Key Highlights
1. Highest-Ever Dividend Receipts:
- Dividends paid by Central Public Sector Enterprises (CPSEs) in FY25 have reached a record ₹ 69,873 crore so far.
- The government is optimistic that this figure will touch ₹ 70,000 crore by the end of the financial year.
- In FY24, dividend receipts stood at ₹ 63,749.3 crore, the previous highest.
2. Top Dividend Contributors in FY25:
- Coal India: ₹ 10,252.09 crore
- Oil and Natural Gas Corporation (ONGC): ₹ 10,001.97 crore
- Bharat Petroleum Corporation (BPCL): ₹ 3,562.47 crore
- Telecommunications Consultants (India): ₹ 3,761.50 crore
- Hindustan Zinc: ₹ 3,619.06 crore
3. Revised CPSE Dividend Policy:
- Each CPSE must pay a minimum annual dividend of 30% of profit after tax (PAT) or 4% of net worth, whichever is higher (subject to legal provisions).
- CPSEs in the financial sector must pay at least 30% of PAT, within legal limits.
- The stated minimum is a benchmark — CPSEs are encouraged to pay higher dividends, factoring in:
- Profitability
- Capital expenditure needs
- Cash reserves
- Net worth
- Maintaining financial leverage
4. CPSE Profit Growth:
- According to the Public Enterprises Survey, 212 operating CPSEs reported combined net profits of ₹ 3.43 trillion in FY24, up 48% from ₹ 2.18 trillion in FY23.
5. Public Sector Banks (PSBs) Dividend Surge:
- Dividend payouts by 12 PSBs increased by 33% to ₹ 27,830 crore in FY24.
- The government received ₹ 18,013 crore, nearly 65% of this amount.
- PSBs recorded their highest-ever aggregate net profit of ₹ 1.41 trillion in FY24.
- In the first nine months of FY25 (April–December), net profit reached ₹ 1.29 trillion.
6. State Bank of India (SBI) Performance:
- SBI contributed over 40% of public sector bank profits in FY24.
- The bank reported profits of ₹ 61,077 crore, 22% higher than the previous fiscal (₹ 50,232 crore).
7. Historical Dividend Trend:
- Total dividend receipts since FY15: ₹ 531,453.23 crore
- Dividend receipts have consistently risen from ₹ 31,691.91 crore in FY15 to nearly ₹ 70,000 crore in FY25.
