The Hexaware dividend for 2026 has a second instalment. In a filing late on October 20, 2026, Hexaware Technologies said its board had declared a second interim dividend of ₹9.50 a share, passed by circular resolution that day. That is 950% of the ₹1 face value. The record date is Monday, October 26, and the money is due to be paid on November 7, 2026.
In this article
What the Hexaware dividend filing says
None of this came out of the blue. On October 15 the company had told the exchanges that the board would consider a second interim dividend for financial year 2026 through a circular resolution sent to directors on October 20. The October 20 intimation confirms the outcome:
- Amount: ₹9.50 per equity share of ₹1 each, the second interim payout for financial year 2026.
- Record date: October 26, 2026, which decides who is on the list of eligible shareholders.
- Payment date: November 7, 2026.
One detail that trips people up: Hexaware’s financial year follows the calendar, January to December. Its latest results cover the period from January 1 to June 30, 2026, so “financial year 2026” here means calendar 2026, not April to March.
How it stacks up against the first payout and last year
The first interim dividend this year was ₹8.50 a share, declared on April 27, 2026, according to the June-quarter results filing, with a May 5 record date set in a separate April 27 intimation. Add the new ₹9.50 and shareholders have been promised ₹18 a share for 2026 so far (our sum of the two declared amounts). The same filing shows interim dividends of ₹11.50 a share for the whole of the year ended December 31, 2025, and ₹5.75 in the first half of 2025.
The cash cost is visible too. Hexaware’s consolidated cash flow statement shows dividends paid of ₹5,181 million (about ₹518 crore) in the six months to June 30, 2026, against ₹3,494 million in the same half of 2025.
The business behind the payout
For the April-June 2026 quarter, consolidated revenue from operations was ₹38,452 million, up about 17.9% from ₹32,607 million a year earlier. Profit for the period moved the other way: ₹3,302 million, down about 13% from ₹3,797 million and roughly 6% below the ₹3,516 million of the March quarter. Those percentage changes are our calculations from the reported figures. So the board is raising the payout even as quarterly profit has slipped, which says something about how much cash it is comfortable returning.
Two more dates matter. The company’s trading window for insiders has been shut since October 1 until 48 hours after the September-quarter results, and the board meeting date for those results is yet to be announced. Separately, Vivek Jetley takes over as chief executive on October 28, 2026, with Srikrishna Ramakarthikeyan stepping down and moving to a Senior Advisor role, as per the company’s September 2 disclosure.
What it means for shareholders
If you want the ₹9.50, your name has to be in the company’s records on October 26. Check with your broker how settlement timing works for that date rather than buying at the last minute and hoping. Remember that the share price typically adjusts for the payout once the stock goes ex-dividend, so this is income, not a free gain.
If the “950%” figure looks dramatic, it is only because the face value is ₹1; our explainer on face value of shares walks through why. For a way to judge whether a payout is backed by earnings, see our guide on how to analyse quarterly results. Next up for Hexaware: the September-quarter numbers, once the board date is out.
Disclaimer: This article is for information and education only and is not investment advice. Please consult a SEBI-registered adviser before making investment decisions.
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