G.M. Breweries (NSE:GMBREW) Dividend Payout Ratio: 0.55 (As of Jun. 2026) — 511% 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.

NSE:GMBREW G.M. Breweries Ltd NSE:GMBREW
85 GF Score
Price ₹913.20
GF Value ₹879.54
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is G.M. Breweries Dividend Payout Ratio?

G.M. Breweries NSE:GMBREW -0.41% 85 Dividend Payout Ratio is 0.55 as of Jun. 2026, which is 511% above its 10-year median of 0.09. GuruFocus rates NSE:GMBREW with a GF Score™ of 85/100 and a GF Value™ of ₹879.54 (Fairly Valued). The stock has 3 warning signs investors should review. Among 118 Beverages - Alcoholic companies, G.M. Breweries ranks better than 94.07% 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. G.M. Breweries's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.55.

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

NSE:GMBREW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.09   Max: 0.12
Current: 0.12


During the past 13 years, the highest Dividend Payout Ratio of G.M. Breweries was 0.12. The lowest was 0.05. And the median was 0.09.

NSE:GMBREW's Dividend Payout Ratio is ranked better than
94.07% of 118 companies
in the Beverages - Alcoholic industry
Industry Median: 0.515 vs NSE:GMBREW: 0.12

As of today (2026-07-15), the Dividend Yield % of G.M. Breweries is 0.98%.

During the past 13 years, the highest Trailing Annual Dividend Yield of G.M. Breweries was 1.27%. The lowest was 0.26%. And the median was 0.72%.

G.M. Breweries's Dividends per Share for the months ended in Jun. 2026 was ₹9.00.

During the past 12 months, G.M. Breweries's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 24.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of G.M. Breweries was 26.00% per year. The lowest was 0.00% per year. And the median was 10.10% 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.


G.M. Breweries (NSE:GMBREW) 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.


G.M. Breweries Dividend Payout Ratio Related Terms


G.M. Breweries Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for G.M. Breweries'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.

G.M. Breweries Dividend Payout Ratio Chart

G.M. Breweries 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 0.09 0.10 0.11 0.12 0.11

G.M. Breweries 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 0.66 0.00 0.00 0.00 0.55

NSE:GMBREW vs BF.B: Dividend Payout Ratio Comparison

For the Beverages - Wineries & Distilleries subindustry, G.M. Breweries'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.


G.M. Breweries Dividend Payout Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, G.M. Breweries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where G.M. Breweries's Dividend Payout Ratio falls into.


NSE:GMBREW
85GF Score
G.M. Breweries Ltd NSE:GMBREW
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

G.M. Breweries 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.

G.M. Breweries'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 )
=7.5/ 65.578
=0.11

G.M. Breweries'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 )
=9/ 16.52
=0.54

* 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 0.55 mean?
G.M. Breweries (NSE:GMBREW) has a Dividend Payout Ratio of 0.55 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on G.M. Breweries and its competitors. This is 511% above median its historical median of 0.09. Over the past decade, G.M. Breweries' Dividend Payout Ratio has ranged from 0.05 to 0.12. According to the industry distribution chart, G.M. Breweries ranks #7 out of 118 companies in the Beverages - Alcoholic industry, placing it in the top 5.9%.
Is G.M. Breweries' Dividend Payout Ratio too high?
G.M. Breweries' current Dividend Payout Ratio of 0.55 is 511% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.12. The Beverages - Alcoholic industry median Dividend Payout Ratio is 0.52. G.M. Breweries' value of 0.55 is 6.8% above this industry median. Based on the distribution chart, G.M. Breweries ranks #7 out of 118 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, G.M. Breweries has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does G.M. Breweries' Dividend Payout Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, G.M. Breweries ranks #7 out of 118 companies for Dividend Payout Ratio. This places G.M. Breweries in the top 6% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.52. G.M. Breweries' value of 0.55 is 6.8% above this benchmark. Historically, G.M. Breweries' own Dividend Payout Ratio has ranged from 0.05 to 0.12 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.52, G.M. Breweries 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 Beverages - Alcoholic company?
The median Dividend Payout Ratio among Beverages - Alcoholic companies is 0.52, based on 118 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. G.M. Breweries's current Dividend Payout Ratio of 0.55 is 6.8% 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 G.M. Breweries and its competitors. For the Beverages - Alcoholic industry, the median Dividend Payout Ratio is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G.M. Breweries's current Dividend Payout Ratio is 0.55, which is 511% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G.M. Breweries stock overvalued right now?
Based on GuruFocus' analysis, G.M. Breweries (NSE:GMBREW) is currently considered Fairly Valued. The stock's GF Value™ is ₹879.54, compared to a current price of ₹913.20 — trading 3.8% above its estimated fair value. The current Dividend Payout Ratio is 0.55, which is 511% above median its 10-year median of 0.09 and 6.8% above the Beverages - Alcoholic industry median of 0.52. G.M. Breweries' overall GF Score™ is 85/100 with 3 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 G.M. Breweries (NSE:GMBREW), the current Dividend Payout Ratio is 0.55 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 G.M. Breweries (NSE:GMBREW) Overvalued in 2026?

Based on GuruFocus' analysis, G.M. Breweries stock appears to be overvalued. The current stock price of ₹913.20 is trading 3.8% above its estimated GF Value™ of ₹879.54. GuruFocus considers G.M. Breweries to be Fairly Valued.

Key valuation signals for NSE:GMBREW:

  • Dividend Payout Ratio: 0.55 (511% above median its 10-year median of 0.09)
  • GF Value™: ₹879.54 vs. price of ₹913.20 (3.8% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 6.8% above the Beverages - Alcoholic median (#7 of 118)

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


G.M. Breweries Business Description

Other Exchanges 507488:India
Address S. Veer Savarkar Marg, Ganesh Niwas, Prabhadevi, Mumbai, MH, IND, 400 025
G.M. Breweries Ltd is engaged in the manufacturing of alcoholic liquor. The firm engages in manufacturing, marketing, and sale of alcoholic beverages such as country liquor and Indian made foreign liquor. It offers products under G.M.Santra, G.M.Limbu Punch, G.M.Doctor, and G.M.Dilbahar Sounf brand names.
85GF Score

Get the complete analysis for NSE:GMBREW

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

₹913.20
Price
₹879.54
GF Value