According to latest market data, nine small-cap companies have demonstrated consistent dividend growth over the last three financial years (FY24-FY26). The standout performer is Majestic Auto, which increased its dividend per share from ₹15 in FY24 to ₹60 in FY26, representing a remarkable 1,333% growth. Majestic Auto shares rose 1.37% to ₹370 with a market capitalisation of ₹384.71 crore, announcing a ₹60 per share dividend for FY 2025-26 yielding 16.8%. Indo Borax & Chemicals followed with dividend growth from ₹1 to ₹40 per share, while Jagran Prakashan saw increases from ₹10 to ₹10 per share. Other notable performers include Premco Global Limited, Accelya Solutions Limited, Honda India Power, and PTC India.
The dividend yield performance across these small-cap companies shows significant improvement over the three-year period. Majestic Auto achieved the highest yield increase, rising from 4.2% in FY24 to 16.8% in FY26. Indo Borax & Chemicals maintained steady yields at approximately 7.9% in FY26, while Jagran Prakashan increased from 2.8% in FY25 to 16.8% in FY26. Premco Global Limited and Accelya Solutions Limited showed strong yield improvements, with PTC India maintaining relatively stable yields. Honda India Power saw yields rise from 0.9% to 6.3%, and REC Ltd maintained relatively stable yields between 5.1% and 5.9%.
Recent trading data shows mixed performance across these dividend-paying small-cap stocks. Majestic Auto closed 1.37% higher at ₹370 with a market capitalisation of ₹384.71 crore, though it has delivered 26% returns in six months and 7.8% returns in one year. Indo Borax & Chemicals shares fell 3.23% to ₹469.70 with an MCap of ₹1,507.27 crore, but the stock has delivered 92% returns in six months and 95% returns in one year. Jagran Prakashan closed 1.7% lower at ₹61.38 with an MCap of ₹1,335.96 crore, declining 1.59% in six months. Premco Global Limited, Accelya Solutions Limited, and PTC India also showed varied performance patterns in recent trading sessions.
The companies show varied market valuations reflecting their different business models and growth trajectories. Majestic Auto maintains the lowest market cap at ₹384.71 crore despite strong dividend growth, while Indo Borax & Chemicals commands a higher valuation at ₹1,507.27 crore. Jagran Prakashan trades at ₹1,335.96 crore market cap, Premco Global Limited at ₹1,641.96 crore, and Accelya Solutions Limited at ₹1,183.10 crore. PTC India maintains the highest valuation at ₹77,258.79 crore, reflecting investor confidence in these companies' ability to sustain consistent dividend growth and maintain their business fundamentals. The valuations provide opportunities for investors seeking regular cash payouts while staying invested in high growth potential small-cap stocks.
