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Ajanta Pharma (BOM:532331) 3-Year Dividend Growth Rate : 78.50% (As of Mar. 2024)


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What is Ajanta Pharma 3-Year Dividend Growth Rate?

Ajanta Pharma's Dividends per Share for the three months ended in Mar. 2024 was ₹26.00.

The historical rank and industry rank for Ajanta Pharma's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:532331' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.7   Med: 35.15   Max: 141
Current: 78.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ajanta Pharma was 141.00% per year. The lowest was -13.70% per year. And the median was 35.15% per year.

BOM:532331's 3-Year Dividend Growth Rate is ranked better than
96.25% of 320 companies
in the Drug Manufacturers industry
Industry Median: 9.8 vs BOM:532331: 78.50

During the past 12 months, Ajanta Pharma's average Dividends Per Share Growth Rate was 414.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 78.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Ajanta Pharma's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.62. As of today, Ajanta Pharma's Dividend Yield % is 1.48%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Ajanta Pharma's 3-Year Dividend Growth Rate

For the Drug Manufacturers - Specialty & Generic subindustry, Ajanta Pharma's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ajanta Pharma's 3-Year Dividend Growth Rate Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ajanta Pharma's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Ajanta Pharma's 3-Year Dividend Growth Rate falls into.



Ajanta Pharma 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Ajanta Pharma  (BOM:532331) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Ajanta Pharma's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=26/ 16.09
=1.62

During the past 13 years, the highest Dividend Payout Ratio of Ajanta Pharma was 0.56. The lowest was 0.11. And the median was 0.21.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Ajanta Pharma Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 26.0000002024-02-082024-02-082024-02-20Cash Dividendsemi-annuallyINR:INR 1.000000
INR 10.0000002023-08-042023-08-042023-08-17Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ajanta Pharma's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=36/2437.55
=1.48 %

Current Share Price is ₹2437.55.
Ajanta Pharma's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹36.

During the past 13 years, the highest Dividend Yield of Ajanta Pharma was 1.73%. The lowest was 0.25%. And the median was 0.57%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ajanta Pharma 3-Year Dividend Growth Rate Related Terms>


Ajanta Pharma (BOM:532331) Business Description

Traded in Other Exchanges
Address
Ajanta House, 98 Government Industrial Area, Charkop, Kandivli (West), Mumbai, MH, IND, 400 067
Ajanta Pharma Ltd is a drug manufacturing company with a focus on specialty pharmaceutical products. The company maintains a global presence while generating the vast majority of its revenue in Africa and India. Ajanta's strategy aims to successfully select molecules and products for development while enhancing its research and development capabilities. The company works to develop formulations in different dosages such as tablets, cream, capsules, liquid, and lotion. The company's manufacturing plants are located in India.

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