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Sugar & Allied Industries

TICL The Thal Industries Corporation Limited

Latest results: FY2025 · Sep 2025

Last close · 16 Oct 2026

Rs 752.83 -5.90%

Dividends · FY2006 – FY2025

The Thal Industries Corporation Limited (TICL) dividend history

The Thal Industries Corporation Limited declared a dividend of Rs 10.00 per share for FY2025, paying out 6% of earnings. It paid a dividend in 20 of the last 20 years, including each of the last 20. Over five years the dividend per share grew at a compound 27.2% a year. At Rs 752.83 (close on 16 Oct 2026) the yield is 1.3%.

Dividend per share
Rs 10.00
FY2025
Dividend yield
1.3%
at Rs 752.83
Payout ratio
6%
FY2025
Years in a row
20
paid in 20 of 20 years
5-yr dividend growth
27.2%
a year, compound
Dividend per share Dividend per share
Dividend per share Rs 23 Dividend per share FY16: Rs 10.00 FY16 Dividend per share FY17: Rs 22.58 FY17 Dividend per share FY18: Rs 8.86 FY18 Dividend per share FY19: Rs 1.50 FY19 Dividend per share FY20: Rs 3.00 FY20 Dividend per share FY21: Rs 3.00 FY21 Dividend per share FY22: Rs 3.50 FY22 Dividend per share FY23: Rs 5.00 FY23 Dividend per share FY24: Rs 2.50 FY24 Dividend per share FY25: Rs 10.00 FY25

Dividend history by fiscal year

TICL dividend history (annual) (Rs mn)
Rs mn FY2025 Oct 2024 – Sep 2025 FY2024 Oct 2023 – Sep 2024 FY2023 Oct 2022 – Sep 2023 FY2022 Oct 2021 – Sep 2022 FY2021 Oct 2020 – Sep 2021 FY2020 Oct 2019 – Sep 2020 FY2019 Oct 2018 – Sep 2019 FY2018 Oct 2017 – Sep 2018 FY2017 Oct 2016 – Sep 2017 FY2016 Oct 2015 – Sep 2016 FY2015 Oct 2014 – Sep 2015 FY2014 Oct 2013 – Sep 2014 FY2013 Oct 2012 – Sep 2013 FY2012 Oct 2011 – Sep 2012 FY2011 Oct 2010 – Sep 2011 FY2010 Oct 2009 – Sep 2010 FY2009 Oct 2008 – Sep 2009 FY2008 Oct 2007 – Sep 2008 FY2007 Oct 2006 – Sep 2007 FY2006 Oct 2005 – Sep 2006
Dividend per share (Rs) Rs 10.00 2.50 5.00 3.50 3.00 3.00 1.50 8.86 22.58 10.00 0.92 0.75 1.50 1.00 2.00 1.50 2.00 1.50 0.75 1.00
Change on the previous year +300.0% -50.0% +42.9% +16.7% 0.0% +100.0% -83.1% -60.8% +125.8% +987.0% +22.7% -50.0% +50.0% -50.0% +33.3% -25.0% +33.3% +100.0% -25.0% —
EPS – basic (Rs) Rs 154.99 75.61 130.87 118.61 108.52 84.12 22.78 (10.68) 47.15 43.94 17.37 4.16 13.64 5.91 10.19 0.47 5.04 3.37 (0.00) (0.18)
Payout ratio (DPS ÷ EPS) 6.5% 3.3% 3.8% 3.0% 2.8% 3.6% 6.6% — 47.9% 22.8% 5.3% 18.0% 11.0% 16.9% 19.6% 322.3% 39.7% 44.6% — —
Dividend yield at year-end price 0.4% 2.0% 1.6% 1.2% 1.1% 0.6% 0.0% 6.9% 4.0% 1.3% 0.8% 2.2% 2.0% 5.1% 2.9% 2.7% 1.9% 1.7% — 3.9%
Dividends paid (cash flow) 37.0 74.1 52.0 47.6 45.5 57.1 43.4 320.8 137.2 80.4 16.0 28.5 8.2 29.8 32.8 18.3 21.2 11.1 14.8 22.2

Dividend per share is the total cash dividend declared for each fiscal year (interim and final), before tax. Payout ratio = DPS ÷ basic EPS; shown when EPS is positive. Yield at the fiscal year-end price.

TICL dividends: frequently asked questions

Does TICL pay dividends?

Yes. The Thal Industries Corporation Limited declared a dividend of Rs 10.00 per share for FY2025. It has paid a dividend in each of the last 20 years. At Rs 752.83 that is a dividend yield of 1.3%.

Information only, not investment advice.