
SUMICHEM - SUMITOMO CHEMICAL INDIA LIMITED Share Price
Fertilizers & Agrochemicals
Valuation | |
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Market Cap | 28.7 kCr |
Price/Earnings (Trailing) | 51.52 |
Price/Sales (Trailing) | 8.2 |
EV/EBITDA | 34.85 |
Price/Free Cashflow | 67.81 |
MarketCap/EBT | 38.28 |
Enterprise Value | 28.68 kCr |
Fundamentals | |
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Revenue (TTM) | 3.27 kCr |
Rev. Growth (Yr) | 26.7% |
Earnings (TTM) | 506.44 Cr |
Earnings Growth (Yr) | 40.6% |
Profitability | |
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Operating Margin | 21% |
EBT Margin | 21% |
Return on Equity | 17.43% |
Return on Assets | 12.77% |
Free Cashflow Yield | 1.47% |
Price to Sales Ratio
Revenue (Last 12 mths)
Net Income (Last 12 mths)
Growth & Returns | |
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Price Change 1W | -8.8% |
Price Change 1M | 5.5% |
Price Change 6M | 7.9% |
Price Change 1Y | 12.8% |
3Y Cumulative Return | 6.2% |
5Y Cumulative Return | 14.9% |
Cash Flow & Liquidity | |
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Cash Flow from Investing (TTM) | -392.06 Cr |
Cash Flow from Operations (TTM) | 452.73 Cr |
Cash Flow from Financing (TTM) | -69.08 Cr |
Cash & Equivalents | 38.23 Cr |
Free Cash Flow (TTM) | 423.28 Cr |
Free Cash Flow/Share (TTM) | 8.48 |
Balance Sheet | |
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Total Assets | 3.96 kCr |
Total Liabilities | 1.06 kCr |
Shareholder Equity | 2.91 kCr |
Current Assets | 3.02 kCr |
Current Liabilities | 965.18 Cr |
Net PPE | 425.75 Cr |
Inventory | 703.66 Cr |
Goodwill | 60.44 Cr |
Capital Structure & Leverage | |
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Debt Ratio | 0.00 |
Debt/Equity | 0.01 |
Interest Coverage | 115.08 |
Interest/Cashflow Ops | 78.26 |
Dividend & Shareholder Returns | |
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Dividend/Share (TTM) | 1.2 |
Dividend Yield | 0.21% |
Shares Dilution (1Y) | 0.00% |
Shares Dilution (3Y) | 0.00% |
Risk & Volatility | |
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Max Drawdown | -10.7% |
Drawdown Prob. (30d, 5Y) | 19.35% |
Risk Level (5Y) | 32.7% |
Summary of Latest Earnings Report from SUMITOMO CHEMICAL INDIA
Summary of SUMITOMO CHEMICAL INDIA'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.
Last updated:
The management of Sumitomo Chemical India Limited provided a cautiously optimistic outlook for FY25, emphasizing recovery in the agrochemical sector driven by favorable monsoon forecasts and strategic initiatives. Key points include:
Market Recovery: Expect normalization in demand due to improved weather (IMD predicts above-normal rainfall) and stabilization in global agrochemical markets, including LatAm.
Operational Focus: Aim to recover lost FY24 revenue through volume growth (vs. price-led recovery) and demand generation for new products. Margins are expected to remain stable due to procurement efficiencies, cost controls, and disciplined pricing.
New Products: Launched 6 new products (3 herbicides, 1 insecticide, 2 fungicides) in FY24, with plans to scale sales. Additional 3"“4 proprietary products targeting Kharif/Rabi seasons are in the pipeline.
Manufacturing Expansion: Two "Make in India" projects (Bhavnagar, Tarapur) started commercialization; ramp-up expected in FY25. Dahej plant awaits environmental clearance (target: end-2024) for future proprietary products.
Exports: Global recovery slower but progressing; Bhavnagar plant to operate at full capacity (exports), while Tarapur's utilization delayed to FY26 due to global inventory adjustments.
Cost Discipline: Maintained gross margins (41.7% in Q4) via liquidation of high-cost inventory and procurement strategies. Working capital days reduced by 33 through inventory/collection efficiency.
Sustainability & Diversification: Expanding renewable energy adoption and exploring non-agro segments (e.g., IT chemicals, seeds) via parent company collaborations.
Capex: INR 250"“300 crore planned for new projects, funded internally.
The management remains confident in India's growth potential and long-term leadership in agrochemicals, balancing near-term challenges with strategic investments.
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Major Questions and Answers from Sumitomo Chemical India Limited Q4 and FY24 Earnings Call
Question: What guidance can be provided for FY25? Will the company surpass its past peak performance?
Answer: The focus is on increasing product volumes rather than revenue targets due to significant price declines (25"“30% in generics). Recovery depends on monsoon conditions and demand normalization. Gross margins are expected to remain stable barring geopolitical disruptions.Question: What is Barrix's performance, and what were its FY24 numbers?
Answer: Barrix, acquired in December 2023, contributed ~INR 10"“12 crore in FY24. Growth is expected in FY25 as its eco-friendly pest-control products gain traction.Question: What drove the sharp Q4 gross margin expansion (41.7%)?
Answer: Improved product mix, liquidation of high-cost inventory by August 2023, procurement of cheaper raw materials, and disciplined cost controls. Margins are sustainable if input prices remain stable.Question: How are global agrochemical demand and exports performing?
Answer: Domestic recovery is prioritized due to IMD's above-normal monsoon forecast. LatAm markets face weather-related challenges, but stabilization is expected. Exports (20% of revenue) face pricing pressure but show gradual recovery.Question: Update on capex projects (Bhavnagar, Tarapur, Dahej) and revenue potential.
Answer:- Bhavnagar: Operating at full capacity for exports.
- Tarapur: Delayed ramp-up due to global inventory glut; full utilization expected by FY26.
- Dahej: Environmental clearance pending; production likely by 2026. Capex (~INR 250"“300 crore) will be funded internally.
Question: Why the delay in new molecule approvals from the parent company?
Answer: Sumitomo Japan is cautious about commoditization risks post-COVID. India remains a strategic manufacturing hub, with proprietary, high-margin products prioritized for Dahej.Question: Plans to diversify into non-agrochemical segments (e.g., electronics)?
Answer: Preliminary discussions with SCC Japan about IT chemicals and seeds. Skill development and partnerships are under evaluation, but no immediate commitments.Question: Sustainability of Q4 gross margins (41.7%) in FY25?
Answer: Margins reflect normalized operations post high-cost inventory liquidation. Stability depends on stable input prices and monsoon-driven demand.Question: Volume vs. price decline breakdown in FY24.
Answer: Domestic generics saw 8"“9% volume decline and 25"“30% price erosion. Specialty products had minimal price drops (~2%) but 8"“9% volume decline.Question: New product launches and contributions in FY25.
Answer: Three 9(3) proprietary products launched in FY24 (herbicides, insecticides, fungicides). FY25 targets include 8"“10% revenue contribution from new launches, pending regulatory approvals.Question: Working capital outlook after FY24 improvements.
Answer: Inventory/receivable days reduced by 33 days in FY24. FY25 may see slight loosening to support volume growth but discipline will remain.Question: Update on renewable energy adoption.
Answer: Targeting 100% green power by FY25-end via solar installations, saving ~INR 4/unit. Capex of ~INR 25 crore allocated.
Share Holdings
Understand SUMITOMO CHEMICAL INDIA ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
Holding Pattern
Share Holding Details
Shareholder Name | Holding % |
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Sumitomo Chemical Company Limited | 75% |
Hsbc Small Cap Fund | 1.09% |
Sumitomo Pharma Taiwan Co., Ltd. | 0% |
Taoka Chemical India Private Limited | 0% |
Taoka Chemical Singapore Private Limited | 0% |
Taoka Advanced Materials (Shanghai) Co., Ltd. | 0% |
Sumitomo Pharma Trading (Suzhou) Co., Ltd. | 0% |
The Polyolefin Company (Singapore) Pte. Ltd. | 0% |
Botanical Resources Australia Pty Ltd. (BRA Group) | 0% |
Sumitomo Chemical Australia Pty. Ltd. | 0% |
McLaughlin Gormley King Company | 0% |
Mycorrhizal Applications, LLC | 0% |
Sumika Polymers North America LLC | 0% |
Sumitomo Chemical Advanced Technologies LLC | 0% |
Sumitomo Chemical America, Inc. | 0% |
Sumitomo Pharma America, Inc. | 0% |
Sumitomo Pharma Canada, Inc. | 0% |
Valent BioSciences LLC | 0% |
Valent Canada Inc. | 0% |
Valent De Mexico, S.A. De C.V. | 0% |
Overall Distribution
Distribution across major stakeholders
Ownership Distribution
Distribution across major institutional holders
Is SUMITOMO CHEMICAL INDIA Better than it's peers?
Detailed comparison of SUMITOMO CHEMICAL INDIA 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 |
---|---|---|---|---|---|---|---|---|---|
SRF | SRF | 84.72 kCr | 15.18 kCr | -12.90% | +12.60% | 59.21 | 5.58 | - | - |
COROMANDEL | Coromandel International | 71.14 kCr | 26.79 kCr | +4.80% | +47.10% | 31.42 | 2.66 | - | - |
PIIND | PI Industries | 59.46 kCr | 8.32 kCr | -6.00% | -12.10% | 35.81 | 7.14 | - | - |
UPL | UPL | 58.14 kCr | 47.32 kCr | +3.60% | +25.70% | 50.92 | 1.23 | - | - |
BAYERCROP | Bayer CropScience | 25.04 kCr | 5.5 kCr | -13.50% | -19.50% | 32.43 | 4.56 | - | - |
Sector Comparison: SUMICHEM vs Fertilizers & Agrochemicals
Comprehensive comparison against sector averages
Comparative Metrics
SUMICHEM metrics compared to Fertilizers
Category | SUMICHEM | Fertilizers |
---|---|---|
PE | 51.52 | 40.31 |
PS | 8.20 | 2.54 |
Growth | 14.3 % | 8.4 % |
Performance Comparison
SUMICHEM vs Fertilizers (2021 - 2025)
- 1. SUMICHEM is among the Top 3 Pesticides & Agrochemicals companies by market cap.
- 2. The company holds a market share of 3.7% in Pesticides & Agrochemicals.
- 3. In last one year, the company has had an above average growth that other Pesticides & Agrochemicals companies.
Income Statement for SUMITOMO CHEMICAL INDIA
Balance Sheet for SUMITOMO CHEMICAL INDIA
Cash Flow for SUMITOMO CHEMICAL INDIA
What does SUMITOMO CHEMICAL INDIA LIMITED do?
Sumitomo Chemical India Limited engages in the manufacture and sale of household and public health insecticides, agricultural pesticides, and animal nutrition products in India and internationally. It also offers crop protection products, such as insecticides, herbicides, fungicides, and miticides; animal nutrition and plant growth regulators; fumigants and rodenticides; weedicides; and biological products. The company exports its products. Sumitomo Chemical India Limited was incorporated in 2000 and is headquartered in Mumbai, India. The company is a subsidiary of Sumitomo Chemical Company Limited.