Board of Directors at its meeting held on July 22, 2026, declared Interim Dividend of Rs. 2 (i.e. 100%of the…
As filed · Gandhar Oil Refinery (India) Limited has informed the Exchange that Board of Directors at its meeting held on July 22, 2026, declared Interim Dividend of Rs. 2 (i.e. 100%of the face value of equity sh
What happened
FactGandhar Oil Refinery (India) Limited has informed the Exchange that Board of Directors at its meeting held on July 22, 2026, declared Interim Dividend of Rs. 2 (i.e. Interim Dividend: Declaration of an Interim Dividend of Rs. 2 per Equity Share of the Company (i.e.
Why it matters
CapitSignal interpretationA dividend moves cash off the balance sheet to shareholders, so it is both a return and a statement about how much cash the business does not need.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
ContradictedEBITDA margins expanded to 16.20% compared with 5.1% in Q1 FY26.
Consolidated EBITDA for the quarter stood at INR281 crores compared with INR46 crores in Q1 FY26 and INR64 crores in Q4 FY26, representing a growth of approximately 512% year-on-year and 342% quarter-on-quarter.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Record date
- Payout as a share of profit
- Historically, we've always been doing volume growth in the range of 8% to 10% to even 11%. (management committed by FY27)
- Q3 is definitely sustainable and historically, H2 has been always better than H1. (management committed by H2 FY25)
Evidence
- Outcome of Board Meeting(opens the original filing in a new tab)
- Earlier statement · Q1 FY26
- Latest statement · Q1 FY26
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- DIVIDEND base 38; +2 corroborating keywords; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%