PositoAI
a positivity index
Home Explore Actions Flows Indices News Watchlist Compare PosiDemy Screeners Insights

Top 10 High Dividend Stocks in India — Top 100 List

Of the 2,393 companies in India on PositoAI, 1,327 pay a dividend. First on the list is IL&FS Investment Managers Limited (15.23%). The median among them is 0.63%. None of the top 10 has an active red or yellow flag.

Positivity ScoreHigh dividendDebt freeLow debtLow PEBelow book valueHigh ROEHigh ROE + low PENo red flagsNo red or yellow flagsFundamentally strongNear 52-week lowNear 52-week highHigh score near 52-week lowHigh score near 52-week high
#Company Score Market Cap
(INR Cr)		 P/E P/B Owes vs
Owns		 ROE Div
Yield		 FlagSector
1 IL&FS Investment Managers LimitedIVC 23,916 ₹236 50.3 1.24 0.13× 2.5% 15.23% — Financial Services
2 Majestic Auto LimitedMAJESAUT 25,060 ₹377 3.9 0.56 0.04× 14.5% 13.71% — Real Estate
3 Expleo Solutions LimitedEXPLEOSOL 24,394 ₹1,307 9.5 1.68 0.16× 17.7% 12.76% — Technology
4 Crizac LimitedCRIZAC 24,904 ₹2,497 11.3 4.27 0.32× 37.7% 10.57% — Consumer Defensive
5 Vedanta LimitedVEDL 25,098 ₹91,704 9.9 2.25 0.71× 18.7% 10.23% — Basic Materials
6 Altius Telecom Infrastructure TrustALTIUSINVIT 14,343 ₹52,110 41.5 4.54 0.84× 10.9% 9.32% — Real Estate
7 KSE LimitedKSE 21,814 ₹554 11.9 1.59 0.16× 13.3% 8.52% — Consumer Defensive
8 GOCL Corporation LimitedGOCLCORP 24,753 ₹1,685 6.2 0.54 0.12× 8.6% 8.39% — Basic Materials
9 Vibrant Global Capital LimitedVGCL 24,299 ₹113 4.2 0.68 0.30× 15.5% 8.00% — Financial Services
10 Alldigi Tech LimitedALLDIGI 22,152 ₹1,154 13.5 4.60 0.52× 34.0% 7.58% — Industrials

Top 20

11 Radiant Cash Management Services LimitedRADIANTCMS 24,113 ₹338 10.8 1.22 0.46× 11.3% 7.45% — Industrials
12 Hindustan Petroleum Corporation LimitedHINDPETRO 23,394 ₹72,516 43.4 1.11 0.68× 2.5% 7.44% — Energy
13 PTC India LimitedPTC 22,978 ₹4,163 8.2 0.70 0.44× 8.5% 7.43% — Utilities
14 Bharat Petroleum Corporation LimitedBPCL 23,293 ₹1,22,601 7.2 1.22 0.60× 17.1% 6.95% — Energy
15 Accelya Solutions India LimitedACCELYA 22,565 ₹1,512 15.9 6.05 0.33× 36.1% 6.59% — Technology
16 Oil and Natural Gas Corporation LimitedONGC 23,884 ₹2,83,056 6.5 0.76 0.48× 11.7% 6.55% — Energy
17 Coal India LimitedCOALINDIA 23,182 ₹2,48,080 8.0 2.08 0.58× 26.2% 6.44% — Energy
18 Castrol India LimitedCASTROLIND 18,028 ₹19,523 18.4 10.23 0.51× 57.0% 6.42% — Energy
19 D-Link (India) LimitedDLINKINDIA 22,958 ₹1,418 13.2 2.81 0.38× 21.2% 6.29% — Technology
20 Chemcon Speciality Chemicals LimitedCHEMCON 24,259 ₹740 26.3 1.53 0.15× 5.8% 6.13% — Basic Materials

Top 50

21 ITC LimitedITC 20,678 ₹3,24,415 16.3 4.47 0.22× 27.4% 6.02% — Consumer Defensive
22 MOIL LimitedMOIL 24,909 ₹4,491 14.8 1.66 0.15× 11.2% 6.01% — Basic Materials
23 Gujarat Pipavav Port LimitedGPPL 22,088 ₹7,769 13.9 3.25 0.21× 23.7% 5.96% — Industrials
24 VST Industries LimitedVSTIND 22,637 ₹3,374 12.1 2.33 0.28× 19.3% 5.96% — Consumer Defensive
25 Gujarat Intrux LimitedGUJINTRX 22,721 ₹147 14.1 2.25 0.09× 16.2% 5.86% — Basic Materials
26 R Systems International LimitedRSYSTEMS 23,498 ₹3,002 16.3 2.73 0.39× 17.3% 5.83% — Technology
27 Ksolves India LimitedKSOLVES 14,876 ₹577 15.6 19.66 0.53× 126.2% 5.78% — Technology
28 HeidelbergCement India LimitedHEIDELBERG 24,751 ₹2,786 23.9 2.03 0.44× 8.5% 5.63% — Basic Materials
29 Bata India LimitedBATAINDIA 21,855 ₹8,180 56.0 5.13 0.58× 9.2% 5.54% — Consumer Cyclical
30 RITES LimitedRITES 23,330 ₹9,424 22.6 3.51 0.53× 15.6% 5.54% — Industrials
31 Balmer Lawrie & Co. Ltd.BALMLAWRIE 21,553 ₹2,609 9.3 1.26 0.38× 13.5% 5.41% — Industrials
32 Aptech LimitedAPTECHT 23,724 ₹470 19.2 1.89 0.42× 9.8% 5.30% — Consumer Defensive
33 HCL Technologies LimitedHCLTECH 21,190 ₹3,84,678 22.1 5.12 0.35× 24.1% 4.93% ⚑ Technology
34 Wipro LimitedWIPRO 23,912 ₹1,88,380 15.1 2.43 0.41× 16.1% 4.92% — Technology
35 Steel City Securities LimitedSTEELCITY 24,657 ₹117 6.9 0.85 0.42× 12.4% 4.91% — Financial Services
36 Infosys LimitedINFY 20,568 ₹4,67,146 15.7 5.07 0.41× 32.0% 4.89% — Technology
37 Nirlon LimitedNIRLON 15,435 ₹5,654 15.8 12.07 0.79× 76.2% 4.79% — Real Estate
38 Power Finance Corporation LimitedPFC 19,130 ₹1,07,880 4.1 0.75 0.85× 18.2% 4.76% — Financial Services
39 Gulf Oil Lubricants India LimitedGULFOILLUB 22,571 ₹5,172 13.9 3.37 0.47× 24.2% 4.73% — Basic Materials
40 UTI Asset Management Company LimitedUTIAMC 21,585 ₹10,940 23.8 2.43 0.11× 10.2% 4.61% — Financial Services
41 Abirami Financial Services (India) LimitedABIRAFN 24,510 ₹17 37.0 0.92 0.03× 2.5% 4.58% — Financial Services
42 REC LimitedRECLTD 17,682 ₹79,286 5.0 0.93 0.87× 19.0% 4.53% — Financial Services
43 CESC LimitedCESC 22,565 ₹17,227 11.1 1.37 0.72× 12.4% 4.50% — Utilities
44 Vedanta Aluminium Metal LimitedVAML -937,329,469 ₹1,40,315 36.6 -1874627.00 4.90× — 4.50% — Basic Materials
45 Saraswati Saree Depot LimitedSSDL 24,947 ₹237 10.0 1.22 0.32× 12.6% 4.49% — Consumer Cyclical
46 Bayer CropScience LimitedBAYERCROP 22,792 ₹15,503 21.2 5.23 0.48× 24.7% 4.30% — Basic Materials
47 General Insurance Corporation of IndiaGICRE 24,887 ₹56,079 6.3 0.76 0.66× 9.1% 4.24% — Financial Services
48 BMW Ventures LimitedBMWVENTLTD 23,220 ₹575 12.6 1.30 0.41× 10.4% 4.20% — Basic Materials
49 Sanofi India LimitedSANOFI 21,541 ₹6,520 20.1 7.89 0.41× 40.3% 4.18% — Healthcare
50 Chennai Petroleum Corporation LimitedCHENNPETRO 23,202 ₹21,647 5.2 1.95 0.45× 37.6% 4.17% — Energy

Top 100

51 D. B. Corp LimitedDBCORP 25,557 ₹2,742 7.8 1.13 0.24× 14.5% 4.05% — Communication Services
52 Sri KPR Industries LimitedSRIKPRIND 24,778 — 7.6 0.39 0.09× 5.3% 4.00% — Industrials
53 Gujarat Energy LimitedGUJENERGY 24,363 ₹20,465 9.8 1.11 0.32× 11.4% 3.98% — Utilities
54 NTPC LimitedNTPC 22,377 ₹2,93,421 10.6 1.44 0.62× 13.7% 3.96% — Utilities
55 Gateway Distriparks LimitedGATEWAY 22,962 ₹2,363 9.7 1.03 0.28× 10.6% 3.92% — Industrials
56 Goodyear India LimitedGOODYEAR 23,750 ₹1,556 28.9 2.57 0.52× 8.9% 3.92% — Consumer Cyclical
57 Monte Carlo Fashions LimitedMONTECARLO 24,737 ₹1,055 10.1 1.17 0.53× 11.6% 3.91% — Consumer Cyclical
58 Indian Energy Exchange LimitedIEX 19,340 ₹9,248 18.2 6.78 0.44× 37.4% 3.82% — Financial Services
59 Oracle Financial Services Software LimitedOFSS 19,464 ₹85,734 25.2 10.95 0.21× 49.9% 3.81% — Technology
60 Advani Hotels & Resorts (India) LimitedADVANIHOTR 24,008 ₹431 18.8 0.84 0.05× 4.4% 3.79% — Consumer Cyclical
61 Hero MotoCorp LimitedHEROMOTOCO 20,947 ₹1,02,632 18.8 4.75 0.35× 25.2% 3.78% — Consumer Cyclical
62 Cravatex LimitedCRAVATEX 24,593 ₹85 9.9 0.71 0.18× 7.2% 3.76% — Consumer Cyclical
63 Housing and Urban Development Corporation LimitedHUDCO 18,770 ₹30,382 7.1 1.38 0.87× 19.4% 3.76% — Financial Services
64 The Great Eastern Shipping Company LimitedGESHIP 22,281 ₹21,349 5.8 1.26 0.13× 22.0% 3.76% — Industrials
65 Gloster LimitedGLOSTERLTD 24,168 ₹586 45.8 0.54 0.57× 1.2% 3.74% — Consumer Cyclical
66 Munjal Showa LimitedMUNJALSHOW 24,266 ₹467 18.8 0.69 0.22× 3.7% 3.71% — Consumer Cyclical
67 Indus Towers LimitedINDUSTOWER 22,337 ₹1,00,701 14.1 2.43 0.44× 18.9% 3.68% — Communication Services
68 SIS LimitedSIS 23,148 ₹5,278 36.2 2.07 0.67× 5.8% 3.68% — Industrials
69 Repco Home Finance LimitedREPCOHOME 20,783 ₹1,959 4.1 0.48 0.75× 11.9% 3.64% — Financial Services
70 GTPL Hathway LimitedGTPL 25,747 ₹614 81.5 0.54 0.61× 0.7% 3.61% — Communication Services
71 Power Grid Corporation of India LimitedPOWERGRID 21,559 ₹2,31,026 14.5 2.30 0.66× 15.8% 3.61% — Utilities
72 Bank of Baroda LimitedBANKBARODA 23,621 ₹1,22,261 6.7 0.73 0.92× 11.3% 3.60% — Financial Services
73 Gujarat Narmada Valley Fertilizers & Chemicals LimitedGNFC 23,197 ₹7,539 7.3 0.83 0.20× 11.4% 3.54% — Basic Materials
74 Vardhman Acrylics LimitedVARDHACRLC 24,052 ₹334 4.1 1.32 0.26× 32.1% 3.52% — Consumer Cyclical
75 Canara BankCANBK 23,332 ₹1,09,700 5.5 0.89 0.94× 16.9% 3.51% — Financial Services
76 Rashtriya Chemicals and Fertilizers LimitedRCF 24,551 ₹5,385 12.1 1.05 0.69× 8.7% 3.50% — Basic Materials
77 GIC Housing Finance LimitedGICHSGFIN 19,759 ₹682 4.3 0.32 0.81× 7.5% 3.48% — Financial Services
78 Bank of IndiaBANKINDIA 23,586 ₹62,007 5.3 0.68 0.92× 13.7% 3.46% — Financial Services
79 Mahanagar Gas LimitedMGL 22,521 ₹10,216 14.3 1.59 0.28× 11.1% 3.45% — Utilities
80 GPT Infraprojects LimitedGPTINFRA 23,228 ₹1,451 14.7 2.41 0.57× 16.3% 3.43% — Industrials
81 Petronet LNG LimitedPETRONET 22,459 ₹43,560 10.3 1.95 0.19× 18.9% 3.43% — Energy
82 Gujarat State Fertilizers & Chemicals LimitedGSFC 23,839 ₹5,467 7.9 0.45 0.15× 5.7% 3.39% — Basic Materials
83 Federal-Mogul Goetze (India) LimitedFMGOETZE 24,694 ₹2,451 14.4 1.71 0.25× 11.9% 3.38% — Consumer Cyclical
84 Tech Mahindra LimitedTECHM 19,626 ₹1,62,044 31.6 5.47 0.39× 17.3% 3.37% — Technology
85 Naperol Investments LimitedNAPEROL 25,894 ₹311 28.8 0.34 0.00× 1.2% 3.36% — Basic Materials
86 Xchanging Solutions LimitedXCHANGING 25,239 ₹635 10.4 1.60 0.24× 15.3% 3.33% — Technology
87 Central Bank of IndiaCENTRALBK 24,765 ₹27,163 6.0 0.66 0.93× 11.6% 3.32% — Financial Services
88 Procter & Gamble Hygiene and Health Care LimitedPGHH 11,706 ₹22,073 27.9 29.30 0.58× 105.0% 3.31% — Consumer Defensive
89 GAIL (India) LimitedGAIL 22,652 ₹1,10,783 11.2 1.24 0.36× 11.1% 3.30% — Utilities
90 Sonata Software LimitedSONATSOFTW 21,998 ₹6,636 14.3 3.48 0.63× 24.3% 3.30% — Technology
91 Ganesh Consumer Products LimitedGANESHCP 24,941 ₹650 14.3 1.76 0.18× 12.2% 3.29% — Consumer Defensive
92 Kuantum Papers LimitedKUANTUM 24,776 ₹596 16.5 0.49 0.49× 2.9% 3.29% — Basic Materials
93 Southern Petrochemical Industries Corporation LimitedSPIC 24,189 ₹1,149 5.6 0.84 0.45× 15.0% 3.27% — Basic Materials
94 La Opala RG LimitedLAOPALA 24,590 ₹1,606 17.2 1.96 0.08× 11.3% 3.23% — Consumer Cyclical
95 Rubfila International LimitedRUBFILA 24,719 ₹293 11.1 0.93 0.17× 8.4% 3.23% — Basic Materials
96 Standard Industries LimitedSIL 22,243 ₹115 1.9 1.01 0.40× 53.8% 3.22% — Consumer Cyclical
97 Chambal Fertilisers and Chemicals LimitedCHAMBLFERT 23,881 ₹14,990 7.8 1.44 0.28× 18.5% 3.21% — Basic Materials
98 Bhansali Engineering Polymers LimitedBEPL 22,987 ₹2,770 13.8 2.56 0.16× 18.5% 3.20% — Basic Materials
99 Sun TV Network LimitedSUNTV 23,587 ₹23,656 15.5 1.87 0.09× 12.1% 3.15% — Communication Services
100 Zensar Technologies LimitedZENSARTECH 23,674 ₹11,375 14.9 2.41 0.22× 16.3% 3.13% — Technology

High dividend in other groups · India

All of IndiaLarge CapMid CapSmall CapSenty (Sensex + Nifty 50)Nifty 50SensexNano CapMicro CapMini CapMeso CapTito Cap

High dividend in other countries

United StatesUnited KingdomChina

Questions

Which companies in India have the highest dividend yield?

The first five on PositoAI's list are IL&FS Investment Managers Limited (15.23%), Majestic Auto Limited (13.71%), Expleo Solutions Limited (12.76%), Crizac Limited (10.57%), Vedanta Limited (10.23%).

How many companies in India pay a dividend?

1,327 of the 2,393 companies in India on PositoAI pay a dividend; this page shows the top 100.

How is this list made?

Companies that pay a dividend, ordered by dividend yield (yearly dividends as a percentage of the share price). The list is updated every day from PositoAI's data.

Companies that pay a dividend, ordered by dividend yield (yearly dividends as a percentage of the share price). Score is the Positivity Score; Owes vs Owns is everything a company owes compared with everything it owns (what each figure means); ⚑ marks an active red or yellow flag. All top lists for India. PositoAI is for research and education only and is not investment advice.

Disclaimer — PositoAI is a research and screening tool for educational and informational purposes. It is not investment advice or a recommendation to buy or sell any security or mutual fund. Scores and rankings are calculated by PositoAI's own method using publicly available data, which may be incomplete, delayed or inaccurate, and past performance does not indicate future results. AI summaries of company news may contain errors. PositoAI is not registered with the SEC, SEBI or any other regulatory authority. Please do your own research or consult a licensed financial advisor before investing.