Axita Cotton Limited

BSE:542285 Stock Report

Market Cap: ₹3.9b

Axita Cotton Dividends and Buybacks

Dividend criteria checks 4/6

Axita Cotton is a dividend paying company with a current yield of 1.34% that is well covered by earnings.

Key information

1.3%

Dividend yield

-0.001%

Buyback Yield

Total Shareholder Yield1.3%
Future Dividend Yieldn/a
Dividend Growth116.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹0.150
Payout ratio28%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 542285 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 542285's dividend payments have increased, but the company has only paid a dividend for 2 years.

Dividend Yield vs Market

Axita Cotton Dividend Yield vs Market
How does 542285 dividend yield compare to the market?
SegmentDividend Yield
Company (542285)1.3%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Luxury)0.5%
Analyst forecast (542285) (up to 3 years)n/a

Notable Dividend: 542285's dividend (1.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: 542285's dividend (1.34%) is in the top 25% of dividend payers in the Indian market (1.11%)

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.5%), 542285's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.5%), 542285's dividend payments are well covered by cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 00:54
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Axita Cotton Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution