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Top 10 High Dividend Mini Cap Stocks (₹1,000 Cr to ₹10,000 Cr) in India — Top 100 List

PosiCap · PositoAI classification

Of the 843 mini cap companies in India on PositoAI, 531 pay a dividend. First on the list is Expleo Solutions Limited (12.76%). The median among them is 0.57%. None of the top 10 has an active red or yellow flag.

Mini Cap is one of PosiCap, PositoAI's own size classes: companies with a market value ₹1,000 Cr to ₹10,000 Cr (about $106M to $1.1B). It is not the SEBI or index definition. About PosiCap

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 Expleo Solutions LimitedEXPLEOSOL 24,394 ₹1,307 9.5 1.68 0.16× 17.7% 12.76% — Technology
2 Crizac LimitedCRIZAC 24,904 ₹2,497 11.3 4.27 0.32× 37.7% 10.57% — Consumer Defensive
3 GOCL Corporation LimitedGOCLCORP 24,753 ₹1,685 6.2 0.54 0.12× 8.6% 8.39% — Basic Materials
4 Alldigi Tech LimitedALLDIGI 22,152 ₹1,154 13.5 4.60 0.52× 34.0% 7.58% — Industrials
5 PTC India LimitedPTC 22,978 ₹4,163 8.2 0.70 0.44× 8.5% 7.43% — Utilities
6 Accelya Solutions India LimitedACCELYA 22,565 ₹1,512 15.9 6.05 0.33× 36.1% 6.59% — Technology
7 D-Link (India) LimitedDLINKINDIA 22,958 ₹1,418 13.2 2.81 0.38× 21.2% 6.29% — Technology
8 MOIL LimitedMOIL 24,909 ₹4,491 14.8 1.66 0.15× 11.2% 6.01% — Basic Materials
9 Gujarat Pipavav Port LimitedGPPL 22,088 ₹7,769 13.9 3.25 0.21× 23.7% 5.96% — Industrials
10 VST Industries LimitedVSTIND 22,637 ₹3,374 12.1 2.33 0.28× 19.3% 5.96% — Consumer Defensive

Top 20

11 R Systems International LimitedRSYSTEMS 23,498 ₹3,002 16.3 2.73 0.39× 17.3% 5.83% — Technology
12 HeidelbergCement India LimitedHEIDELBERG 24,751 ₹2,786 23.9 2.03 0.44× 8.5% 5.63% — Basic Materials
13 Bata India LimitedBATAINDIA 21,855 ₹8,180 56.0 5.13 0.58× 9.2% 5.54% — Consumer Cyclical
14 RITES LimitedRITES 23,330 ₹9,424 22.6 3.51 0.53× 15.6% 5.54% — Industrials
15 Balmer Lawrie & Co. Ltd.BALMLAWRIE 21,553 ₹2,609 9.3 1.26 0.38× 13.5% 5.41% — Industrials
16 Nirlon LimitedNIRLON 15,435 ₹5,654 15.8 12.07 0.79× 76.2% 4.79% — Real Estate
17 Gulf Oil Lubricants India LimitedGULFOILLUB 22,571 ₹5,172 13.9 3.37 0.47× 24.2% 4.73% — Basic Materials
18 Sanofi India LimitedSANOFI 21,541 ₹6,520 20.1 7.89 0.41× 40.3% 4.18% — Healthcare
19 D. B. Corp LimitedDBCORP 25,557 ₹2,742 7.8 1.13 0.24× 14.5% 4.05% — Communication Services
20 Gateway Distriparks LimitedGATEWAY 22,962 ₹2,363 9.7 1.03 0.28× 10.6% 3.92% — Industrials

Top 50

21 Goodyear India LimitedGOODYEAR 23,750 ₹1,556 28.9 2.57 0.52× 8.9% 3.92% — Consumer Cyclical
22 Monte Carlo Fashions LimitedMONTECARLO 24,737 ₹1,055 10.1 1.17 0.53× 11.6% 3.91% — Consumer Cyclical
23 Indian Energy Exchange LimitedIEX 19,340 ₹9,248 18.2 6.78 0.44× 37.4% 3.82% — Financial Services
24 SIS LimitedSIS 23,148 ₹5,278 36.2 2.07 0.67× 5.8% 3.68% — Industrials
25 Repco Home Finance LimitedREPCOHOME 20,783 ₹1,959 4.1 0.48 0.75× 11.9% 3.64% — Financial Services
26 Gujarat Narmada Valley Fertilizers & Chemicals LimitedGNFC 23,197 ₹7,539 7.3 0.83 0.20× 11.4% 3.54% — Basic Materials
27 Rashtriya Chemicals and Fertilizers LimitedRCF 24,551 ₹5,385 12.1 1.05 0.69× 8.7% 3.50% — Basic Materials
28 GPT Infraprojects LimitedGPTINFRA 23,228 ₹1,451 14.7 2.41 0.57× 16.3% 3.43% — Industrials
29 Gujarat State Fertilizers & Chemicals LimitedGSFC 23,839 ₹5,467 7.9 0.45 0.15× 5.7% 3.39% — Basic Materials
30 Federal-Mogul Goetze (India) LimitedFMGOETZE 24,694 ₹2,451 14.4 1.71 0.25× 11.9% 3.38% — Consumer Cyclical
31 Sonata Software LimitedSONATSOFTW 21,998 ₹6,636 14.3 3.48 0.63× 24.3% 3.30% — Technology
32 Southern Petrochemical Industries Corporation LimitedSPIC 24,189 ₹1,149 5.6 0.84 0.45× 15.0% 3.27% — Basic Materials
33 La Opala RG LimitedLAOPALA 24,590 ₹1,606 17.2 1.96 0.08× 11.3% 3.23% — Consumer Cyclical
34 Bhansali Engineering Polymers LimitedBEPL 22,987 ₹2,770 13.8 2.56 0.16× 18.5% 3.20% — Basic Materials
35 Rane Holdings LimitedRANEHOLDIN 22,446 ₹2,050 24.3 1.78 0.63× 7.3% 3.10% — Consumer Cyclical
36 GHCL LimitedGHCL 23,353 ₹3,573 7.0 1.01 0.17× 14.1% 3.09% — Basic Materials
37 Vaibhav Global LimitedVAIBHAVGBL 23,708 ₹3,273 11.5 1.99 0.35× 17.3% 3.01% — Consumer Cyclical
38 Procter & Gamble Health LimitedPGHL 16,392 ₹8,403 23.5 16.02 0.38× 68.1% 2.98% — Healthcare
39 Swaraj Engines LimitedSWARAJENG 19,959 ₹4,134 19.4 8.46 0.37× 49.3% 2.94% — Industrials
40 Gujarat Alkalies and Chemicals LimitedGUJALKALI 23,889 ₹4,054 61.1 0.78 0.31× 1.3% 2.92% — Basic Materials
41 FDC LimitedFDC 24,052 ₹5,542 18.9 2.23 0.15× 11.8% 2.91% — Healthcare
42 Zee Entertainment Enterprises LimitedZEEL 20,732 ₹6,575 32.3 0.56 0.17× 1.7% 2.86% ⚑ Communication Services
43 PNB Gilts Ltd.PNBGILTS 10,092 ₹1,318 12.9 0.77 0.94× 6.0% 2.84% — Financial Services
44 SKF India LimitedSKFINDIA 22,312 ₹6,998 33.5 5.26 0.36× 15.7% 2.82% — Industrials
45 Banco Products (India) LimitedBANCOINDIA 22,490 ₹8,336 17.0 4.95 0.45× 29.1% 2.71% — Consumer Cyclical
46 Onward Technologies LimitedONWARDTEC 20,790 ₹1,008 24.3 3.98 0.32× 17.0% 2.61% — Technology
47 Gujarat Industries Power Company LimitedGIPCL 23,290 ₹2,440 4.9 0.64 0.59× 13.1% 2.46% — Utilities
48 Alembic LimitedALEMBICLTD 24,515 ₹2,318 7.2 0.95 0.06× 13.1% 2.42% — Real Estate
49 Tanla Platforms LimitedTANLA 21,838 ₹7,676 14.5 3.09 0.33× 21.4% 2.41% — Technology
50 Surya Roshni LimitedSURYAROSNI 24,449 ₹4,376 14.0 1.66 0.26× 11.8% 2.40% — Basic Materials

Top 100

51 Happiest Minds Technologies LimitedHAPPSTMNDS 22,564 ₹4,620 20.8 2.60 0.54× 13.3% 2.38% — Technology
52 BF Investment LimitedBFINVEST 25,515 ₹1,479 3.8 0.17 0.09× 4.6% 2.34% — Financial Services
53 CMS Info Systems LimitedCMSINFO 22,620 ₹3,265 11.5 1.34 0.25× 12.0% 2.34% — Industrials
54 MSTC LimitedMSTCLTD 22,372 ₹4,207 18.0 4.66 0.55× 25.9% 2.34% — Industrials
55 Styrenix Performance Materials LimitedSTYRENIX 22,381 ₹3,515 12.9 2.57 0.45× 20.0% 2.30% — Basic Materials
56 Fiem Industries LimitedFIEMIND 22,658 ₹4,859 18.5 4.00 0.29× 21.6% 2.29% — Consumer Cyclical
57 Sharda Motor Industries LimitedSHARDAMOTR 23,187 ₹4,792 14.4 3.65 0.41× 25.3% 2.29% — Consumer Cyclical
58 Birlasoft LimitedBSOFT 23,187 ₹8,779 15.4 2.13 0.22× 13.8% 2.28% — Technology
59 India Glycols LimitedINDIAGLYCO 26,253 ₹1,983 6.0 0.68 0.55× 11.3% 2.28% — Basic Materials
60 Siyaram Silk Mills LimitedSIYSIL 24,796 ₹2,224 9.4 1.52 0.33× 16.2% 2.22% — Consumer Cyclical
61 Can Fin Homes LimitedCANFINHOME 16,627 ₹9,525 8.3 1.59 0.87× 19.4% 2.19% — Financial Services
62 Dhampur Sugar Mills LimitedDHAMPURSUG 22,662 ₹1,154 16.5 0.96 0.50× 5.6% 2.17% — Consumer Defensive
63 Sanofi Consumer Healthcare India LimitedSANOFICONR 14,859 ₹7,514 28.3 21.60 0.51× 88.0% 2.16% — Healthcare
64 EPL LimitedEPL 21,314 ₹7,244 18.7 2.54 0.41× 13.5% 2.15% — Consumer Cyclical
65 GPT Healthcare LimitedGPTHEALTH 22,412 ₹1,095 23.2 4.07 0.42× 17.5% 2.15% — Healthcare
66 Geojit Financial Services LimitedGEOJITFSL 22,421 ₹2,008 27.7 1.67 0.39× 6.0% 2.12% — Financial Services
67 Indo Borax & Chemicals LimitedINDOBORAX 21,832 ₹1,363 24.2 3.53 0.05× 13.9% 2.10% — Basic Materials
68 Sharda Cropchem LimitedSHARDACROP 25,491 ₹5,950 9.5 1.90 0.46× 20.0% 2.07% — Basic Materials
69 Uniparts India LimitedUNIPARTS 22,691 ₹3,222 17.9 3.70 0.31× 20.7% 2.07% — Industrials
70 Automotive Axles LimitedAUTOAXLES 24,016 ₹2,376 13.6 2.16 0.28× 15.9% 2.00% — Consumer Cyclical
71 Sai Silks (Kalamandir) LimitedKALAMANDIR 26,165 ₹1,032 7.6 0.82 0.32× 10.8% 2.00% — Consumer Cyclical
72 Updater Services LimitedUDS 23,221 ₹1,422 16.4 1.35 0.36× 8.2% 2.00% — Industrials
73 Century Enka LimitedCENTENKA 22,707 ₹1,140 7.7 0.76 0.19× 9.8% 1.97% — Consumer Cyclical
74 A. K. Capital Services LimitedAKCAPIT 20,992 ₹1,141 10.0 1.09 0.74× 10.9% 1.94% — Financial Services
75 Industrial And Prudential Investment Company LimitedINDPRUD 23,788 ₹1,021 16.8 1.20 0.03× 7.2% 1.94% — Financial Services
76 Maithan Alloys LimitedMAITHANALL 25,283 ₹2,370 8.2 0.57 0.15× 7.0% 1.93% — Basic Materials
77 Route Mobile LimitedROUTE 25,699 ₹2,697 10.9 0.97 0.21× 9.0% 1.92% — Communication Services
78 IndiaMART InterMESH LimitedINDIAMART 22,665 ₹9,503 19.3 4.28 0.54× 23.1% 1.87% — Consumer Cyclical
79 Quess Corp LimitedQUESS 22,070 ₹4,712 18.7 4.04 0.62× 21.6% 1.87% — Industrials
80 Thyrocare Technologies LimitedTHYROCARE 17,929 ₹7,514 42.8 12.83 0.22× 30.0% 1.87% — Healthcare
81 Capital Small Finance Bank LimitedCAPITALSFB 21,933 ₹1,192 7.9 0.80 0.89× 10.5% 1.86% — Financial Services
82 ESAB India LimitedESABINDIA 15,562 ₹8,296 37.4 19.32 0.39× 51.7% 1.85% — Industrials
83 Jyothy Labs LimitedJYOTHYLAB 23,681 ₹6,513 22.9 4.10 0.29× 17.9% 1.85% — Consumer Defensive
84 Canara Robeco Asset Management Company LimitedCRAMC 23,113 ₹4,230 19.4 5.67 0.09× 30.2% 1.82% — Financial Services
85 Ircon International LimitedIRCON 24,332 ₹9,435 15.3 1.42 0.69× 9.3% 1.82% — Industrials
86 REDTAPE LimitedREDTAPE 21,855 ₹5,941 24.2 5.82 0.56× 24.1% 1.77% — Consumer Cyclical
87 NCC LimitedNCC 23,098 ₹7,544 10.8 0.96 0.69× 8.9% 1.76% — Industrials
88 VRL Logistics LimitedVRLLOG 21,045 ₹4,662 17.5 4.08 0.56× 23.4% 1.76% — Industrials
89 Hawkins Cookers LimitedHAWKINCOOK 19,666 ₹4,022 29.7 9.03 0.35× 30.5% 1.75% — Consumer Cyclical
90 Jamna Auto Industries LimitedJAMNAAUTO 21,447 ₹5,125 21.9 4.47 0.30× 20.3% 1.75% — Consumer Cyclical
91 National Fertilizers LimitedNFL 24,025 ₹2,887 7.9 1.02 0.76× 12.8% 1.68% — Basic Materials
92 JSW Dulux LimitedJSWDULUX 24,100 ₹1,376 0.7 0.56 0.35× 80.0% 1.66% — Basic Materials
93 Sasken Technologies LimitedSASKEN 23,076 ₹2,608 37.7 2.97 0.29× 7.0% 1.66% — Technology
94 Symphony LimitedSYMPHONY 20,578 ₹3,606 Loss 6.62 0.47× -23.3% 1.66% — Consumer Cyclical
95 India Shelter Finance Corporation LimitedINDIASHLTR 21,536 ₹6,649 12.7 2.08 0.67× 16.2% 1.65% — Financial Services
96 Maharashtra Seamless LimitedMAHSEAMLES 24,763 ₹7,226 9.8 1.05 0.11× 10.7% 1.62% — Basic Materials
97 NIIT Learning Systems LimitedNIITMTS 24,186 ₹2,599 10.4 1.69 0.50× 16.2% 1.62% — Consumer Defensive
98 ICRA LimitedICRA 22,826 ₹4,314 22.1 3.65 0.20× 16.5% 1.58% — Financial Services
99 Protean eGov Technologies LimitedPROTEAN 21,337 ₹2,461 29.8 2.28 0.27× 7.6% 1.56% — Technology
100 Birla Corporation LimitedBIRLACORPN 24,483 ₹6,040 10.9 0.82 0.49× 7.5% 1.53% — Basic Materials

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

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Questions

Which mini cap companies in India have the highest dividend yield?

The first five on PositoAI's list are Expleo Solutions Limited (12.76%), Crizac Limited (10.57%), GOCL Corporation Limited (8.39%), Alldigi Tech Limited (7.58%), PTC India Limited (7.43%).

How many mini cap companies in India pay a dividend?

531 of the 843 mini cap 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.

What is a Mini Cap stock?

Mini Cap is one of PosiCap, PositoAI's own size classes: companies with a market value ₹1,000 Cr to ₹10,000 Cr (about $106M to $1.1B). It is not the SEBI or index definition.

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.