Indian Capital Goods Top Dividend Payers

Panasonic Carbon India

Market Cap: ₹2.3b

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

SNL Bearings

Market Cap: ₹1.3b

Manufactures and markets antifriction bearing products in India and internationally.

Balmer Lawrie

Market Cap: ₹30.0b

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.

Jamna Auto Industries

Market Cap: ₹48.7b

Engages in the manufacture, distribution, and trading of parabolic and tapered leaf springs, lift axles, air suspension, stabilizer bars, bushes, and allied products under the JAI brand in India and internationally.

Balmer Lawrie Investments

Market Cap: ₹15.7b

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

Swaraj Engines

Market Cap: ₹45.0b

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

Engineers India

Market Cap: ₹131.9b

An engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure, and petrochemical industries worldwide.

Bimetal Bearings

Market Cap: ₹2.5b

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

Uniparts India

Market Cap: ₹29.8b

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.

IndiaMART InterMESH

Market Cap: ₹121.3b

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

Ahlada Engineers

Market Cap: ₹515.9m

Manufactures and sells steel doors and windows in India.

GPT Infraprojects

Market Cap: ₹14.3b

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

Hercules Investments

Market Cap: ₹3.9b

Operates as an unregistered core investment company in India.

Foseco Crucible (India)

Market Cap: ₹6.7b

Engages in the manufacturing of crucibles and accessories engineered for melting, holding, treatment and casting applications in India and internationally.

Vinyl Chemicals (India)

Market Cap: ₹4.5b

Engages in the trading of chemicals in India.

Ashok Leyland

Market Cap: ₹895.5b

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

Axtel Industries

Market Cap: ₹7.3b

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

Mysore Petro Chemicals

Market Cap: ₹643.0m

Engages in the trading of petrochemical products in India.