Bihar Sponge Iron Dividend & Ex-dividend History
BIHSPONG • No Dividend Payments
Performance Comparison: Capital Gains vs. Sector Dividend Yield
Financial Position Facts
Key financial metrics showing how the company uses its profits
Profitability
Revenue (None)
₹357 Cr
Net Profit
₹14 Cr
Profit Margin
3.9%
Profits retained for growth
Cash Generation
Operating Cash Flow
₹8 Cr
Free Cash Flow
₹-1 Cr
Available for reinvestment or dividends
Metals & Mining Sector Dividend Landscape
See how Bihar Sponge Iron compares to other companies in the sector
90.0%
Companies Pay Dividends
4.48%
Average Dividend Yield
17.15%
Highest Yield
20
Total Companies Analyzed
Top Dividend-Paying Companies in Metals & Mining
JSW Steel
JSWSTEEL
0.99%
Vedanta
VEDL
11.77%
Tata Steel
TATASTEEL
17.15%
Hindustan Zinc
HINDZINC
7.79%
Adani Enterprises
ADANIENT
0.14%
Dividend Alternatives in Metals & Mining
If you're looking for dividend income, consider these alternatives in the same sector
Dividend vs. Non-Dividend Performance
Compare how dividend and non-dividend companies have performed in the sector (1-year returns)
Dividend-Paying Peers
Average Price Return
7.08%
Ashapura Minechem
0.19% dividend yield
53.98%
20 Microns
0.35% dividend yield
1.54%
Aeonx Digital Technology
0.36% dividend yield
-6.05%
Non-Dividend Peers
Average Price Return
23.03%
Ankit Metal & Power
No dividend payments
-15.12%
Ashoka Metcast
No dividend payments
-13.34%
Arfin
No dividend payments
133.4%
Tax Implications: Capital Gains vs. Dividends
Understanding the tax efficiency of non-dividend stocks
Capital Gains Tax
Long-term (>1 year)
10.0%
LTCG Exemption
₹100,000
Short-term (<1 year)
15.0%
Long-term capital gains (>1 year holding) taxed at 10% above ₹1 lakh exemption
Dividend Tax
TDS Rate
10.0%
Tax Treatment
Added to Income
Dividends are subject to TDS at 10% if annual dividend exceeds ₹5,000
Frequently Asked Questions
Q: Why doesn't Bihar Sponge Iron pay dividends?
Based on available financial data, Bihar Sponge Iron retains its earnings for business operations and growth.
The company reported ₹14 crores in net profit
for None, which has been retained rather than distributed as dividends.
Companies typically retain earnings to fund expansion, reduce debt, or build cash reserves.
Q: How does this compare to other companies in Metals & Mining?
In the Metals & Mining sector, 90.0% of companies currently pay dividends
with an average yield of 4.48%. Bihar Sponge Iron is among the
2 companies in our database that don't pay dividends.
Q: What returns have investors received instead of dividends?
Historical price performance data is not available for detailed analysis.
Q: Should I invest in this stock if I want income?
This stock provides returns through price appreciation rather than dividend income. For income-focused investors:
- Consider the tax efficiency of capital gains vs. dividends for your situation
- Look at dividend-paying alternatives in the same sector
- Consider combining growth stocks with dividend stocks for a balanced portfolio
Q: What's the tax difference between capital gains and dividends?
Current tax rates in India:
- Dividend income: 10% TDS (if annual dividend exceeds ₹5,000), added to taxable income
- Long-term capital gains: 10% on gains above ₹1,00,000
- Short-term capital gains: 15% flat rate
For complete stock analysis, visit Bihar Sponge Iron stock screener page — includes live share price, financial ratios, and screener fundamentals.