Vijay Kedia Portfolio: How Much Dividend Did the Ace Investor Earn in FY26? Vijay Kedia, the founder and managing director of Kedia Securities Pvt. Ltd., is among India's most closely monitored retail investors. Known for his SMILE investment framework, which focuses on small and mid-cap companies with strong leadership potential, he has been investing in Indian equities for over four decades. His portfolio, which includes 22 publicly held stocks with a net worth exceeding ₹1,246.4 crore, generates significant passive income through dividends. In fiscal year 2026, his dividend earnings surpassed ₹3.81 crore, with four of his top ten holdings by value contributing the majority of this income. Kedia’s investment strategy emphasizes long-term growth, but his concentrated portfolio also benefits from steady cash flows. While capital gains often dominate headlines, his dividend income highlights the dual advantages of investing in quality businesses. Among his top ten holdings, four companies stood out as the primary contributors to his dividend earnings in FY26. These positions not only reflect his high-conviction bets but also demonstrate the reliability of passive income from well-managed firms. Neuland Laboratories, a Hyderabad-based manufacturer of active pharmaceutical ingredients, was one of the key contributors. The company paid a dividend of ₹12 per share during the year. With Kedia holding 1.3 lakh shares, this position generated ₹15.6 lakh in dividend income. Similarly, Elecon Engineering Company, a major player in industrial gears and material handling equipment, declared a dividend of ₹2 per share. Kedia’s holding of 22.5 lakh shares earned him ₹45 lakh from this position.#vijay_kedia #sudarshan_chemical_industries #neuland_laboratories #kedia_securities_pvt_ltd #elecon_engineering_company
