Indian Top Dividend Payers

NHPC

Market Cap: ₹781.7b

Engages in the generation, sale, and trading of electricity through hydro, wind, and solar power stations in India and Nepal.

Honda India Power Products

Market Cap: ₹29.1b

Engages in the manufacture, marketing, and sale of portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, hand tools, portable gensets, tillers, and marine engines in India and internationally.

Goodyear India

Market Cap: ₹22.7b

Manufactures and sells tyres, tubes, and flaps under the Goodyear brand in India and internationally.

Alldigi Tech

Market Cap: ₹14.3b

Provides business process solutions in India and internationally.

Nexus Select Trust

Market Cap: ₹221.1b

n/a

Monte Carlo Fashions

Market Cap: ₹12.5b

Manufactures and trades in woolen, cotton, cotton-blended, knitted, and woven garments for men, women, and kids in India and internationally.

Punjab National Bank

Market Cap: ₹1.2t

Provides various banking and financial products and services in India and internationally.

Kotyark Industries

Market Cap: ₹3.5b

Engages in the development of biofuels in India.

Mindspace Business Parks REIT

Market Cap: ₹256.9b

Mindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020.

Indus Infra Trust

Market Cap: ₹50.9b

An infrastructure investment trust, focuses to acquire, manage, and invest in a portfolio of infrastructure assets in India.

Advani Hotels & Resorts (India)

Market Cap: ₹5.6b

Engages in the hotel business in India.

GPT Infraprojects

Market Cap: ₹14.6b

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

Uniparts India

Market Cap: ₹18.4b

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.

NMDC

Market Cap: ₹655.0b

Explores for and produces iron ore in India and internationally.

Indraprastha Gas

Market Cap: ₹298.2b

Distributes and sells natural gas in India.

Ashok Leyland

Market Cap: ₹768.0b

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

India Motor Parts & Accessories

Market Cap: ₹12.7b

Sells and distributes automobile spare parts and accessories in India.

Rubfila International

Market Cap: ₹4.7b

Manufactures and sells rubber threads in India, rest of Asia, Europe, Africa, and America.

D.K. Enterprises Global

Market Cap: ₹599.1m

Together with its subsidiary, engages in the manufacture and sale of paper-based packing materials, self-adhesive tapes, and laminated products in India.

Brookfield India Real Estate Trust

Market Cap: ₹204.3b

The Brookfield India Real Estate Trust is India’s only institutionally managed public commercial real estate vehicle.

Sanofi India

Market Cap: ₹117.2b

Manufactures and trades in drugs and pharmaceutical products in India, Singapore and internationally.

Bank of Maharashtra

Market Cap: ₹404.5b

Provides various banking products and services in India.

Vibrant Global Capital

Market Cap: ₹962.1m

A non-banking financial company, engages in lending and investing activities in India.

Radiant Cash Management Services

Market Cap: ₹6.0b

Engages in the provision of cash logistics and other related services in India.

Union Bank of India

Market Cap: ₹972.1b

Provides banking products and services in India.

Rane Brake Lining

Market Cap: ₹5.8b

Manufactures and markets auto components to original equipment manufacturers and aftermarket customers in India and internationally.

Veedol

Market Cap: ₹27.6b

Engages in the manufacturing and marketing of lubricants under the Veedol brand in India.

Embassy Office Parks REIT

Market Cap: ₹371.0b

Owns, operates, and invests in real estate and related assets in India.

Shreyans Industries

Market Cap: ₹3.3b

Engages in the manufacture and sale of writing and printing papers and soda ash in India and internationally.

VRL Logistics

Market Cap: ₹46.2b

Operates as a logistics and transport company in India.

Goel Food Products

Market Cap: ₹294.8m

Engages in the banquets, hotels, and catering businesses primarily in India.

Jammu and Kashmir Bank

Market Cap: ₹111.3b

Provides various banking products and services.

Gateway Distriparks

Market Cap: ₹32.2b

Provides integrated inter-modal logistics services in India.

Mahindra & Mahindra Financial Services

Market Cap: ₹374.1b

A non-banking financial company, engages in financing business in India.

Coal India

Market Cap: ₹2.6t

Produces and sells coal and coal products in India.

CP Capital

Market Cap: ₹2.7b

An education company, engages in the provision of education consultancy, management, tutorial, and residential hostel services in India.