Central Government Receives Around Rs 4,471 Crore As Dividend Payout From GAIL, BPCL, HUDCO, NSIC, NALCO, Mazagon Dock Shipbuilders

The central government had received around Rs 4,471 crore in the form of dividends payouts from six public sector companies – Bharat Petroleum Corporation Limited (BPCL), GAIL India, HUDCO, National Small Industries Corporation (NSIC) as per a recent data revealed by the Department of Investment and Public Asset Management (DIPAM).

DIPAM revealed the data on its official social media handle on X (formerly Twitter). The central government has received dividends from companies via its stakeholding in the above companies.

Dividend Breakouts

A descriptive view of the dividends released by these Public Sector Union (PSU) companies.

GAIL

The central government held around 52 per cent shareholding in the large-cap company as of the December 2024 quarter.

The central government has gotten Rs 2,202 crore from Maharashtra PSU GAIL India. GAIL share price was trading in the red, down 2.14 per cent at Rs 161.05, on February 25, at 2:26 pm, on NSE.

BPCL

The central government has received approximately Rs 1,149 crore from the oil market company (OMC) BPCL. Till December 2024, the government had the majority stake in its kitty about 52.98 per cent in the oil company.

BPCL share price was trading in the red, down 0.90 per cent at Rs 248.75, on February 25, at 2:26 pm, on NSE. 

HUDCO

The central government received a Rs 308 crore dividend from HUDCO as it had a 75 per cent stakeholding in the company towards the end of the December 2024 quarter.

HUDCO share price was trading in the red, down 1.25 per cent at Rs 179.7, on February 25, at 2:26 pm, on NSE.

National Small Industries Corporation

National Small Industries Corporation’s payout in dividends of Rs 38 crore to the central government, as per the data shared by DIPAM.

Mazagon Dock Shipbuilders Ltd

The government has received about Rs 397 crore for the financial year 2024-25. As of September 2024, the government of India held 84.83 per cent shares in Mazagon Dock Shipbuilders. The company is a defence PSU (Public Sector Undertaking). Mazagon Dock Shipbuilders share price was down 1.13 per cent at Rs 2,126.75, on February 25, at 2:45 pm, on NSE.

NALCO

Meanwhile, the Government has received Rs 377 crore from NALCO as dividend tranches for the financial year 2024-25. For the quarter that ended in December 2024, the government held 51.28 per cent of NALCO's equity capital.