Emami Stock And 2 More Indian Dividend Picks Yielding Above 3%

Global inflation readings are moving in different directions, and energy costs are a big reason. That mix can leave share prices choppy while dividends do more of the heavy lifting. For investors who want income that does not rely on guessing the next policy move, the Dividend Powerhouses screener is a useful tool. This article highlights three stocks from the list that currently offer yields of at least 3%.

The three stocks below are just a sample, and the full screen surfaced 33 more companies with income profiles and stories that are not covered here. To go straight to the source, analyze, compare, and identify your own candidates using the Dividend Powerhouses (3%+ Yield) screener.

Emami (BSE:531162)

Overview: Emami is a Kolkata headquartered consumer company that focuses on personal and healthcare products, from antiseptic creams and cool oils to ayurvedic remedies, male grooming and beverages, sold in India and overseas under brands such as BoroPlus, Navratna, Zandu, Kesh King and The Man Company. Its portfolio spans mass personal care, premium wellness and digitally led brands, giving it exposure to both traditional retail and newer online channels.

Operations: Emami generates about ₹39,146 million in revenue from personal and healthcare products, with roughly ₹32,528 million coming from India and ₹6,619 million from international markets.

Market Cap: ₹173.27 billion

Emami sits at an interesting crossroads for dividend focused investors. The company has a high and reliable 3.02% dividend yield, a long established portfolio of brands in personal care and healthcare, and forecasts that point to steady revenue and earnings growth supported by strong expected returns on equity. At the same time, recent results show softer earnings, pressure in categories like talc and male grooming, and a stock price that screens as richer than some cash flow estimates. Add in rising competition from digitally native rivals and questions around how quickly international sales can scale, and you get a mix of quality, income and risk that rewards closer scrutiny rather than a quick verdict.

Emami’s yield and brand reach could be masking a more interesting story around how future cash flows compare with today’s share price. Get the full picture with the DCF valuation analysis for Emami

Build your own dividend shortlist around Emami

Emami and the two other stocks in this article all came from a single screen, but the real value comes when you shape the filters yourself. Use our flexible Screener to mix factors like dividend yield, balance sheet strength, valuation and risks, or tap into any of our curated Investing Ideas for ready made starting points.

Zensar Technologies (BSE:504067)

Overview: Zensar Technologies is a Pune headquartered IT services company that helps clients in sectors such as banking, insurance, healthcare, manufacturing and telecom modernize their technology through digital consulting, application development, cloud services and AI based solutions across the Americas, Europe, Africa and India.

Operations: Zensar Technologies generates about ₹45,002 million in revenue from Digital and Application Services and ₹13,105 million from Cloud Infrastructure and Security.

Market Cap: ₹112.49 billion

Zensar Technologies stands out on the Dividend Powerhouses list because it combines a roughly 3% yield with an AI focused service mix that management is pushing deeper into recurring managed services. Recent launches like ZenseAI.AssureAI show how the company is trying to tie itself into clients' core AI and data workflows, while a P/E below both the broader Indian market and many IT peers points to more modest expectations than some competitors carry. The flip side is real. Growth is currently expected to trail the wider market, cost pressures are a live issue and the share price has been volatile. For income investors, the key question is how those trade offs stack up against the cash flow being returned to shareholders.

Zensar Technologies sits at the crossroads of AI ambition and dividend income, yet the real story may lie in how the market is pricing that mix. Get the full context with the analysis report for Zensar Technologies

Gujarat Energy (NSEI:GUJENERGY)

Overview: Gujarat Energy is a Gandhinagar based utility that distributes natural gas to households, commercial users and industries across several Indian states, runs an extensive CNG station network, owns wind power assets, is piloting green hydrogen blending and also provides IT services for government e‑governance projects.

Market Cap: ₹188.86 billion

Gujarat Energy gives dividend focused investors a mix of income, scale and transition potential that is hard to ignore. The company runs a large city gas and CNG network, is adding cleaner fuel offerings such as propane and renewables, and has been reporting strong quarterly numbers, with Q1 FY2027 revenue of ₹99,644.2 million and net income of ₹9,992.3 million. At the same time, earnings and revenue growth forecasts trail the wider Indian market and the business carries funding and policy risks around gas sourcing, capital spending and long term pressure from electric vehicles and renewables. For investors willing to weigh those trade offs, Gujarat Energy offers a 3.24% dividend yield and a business that is still evolving beyond pure gas distribution.

Gujarat Energy’s dividend story could be masking how its gas network, renewables and green hydrogen trials fit together. See how the market is weighing that mix in the analysis report for Gujarat Energy

Seeking Alternatives Before The Crowd Moves

Fresh opportunities can move from quiet to flying fast. Consider potential breakouts and steady momentum ideas while they are still under the radar for now.

• Spot resilient companies that keep their footing when markets wobble by scanning a curated 301 resilient stocks with low risk scores before others identify what is driving their strength.
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• Find growth stories tied to real cash generation by checking the hand picked 71 profitable AI stocks that aren't just burning cash before changes in AI-related sentiment affect these stocks.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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