The Nadar family has taken the top spot as India’s highest-earning promoter from listed company dividends in FY25. Their total dividend income stood at a massive ₹9,906 crore from HCL Technologies, beating Azim Premji and Anil Agarwal by a wide margin.
This is not just a financial update. It’s a shift in power.
How the Nadar Family Got There
HCL Technologies, the company founded by Shiv Nadar, declared a total dividend of ₹16,290 crore in FY25. The Nadar family owns 60.82% of HCL Tech. That’s how they received ₹9,906 crore this year—up from ₹8,585 crore in FY24.
HCL’s other listed company, simply named HCL, did not pay any dividend in FY24 or FY25. But that didn’t stop the Nadar family from hitting the top of the chart.
This climb shows how steady and profitable HCL Technologies has remained—even as others faltered.
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Azim Premji’s Drop
Azim Premji, once leading the list, saw a major fall in dividend income. His family earned ₹4,570 crore in FY25—nearly half of what they got last year (₹9,128 crore).
Why the drop? In FY24, Wipro had a ₹12,000 crore share buyback, which gave Premji’s family a big boost. This year, there was no buyback. That’s what made the difference.
The Premji family still owns 72.7% of Wipro, through a mix of personal holdings and private firms. But ownership alone doesn’t guarantee a top spot—payout strategy matters too.
Who Else Was in the Race?
Vedanta’s Anil Agarwal was also in the running. But the latest data, reported by Business Standard, confirms that Nadar family now leads.
The analysis only includes:
- Dividend and buyback income from listed companies
- Payouts to individual promoters and their unlisted firms
- Excludes government firms, Tata Group, L&T, HDFC Bank, ICICI, and MNCs
What This Means
This isn’t just about money. It’s about stability, planning, and strong business roots.
The Nadar family’s rise shows how long-term thinking, strong holding, and consistent company performance can put you ahead—even in India’s most elite business circles.
It’s a proud moment not just for the family, but for Indian tech as well. HCL Technologies continues to pay big, grow steady, and lead from the front.
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