GHCL (BOM:500171) Dividend Payout Ratio: 0.72 (As of Jun. 2026) — 414% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:500171 GHCL Ltd BOM:500171
72 GF Score
Price ₹435.85
GF Value ₹530.92
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is GHCL Dividend Payout Ratio?

GHCL BOM:500171 -0.42% 72 Dividend Payout Ratio is 0.72 as of Jun. 2026, which is 414% above its 10-year median of 0.14. GuruFocus rates BOM:500171 with a GF Score™ of 72/100 and a GF Value™ of ₹530.92 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 916 Chemicals companies, GHCL ranks worse than 64.19% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. GHCL's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.72.

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

BOM:500171' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.14   Max: 0.47
Current: 0.47


During the past 13 years, the highest Dividend Payout Ratio of GHCL was 0.47. The lowest was 0.09. And the median was 0.14.

BOM:500171's Dividend Payout Ratio is ranked worse than
64.19% of 916 companies
in the Chemicals industry
Industry Median: 0.35 vs BOM:500171: 0.47

As of today (2026-08-09), the Dividend Yield % of GHCL is 2.75%.

During the past 13 years, the highest Trailing Annual Dividend Yield of GHCL was 8.39%. The lowest was 0.83%. And the median was 1.98%.

GHCL's Dividends per Share for the months ended in Jun. 2026 was ₹12.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of GHCL was 35.70% per year. The lowest was -9.50% per year. And the median was 3.20% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


GHCL (BOM:500171) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


GHCL Dividend Payout Ratio Related Terms


GHCL Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for GHCL'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.

GHCL Dividend Payout Ratio Chart

GHCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.09 0.28 0.20 0.26

GHCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.08 0.00 0.00 0.72

BOM:500171 vs DOW: Dividend Payout Ratio Comparison

For the Chemicals subindustry, GHCL'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.


GHCL Dividend Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, GHCL's Dividend Payout Ratio distribution charts can be found below:

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


BOM:500171
72GF Score
GHCL Ltd BOM:500171
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GHCL Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

GHCL's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=12/ 46.481
=0.26

GHCL's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=12/ 16.659
=0.72

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.72 mean?
GHCL (BOM:500171) has a Dividend Payout Ratio of 0.72 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on GHCL and its competitors. This is 414% above median its historical median of 0.14. Over the past decade, GHCL's Dividend Payout Ratio has ranged from 0.09 to 0.47. According to the industry distribution chart, GHCL ranks #588 out of 916 companies in the Chemicals industry, placing it in the top 64.2%.
Is GHCL's Dividend Payout Ratio too high?
GHCL's current Dividend Payout Ratio of 0.72 is 414% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.47. The Chemicals industry median Dividend Payout Ratio is 0.35. GHCL's value of 0.72 is 105.7% above this industry median. Based on the distribution chart, GHCL ranks #588 out of 916 companies in the Chemicals industry, which is below the industry midpoint. Overall, GHCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GHCL's Dividend Payout Ratio compare to DOW?
According to the Chemicals industry distribution chart, GHCL ranks #588 out of 916 companies for Dividend Payout Ratio. This places GHCL in the lower half of its industry. The industry median Dividend Payout Ratio is 0.35. GHCL's value of 0.72 is 105.7% above this benchmark. Historically, GHCL's own Dividend Payout Ratio has ranged from 0.09 to 0.47 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.35, GHCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Chemicals company?
The median Dividend Payout Ratio among Chemicals companies is 0.35, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GHCL's current Dividend Payout Ratio of 0.72 is 105.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on GHCL and its competitors. For the Chemicals industry, the median Dividend Payout Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GHCL's current Dividend Payout Ratio is 0.72, which is 414% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GHCL stock overvalued right now?
Based on GuruFocus' analysis, GHCL (BOM:500171) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹530.92, compared to a current price of ₹435.85 — trading 17.9% below its estimated fair value. The current Dividend Payout Ratio is 0.72, which is 414% above median its 10-year median of 0.14 and 105.7% above the Chemicals industry median of 0.35. GHCL's overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For GHCL (BOM:500171), the current Dividend Payout Ratio is 0.72 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GHCL (BOM:500171) Overvalued in 2026?

Based on GuruFocus' analysis, GHCL stock appears to be undervalued. The current stock price of ₹435.85 is trading 17.9% below its estimated GF Value™ of ₹530.92. GuruFocus considers GHCL to be Modestly Undervalued.

Key valuation signals for BOM:500171:

  • Dividend Payout Ratio: 0.72 (414% above median its 10-year median of 0.14)
  • GF Value™: ₹530.92 vs. price of ₹435.85 (17.9% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 105.7% above the Chemicals median (#588 of 916)

No single metric tells the full story. See the BOM:500171 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GHCL Business Description

Other Exchanges GHCL:India
Address Institutional Area, Sector - 1, B-38, GHCL House, Noida, IND, 201301
GHCL Ltd is engaged in the business of Manufacturing & trading of Inorganic Chemicals (mainly manufacture and sale of Soda Ash). The Company's operations pertain to one segment i.e. Inorganic Chemicals. The company has presence in India, and Outside India. The company has presence in India. The company predominantly utilises seawater for its operations, thereby minimising dependence on freshwater resources and avoiding any impact on local community water availability.
72GF Score

Get the complete analysis for BOM:500171

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹435.85
Price
₹530.92
GF Value