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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. Greenlam Industries's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Greenlam Industries's Dividend Payout Ratio or its related term are showing as below:
NSE:GREENLAM'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.13 Max: 0.32
Current: 0.17
During the past 13 years, the highest Dividend Payout Ratio of Greenlam Industries was 0.32. The lowest was 0.05. And the median was 0.13.
NSE:GREENLAM's Dividend Payout Ratio is ranked better than 92.04% of 201
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.54
vs NSE:GREENLAM: 0.17
During the past 12 months, Greenlam Industries's average Dividends Per Share Growth Rate was -51.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Greenlam Industries was 91.30% per year. The lowest was -12.60% per year. And the median was 22.10% 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.
Greenlam Industries (NSE:GREENLAM) 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.
Greenlam Industries Dividend Payout Ratio Related Terms
Greenlam Industries Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Greenlam Industries'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.
NSE:GREENLAM vs SN, SGI, MHK: Dividend Payout Ratio Comparison
For the Furnishings, Fixtures & Appliances subindustry, Greenlam Industries'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.
Greenlam Industries Dividend Payout Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Greenlam Industries's Dividend Payout Ratio falls into.
Greenlam Industries 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.
Greenlam Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Greenlam Industries (NSE:GREENLAM) 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 Greenlam Industries and its competitors. Over the past decade, Greenlam Industries' Dividend Payout Ratio has ranged from 0.05 to 0.32. According to the industry distribution chart, Greenlam Industries ranks #16 out of 201 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 8%.
Is Greenlam Industries' Dividend Payout Ratio too high?
Greenlam Industries' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.32. Based on the distribution chart, Greenlam Industries ranks #16 out of 201 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Greenlam Industries has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' Dividend Payout Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #16 out of 201 companies for Dividend Payout Ratio. This places Greenlam Industries in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.54. Historically, Greenlam Industries' own Dividend Payout Ratio has ranged from 0.05 to 0.32 over the past decade. 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 Furnishings, Fixtures & Appliances company?
The median Dividend Payout Ratio among Furnishings, Fixtures & Appliances companies is 0.54, based on 201 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries'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 Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹349.17, compared to a current price of ₹249.35 — trading 28.6% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Greenlam Industries' overall GF Score™ is 94/100 with 5 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 Greenlam Industries (NSE:GREENLAM), 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?
Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued.
The current stock price of ₹249.35 is trading 28.6% below its estimated GF Value™ of ₹349.17.
GuruFocus considers Greenlam Industries to be Modestly Undervalued.
Key valuation signals for NSE:GREENLAM:
Dividend Payout Ratio: 0.00
GF Value™: ₹349.17 vs. price of ₹249.35 (28.6% below fair value)
No single metric tells the full story. See the NSE:GREENLAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
94GF Score
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