Vijay Kedia's Top Dividend Stocks Drive Over Rs 3.8 Crore in FY26 Earnings Ace investor Vijay Kedia's portfolio delivered robust dividend income in fiscal year 2026, with four key stocks contributing over Rs 3.05 crore to his earnings. The investor's strategy of focusing on consistent dividend-paying companies proved resilient amid market volatility, as his total dividend income surpassed Rs 3.8 crore. These four stocks accounted for the majority of his dividend returns, highlighting the effectiveness of his long-term holding approach. The first standout stock in Kedia's portfolio is an omnichannel e-tailer specializing in fashion jewelry, accessories, and lifestyle products. This company generated the highest dividend contribution, with Kedia earning Rs 2 crore from his holdings. The firm announced a dividend of Rs 6 per share, and Kedia owned 33.75 lakh shares as of the March 2026 quarter. This significant return underscores the company's strong financial position and its ability to reward shareholders consistently. Elecon Engineering, a manufacturer and seller of power transmission and material handling equipment, was another key contributor. Kedia received Rs 45 lakh in dividends from his stake in the company. The firm distributed Rs 2 per share, and Kedia held 22.5 lakh shares. This steady dividend income reflects Elecon's stable business model and its ability to maintain profitability despite industry challenges. Sudarshan Chemical Industries, which produces organic and inorganic pigments, mica-based effect pigments, chemical intermediates, and pesticides, also played a major role. Kedia earned Rs 45 lakh from this stock, with the company paying Rs 4.5 per share in FY26.#hyderabad #vijay_kedia #elecon_engineering #sudarshan_chemical_industries #neuland_laboratories
Elecon Engineering's Stock Attracts DIIs Amid Strong Order Book and Strategic Shifts Domestic institutional investors (DIIs) have shown consistent interest in Elecon Engineering, a Gujarat-based industrial engineering firm, over the past three years. Despite challenges from global headwinds affecting one of its key segments, the company has seen its DII stake nearly triple, rising from 2.02% in June 2023 to 5.67% in March 2026. This steady accumulation, coupled with the presence of ace investor Vijay Kedia among its shareholders and a robust order book, suggests the rising DII confidence is more than a temporary trend. A key indicator of Elecon's strong demand is its open order book, which stood at ₹1,292 crore as of March 31, 2026—a 36% increase compared to the same period in 2025. This reflects sustained customer demand across its business, even amid a challenging global environment. The company’s full-year order intake reached ₹2,660 crore, up 12% year-on-year, signaling continued fresh business inflows. For investors, this growing order book provides greater revenue visibility over the next few quarters and reduces uncertainty around near-term earnings. With an encouraging inquiry pipeline, Elecon appears well-positioned to maintain its intake momentum into fiscal year 2027. The Material Handling Equipment (MHE) segment has emerged as a standout performer within Elecon’s operations. In the fourth quarter of fiscal year 2026, the MHE division reported revenue of ₹274 crore, a 36.8% year-on-year increase. For the full year, adjusted revenue grew by 38.1% compared to the previous year. This growth is attributed to a product-first strategy and an expanding aftermarket services opportunity.#indian_navy #domestic_institutional_investors #vijay_kedia #elecon_engineering #material_handling_equipment
