Ajanta Pharma (BOM:532331) Dividend Payout Ratio : 1.62 (As of Mar. 2024)

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What is Ajanta Pharma Dividend Payout Ratio?

Ajanta Pharma's dividend payout ratio for the months ended in Mar. 2024 was 1.62.

The historical rank and industry rank for Ajanta Pharma's Dividend Payout Ratio or its related term are showing as below:

BOM:532331' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.21 Max: 0.56
Current: 0.56

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.

BOM:532331's Dividend Payout Ratio is ranked worse than
72.79% of 430 companies
in the Drug Manufacturers industry
Industry Median: 0.33 vs BOM:532331: 0.56

As of today (2024-05-15), the Dividend Yield % of Ajanta Pharma is 1.51%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Ajanta Pharma Dividend Payout Ratio Historical Data

The historical data trend for Ajanta Pharma's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Ajanta Pharma Dividend Payout Ratio Chart

Ajanta Pharma Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.24

0.13

0.12

0.15

0.56

Ajanta Pharma Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.65	-	1.62

Competitive Comparison of Ajanta Pharma's Dividend Payout Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Ajanta Pharma's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ajanta Pharma's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Ajanta Pharma's Dividend Payout Ratio falls into.

Ajanta Pharma Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	36	/	64.77
	=	0.56

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

Ajanta Pharma (BOM:532331) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Ajanta Pharma Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Ajanta Pharma's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ajanta Pharma (BOM:532331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ajanta Pharma Ltd (BOM:532331) » Definitions » Dividend Payout Ratio

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AJANTPHARM:India

Address

Ajanta House, 98 Government Industrial Area, Charkop, Kandivli (West), Mumbai, MH, IND, 400 067

Website

https://www.ajantapharma.com

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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