Specialty chemicals, Materials sector. ₹9.8k Cr market cap, Jun 2026 revenue ₹528 Cr at 25.3% OPM. Zero debt, consistent dividend record over 4+ years.
Generated analysis · source review pending
Generated analysis · source review pending
2,528 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Consolidated figures
| Ratio | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Margins | ||||||
| Gross margin % | 51.2% | — | — | — | — | — |
| EBITDA margin % | 25.9% | 34.5% | 21.2% | 20.4% | 17.4% | 18.5% |
| EBIT margin % | 23.2% | 32.2% | 18.9% | 17.7% | 13.3% | 14% |
| PAT margin % | 20.3% | 23.8% | 14.6% | 13.6% | 10.3% | 11.8% |
| Working capital | ||||||
| Receivable days | 60 | — | — | — | — | — |
| Inventory days | 63 | — | — | — | — | — |
| Payable days | 0 | — | — | — | — | — |
| NWC days | 123 | — | — | — | — | — |
| Leverage | ||||||
| Current ratio | 29,415 | 1.87 | 1.64 | 1.41 | 1.95 | 2.57 |
| Debt to EBITDA | — | 0.11 | 0.07 | 0.25 | 0 | 0.01 |
| Debt to equity | — | 0.06 | 0.02 | 0.07 | 0 | 0 |
| Interest coverage | 23.1 | 64.3 | 79.9 | 93.9 | 49.1 | 247.2 |
| Asset turnover | 1.27 | 1.08 | 1.13 | 1.06 | 0.91 | 0.88 |
| Return ratios | ||||||
| Return on assets % | 25.7% | 25.8% | 16.4% | 14.4% | 9.4% | 10.4% |
| Return on capital employed % | 30.2% | 49.4% | 32.1% | 27.3% | 15.9% | 17.2% |
| Return on equity % | 37.5% | 37.3% | 22.7% | 19.6% | 11.7% | 13.3% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
Documents link to external sources (exchange filings, company investor pages).
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 71.96% | 71.96% | 71.96% | 71.97% | 71.96% | 72% | 72.04% | 72.03% | 72.03% | 72.03% | 72.05% | 72.04% | |
| 2.92% | 2.94% | 3.04% | 3.1% | 3.2% | 3.23% | 3.23% | 3.25% | 3.43% | 3.46% | 3.45% | 3.49% | |
| 1.13% | 1.07% | 1.1% | 1.07% | 1.53% | 1.76% | 2.18% | 2.61% | 2.88% | 3% | 3.01% | 3.11% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 23.99% | 24.03% | 23.9% | 23.86% | 23.31% | 23.01% | 22.55% | 22.11% | 21.66% | 21.51% | 21.49% | 21.36% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 1,53,451 | 1,49,324 | 1,46,028 | 1,42,625 |
Promoter holding up 0.08 percentage points since Sep 2023.
| Person | Deal | Shares | Value | Holding | Filed |
|---|---|---|---|---|---|
| Girish NaikOther | BuyESOP | 949 | ₹9.87 L | 0.02% → 0.02% | 17 Sept 20257(2) |
Disclosed under SEBI’s insider-trading regulations, which require a filing only above ₹10 lakh in a quarter — smaller dealings are in no disclosure. Holdings are the filer’s own percentages, not recomputed.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 9 Jan 2025 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Sell | 3,69,432 | ₹1,908.78 | ₹70.52 Cr |
| 9 Jan 2025 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Buy | 3,69,432 | ₹1,907.40 | ₹70.47 Cr |
| 18 Sept 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Sell | 2,69,499 | ₹2,395.95 | ₹64.57 Cr |
| 18 Sept 2024 | GRAVITON RESEARCH CAPITAL LLP | Bulk | NSE | Buy | 2,69,499 | ₹2,393.89 | ₹64.52 Cr |
| 19 Sept 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | BSE | Sell | 1,51,309 | ₹3,040.50 | ₹46.01 Cr |
| 19 Sept 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | BSE | Buy | 1,51,309 | ₹3,040.50 | ₹46.01 Cr |
| 19 Sept 2022 | ISHARES MSCI INDIA SMALL-CAP ETF | Block | BSE | Buy | 16,966 | ₹3,040.50 | ₹5.16 Cr |
| 19 Sept 2022 | ISHARES INDIA SC MAURITIUS COMPANY | Block | BSE | Sell | 16,966 | ₹3,040.50 | ₹5.16 Cr |
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Gujarat Fluorochemicals LimitedFLUOROCHEMFLUOROCHEM | ₹47,713 Cr | ₹49,912 Cr | ₹5,303 Cr | ₹1,375 Cr | 25.8% | ₹615 Cr | 11.5% | 11.1% | 7.6% | 401 |
| Navin Fluorine International LimitedNAVINFLUORNAVINFLUOR | ₹41,740 Cr | ₹42,967 Cr | ₹3,634 Cr | ₹1,232 Cr | 32.6% | ₹790 Cr | 20% | 21.6% | 20.1% | 61 |
| Aether Industries LimitedAETHERAETHER | ₹22,161 Cr | ₹22,603 Cr | ₹1,224 Cr | ₹384 Cr | 31.3% | ₹235 Cr | 19.8% | 13.2% | 9.4% | 330 |
| Atul LimitedATULATUL | ₹17,231 Cr | ₹17,411 Cr | ₹6,643 Cr | ₹1,189 Cr | 16.4% | ₹704 Cr | 11% | 14.1% | 11.5% | 70 |
| Aarti Industries LimitedAARTIINDAARTIIND | ₹16,869 Cr | ₹21,790 Cr | ₹9,012 Cr | ₹1,337 Cr | 14.1% | ₹531 Cr | 5.1% | 8.8% | 7.3% | 54 |
| Fine Organic Industries LimitedFINEORGFINEORG | ₹15,752 Cr | ₹15,797 Cr | ₹2,472 Cr | ₹535 Cr | 20.4% | ₹438 Cr | 17.6% | 21.6% | 16.8% | 113 |
| Basf India LimitedBASFBASF | ₹14,796 Cr | ₹14,796 Cr | ₹16,177 Cr | ₹952 Cr | 4.4% | ₹643 Cr | 2.8% | 14% | 11.1% | 40 |
| Privi Speciality Chemicals LimitedPRIVISCLPRIVISCL | ₹13,970 Cr | ₹14,980 Cr | ₹2,671 Cr | ₹666 Cr | 25.2% | ₹342 Cr | 12.4% | 27.7% | 25.2% | 158 |
| Sudeep Pharma LimitedSUDEEPPHRMSUDEEPPHRM | ₹13,546 Cr | ₹13,694 Cr | ₹676 Cr | ₹233 Cr | 34.6% | ₹133 Cr | 27.1% | 31.1% | 25.2% | 366 |
| Anupam Rasayan India LimitedANURASANURAS | ₹13,243 Cr | ₹15,058 Cr | ₹2,535 Cr | ₹563 Cr | 22.2% | ₹175 Cr | 9.4% | 9.1% | 5.5% | 377 |
| Vinati Organics LimitedVINATIORGAVINATIORGA | ₹12,528 Cr | ₹12,528 Cr | ₹2,381 Cr | ₹665 Cr | 29.4% | ₹448 Cr | 19.9% | 18.8% | 14.9% | 152 |
| Elantas Beck India LimitedELANTASELANTAS | ₹10,644 Cr | ₹10,644 Cr | ₹778 Cr | ₹147 Cr | 20.3% | ₹136 Cr | 17.4% | 20.6% | 15.8% | 70 |
Shareholder Meeting / Postal Ballot-Outcome of AGM
5 schemes · 3 fund houses
| Shares | ||||||
|---|---|---|---|---|---|---|
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 35,975 | 7.21 | 0.29% | 0.07% | -788 |
| Commodities Fund | ICICI Prudential Mutual Fund | 32,671 | 6.55 | 0.15% | 0.064% | +17,719 |
| Multi Cap FundNEW | ICICI Prudential Mutual Fund | 8,154 | 1.63 | 0.01% | 0.016% | — |
| IB18-Groww Nifty Total Market Index Fund | Groww Mutual Fund | 246 | 0.05 | 0.01% | 0% | +1 |
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 41 | 0.01 | 0.01% | 0% | -0 |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| 993 | 1,242 | 1,543 | 1,683 | 1,441 | 1,572 | |
| COGS | 485 | — | — | — | — | — |
| Gross profit | 508 | — | — | — | — | — |
| 247 | — | — | — | — | — | |
| 262 | 429 | 327 | 344 | 251 | 291 | |
| OPM % | 26.3% | 34.5% | 21.2% | 20.4% | 17.4% | 18.5% |
| Depreciation | 27 | 29 | 35 | 45 | 59 | 71 |
| Interest | 10 | 6 | 4 | 3 | 4 | 1 |
| 21 | 7 | 14 | 13 | 15 | 30 | |
| Profit before tax | 246 | 401 | 302 | 309 | 202 | 249 |
| Tax | 44 | — | — | — | — | — |
| Tax % | 18.1% | — | — | — | — | — |
| 201 | 295 | 225 | 229 | 149 | 186 | |
| PAT margin % | 20.3% | 23.8% | 14.6% | 13.6% | 10.3% | 11.8% |
| EPS (₹) | 98.7 | — | — | — | — | — |
| EPS adjusted (₹) | 39.4 | 57.9 | 44 | 44.7 | 29.1 | 36.4 |
| 20.3% | — | — | — | — | — | |
| Annual report | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 199 | 197 | 299 | 369 | 526 | 782 | 980 | 1,159 | 1,257 | 1,392 |
| Minority interest | — | — | — | — | — | 0 | 0 | — | — | — |
| 98 | — | — | — | — | 46 | 23 | 85 | 1 | 4 | |
| 109 | 209 | 340 | 384 | 247 | 306 | 359 | 337 | 316 | 383 | |
| Total equity & liabilities | 416 | 416 | 649 | 763 | 783 | 1,145 | 1,371 | 1,592 | 1,584 | 1,789 |
| 187 | 187 | 355 | 376 | 394 | 428 | 599 | 686 | 1,056 | 1,013 | |
| CWIP | 16 | 16 | 18 | 43 | 45 | — | — | — | — | — |
| Investments | 10 | 10 | 13 | 16 | 0 | — | — | — | — | — |
| 203 | 203 | 262 | 328 | 345 | — | — | — | — | — | |
| Total assets | 416 | 416 | 649 | 763 | 783 | 1,145 | 1,371 | 1,592 | 1,584 | 1,789 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| 101 | 63 | 102 | 144 | 188 | 364 | 205 | 248 | 275 | 263 | |
| -35 | -65 | -132 | -67 | -41 | -213 | -206 | -277 | -121 | -196 | |
| Cash from financing | -68 | -2 | 32 | -60 | -135 | -86 | -57 | 8 | -140 | -49 |
| Net cash flow | — | -3 | 2 | 17 | 12 | 65 | -58 | -21 | 13 | 18 |
| Free cash flow | 66 | -3 | -34 | 75 | 111 | — | — | — | — | — |
| CFO / Operating profit % | — | — | — | — | 73.1% | 84.8% | 62.7% | 72.2% | 109.7% | 90.4% |