Engineers India board to meet on February 26 to consider dividend. Check record date, dividend yield – News Air Insight

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State-run Engineers India Limited’s (EIL) board of directors will meet on Thursday, February 26, to consider the second interim dividend for the financial year 2025-26. It has fixed Friday, March 6 as the record date to determine the eligibility of shareholders who will receive the dividend.

The announcement was made after market hours and EIL shares today ended 5% lower at Rs 215.25 on the BSE amid profit booking following a 19% rally in the past two trading sessions. On Monday, the stock closed with 6% gains.

The PSU company reported an over 3-fold on-year jump in net profit to Rs 302 crore for the third quarter ended December 31, 2025, driven by strong execution and higher revenues. The net profit of Rs 301.73 crore in October-December — the third quarter of the current 2025-26 financial year — compared to Rs 88.1 crore earnings in the same period of the previous fiscal, the company said in a statement.

In an investor presentation, EIL said while pre-tax earnings from the consultancy business were largely unchanged at Rs 104.3 crore, those from executing turnkey contracts surged to Rs 273.68 crore in Q3 from Rs 18.92 crore a year back.

Turnover rose 59% to Rs 1,194 crore as revenue from the turnkey business doubled.


For the nine months ended December 31, 2025, net profit more than doubled to Rs 487 crore, while revenue from operations increased 45% to Rs 2,951 crore.

Dividend history for EILAccording to Trendlyne data, Engineers India has declared 44 dividends since September 12, 2003. In the past 12 months, it has declared an equity dividend amounting to Rs 3 per share and at the current share price of Rs 215.25, its dividend yield is 1.39%.

The stock has been a market outperformer with 34% returns over a 1-year period. In the past three years, its prices have jumped nearly 180%.

The stock witnessed a bulk deal on Monday, where BofA Securities bought nearly 46 lakh shares of the PSU major for around Rs 100 crore.

EIL, a leading Indian public sector engineering consultancy & technology licensing company had a bought these shares through its affiliate BofA Securities Europe SA. The shares were bought at a price of Rs 217.06 apiece, which was an 8% premium over the Friday closing price of Rs 201.67.

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)



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