Indian (NIFTY) Materials Dividend Stocks

UPDATED Sep 23, 2025

Discover Indian Materials High Yield Dividend Stocks that are on the NIFTY and sorted by Dividend Yield. An upper limit of 20% is in place to filter out stocks with potentially unsustainable dividends. All companies with high dividend yields (above 5%) should be researched for sustainability. For more options please click on 'Advanced Filters'.

475 companies
CompanyLast Price7D Return1Y ReturnMarket CapAnalysts TargetValuationGrowthDiv Yield
VEDL
Vedanta
₹448.45-1.7%-6.5%₹1.8t₹499.57PE12xE14.7%9.7%
517372
Gujarat Intrux
₹429.90-5.5%-20.2%₹1.5bn/aPE14.9xn/a7.0%
500188
Hindustan Zinc
₹452.90-1.4%-11.4%₹2.0t₹453.83PE18.7xE7.6%6.4%
NATIONALUM
National Aluminium
₹206.09-3.4%5.6%₹383.6b₹213.22PE6.6xE-10.6%5.1%
GULFOILLUB
Gulf Oil Lubricants India
₹1,242.00-5.1%-13.8%₹60.2b₹1,655.40PE16.6xE13.3%4.5%
506222
Styrenix Performance Materials
₹2,445.00-5.7%-0.9%₹43.7bn/aPE19xn/a4.4%
526371
NMDC
₹77.202.0%2.6%₹686.6b₹74.69PE10.4xE7.1%4.3%
500870
Castrol India
₹202.75-1.1%-17.9%₹200.8b₹233.83PE21xE8.4%4.2%
500052
Bhansali Engineering Polymers
₹104.35-2.5%-32.8%₹26.2bn/aPE15xn/a3.8%
GNFC
Gujarat Narmada Valley Fertilizers & Chemicals
₹501.25-1.3%-24.7%₹74.0bn/aPE13.1xn/a3.6%
500292
HeidelbergCement India
₹207.50-1.6%-8.4%₹48.2b₹203.73PE40.9xE28.1%3.4%
RUCHIRA
Ruchira Papers
₹151.03-9.1%14.4%₹4.8bn/aPE6.5xn/a3.3%
540727
Poojawestern Metaliks
₹30.50-3.7%-27.3%₹299.8mn/aPE17.8xn/a3.3%
526315
Divyashakti
₹63.03-5.4%-11.0%₹644.8mn/aPE19.2xn/a3.2%
500710
Akzo Nobel India
₹3,390.750.5%-7.6%₹154.6b₹3,853.50PE38xE11.7%2.9%
SPPPOLY
SPP Polymer
₹17.10-2.3%-64.5%₹262.4mn/aPE23.4xn/a2.9%
VEEDOL
Veedol
₹1,894.00-1.2%-18.8%₹32.7bn/aPE17.8xn/a2.9%
506480
GOCL
₹358.70-2.5%-15.9%₹18.1bn/aPE16.3xn/a2.8%
507785
Tainwala Chemicals and Plastics (India)
₹215.45-0.7%-2.4%₹2.0bn/aPE29.1xn/a2.8%
526739
Narmada Gelatines
₹361.00-3.3%-6.5%₹2.2bn/aPE10.9xn/a2.8%
513353
Cochin Minerals and Rutile
₹291.35-2.5%-9.9%₹2.3bn/aPE10.9xn/a2.7%
GUJALKALI
Gujarat Alkalies and Chemicals
₹580.60-5.6%-28.4%₹43.0bn/aPS1xn/a2.7%
532937
Kuantum Papers
₹110.30-1.6%-21.8%₹9.8bn/aPE10.8xn/a2.7%
DKEGL
D.K. Enterprises Global
₹74.905.6%12.1%₹562.3mn/aPE9.9xn/a2.7%
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