Chemicals & Petrochemicals
Valuation | |
|---|---|
| Market Cap | 7.2 kCr |
| Price/Earnings (Trailing) | 42.83 |
| Price/Sales (Trailing) | 1.03 |
| EV/EBITDA | 16.69 |
| Price/Free Cashflow | -173.18 |
| MarketCap/EBT | 66.89 |
| Enterprise Value | 8.64 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 6.99 kCr |
| Rev. Growth (Yr) | 244.6% |
| Earnings (TTM) | 75.13 Cr |
| Earnings Growth (Yr) | -35.5% |
Profitability | |
|---|---|
| Operating Margin | 3% |
| EBT Margin | 2% |
| Return on Equity | 1.92% |
| Return on Assets | 0.77% |
| Free Cashflow Yield | -0.58% |
Growth & Returns | |
|---|---|
| Price Change 1W | 5.2% |
| Price Change 1M | -5.4% |
| Price Change 6M | -37.2% |
| Price Change 1Y | -10.8% |
| 3Y Cumulative Return | 35.6% |
| 5Y Cumulative Return | 12.9% |
| 7Y Cumulative Return | 16.6% |
| 10Y Cumulative Return | 25.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -1.55 kCr |
| Cash Flow from Operations (TTM) | 37.04 Cr |
| Cash Flow from Financing (TTM) | 2.6 kCr |
| Cash & Equivalents | 772.1 Cr |
| Free Cash Flow (TTM) | -57.53 Cr |
| Free Cash Flow/Share (TTM) | -7.32 |
Balance Sheet | |
|---|---|
| Total Assets | 9.75 kCr |
| Total Liabilities | 5.83 kCr |
| Shareholder Equity | 3.92 kCr |
| Current Assets | 5.99 kCr |
| Current Liabilities | 2.74 kCr |
| Net PPE | 2.92 kCr |
| Inventory | 2.81 kCr |
| Goodwill | 6.8 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.23 |
| Debt/Equity | 0.56 |
| Interest Coverage | -0.1 |
| Interest/Cashflow Ops | 1.43 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 4.5 |
| Dividend Yield | 0.49% |
| Shares Dilution (1Y) | 13.5% |
| Shares Dilution (3Y) | 13.5% |
Growth: Awesome revenue growth! Revenue grew 161.3% over last year and 201.7% in last three years on TTM basis.
Size: Market Cap wise it is among the top 20% companies of india.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Reasonably good balance sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 35.6% return compared to 12.8% by NIFTY 50.
Technicals: Bullish SharesGuru indicator.
Dilution: Company has a tendency to dilute it's stock investors.
Growth: Awesome revenue growth! Revenue grew 161.3% over last year and 201.7% in last three years on TTM basis.
Size: Market Cap wise it is among the top 20% companies of india.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Reasonably good balance sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 35.6% return compared to 12.8% by NIFTY 50.
Technicals: Bullish SharesGuru indicator.
Dilution: Company has a tendency to dilute it's stock investors.
Investor Care | |
|---|---|
| Dividend Yield | 0.49% |
| Dividend/Share (TTM) | 4.5 |
| Shares Dilution (1Y) | 13.5% |
| Earnings/Share (TTM) | 21.4 |
Financial Health | |
|---|---|
| Current Ratio | 2.19 |
| Debt/Equity | 0.56 |
Technical Indicators | |
|---|---|
| RSI (14d) | 56.73 |
| RSI (5d) | 76.75 |
| RSI (21d) | 44.64 |
| 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 |
Summary of Sudarshan Chemical Indus.'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.
The management of Sudarshan Chemical Industries Limited provided an optimistic outlook during the conference call post their Q4 FY25 financial results. The Chairman, Rajesh Rathi, emphasized their commitment to integrating the recently acquired Heubach business to enhance operational efficiencies and product offerings.
Key forward-looking points from the management include:
EBITDA Projections: The management expects to achieve an EBITDA of EUR 35 million for the acquired Heubach group in FY26, with a target of EUR 90 million to EUR 100 million over the next three to four years, contingent upon stable market conditions.
Sales Growth: Management indicated that the combined turnover from Sudarshan and Heubach will amount to approximately EUR 1 billion.
Cost Reduction Initiatives: They announced a rigorous cost reduction program aimed at enhancing profitability. The strategies include operational integration, optimizing procurement processes, and improving manufacturing yields.
Customer Focus: A strong emphasis was placed on revamping customer service operations, with plans to enhance direct communication between sales teams and customers to bolster relationships and trust.
Market Environment: The company concedes challenges posed by geopolitical uncertainties and inventory destocking but notes that many customers seek reliable, long-term partnerships, which the management views as a positive foundation for growth.
Working Capital: There is a clear commitment to managing working capital effectively, with some room anticipated for improvement in the coming years.
Operational Footprint: The management expressed confidence in leveraging their global footprint, including 19 manufacturing sites across 11 countries, to respond flexibly to market demands.
Overall, the management's outlook reflects strong optimism about capitalizing on the merger while navigating market challenges.
Understand Sudarshan Chemical Indus. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Tata Mutual Fund - Tata Small Cap Fund | 7.43% |
| Hdfc Small Cap Fund | 7.37% |
| Akash Bhanshali | 7.13% |
| Anuj Narayandas Rathi | 6.93% |
| RAJESH BALKRISHNA RATHI | 5.15% |
| Pradeep Ramwilas Rathi | 4.36% |
| Rahul Pradeep Rathi | 3.85% |
Detailed comparison of Sudarshan Chemical Indus. 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 |
|---|---|---|---|---|---|---|---|---|---|
| ATUL | Atul | 18.41 kCr | 6.22 kCr | +1.20% | +0.80% | 30.98 | 2.96 | - | - |
| VINATIORGA | Vinati Organics | 15.87 kCr | 2.31 kCr |
Comprehensive comparison against sector averages
SUDARSCHEM metrics compared to Chemicals
| Category | SUDARSCHEM | Chemicals |
|---|---|---|
| PE | 43.83 | 31.00 |
| PS | 1.05 | 1.07 |
| Growth | 161.3 % | 48.5 % |
Sudarshan Chemical Industries Limited, together with its subsidiaries, manufactures and sells organic, inorganic, effect pigments, and dispersions in India, the United States, Europe, China, Mexico, Japan, and internationally. It operates in two segments, Pigments and Others. The company offers its pigment products under the Sudaperm, Sudatex, Sudafine, Sudacolor, Sudafast, Sumica, Sudadur, Sudasol, Sumicos, Sudatherm, Sudajet, Sudanyl, Sudacos, and Prestige brands that are used in coatings, paints, plastics, inks, cosmetics, textiles, printing, and other applications. It also manufactures pollution control equipment, size reduction equipment, pneumatic conveying systems, and grinding equipment for industrial applications; and clean air, grinding, and power handling solutions. The company was incorporated in 1951 and is headquartered in Pune, India.
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.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
SUDARSCHEM vs Chemicals (2021 - 2026)
Here are the major questions and their detailed answers from the Q&A section of the earnings transcript:
Question: What is the total addressable market and its growth rate approximately? Answer: The organic pigment market is about USD 5 billion, with a growth rate of approximately 3%.
Question: What are the expected integration-related costs for FY '26 and FY '27 after the Heubach acquisition? Answer: We anticipate about EUR 10 million in integration costs for FY '26. We haven't planned for any further costs in FY '27 at this time.
Question: Are you considering cost-cutting measures, optimizing costs, and facilities now? Answer: We do not plan to optimize any manufacturing or close facilities, as the rightsizing at the Frankfurt site was completed prior to acquisition. We are driving a substantial cost reduction initiative throughout the organization.
Question: What led to the revenue decline in RIECO and how do you plan to regain that revenue? Answer: The revenue drop at RIECO was due to lower orders and project execution challenges. We're rebuilding the organization with experienced talent to restore project execution capabilities and have implemented strict cost controls.
Question: What margin range should we expect at RIECO in the future? Answer: Currently, RIECO operates at the lower end of the EBITDA percentage, and we expect it to deliver between 7% to 8% as a starting point, with plans to increase it to double-digit margins over time.
Question: How do you see the cost competitiveness of your European operations compared to emerging markets? Answer: Manufacturing in Europe incurs higher costs. However, our strategy is to produce only specialty products that benefit from higher gross margins and customer reliability, making it strategically viable despite the costs.
Question: What drivers do you foresee for EBITDA margin expansion in your operations? Answer: Key drivers for EBITDA margin expansion will be ongoing cost reduction initiatives and efforts to win back lost business, alongside improved operational efficiencies as we integrate our systems.
Question: Over what time frame do you expect inventory to normalize after the acquisition? Answer: It will likely take the entire financial year for inventory levels to normalize as we work on resolving our planning processes and supply chain issues.
Question: Are there any remaining payments due for the acquisition of Heubach? Answer: There are no remaining payments for the acquisition; the entire amount of EUR 151 million has been settled.
Question: What will drive the EBITDA margin expansion beyond cost initiatives post-acquisition? Answer: Apart from cost initiatives, we expect to see improvements through winning back customers, optimizing product offerings, and enhancing the technical capabilities across our operations.
| Vijaykumar Ramchandra Rathi | 2.66% |
| Rohit Kishor Rathi | 2.62% |
| Franklin India Opportunites Fund | 2.57% |
| Theleme India Master Fund Limited | 1.68% |
| SOW RACHNA RATHI FAMILY TRUST (TRUSTEES - RAJESH BALKRISHNA RATHI AND RACHNA RAJESH RATHI) | 1.54% |
| Lata Bhanshali | 1.46% |
| Vijay Kishanlal Kedia | 1.27% |
| MANAN AJAY RATHI | 0.67% |
| BALKRISHNA RATHI FINANCE PRIVATE LIMITED | 0.59% |
| RAJESH BALKRISHNA RATHI (HUF) (KARTA - RAJESH BALKRISHNA RATHI) | 0.23% |
| RACHNA RAJESH RATHI | 0.02% |
| AJAY BALKRISHNA RATHI | 0% |
| AJOY BALKRISHNA RATHI (HUF) (KARTA - AJAY BALKRISHNA RATHI) | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -5.20% |
| -13.60% |
| 35.83 |
| 6.87 |
| - |
| - |
| BALAMINES | Balaji Amines | 3.58 kCr | 1.41 kCr | +3.10% | -36.40% | 24.98 | 2.54 | - | - |
| 2,396 |
| 2,458 |
| 635 |
| 647 |
| 596 |
| 689 |
| Profit Before exceptional items and Tax | -74.3% | 20 | 75 | 36 | 54 | 41 | 78 |
| Exceptional items before tax | - | 0 | 0 | -30.83 | -11.16 | 0 | 0 |
| Total profit before tax | -74.3% | 20 | 75 | 4.69 | 43 | 41 | 78 |
| Current tax | -39.1% | 43 | 70 | 11 | 24 | 17 | 12 |
| Deferred tax | 22.9% | -32.4 | -42.3 | -6.91 | -10.81 | -5.12 | 8.19 |
| Total tax | -65.4% | 10 | 27 | 4.18 | 13 | 12 | 20 |
| Total profit (loss) for period | -66.7% | 19 | 55 | 0.51 | 30 | 29 | 58 |
| Other comp. income net of taxes | 3525% | 30 | 1.8 | -0.52 | 4.1 | 5.94 | 0.84 |
| Total Comprehensive Income | -14.3% | 49 | 57 | 0 | 34 | 35 | 59 |
| Earnings Per Share, Basic | -90% | 1.5 | 6 | 0.1 | 4.3 | 4.3 | 8.4 |
| Earnings Per Share, Diluted | -90% | 1.5 | 6 | 0.1 | 4.3 | 4.2 | 8.4 |
| Debt equity ratio | -1% | 0 | 0.0101 | 047 | 0 | 036 | - |
| Debt service coverage ratio | -2.9% | 0 | 0.0283 | 0.017 | 0.02 | 0.0174 | - |
| Interest service coverage ratio | -5.1% | 0 | 0.0485 | 0.0728 | 0.11 | 0.1187 | - |
| 15.1% |
| 169 |
| 147 |
| 127 |
| 129 |
| 109 |
| 97 |
| Finance costs | -3.6% | 28 | 29 | 37 | 17 | 16 | 12 |
| Depreciation and Amortization | 2.9% | 141 | 137 | 111 | 87 | 85 | 72 |
| Other expenses | 23.8% | 599 | 484 | 449 | 425 | 326 | 299 |
| Total Expenses | 15.8% | 2,352 | 2,032 | 1,942 | 1,790 | 1,544 | 1,365 |
| Profit Before exceptional items and Tax | 67.5% | 212 | 127 | 38 | 137 | 171 | 161 |
| Exceptional items before tax | -106.2% | -18.21 | 312 | 0 | 0 | 11 | 17 |
| Total profit before tax | -55.9% | 194 | 439 | 38 | 137 | 181 | 178 |
| Current tax | -39.8% | 54 | 89 | -0.84 | 32 | 37 | 39 |
| Deferred tax | -109.6% | -0.35 | 15 | 7.25 | 4.71 | 7.76 | -9.89 |
| Total tax | -49% | 53 | 103 | 6.42 | 37 | 45 | 29 |
| Total profit (loss) for period | -58.1% | 141 | 335 | 31 | 100 | 136 | 149 |
| Other comp. income net of taxes | 370.3% | 11 | -2.7 | -22.02 | 1.87 | 0.48 | -12.8 |
| Total Comprehensive Income | -54.4% | 152 | 332 | 9.39 | 102 | 137 | 136 |
| Earnings Per Share, Basic | -60.1% | 19.9 | 48.4 | 4.5 | 14.5 | 19.7 | 21.5 |
| Earnings Per Share, Diluted | -60% | 19.9 | 48.3 | 4.5 | 14.5 | 19.7 | 21.5 |
| Debt equity ratio | -0.1% | 018 | 032 | 092 | - | - | - |
| Debt service coverage ratio | 0.5% | 0.0201 | 0.0154 | 098 | - | - | - |
| Interest service coverage ratio | 3.5% | 0.1324 | 0.1005 | 0.0436 | - | - | - |
| 982 |
| 999 |
| 1,003 |
| 1,042 |
| 1,035 |
| 1,066 |
| Capital work-in-progress | 29.5% | 58 | 45 | 32 | 15 | 47 | 44 |
| Non-current investments | 13% | 838 | 742 | 0 | 0 | 0 | 0 |
| Loans, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | 12.4% | 844 | 751 | 8.19 | 8.98 | 11 | 12 |
| Total non-current assets | 4.7% | 1,974 | 1,885 | 1,131 | 1,160 | 1,182 | 1,239 |
| Total assets | 0.2% | 3,379 | 3,371 | 2,358 | 2,094 | 2,202 | 2,148 |
| Borrowings, non-current | -67.8% | 8.4 | 24 | 39 | 193 | 271 | 447 |
| Total non-current financial liabilities | 1.7% | 60 | 59 | 56 | 212 | 278 | 458 |
| Provisions, non-current | 5.7% | 38 | 36 | 31 | 30 | 27 | 26 |
| Total non-current liabilities | -3.6% | 162 | 168 | 160 | 320 | 378 | 550 |
| Borrowings, current | -13.3% | 327 | 377 | 394 | 165 | 262 | 300 |
| Total current financial liabilities | -16.1% | 775 | 924 | 961 | 654 | 697 | 775 |
| Provisions, current | 7.8% | 3.9 | 3.69 | 3.48 | 2.94 | 2.97 | 2.39 |
| Current tax liabilities | 1282.8% | 12 | 0.07 | 14 | 0.5 | 38 | 1.13 |
| Total current liabilities | -15% | 803 | 944 | 988 | 668 | 747 | 790 |
| Total liabilities | -13.1% | 966 | 1,112 | 1,148 | 988 | 1,125 | 1,340 |
| Equity share capital | 0% | 16 | 16 | 14 | 14 | 14 | 14 |
| Total equity | 6.8% | 2,413 | 2,259 | 1,210 | 1,106 | 1,077 | 808 |
| Total equity and liabilities | 0.2% | 3,379 | 3,371 | 2,358 | 2,094 | 2,202 | 2,148 |
| - |
| 0 |
| 0 |
| 0 |
| -3.31 |
| - |
| - |
| Interest paid | - | 0 | 0 | -36.69 | 0 | - | - |
| Interest received | - | 0 | 0 | 0 | -2.62 | - | - |
| Income taxes paid (refund) | -32% | 52 | 76 | 4.31 | 34 | - | - |
| Net Cashflows From Operating Activities | -65.4% | 66 | 189 | 284 | 163 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 729 | 0 | 0 | 0 | - | - |
| Proceeds from sales of PPE | -100% | 0.92 | 346 | 1.07 | 1.05 | - | - |
| Purchase of property, plant and equipment | 50% | 106 | 71 | 185 | 302 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | -87.5% | 1.5 | 5 | 1.95 | 0 | - | - |
| Dividends received | - | 0 | 0 | 0 | 3.31 | - | - |
| Interest received | 116.9% | 9.46 | 4.9 | 1.11 | 2.22 | - | - |
| Other inflows (outflows) of cash | -3477.8% | -246.93 | 8.34 | 0 | 0 | - | - |
| Net Cashflows From Investing Activities | -486.7% | -1,112.75 | 289 | -182 | -292.9 | - | - |
| Proceeds from issuing shares | - | 982 | 0 | 0 | 0 | - | - |
| Proceeds from issuing other equity instruments | - | 25 | 0 | 0 | 0 | - | - |
| Proceeds from borrowings | -116.1% | 0 | 7.23 | 1,207 | 327 | - | - |
| Repayments of borrowings | -116.3% | -62.92 | 392 | 1,252 | 134 | - | - |
| Payments of lease liabilities | 43.9% | 3.82 | 2.96 | 0.18 | 0.19 | - | - |
| Dividends paid | -74.4% | 9.2 | 33 | 34 | 41 | - | - |
| Interest paid | 0% | 27 | 27 | 30 | 17 | - | - |
| Net Cashflows from Financing Activities | 328.9% | 1,030 | -448.55 | -110.41 | 134 | - | - |
| Net change in cash and cash eq. | -161% | -16.68 | 30 | -8.77 | 4.53 | - | - |
Analysis of Sudarshan Chemical Indus.'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Pigment | 97.5% | 2.3 kCr |
| Others | 2.5% | 60.5 Cr |
| Total | 2.4 kCr |