India Glycols announces Rs 7.5/share dividend. Check smallcap's record date, dividend yield

India Glycols' board on Tuesday announced an interim dividend of Rs 7.5 per equity share for the financial year 2025-25 and has fixed Monday, March 23, as the record date for determining shareholders eligible to receive the dividend. The dividend is to be paid within 30 days from the date of declaration.

India Glycols has declared 23 dividends since September 11, 2002, according to Trendlyne data. In the past 12 months, the company has declared an equity dividend amounting to Rs 5 per share. At the current share price, its dividend yield is 0.59%.

India Glycols is a specialty chemicals company whose products are used in paints, textiles, pharma, oil & gas, personal care, and packaging industries.

While the stock has fallen 20% in the past three months amid weak market sentiments and lacklustre performance by smallcap stocks, its one-year returns stand at around 60% compared to Nifty's 5% returns and 3% by the BSE Sensex.

India Glycols is a smallcap stock with a market capitalisation of Rs 5,736 crore on the NSE.

Following the recent correction, its stock has slipped below its 50-day and 200-day simple moving averages (SMAs) of Rs 913 and Rs 945, respectively, the Trendlyne data suggested. Its fall has been sharper than the benchmark indices over a three-month period.

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The company's consolidated net profit for the December-ended quarter stood at Rs 68 crore, recording a growth of 19% versus a net profit of Rs 57 crore posted in the year ago period.

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Total revenue in the reported quarter stood at Rs 1,103 crore, up 12% YoY versus Rs 981 crore posted in the corresponding quarter of the last financial year.

Shares of India Glycols on Tuesday ended with a decline of 0.3% at Rs 855.75.

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