Advance Petrochemicals (BSE: ADVPETR-B) had a P/E of 33.0× on 6 Nov 2026, above the industry P/E of 18.2×, and the shares are 32% below their 52-week high. Sales grew 8.5% a year over 3 years while net profit fell 69%, with ROCE of 14% and ROE of 0.7%. Debt is 3.48× equity. It is a small-cap company with a market cap of ₹68 Cr, ranked 64th of 76 Chemicals companies by market cap; the shares rose 325% over the past year.
- ₹755.15
- ₹755.15
- ₹755.15
- ₹770.55
- 9
Health check
- ReturnsAhead
+325.4% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 33.0 vs industry 18.2.
- GrowthSteady
Sales +8.5%, profit −68.6% a year over 3 years.
- ProfitabilityAverage
ROCE 13.7% vs peer median 10.6%.
- Balance sheetStretched
Debt 3.48× equity, interest covered 1.2×, Piotroski 6 of 9.
- Red flags5 to check
Return on equity is low at 0.7%.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹68 Cr
- Small cap
- P/E
- 33.0
- Industry 18.2
- Price to book
- 16.73
- Peers 2.62
- Dividend yield
- 0.00%
- ROE
- 0.7%
- Peers 11.7%
- ROCE
- 13.7%
- Peers 10.6%
- Debt to equity
- 3.48
- Debt ₹14 Cr
- EPS (TTM)
- ₹22.85
- OPM (TTM)
- 8.3%
- Net margin 3.6%
- Sales growth
- +98.7%
- Latest quarter vs a year ago
- Profit growth
- +17183.9%
- Latest quarter vs a year ago
- Price to sales
- 1.20
- EV/EBITDA 17.3
Strengths and risks
Strengths
- Quarterly profit up 17183.9% on a year ago.
- Quarterly sales up 98.7% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 0.7%.
- Debt is 3.48× equity.
- P/E of 33.0 against an industry P/E of 18.2.
- 32% below its 52-week high.
- Interest coverage of only 2.1×.
About Advance Petrochemicals
Advance Petrochemicals Ltd. manufactures and sells petroleum products in India. The company offers ethanol amines, alkyl alkanolamines, non-ionic surfactants, oil field chemicals, polyethylene glycols, acrylic and co-acrylic binder glycol ethers, auxiliaries and specialty chemical hydraulic brake fluids, surface active agents, solvents, alkyl aryl ethanolamines, ethanolamines, glycols, ethylene oxide derivatives, amines, antifreeze coolant-radiator…
- Headquarters
- Ahmedabad
- Employees
- 42
- Sector
- Basic Materials
- ISIN
- INE334N01018
- Website
- advancepetro.com
Price range
- Avg volume (3M)
- 454
- 1-year return
- plus 325.4%
- From 52-week high
- minus 31.8%
Peers · Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NAVINFLUORNavin Fluorine International | 9,010.00 | plus 1.87% | 46,250 | 50.8 | 42.7 | 18.7% | 34.3% | 0.28 | 16.5% | plus 46.1% |
| DEEPAKNTRDeepak Nitrite | 1,533.60 | minus 0.67% | 20,917 | 19.7 | 22.3 | 10.8% | 18.0% | 0.27 | −0.5% | minus 11.9% |
| TATACHEMTata Chemicals | 607.45 | minus 1.36% | 15,475 | – | 12.4 | −3.0% | 12.2% | 0.36 | −4.8% | minus 31.0% |
| DEEPAKFERTDeepak Fertilisers & Petrochemicals Corp. | 1,155.30 | minus 0.69% | 14,599 | 14.8 | 11.5 | 11.2% | 17.6% | 0.76 | 2.6% | minus 22.7% |
| RPELRaghav Productivity Enhancers | 1,780.80 | plus 0.95% | 8,178 | 116.0 | 107.1 | – | 29.9% | 0.02 | 23.5% | plus 95.4% |
| GNFCGujarat Narmada Valley Fertilizers and Chemicals | 451.80 | minus 1.87% | 6,639 | 6.3 | 5.4 | 10.4% | 14.8% | 0.01 | −8.8% | minus 7.2% |
| ACIArchean Chemical Industries | 416.40 | minus 1.95% | 5,141 | 51.3 | 23.2 | 7.7% | 20.0% | 0.28 | −9.2% | minus 34.6% |
| ADVPETR-BAdvance Petrochemicals | 755.15 | minus 2.00% | 68 | 33.0 | 38.0 | 13.7% | 8.3% | 3.48 | 8.5% | plus 325.4% |
| Median of 7 peers | – | −0.69% | 14,599 | 35.2 | 22.3 | 10.6% | 18.0% | 0.28 | −0.5% | −11.9% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 9.5 | 9.5 | 12.7 | 15.7 | 18.9 | |
| 9.1 | 9.2 | 12.5 | 14.7 | 15.6 | |
| 0.4 | 0.3 | 0.2 | 1 | 3.3 | |
| 4.4% | 2.8% | 1.4% | 6.4% | 17.3% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.3 | 0.4 | 0 | 0.3 | 0.5 | |
| 0.1 | 0.1 | 0.1 | 0.3 | 0.2 | |
| 0 | −0.2 | 0 | 0.4 | 2.6 | |
| 25.3% | – | – | 38.3% | 22.7% | |
| 0 | −0.2 | 0 | 0.3 | 2 | |
| 0.13 | -2.62 | 0.02 | 2.79 | 22.66 |
Profit & loss
- Sales CAGR 3Y
- +8.5%
- Profit CAGR 3Y
- −68.6%
- EPS CAGR 3Y
- −68.4%
- ROE
- 0.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 37.1 | 35.2 | 49.9 | 47.4 | |
| – | minus 5.1% | +41.9% | minus 5.1% | |
| 34.3 | 33.3 | 48.4 | 45.2 | |
| 2.8 | 1.8 | 1.5 | 2.1 | |
| 7.6% | 5.2% | 3.1% | 4.5% | |
| −0 | −0.1 | 0 | 0.1 | |
| 0.7 | 0.8 | 0.8 | 1 | |
| 0.8 | 0.7 | 0.6 | 0.7 | |
| – | – | 0.3 | −0.3 | |
| 1.3 | 0.3 | 0.5 | 0.2 | |
| 28.2% | 30.9% | 36.4% | 84.5% | |
| 0.9 | 0.2 | 0.3 | 0 | |
| – | minus 77.1% | +39.9% | minus 90.3% | |
| 10.49 | 2.40 | 3.36 | 0.33 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.9 | 0.9 | 0.9 | 0.9 | |
| 2.6 | 2.8 | 3.1 | 3.2 | |
| 7.2 | 9 | 10.8 | 14.1 | |
| 5 | 10 | 10.4 | 13.4 | |
| 15.7 | 22.7 | 25.3 | 31.6 | |
| 5.4 | 5.8 | 7.7 | 8.9 | |
| 0.4 | – | 2.5 | – | |
| 0.4 | 0.4 | 0.4 | 0 | |
| 0.5 | 0.6 | 0.7 | 0.7 | |
| 9 | 15.9 | 14.1 | 22 | |
| 15.7 | 22.7 | 25.3 | 31.6 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.3 | 1.1 | 2.1 | 3 | |
| −2.8 | −1 | −2.5 | −1.8 | |
| −0.5 | 0.1 | 0.5 | −1.1 | |
| 0 | 0.2 | 0.1 | 0 | |
| −2.8 | −1 | −2.5 | −2 | |
| 0.6 | 0.1 | −0.4 | 1 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
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