Chemicals & Petrochemicals
Valuation | |
|---|---|
| Market Cap | 4.13 kCr |
| Price/Earnings (Trailing) | -19.1 |
| Price/Sales (Trailing) | 0.94 |
| EV/EBITDA | 32.79 |
| Price/Free Cashflow | -29.61 |
| MarketCap/EBT | -14.52 |
| Enterprise Value | 5.57 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 0.20% |
| Price Change 1M | 3.1% |
| Price Change 6M | -36.4% |
| Price Change 1Y | -44.2% |
| 3Y Cumulative Return | -15.1% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -407.37 Cr |
| Cash Flow from Operations (TTM) |
| Revenue (TTM) |
| 4.38 kCr |
| Rev. Growth (Yr) | 3.6% |
| Earnings (TTM) | -218.28 Cr |
| Earnings Growth (Yr) | -63.2% |
Profitability | |
|---|---|
| Operating Margin | -6% |
| EBT Margin | -6% |
| Return on Equity | -11.18% |
| Return on Assets | -3.37% |
| Free Cashflow Yield | -3.38% |
| 171.67 Cr |
| Cash Flow from Financing (TTM) | 66.09 Cr |
| Cash & Equivalents | 452.44 Cr |
| Free Cash Flow (TTM) | -210.56 Cr |
| Free Cash Flow/Share (TTM) | -13.32 |
Balance Sheet | |
|---|---|
| Total Assets | 6.47 kCr |
| Total Liabilities | 4.52 kCr |
| Shareholder Equity | 1.95 kCr |
| Current Assets | 1.64 kCr |
| Current Liabilities | 2.8 kCr |
| Net PPE | 4.44 kCr |
| Inventory | 694.01 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.29 |
| Debt/Equity | 0.97 |
| Interest Coverage | -2.19 |
| Interest/Cashflow Ops | 1.73 |
Dividend & Shareholder Returns | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Balance Sheet: Reasonably good balance sheet.
Smart Money: Smart money has been increasing their position in the stock.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Underperforming stock! In past three years, the stock has provided -15.1% return compared to 12.8% by NIFTY 50.
Dividend: Stock hasn't been paying any dividend.
Balance Sheet: Reasonably good balance sheet.
Smart Money: Smart money has been increasing their position in the stock.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Underperforming stock! In past three years, the stock has provided -15.1% return compared to 12.8% by NIFTY 50.
Dividend: Stock hasn't been paying any dividend.
Investor Care | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | -13.68 |
Financial Health | |
|---|---|
| Current Ratio | 0.59 |
| Debt/Equity | 0.97 |
Technical Indicators | |
|---|---|
| RSI (14d) | 43.73 |
| RSI (5d) | 84.17 |
| RSI (21d) | 53.83 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Chemplast Sanmar's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the Q2 FY '26 earnings call, Chemplast Sanmar Limited management provided a cautious yet optimistic outlook for the business. The company reported a revenue of INR 1,033 crores with an EBITDA of INR 43 crores, showing improvements both year-on-year and quarter-on-quarter driven largely by better margins in the Suspension PVC segment.
Management highlighted that while current business conditions are challenging due to ongoing low-priced imports, particularly from European Union producers, they expect a normalization in the global PVC supply-demand dynamics thanks to capacity rationalizations and anti-dumping measures in various regions, particularly in China. They anticipate that new capacities in the Paste PVC and Custom Manufactured Chemicals divisions will bolster performance going forward.
Key highlights included:
In summary, the management's outlook is focused on recovery through operational improvements and strategic capacity expansions while navigating the headwinds of market volatility caused by imports and pricing pressures.
Understand Chemplast Sanmar ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| SANMAR HOLDINGS LIMITED | 54.99% |
| SBI ELSS TAX SAVER FUND | 9.85% |
| ICICI PRUDENTIAL MIDCAP FUND | 5.47% |
| AXIS MUTUTAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND | 3.67% |
| FRANKLIN INDIA SMALL CAP FUND | 2.67% |
| MIRAE ASSET LARGE CAP FUND | 1.39% |
| CUSTODY BANK OF JAPAN LTD RE:RB AMUNDI INDIA SM |
Detailed comparison of Chemplast Sanmar against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| PIDILITIND | Pidilite Industries | 1.5 LCr | 14.44 kCr | -2.40% | +2.10% | 65.26 | 10.36 | - | - |
| SRF | SRF | 86.15 kCr | 15.6 kCr |
Comprehensive comparison against sector averages
CHEMPLASTS metrics compared to Chemicals
| Category | CHEMPLASTS | Chemicals |
|---|---|---|
| PE | -19.53 | 22.42 |
| PS | 0.96 | 1.04 |
| Growth | 6.3 % | 3.4 % |
Chemplast Sanmar Limited engages in manufacturing and selling of specialty chemicals in India. The company offers specialty paste PVC resins; custom manufactured chemicals, such as organic chemicals, and phyto chemicals comprising colchicine and thiocolchicoside; hydrogen peroxide; and industrial salt. It also provides chlorochemicals, such as caustic chlor products, including caustic soda lye and flakes, chlorine, hydrochloric acid, and hydrogen; refrigerant gas, that includes hydrochlorofluorocarbons under brand name Mettron; and solvents comprising chloromethanes products, such as methyl chloride, methylene dichloride, chloroform, and carbon tetrachloride. The company offers its products for agrochemical, pharmaceutical, fine chemicals, pulp and paper, textile, water treatment, chemical synthesis, sterilisation, bleaching, and effluent treatment. It also exports its products. The company was formerly known as Chemicals and Plastics India Limited and changed its name to Chemplast Sanmar Limited in September 1995. Chemplast Sanmar Limited was incorporated in 1962 and is based in Chennai, India. Chemplast Sanmar Limited is a subsidiary of Sanmar Holdings Limited.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
CHEMPLASTS vs Chemicals (2022 - 2026)
Question: "Starting with the refrigerant gas R32, any update you want to share about the capacity planning? Any work started there on R32 plant?" Answer: Yes, we are working on capacity for refrigerant gas. We've initiated construction on the swing plant of our existing R22 plant in Mettur and are setting up another 2 kt plant, along with a planned 10 kt plant. Regulatory frameworks will influence our decisions as we progress.
Question: "What's dragging our stand-alone business down, given the mature CSM business and full capacity in the Paste PVC new plant?" Answer: The primary reason is continued softness in the Paste PVC business, where prices are low due to imports, alongside the caustic soda and chloromethane business performance. Despite good dispatches in CSM, we are still feeling the impact from the agrochemical slowdown.
Question: "Do we still hold the guidance of INR 1,000 crores for CSM by FY'27?" Answer: Yes, our pipeline remains robust; we've commercialized three molecules this year and anticipate one more in Q4. Despite some current price pressures, we expect the long-term demand outlook to remain strong.
Question: "Any comments on the PVC ADD plant and the notification from the Finance Ministry?" Answer: The final findings for ADD were recommended in August and now we're awaiting confirmation on the effective date. If the ADD isn't implemented, it could lead to increased low-cost imports, impacting both the domestic market and compliance with quality standards.
Question: "On the PVC ADD side, can you clarify why European companies are able to dump products?" Answer: While European producers claim high cost levels, they appear to cross-subsidize exports by maintaining high domestic prices. This practice is at the core of our antidumping application against them.
Question: "What is the situation with the removal of BIS quality control orders?" Answer: The removal of the QCO is concerning as it's crucial for maintaining high quality in products like PVC, especially those used in drinking water. This decision should be reconsidered for public health and safety reasons.
Question: "When can we expect CMCD to become self-sustaining?" Answer: We expect CMCD to achieve this by '27-'28, aligned with projected revenues of INR 1,000-1,200 crores, allowing it to fund its future capex.
Question: "Can you provide an update on the capacity planning for R32?" Answer: The clear determination of R32 quotas will only occur around 2027, based on India's need for AC demand and current capacity levels.
| 1.33% |
| TCI SANMAR CHEMICALS S.A.E , EGYPT | 0% |
| SANMAR OVERSEAS INVESTMENTS AG , SWITZERLAND | 0% |
| VIBRANT TRADING SG PTE LTD, SINGAPORE | 0% |
| SANMAR CHEMICAL ENTERPRISES LIMITED | 0% |
| SANMAR GROUP INTERNATIONAL LIMITED | 0% |
| KULATHU VENKATASUBRAMANIAN | 0% |
| MAHADEVAN RAMAN | 0% |
| SATYA NARAYAN NAYAK | 0% |
| NATARAJAN MURALIDHARAN | 0% |
| PALLIKONDAN VEDACHALAM SRIRAM | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -4.80% |
| -1.80% |
| 48.41 |
| 5.52 |
| - |
| - |
| TATACHEM | Tata Chemicals | 18.08 kCr | 14.97 kCr | -6.00% | -24.00% | 49.39 | 1.21 | - | - |
| AARTIIND | Aarti Industries | 16.45 kCr | 8.05 kCr | +20.90% | -2.60% | 58.38 | 2.04 | - | - |
| VINATIORGA | Vinati Organics | 15.87 kCr | 2.31 kCr | -5.20% | -13.60% | 35.83 | 6.87 | - | - |
| 1,102 |
| 1,195 |
| 1,238 |
| 1,131 |
| 1,069 |
| 1,124 |
| Profit Before exceptional items and Tax | 27.7% | -62.19 | -86.41 | -72.89 | -62.97 | -65.46 | 32 |
| Total profit before tax | 27.7% | -62.19 | -86.41 | -72.89 | -62.97 | -65.46 | 32 |
| Current tax | - | 0 | 0 | 0 | -2.68 | -2.93 | 5.61 |
| Deferred tax | 47.5% | -11.15 | -22.16 | -18.72 | -11.47 | -31.25 | 2.73 |
| Total tax | 47.5% | -11.15 | -22.16 | -18.72 | -14.15 | -34.18 | 8.34 |
| Total profit (loss) for period | 20.2% | -51.04 | -64.25 | -54.17 | -48.82 | -31.28 | 24 |
| Other comp. income net of taxes | 0.8% | -0.18 | -0.19 | 432 | 0.3 | 45 | 0.23 |
| Total Comprehensive Income | 20.2% | -51.22 | -64.44 | 378 | -48.52 | 14 | 24 |
| Earnings Per Share, Basic | 16.1% | -3.21 | -4.02 | -3.39 | -3.061 | -1.95 | 1.51 |
| Earnings Per Share, Diluted | 16.1% | -3.21 | -4.02 | -3.39 | -3.061 | -1.95 | 1.51 |
| Debt equity ratio | 35% | 0.9673 | 0.9497 | 089 | 097 | 0.01 | 08 |
| Debt service coverage ratio | 24.5% | 0.4173 | 0.2285 | 084 | -05 | 0.01 | 034 |
| Interest service coverage ratio | 28.9% | -0.0313 | -0.45 | -018 | -007 | 0 | 0.0151 |
| 23 |
| 136 |
| Depreciation and Amortization | 38.7% | 148 | 107 | 92 | 91 |
| Other expenses | 16.1% | 868 | 748 | 814 | 607 |
| Total Expenses | 36.1% | 2,521 | 1,853 | 2,006 | 1,611 |
| Profit Before exceptional items and Tax | 28.2% | -111.9 | -156.17 | 216 | 434 |
| Exceptional items before tax | - | 0 | 0 | -49.8 | 0 |
| Total profit before tax | 28.2% | -111.9 | -156.17 | 167 | 434 |
| Current tax | 40.5% | 0 | -0.68 | 37 | 81 |
| Deferred tax | 10.1% | -46.33 | -51.62 | -15.81 | -27.03 |
| Total tax | 11.2% | -46.33 | -52.3 | 21 | 54 |
| Total profit (loss) for period | 36.5% | -65.57 | -103.87 | 146 | 379 |
| Other comp. income net of taxes | 71455.9% | 422 | 0.41 | 0.36 | 126 |
| Total Comprehensive Income | 439.8% | 356 | -103.46 | 146 | 505 |
| Earnings Per Share, Basic | 32% | -4.15 | -6.57 | 9.21 | 25.54 |
| Earnings Per Share, Diluted | 32% | -4.15 | -6.57 | 9.21 | 25.54 |
| Debt equity ratio | 0.1% | 024 | 017 | 005 | 0 |
| Debt service coverage ratio | 0.9% | 0.0129 | 035 | 0.0668 | 0.0421 |
| Interest service coverage ratio | 3.3% | -03 | -0.0372 | 0.09 | 0.0421 |
| 0.3% |
| 1,561 |
| 1,556 |
| 1,556 |
| 1,556 |
| 1,556 |
| 1,556 |
| Total non-current financial assets | 0.4% | 1,592 | 1,586 | 1,585 | 1,582 | 1,581 | 1,575 |
| Total non-current assets | 2.4% | 5,360 | 5,233 | 4,787 | 4,713 | 4,506 | 4,212 |
| Total assets | 0.5% | 6,473 | 6,439 | 5,885 | 5,830 | 5,526 | 5,494 |
| Borrowings, non-current | 16.9% | 679 | 581 | 530 | 499 | 394 | 204 |
| Total non-current financial liabilities | 15.1% | 718 | 624 | 576 | 547 | 447 | 263 |
| Total non-current liabilities | 7.5% | 1,061 | 987 | 984 | 1,028 | 939 | 787 |
| Borrowings, current | 24.6% | 508 | 408 | 200 | 151 | 100 | 2.87 |
| Total current financial liabilities | 2.9% | 1,232 | 1,197 | 975 | 910 | 618 | 716 |
| Provisions, current | - | 1.19 | 0 | 3.28 | 2.17 | 1.87 | 0.92 |
| Current tax liabilities | 0% | 17 | 17 | 18 | 18 | 15 | 21 |
| Total current liabilities | 1.9% | 1,279 | 1,255 | 1,026 | 962 | 657 | 763 |
| Total liabilities | 4.4% | 2,340 | 2,242 | 2,010 | 1,990 | 1,596 | 1,550 |
| Equity share capital | 0% | 79 | 79 | 79 | 79 | 79 | 79 |
| Total equity | -1.5% | 4,133 | 4,197 | 3,875 | 3,840 | 3,930 | 3,944 |
| Total equity and liabilities | 0.5% | 6,473 | 6,439 | 5,885 | 5,830 | 5,526 | 5,494 |
| 111% |
| Repayments of borrowings | 17846.4% |
| Payments of lease liabilities | 0% |
| Interest paid | 156.2% |
| Other inflows (outflows) of cash | - |
| Net Cashflows from Financing Activities | -38% |
| Net change in cash and cash eq. | 152.5% |
Analysis of Chemplast Sanmar's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Specialities | 50.7% | 558.1 Cr |
| Commodity | 49.3% | 542 Cr |
| Total | 1.1 kCr |