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Maruti Interior Products Ltd dividend

Maruti Interior Products Ltd dividend

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stocks purchased

₹ 0.2 Cr

Volume transacted

stocks purchased

21.0 K

stocks traded

Last Updated time: 16 Jul 15:30 PM

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Maruti Interior Products Ltd

NSE: MARUTIINTERIOR

DPS

0.5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Maruti Interior Products Ltd is ₹ 0.5 as of 2023 .a1#The Dividend Payout of Maruti Interior Products Ltd changed from 0.94 % on March 2019 to 8.74 % on March 2023 . This represents a CAGR of 110.28% over 3 years. a1#The Latest Trading Price of Maruti Interior Products Ltd is ₹ 81 as of 16 Jul 15:30 .a1#The Market Cap of Maruti Interior Products Ltd changed from ₹ 43.79 crore on March 2021 to ₹ 117.03 crore on March 2023 . This represents a CAGR of 63.48% over 2 years. a1#

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Share Price Vs Dividend Yield

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Historical Dividend Payout of Maruti Interior Products Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Maruti Interior Products Ltd

Period
Mar '190
Mar '200
Mar '211
Mar '220
Mar '239

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Maruti Interior Products Ltd

NSE: MARUTIINTERIOR

PRICE

81

-2.00 (-2.41%)

stock direction

Last updated : 16 Jul 15:30

SWOT Analysis Of Maruti Interior Products Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Maruti Interior Products Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Maruti Interior Products Ltd

Period
Mar '210
Mar '2244
Mar '23117

* All values are a in crore

About Maruti Interior Products Ltd

About Maruti Interior Products Ltd

    Maruti Interior Products Ltd was incorporated as 'Ravi Bearings Private Limited' on February 14, 1997 at Rajkot, Gujarat as a Private Limited Company under Companies Act, 1956 with RoC, Ahmedabad. Subsequently, the name of the Company was changed to Maruti Interior Products Private Limited vide Special Resolution passed by the Shareholders of Company in their meeting held on April 04, 2000 and fresh Certificate of Incorporation consequent to change in name was granted to company on May 12, 2000, by Registrar of Companies, Ahmedabad. The name of Company was subsequently changed to 'Maruti Interior Products Limited' pursuant to a Special Resolution passed by Shareholders of the Company at Extra Ordinary General Meeting held on October 20, 2021. A fresh Certificate of Incorporation consequent upon change of name was issued on November 9, 2021 by Registrar of Companies, Ahmedabad. In year 2000, the Company began its journey with the manufacturing of Modular Kitchen Accessories & Storage Solutions. The first two years were in business of manufacturing M.S. Wire based products. However, as time passed and with growing market demand, it expanded business from M.S. Wire based products to Stainless Steel products. The Company incorporated innovative design solutions at various levels which not only improved quality of products but also met client's expectations at every level. The Company is engaged in manufacturing and domestic sale & export of modular kitchen storage system and accessories,aluminium long wardrobe handle & profile handle. There are two categories of kitchen storage accessories - Solid Base Range and Wire Base Range. Both product ranges included Vertical Storages, Corner Storages,Drawer Pull Outs, Mid Way Accessories, Drawer Organisers, Portable Storage Products, Wardrobe Storage Accessories, Wardrobe Handles, Main Door Handles, Cabinet Handles, Profile Handles, Wooden Handles, etc. It has an in-house team of designers who look after, product development and quality control. All products manufactured by the Company are designed in-house and tested to maintain their quality standards. The Company has ventured into the manufacturing of customized Wire Racks, Oven Wire Grills, Custom Wire Formed products & components,Laser Cutting Components, etc. At present, it manufactures more than 400 products in 2 brands recognised as Everyday Kitchen Storage Accessories' & Spitze by Everyday'. The Company manufacture products for many multinational companies (MNCs) as well. Simultaneously, it supports customer from designing-development to end products. The Company's factory is spread across approx. 1,00,000 sq. ft in Gujarat. It has more than 300 dealers and 25 distributors PAN India. Having distributors in Uganda; the Company is in process of tying up for oven wire shelf with one of the company in Austria. The production facility is located 15 Km away from the city of Rajkot, Gujarat. It is spread over an area of 7000 yards. This facility includes 4000 yards of manufacturing unit, 3000 yards of packed stock and 2500 square feet of showroom. This production process is certified by TUV Nord. Apart from being a strong production facility, it is backed by active environmental protection. The Company ensures the waste is low, there is least toxic pollution, that directly results in economic and environmental advantages for customers by reducing energy and materials. A modular kitchen encompasses a range of fixtures and cabinets assembled to facilitate effective usage of kitchen space. A modular kitchen normally consists of wooden cabinets, countertops, internal accessories including built-in covered baskets and household and kitchen appliances such as a washbasin, dishwasher, chimney, cooking range/ stove and microwave oven. It is custom-designed and customers can choose from a variety of options, features, colors and patterns The Company include machines like 3D wire bending, 2D wire bending & automatic multi head wire mesh welders. Coming to sheet metal parts, they have automatic laser cutting machine & CNC Sheet Metal Bender. There are many manual machines too in workshop. They have in house testing laboratory which includes machines like rapid salt spray testing machine,plating thickness tester and chemical content checker, etc. The Company has a wide range of product offerings for different customer segments. The brand 'Everyday Kitchen' is focused on economic range of products, while other brand 'Spitze' by Everyday offers premium products. Apart from company's own branded products, it manufactures products for big companies like Godrej, Hafele India, Kaff Appliances, Walmart, Homelane, Livespace, Spacewood, etc. All the products manufactured are designed in-house and the Company has marketing and distribution network across India. It has an online presence selling direct to customers via online, e-commerce platforms like Amazon and Flipkart. With an eye on the direct customers, the company has also developed Do it yourself (DIY) products. It manufacture products for other companies on OEM basis also. In future, the Company plans to install automatic Nickel/ Chrome Plating Plant and Powder Coating Plant. It wants to add more machines related to wire and sheet metal products like ROBOT Welding for majority of products. They want to make modification in existing shed with area of 20000 sq ft. and introduce wardrobe hardware like sliding door fittings. They are planning to enter into kitchen appliances segment, where they will be starting with small appliances like Hand Blender, Blenders, Electric Grills, Toasters, Air Fryers, induction cookers, coffee maker, electric kettles, personal grooming products like trimmers, shapers, hair during, hair straightener, hair cutting equipment etc. and once they get a good grip on it, will gradually introduce big appliances like Chimneys, In built ovens, dishwashers, cooktops, induction tops, etc. Apart from kitchen and wardrobe field, they are planning to launch a premium brand in segment of DENIM & Eye Wear Products (Garment & Fashion Industry) within 2-3 months. That will be 100% online selling with online brand building. With all these products and projects, they will achieve turnover of around 100 Crores within 5-6 years.

Maruti Interior Products Ltd News Hub

News

Maruti Interior Products to declare Quarterly Result

Maruti Interior Products will hold a meeting of the Board of Directors of the Company on 2...

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27 May 202412:21

News

Maruti Interior Products to conduct board meeting

Maruti Interior Products will hold a meeting of the Board of Directors of the Company on 9...

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07 Nov 202314:45

News

Board of Maruti Interior Products approves bonus issue of 1:1

The Board of Maruti Interior Products at its meeting held on 28 October 2023 has approved ...

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28 Oct 202311:36

News

Maruti Interior Products to conduct AGM

Maruti Interior Products announced that the 26th Annual General Meeting (AGM) of the compa...

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08 Sep 202317:18

News

Maruti Interior Products to hold board meeting

Maruti Interior Products will hold a meeting of the Board of Directors of the Company on 4...

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02 Sep 202311:50

News

Board of Maruti Interior Products recommends interim dividend

Maruti Interior Products announced that the Board of Directors of the Company at its meeti...

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31 May 202311:03

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