that the total outflow on account of the proposed final dividend will be ₹2,984.51 lakh. This figure reflects the aggregate cash payout the company expects to distribute if the dividend is approved.

Because dividend outflow depends on eligible shares outstanding, such disclosures help investors assess how material the payout is relative to the company’s overall cash flows and profit distribution choices, without relying solely on a per-share figure.

Dividend timeline and recent history

Nilkamal’s disclosed history shows consistent final dividend payments in recent years, including ₹20 per share in June 2023 and July 2024, followed by the proposed ₹20 per share in July 2025. Earlier years show lower payouts, such as ₹15 in FY2021-22 and ₹10 in FY2020-21, along with an interim dividend of ₹5 in FY2020-21.

The company’s dividend history summary also states that Nilkamal Ltd. has declared 31 dividends since August 22, 2003. Over the past 12 months, it has declared an equity dividend amounting to ₹20.00 per share.

Key dividend details at a glance

How long can dividend credit take?

The provided information notes that the credit of Nilkamal’s dividend to a bank account linked to a demat account generally takes place within 25 to 45 days after the record date. This timeline can vary depending on processes followed by the company, registrars, and depository participants.

Investors tracking the payout should therefore align expectations around the record date, the AGM approval status, and the typical 25 to 45 day credit window mentioned.

Dividend yield and payout ratios cited in the data

At a stated current share price of ₹1,566.40, Nilkamal Ltd.’s dividend yield is cited as 1.28% for the ₹20 per share dividend. Another table also lists a “Dividend Yeild” (as spelled in the source) of 1.12% for the May 14, 2025 declaration with an LTP of ₹1,778.7. Separately, another data point shows a dividend yield of 1.16%.

On payout discipline, the data also states Nilkamal’s latest dividend payout ratio is 28.04%, and the 3-year average dividend payout ratio is 24.91%. These ratios are often used to gauge how much of earnings is being distributed versus retained.

Recent dividend track record (selected years)

Why this announcement matters for shareholders

For income-focused shareholders, a repeat ₹20 per share final dividend keeps Nilkamal’s recent payout level steady across multiple financial years. For market tracking, the alignment of the record date and ex-dividend date on July 11, 2025 provides a clear timetable for eligibility.

The company’s statement that the dividend is linked to its Dividend Distribution Policy and long-term growth objectives, while being funded through profits for the year, frames the decision as part of a broader capital allocation approach. The next key checkpoint for shareholders is the 39th AGM, where the dividend will be placed for approval.