Indian Capital Goods Top Dividend Payers

Panasonic Carbon India

Market Cap: ₹2.2b

Manufactures and sells carbon rods as a component of dry cell batteries to battery manufacturers in India and internationally.

Balmer Lawrie

Market Cap: ₹31.0b

Engages in industrial packaging, greases and lubricants, chemicals, travel and vacations, logistic services and infrastructure, cold chain and refinery and oil field, businesses in India and internationally.

SNL Bearings

Market Cap: ₹1.4b

Manufactures and markets antifriction bearing products in India and internationally.

Balmer Lawrie Investments

Market Cap: ₹15.6b

Engages in the industrial packaging, logistic and infrastructure, refinery and oil field, and travel and vacation businesses in India.

Dhanalaxmi Roto Spinners

Market Cap: ₹577.2m

Trades in textiles, paper, and wood pulp in India.

Modison

Market Cap: ₹9.7b

Manufactures and sells electrical contacts for low, medium, and high voltage switchgear industries in India and internationally.

Swaraj Engines

Market Cap: ₹46.4b

Manufactures and sells diesel engines and its components, hi-tech engine components, and spare parts for tractor application in India.

Bimetal Bearings

Market Cap: ₹2.6b

Manufactures and sells engine bearings, bushings, thrust washers, alloy powder, and bimetallic strips in India and internationally.

IndiaMART InterMESH

Market Cap: ₹113.6b

Operates an online business-to-business marketplace for business products and services in India and internationally.

Uniparts India

Market Cap: ₹29.3b

Manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.

GPT Infraprojects

Market Cap: ₹16.0b

GPT Infraprojects Limited, together with its subsidiaries, carries out civil and infrastructure projects in India and internationally.

Ahlada Engineers

Market Cap: ₹507.0m

Manufactures and sells steel doors and windows in India.

Axtel Industries

Market Cap: ₹7.1b

Manufactures, supplies, and sells process engineering equipment and turnkey systems for food processing and pharmaceutical industries in India and internationally.

Vinyl Chemicals (India)

Market Cap: ₹4.8b

Engages in the trading of chemicals in India.

Ashok Leyland

Market Cap: ₹975.8b

Engages in the manufacture and sale of commercial vehicles in India and internationally.

Mysore Petro Chemicals

Market Cap: ₹640.0m

Engages in the trading of petrochemical products in India.