Sona BLW final dividend: Rs 1.80 for FY26 AGM

AGM set for July 15 via video conference

Sona BLW Precision Forgings Limited has scheduled its 30th Annual General Meeting (AGM) for Wednesday, July 15, 2026, at 12:00 noon IST. The company said the meeting will be held through video conference. The key items include shareholder approval for the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026. Another central agenda item is the declaration of a final dividend for FY26. The AGM also includes proposals covering director remuneration and the ratification of cost auditor fees.

Final dividend of Rs 1.80 per share for FY26

The board has recommended a final dividend of Rs 1.80 per equity share (face value Rs 10 each) for the financial year 2025-26. If shareholders approve it at the AGM, the final dividend will be paid to eligible investors within 30 days from the date of declaration at the AGM. The record date to determine eligibility for the final dividend is Friday, June 26, 2026. Shareholders registered as members or beneficial owners on that record date will be entitled to receive the payout, subject to approval.

Total FY26 dividend rises to Rs 3.40 per share

Along with the final dividend of Rs 1.80 per share, the company noted that it had already declared an interim dividend of Rs 1.60 per share earlier. This takes the total dividend for FY26 to Rs 3.40 per share. The company also described the total dividend as representing a 34% payout on shares with a face value of Rs 10 each. Separately, market-data snapshots around the announcement period showed dividend yield figures in a range, including 0.69, 0.83% (for the Rs 1.80 dividend declared on April 30, 2026), and 0.55.

Record date, cut-off date, and e-voting window

For the final dividend, the record date has been fixed as June 26, 2026. For voting, the cut-off date to determine eligibility is Wednesday, July 8, 2026. Remote e-voting is scheduled to start on Sunday, July 12, 2026 at 9:00 a.m. IST and close on Tuesday, July 14, 2026 at 5:00 p.m. IST. The company said members can vote through the NSDL e-voting system. Those who cast their vote through remote e-voting will not be eligible to vote again during the meeting.

Ordinary and special business on the agenda

Besides dividend and financial statement adoption, shareholders will also vote on remuneration for Non-Executive Directors. The proposal caps such remuneration at 1% of net profits or Rs 7 crore annually, whichever is applicable, for five financial years starting from FY2026-27. The AGM notice also includes the ratification of remuneration for cost auditors. Jayaram & Associates has been named as the cost auditor, with proposed fees of Rs 3.75 lakh plus applicable taxes for FY27.

Key dates at a glance

FY26 performance highlights disclosed with results

Alongside the corporate actions, the company’s disclosures referenced audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with unmodified audit opinions. For Q4 FY26, revenue was reported at about Rs 1,272 crore, up 47% year-on-year. Q4 EBITDA was reported at Rs 311 crore, with an EBITDA margin of 24.4%, which the company attributed as lower by 2.7 percentage points due to factors including a base effect related to PLI income and product mix. Profit after tax (PAT) for the quarter was reported at about Rs 192 crore, up 17% year-on-year, with a PAT margin of 14.7%, described as lower by 4.1 percentage points due to lower EBITDA and finance income.

BEV revenue share and EV program footprint

The company highlighted battery electric vehicle (BEV) revenue share as a key operating metric. BEV revenue share was stated at 39% in Q4 FY26 and 35% for FY26, with 67 EV programs across 35 customers. In Q4 FY26, BEV revenue was reported at Rs 359 crore, up 22%, and described as 39% of automotive revenue in that period. In management commentary for the full year, BEV revenue was cited at Rs 1,154 crore, described as 34% of automotive revenue, and noted as lower by 6% compared to the previous year.

FY26 consolidated scale, cash generation, and acquisition context

On a full-year basis, consolidated revenue for FY26 was reported at Rs 4,449.46 crore, up from Rs 3,546.02 crore year-on-year. The company also cited FY26 EBITDA of Rs 1,107 crore, up 13%, with margin at 24.7% and lower by 2.7 percentage points compared to the earlier period. FY26 adjusted PAT was reported at Rs 670 crore, excluding a one-time Rs 30 crore labour code impact. Free cash flow from operations in FY26 was reported at Rs 290 crore, and the company said it ended FY26 with Rs 1,269 crore in cash and investments. The disclosures also noted that the acquisition of the Railway Business of Escorts Kubota Limited was completed on June 1, 2025 for Rs 1,642.63 crore, and that it was reflected in FY26 results.

Stock and market snapshot around the update

In one market update cited alongside the dividend information, Sona BLW Precision Forgings’ share price was reported to have moved up 1.45% from the previous close of Rs 605.05 to Rs 613.80. The price reference was noted as of June 19, 2026 (with timestamps in the market-data feed). The same set of updates also reiterated the company’s April 30, 2026 dividend announcement and the June 26, 2026 record date.

Why the AGM matters for shareholders

For shareholders, the AGM is the formal step required to approve the final dividend and set the payout process in motion. It is also the forum where investors vote on financial statement adoption and governance-related items such as non-executive director remuneration limits and auditor fee ratification. The company has provided a defined schedule for remote e-voting and a clear record date for dividend eligibility. Investors tracking dividend timelines will typically monitor the record date and the company’s stated timeline of paying within 30 days of shareholder approval.

Closing note

Sona BLW Precision Forgings’ July 15, 2026 AGM will decide the final dividend of Rs 1.80 per share, taking the total FY26 dividend to Rs 3.40 per share, with June 26 as the record date. Shareholders who wish to vote will need to meet the July 8 cut-off date and use the NSDL remote e-voting window between July 12 and July 14. The company has also placed director remuneration limits and cost auditor fees for FY27 on the agenda, alongside adoption of FY26 audited standalone and consolidated financial statements.