GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shri Techtex Ltd (NSE:SHRITECH) » Definitions » Dividend Payout Ratio

Shri Techtex (NSE:SHRITECH) Dividend Payout Ratio : 0.00 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shri Techtex Dividend Payout Ratio?

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. Shri Techtex's Dividend Payout Ratio for the months ended in Mar. 2024 was 0.00.

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


NSE:SHRITECH's Dividend Payout Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.38
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2025-01-18), the Dividend Yield % of Shri Techtex is 0.00%.

Shri Techtex's Dividends per Share for the months ended in Mar. 2024 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.


Shri Techtex Dividend Payout Ratio Historical Data

The historical data trend for Shri Techtex'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.

* Premium members only.

Shri Techtex Dividend Payout Ratio Chart

Shri Techtex Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio
- - - - -

Shri Techtex Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Payout Ratio - - - - -

Competitive Comparison of Shri Techtex's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Shri Techtex'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.


Shri Techtex's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shri Techtex's Dividend Payout Ratio distribution charts can be found below:

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



Shri Techtex 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.

Shri Techtex's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2024 )/ EPS without NRI (A: Mar. 2024 )
=0/ 5.446
=0.00

Shri Techtex's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 5.446
=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.


Shri Techtex (NSE:SHRITECH) 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.


Shri Techtex Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Shri Techtex's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shri Techtex Business Description

Traded in Other Exchanges
N/A
Address
Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Shri Techtex Ltd is engaged in the business of manufacturing of Polypropylene (PP) Non-Woven Fabric. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.

Shri Techtex Headlines

No Headlines