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. HPL Electric & Power's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for HPL Electric & Power's Dividend Payout Ratio or its related term are showing as below:
NSE:HPL'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.1 Max: 0.35
Current: 0.07
During the past 12 years, the highest Dividend Payout Ratio of HPL Electric & Power was 0.35. The lowest was 0.03. And the median was 0.10.
NSE:HPL's Dividend Payout Ratio is ranked better than 95.41% of 1721
companies
in the Industrial Products industry
Industry Median: 0.37
vs NSE:HPL: 0.07
During the past 12 years, the highest Trailing Annual Dividend Yield of HPL Electric & Power was 2.66%. The lowest was 0.06%. And the median was 0.29%.
During the past 3 years, the average Dividends Per Share Growth Rate was 88.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 62.90% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of HPL Electric & Power was 88.20% per year. The lowest was -53.60% per year. And the median was 39.55% 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.
HPL Electric & Power (NSE:HPL) 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.
HPL Electric & Power Dividend Payout Ratio Related Terms
HPL Electric & Power Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for HPL Electric & Power'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:HPL vs VRT, BE: Dividend Payout Ratio Comparison
For the Electrical Equipment & Parts subindustry, HPL Electric & Power'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.
HPL Electric & Power Dividend Payout Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HPL Electric & Power's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where HPL Electric & Power's Dividend Payout Ratio falls into.
HPL Electric & Power 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.
HPL Electric & Power'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.
HPL Electric & Power (NSE:HPL) 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 HPL Electric & Power and its competitors. Over the past decade, HPL Electric & Power's Dividend Payout Ratio has ranged from 0.03 to 0.35. According to the industry distribution chart, HPL Electric & Power ranks #79 out of 1721 companies in the Industrial Products industry, placing it in the top 4.6%.
Is HPL Electric & Power's Dividend Payout Ratio too high?
HPL Electric & Power's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.35. Based on the distribution chart, HPL Electric & Power ranks #79 out of 1721 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, HPL Electric & Power has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HPL Electric & Power's Dividend Payout Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, HPL Electric & Power ranks #79 out of 1721 companies for Dividend Payout Ratio. This places HPL Electric & Power in the top 5% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Historically, HPL Electric & Power's own Dividend Payout Ratio has ranged from 0.03 to 0.35 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 an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,721 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 HPL Electric & Power and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HPL Electric & Power'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 HPL Electric & Power stock overvalued right now?
Based on GuruFocus' analysis, HPL Electric & Power (NSE:HPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹466.26, compared to a current price of ₹360.25 — trading 22.7% below its estimated fair value. The current Dividend Payout Ratio is 0.00. HPL Electric & Power's overall GF Score™ is 79/100 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 HPL Electric & Power (NSE:HPL), 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 HPL Electric & Power (NSE:HPL) Overvalued in 2026?
Based on GuruFocus' analysis, HPL Electric & Power stock appears to be undervalued.
The current stock price of ₹360.25 is trading 22.7% below its estimated GF Value™ of ₹466.26.
GuruFocus considers HPL Electric & Power to be Modestly Undervalued.
Key valuation signals for NSE:HPL:
Dividend Payout Ratio: 0.00
GF Value™: ₹466.26 vs. price of ₹360.25 (22.7% below fair value)
No single metric tells the full story. See the NSE:HPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. The company operates in two segments: Metering, systems & services, and Consumer, Industrial & services. It derives key revenue from the Metering, Systems & Services segment. The product portfolio includes digital panel meters, smart Meters, Net Meters for Solar Rooftops, Prepaid Metering Solutions, Ebrit Digital Panel Meters, cordless chimes, and Trivector Meters. Geographically, the majority of its revenue is generated in India.
79GF Score
Get the complete analysis for NSE:HPL
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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