Godfrey Phillips India Limited (GODFRYPHLP) — Corporate Action

📢 Key Event
Godfrey Phillips India declares Rs 33 final dividend per share for FY2026, subject to AGM approval.

🔄 What Changed
Final dividend of Rs 33 per share proposed; retail business exited and classified as discontinued operations.

🔮 What's Next
Payment of dividend within 30 days of AGM, contingent on shareholder approval.

💡 Investor Takeaway
Shareholders receive a high-yield dividend, but must await AGM approval before payment.

Godfrey Phillips India announced a final dividend of Rs 33 per share (1650% yield on Rs 2 face value) for FY2026, subject to shareholder approval at the upcoming AGM, with payment within 30 days of the meeting. The Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, showing total revenue of Rs 358,763 lakhs and profit after tax of Rs 48,445 lakhs. The company exited its 24Seven retail business, classified as discontinued operations, while core cigarette and tobacco segment revenue reached Rs 346,181 lakhs. Cash flow from operations was Rs 51,167 lakhs, though financing activities used Rs 61,859 lakhs. The audit received an unmodified opinion from S.R. Batliboi & Co. LLP, and the results were endorsed by the Board on May 15, 2026.

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