Specialty chemicals conglomerate with stated leadership in fluorochemicals and technical textiles. ₹77,241 Cr market cap; quarterly standalone revenues ₹2,800–5,033 Cr; operating margins 21.6%. 1-year return –10.26% despite operational strength signals market sees headwinds.
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.
No red flags triggered.
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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 50.53% | 50.53% | 50.3% | 49.72% | 50.03% | 50.35% | 50.18% | 50.44% | 50.26% | 50.26% | 50.26% | 50.26% | |
| 19.79% | 19.6% | 19.08% | 18.55% | 18.81% | 18.41% | 19.15% | 18.55% | 17.98% | 17.48% | 16.66% | 15.45% | |
| 14.13% | 14.53% | 15.97% | 13.26% | 13.46% | 13.15% | 13.22% | 12.74% | 19.53% | 20.18% | 21.17% | 22.44% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.04% | 0.04% | 0.04% | 0.04% |
| 15.55% | 15.34% | 14.65% | 18.47% | 17.7% | 18.09% | 17.45% | 18.28% | 12.19% | 12.04% | 11.86% | 11.8% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 1,91,991 | 1,81,280 | 1,80,341 | 1,77,423 |
Documents link to external sources (exchange filings, company investor pages).
Promoter holding down 0.27 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 14 Nov 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | NSE | Buy | 2,42,659 | ₹2,388.70 | ₹57.96 Cr |
| 14 Nov 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | NSE | Sell | 2,42,659 | ₹2,388.70 | ₹57.96 Cr |
| 3 Nov 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | NSE | Buy | 2,42,660 | ₹2,547.90 | ₹61.83 Cr |
| 3 Nov 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | NSE | Sell | 2,42,660 | ₹2,547.90 | ₹61.83 Cr |
| 25 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | BSE | Buy | 1,30,550 | ₹2,547.50 | ₹33.26 Cr |
| 25 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | BSE | Sell | 1,30,550 | ₹2,547.50 | ₹33.26 Cr |
| 17 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | BSE | Buy | 2,05,159 | ₹2,496.60 | ₹51.22 Cr |
| 17 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | BSE | Sell | 2,05,159 | ₹2,496.60 | ₹51.22 Cr |
| 11 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | Block | BSE | Buy | 2,00,614 | ₹2,540.90 | ₹50.97 Cr |
| 11 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | BSE | Sell | 2,00,614 | ₹2,540.90 | ₹50.97 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.
Consolidated figures
| Ratio | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 46.7% | 48.9% | 52.2% | 51.2% | 50.3% | 48.9% | 47.6% | 50.6% |
| EBITDA margin % | 16.8% | 20.2% | 25.5% | 25.5% | 23.7% | 19.7% | 18.5% | 21.6% |
| EBIT margin % | 11.2% | 14.8% | 20.1% | 21.4% | 19.9% | 14.5% | 13.3% | 16.2% |
| PAT margin % | 8.1% | 14.1% | 14.3% | 15.2% | 14.5% | 10.2% | 8.5% | 11.6% |
| Working capital | ||||||||
| Receivable days | 44 | — | 55 | 53 | 44 | 54 | 54 | 59 |
| Inventory days | 115 | — | 133 | 129 | 112 | 127 | 111 | 131 |
| Payable days | 126 | — | 144 | 126 | 110 | 120 | 111 | 121 |
| NWC days | 33 | — | 45 | 55 | 46 | 61 | 55 | 69 |
| Leverage | ||||||||
| Current ratio | 0.97 | — | 1.1 | 1.18 | 1.17 | 1.03 | 1.13 | 1.1 |
| Debt to EBITDA | 2.9 | — | 1.58 | 1.11 | 1.23 | 1.9 | 1.71 | 1.47 |
| Debt to equity | 0.77 | — | 0.49 | 0.41 | 0.42 | 0.43 | 0.37 | 0.36 |
| Interest coverage | 5.7 | 5.6 | 13 | 23.3 | 14.8 | 6.6 | 5.5 | 9.6 |
| Asset turnover | 0.68 | — | 0.65 | 0.79 | 0.79 | 0.64 | 0.68 | 0.65 |
| Return ratios | ||||||||
| Return on assets % | 5.5% | — | 9.3% | 12% | 11.5% | 6.5% | 5.8% | 7.6% |
| Return on capital employed % | 13.1% | — | 18.7% | 26.1% | 0.5% | 26.3% | 13.4% | 15.8% |
| Return on equity % | 13% | — | 17.5% | 22.1% | 20.9% | 11.6% | 9.9% | 13.1% |
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.
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Closure of Trading Window
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
| Date | Category | Subject | Filing |
|---|---|---|---|
| 1 Oct 2026, 6:27 pm | Company Update General | Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 | |
| 30 Sept 2026, 5:10 pm | Insider Trading / SAST Closure of Trading Window | Closure of Trading Window |
End of day 30 Sept 2026 · underlying ₹2,472.5 · volume and open interest in contracts
| Expiry | Close | Chg | % Chg | Settlement | Open interest | Change in OI | Volume | Lot size | History |
|---|---|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | ₹2,483.0 | +34.1 | +1.4% | ₹2,483.0 | 20,525 | +70 | 1,739 | 200 | |
| 23 Nov 2026 | ₹2,492.2 | +28.4 | +1.2% | ₹2,492.2 | 310 | +1 | 35 | 200 | |
| 29 Dec 2026 | ₹2,530.0 | +73.9 | +3% | ₹2,511.5 | 5 | +5 | 5 | 200 |
| 22 Sept 2026, 11:30 am | Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 | Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 |
| 22 Sept 2026, 11:26 am | Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 | Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 |
| 19 Sept 2026, 2:46 pm | Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 | Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 |
| 19 Sept 2026, 2:20 pm | Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 | Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 |
| 10 Sept 2026, 8:42 am | Insider Trading / SAST Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Reg. 2011 | Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011 |
| 29 Jul 2026, 11:55 am | Company Update Earnings Call Transcript | Announcement under Regulation 30 (LODR)-Earnings Call Transcript |
Open the chart icon on a row for that contract's close over 103 stored sessions, with open interest as bars beneath it.
| Calls | Strike | Puts | ||||||
|---|---|---|---|---|---|---|---|---|
| OI | Chg OI | Volume | LTP | — | LTP | Volume | Chg OI | OI |
| 0 | 0 | 0 | ₹0.0 | 2,080 | ₹2.6 | 86 | +21 | 21 |
| 3 | 0 | 0 | ₹397.8 | 2,100 | ₹3.5 | 11 | +1 | 56 |
| 0 | 0 | 0 | ₹0.0 | 2,120 | ₹3.1 | 10 | +1 | 1 |
| 0 | 0 | 0 | ₹0.0 | 2,160 | ₹0.0 | 0 | 0 | 0 |
| 0 | 0 | 0 | ₹0.0 | 2,180 | ₹0.0 | 0 | 0 | 0 |
| 0 | 0 | 0 | ₹0.0 | 2,200 | ₹5.1 | 10 | -1 | 15 |
| 0 | 0 | 0 | ₹0.0 | 2,220 | ₹0.0 | 0 | 0 | 0 |
| 0 | 0 | 0 | ₹0.0 | 2,240 | ₹0.0 | 0 | 0 | 0 |
Shaded cells are in the money against the underlying close. Green and red mark the move against the previous close — on the premium for LTP, on the position for change in OI. Settlement prices are the exchange's, not the last trade.
88 schemes · 14 fund houses
| Shares | ||||||
|---|---|---|---|---|---|---|
| Portfolio of Kotak Flexi Cap FundNEW | Kotak Mahindra Mutual Fund | 62 L | 1,587.45 | 2.82% | 2.092% | — |
| Portfolio of Kotak Mid Cap FundNEW | Kotak Mahindra Mutual Fund | 40.58 L | 1,038.89 | 1.46% | 1.369% | — |
| Midcap Fund | SBI Mutual Fund | 21 L | 537.68 | 2.19% | 0.709% | -0 |
| Portfolio of Kotak Large & Mid Cap FundNEW | Kotak Mahindra Mutual Fund | 17.5 L | 448.07 | 1.39% | 0.59% | — |
| Midcap Fund | Axis Mutual Fund | 13.91 L | 356.26 | 1.01% | 0.469% | -0 |
| Large & Mid Cap Fund | DSP Mutual Fund | 10.16 L | 260.11 | 1.41% | 0.343% | -0 |
| Portfolio of Kotak Multi Cap FundNEW | Kotak Mahindra Mutual Fund | 9.1 L | 232.88 | 0.76% | 0.307% | — |
| Mid Cap Fund | DSP Mutual Fund | 8.99 L | 230.06 | 1.09% | 0.303% | -0 |
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Solar Industries India LimitedSOLARINDSSOLARINDS | ₹1,75,570 Cr | ₹1,77,038 Cr | ₹11,351 Cr | ₹3,102 Cr | 26.7% | ₹1,991 Cr | 17.7% | 34.2% | 31.5% | 152 |
| Pidilite IndustriesPIDILITINDPIDILITIND | ₹1,49,006 Cr | ₹1,49,112 Cr | ₹15,399 Cr | ₹3,772 Cr | 24.1% | ₹2,649 Cr | 16.9% | 30% | 23.8% | 66 |
| SRFSRFSRF | ₹73,691 Cr | ₹78,695 Cr | ₹17,001 Cr | ₹3,817 Cr | 21.6% | ₹2,162 Cr | 11.6% | 15.8% | 13.8% | 69 |
| Linde India LimitedLINDEINDIALINDEINDIA | ₹53,291 Cr | ₹53,291 Cr | ₹2,654 Cr | ₹913 Cr | 35.9% | ₹546 Cr | 21.7% | 15.9% | 13.6% | -217 |
| Coromandel International LimitedCOROMANDELCOROMANDEL | ₹52,026 Cr | ₹52,893 Cr | ₹32,602 Cr | ₹3,190 Cr | 10.2% | ₹1,778 Cr | 6% | 23.3% | 16.5% | 76 |
| 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 |
| Fertilizers And Chemicals Travancore LimitedFACTFACT | ₹47,559 Cr | ₹49,329 Cr | ₹5,293 Cr | ₹105 Cr | 2.3% | ₹28 Cr | 1% | 17.5% | 3% | 86 |
| Upl LimitedUPLUPL | ₹43,628 Cr | ₹65,674 Cr | ₹52,804 Cr | ₹9,326 Cr | 17.9% | ₹2,020 Cr | 4.3% | 11.2% | 6% | 135 |
| 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 |
| PI IndustriesPIINDPIIND | ₹33,920 Cr | ₹34,158 Cr | ₹6,516 Cr | ₹1,548 Cr | 25.3% | ₹1,125 Cr | 19.7% | 14.4% | 12.2% | 157 |
| Himadri Speciality Chemical LimitedHSCLHSCL | ₹33,557 Cr | ₹34,323 Cr | ₹4,974 Cr | ₹1,005 Cr | 20.6% | ₹799 Cr | 16.2% | 23.4% | 17.8% | 103 |
| 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 |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| 4,898 | 5,137 | 5,685 | 7,209 | 8,400 | 12,434 | 149 | 13,139 | 14,693 | 15,787 | |
| COGS | 2,331 | 2,419 | 3,032 | 3,687 | 4,019 | 6,067 | 74 | 6,709 | 7,699 | 7,798 |
| Gross profit | 2,568 | 2,718 | 2,653 | 3,522 | 4,381 | 6,367 | 75 | 6,430 | 6,994 | 7,989 |
| 1,605 | 1,748 | 1,700 | 2,068 | 2,236 | 3,191 | 39 | 3,846 | 4,275 | 4,579 | |
| 963 | 969 | 953 | 1,455 | 2,145 | 3,176 | 35 | 2,584 | 2,718 | 3,410 | |
| OPM % | 19.7% | 18.9% | 16.8% | 20.2% | 25.5% | 25.5% | 23.7% | 19.7% | 18.5% | 21.6% |
| Depreciation | 275 | 283 | 316 | 389 | 453 | 517 | 6 | 673 | 772 | 852 |
| Interest | 130 | 102 | 124 | 201 | 134 | 116 | 2 | 302 | 376 | 278 |
| 28 | 73 | 69 | 152 | 54 | 43 | 1 | 83 | 133 | 22 | |
| Profit before tax | 585 | 657 | 582 | 1,018 | 1,612 | 2,586 | 28 | 1,692 | 1,704 | 2,302 |
| Tax | 155 | 142 | 120 | -1 | 414 | 697 | 7 | 357 | 453 | 466 |
| Tax % | 26.5% | 21.6% | 20.6% | -0.1% | 25.7% | 26.9% | 23.4% | 21.1% | 26.6% | 20.3% |
| 430 | 515 | 462 | 1,019 | 1,198 | 1,889 | 22 | 1,336 | 1,251 | 1,835 | |
| PAT margin % | 8.8% | 10% | 8.1% | 14.1% | 14.3% | 15.2% | 14.5% | 10.2% | 8.5% | 11.6% |
| EPS (₹) | — | — | 80.4 | 177.3 | 205.5 | 63.8 | 73 | 45.1 | 42.4 | 61.9 |
| EPS adjusted (₹) | 14.7 | 17.6 | 15.8 | — | 39.8 | 63.5 | 72.8 | 44.9 | 42.1 | 61.7 |
| — | — | 14.9% | 7.9% | 11.7% | 26.3% | 9.9% | 16% | 17% | — | |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | 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 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 58 | 58 | 58 | 60 | 297 | 3 | 297 | 297 | 297 |
| Reserves | 2,611 | 3,124 | 3,506 | 6,796 | 8,268 | 100 | 11,182 | 12,329 | 13,745 |
| 2,101 | 1,977 | 2,758 | 3,391 | 3,539 | 44 | 4,920 | 4,641 | 5,004 | |
| 1,777 | 1,811 | 2,040 | 2,682 | 3,672 | 41 | 4,083 | 4,290 | 5,100 | |
| Total equity & liabilities | 6,548 | 6,971 | 8,363 | 12,929 | 15,777 | 188 | 20,482 | 21,557 | 24,147 |
| 4,110 | 4,405 | 5,122 | 7,827 | 8,425 | 101 | 13,242 | 13,720 | 13,926 | |
| CWIP | 117 | 259 | 559 | 772 | 1,672 | 24 | 805 | 811 | 1,889 |
| Investments | 162 | 196 | 122 | 417 | 321 | 5 | 527 | 827 | 687 |
| 2,158 | 2,112 | 2,561 | 3,914 | 5,359 | 58 | 5,908 | 6,199 | 7,644 | |
| Total assets | 6,548 | 6,971 | 8,363 | 12,929 | 15,777 | 188 | 20,482 | 21,557 | 24,147 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Chemicals Business (CB) | 7,778.97 | 2,262.87 | 11,886.26 | 1,316.91 | 10,569.35 | 21.41 |
| Performance Films & Foil Business (PFB) | 5,764.23 | 507.55 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,090 | 645 | 678 | 896 | 1,304 | 1,772 | 2,106 | 29 | 2,094 | 2,487 | 2,554 | |
| -667 | -613 | -1,195 | -1,014 | -1,180 | -1,500 | -1,588 | -30 | -2,227 | -1,484 | -1,598 | |
| -182 | -284 | 495 | 246 | -199 | -251 | -207 | 2 | -72 | -1,071 | -708 | |
| Net cash flow | 241 | -252 | — | — | — | 21 | 311 | 2 | -205 | -67 | 247 |
| Free cash flow | — | — | — | — | — | 557 | 274 | 0 | -123 | 1,256 | 738 |
| CFO / Operating profit % | 113.3% | 66.6% | 71.2% | — | 89.7% | 82.6% | 66.3% | 82.2% | 81% | 91.5% | 74.9% |
| 8,078.23 |
| 1,767.91 |
| 6,310.32 |
| 8.04 |
| Technical Textiles Business (TTB) | 1,877 | 190.08 | 2,165.12 | 334.06 | 1,831.06 | 10.38 |
| Others | 366.38 | 47.03 | 239.16 | 42.5 | 196.66 | 23.91 |
₹ crore by fiscal year