Citizen Solar (BOM:538786) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

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BOM:538786 Citizen Solar Ltd BOM:538786
54 GF Score
Price ₹293.00
GF Value ₹2,926.83
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Citizen Solar Dividend Payout Ratio?

Citizen Solar BOM:538786 -0.34% 54 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates BOM:538786 with a GF Score™ of 54/100 and a GF Value™ of ₹2,926.83 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 453 Semiconductors companies, Citizen Solar ranks worse than 220750.33% 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. Citizen Solar's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

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


BOM:538786's Dividend Payout Ratio is not ranked *
in the Semiconductors industry.
Industry Median: 0.39
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-15), the Dividend Yield % of Citizen Solar is 0.00%.

Citizen Solar's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

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.


Citizen Solar (BOM:538786) 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.


Citizen Solar Dividend Payout Ratio Related Terms


Citizen Solar Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Citizen Solar'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.

Citizen Solar Dividend Payout Ratio Chart

Citizen Solar 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 0.00 0.00 0.00 0.00 0.00

Citizen Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00

BOM:538786 vs FSLR, NXT, ENPH: Dividend Payout Ratio Comparison

For the Solar subindustry, Citizen Solar'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.


Citizen Solar Dividend Payout Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Citizen Solar's Dividend Payout Ratio distribution charts can be found below:

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


BOM:538786
54GF Score
Citizen Solar Ltd BOM:538786
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Citizen Solar 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.

Citizen Solar'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 )
=0/ 15.97
=0.00

Citizen Solar's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 9.98
=0.00

* 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 0.00 mean?
Citizen Solar (BOM:538786) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Citizen Solar and its competitors. According to the industry distribution chart, Citizen Solar ranks #999999 out of 453 companies in the Semiconductors industry.
Is Citizen Solar's Dividend Payout Ratio too high?
Citizen Solar's current Dividend Payout Ratio is 0.00. Based on the distribution chart, Citizen Solar ranks #999999 out of 453 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Citizen Solar has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Solar's Dividend Payout Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Citizen Solar ranks #999999 out of 453 companies for Dividend Payout Ratio. This places Citizen Solar in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. 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 Semiconductors company?
The median Dividend Payout Ratio among Semiconductors companies is 0.39, based on 453 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. 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 Citizen Solar and its competitors. For the Semiconductors industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citizen Solar's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Solar stock overvalued right now?
Based on GuruFocus' analysis, Citizen Solar (BOM:538786) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,926.83, compared to a current price of ₹293.00 — trading 90% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Citizen Solar's overall GF Score™ is 54/100 with 4 warning signs 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 Citizen Solar (BOM:538786), the current Dividend Payout Ratio is 0.00 as of Mar. 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 Citizen Solar (BOM:538786) Overvalued in 2026?

Based on GuruFocus' analysis, Citizen Solar stock appears to be undervalued. The current stock price of ₹293.00 is trading 90% below its estimated GF Value™ of ₹2,926.83. GuruFocus considers Citizen Solar to be Significantly Undervalued.

Key valuation signals for BOM:538786:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₹2,926.83 vs. price of ₹293.00 (90% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the BOM:538786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Citizen Solar Business Description

Address Ashram Road, 411, Sakar - 2, Ellisbridge Corner, Ahmedabad, GJ, IND, 380006
Citizen Solar Ltd operates as a solar panel and solar inverter manufacturer in India. It comprises of two main divisions that include Citizen Solar Technology and Solar Inverter Manufacturer. The company serves various industries and businesses spread across multiple verticals such as Textiles, Manufacturing, Exports, etc.
54GF Score

Get the complete analysis for BOM:538786

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

₹293.00
Price
₹2,926.83
GF Value