Chembond Chemicals (CHEMBONDCH) had a P/E of 17.6× on 6 Nov 2026, below the industry P/E of 22.1×, and the shares are 23% below their 52-week high. Sales fell 9.5% a year over 3 years while net profit grew 12%, with ROCE of 22% and ROE of 17%. It carries very little debt, and its dividend yield is 0.6%. It is a small-cap company with a market cap of ₹601 Cr, ranked 94th of 204 Specialty Chemicals companies by market cap; the shares rose 48% over the past year.
- ₹225.00
- ₹226.00
- ₹218.00
- ₹227.71
- 4.1K
Health check
- ReturnsAhead
+48.5% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 17.6 vs industry 22.1.
- GrowthSlow
Sales −9.5%, profit +11.7% a year over 3 years.
- ProfitabilityAverage
ROCE 21.6% vs peer median 24.4%.
- Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
- Red flags1 to check
Quarterly profit down 55.0% on a year ago.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹601 Cr
- Small cap
- P/E
- 17.6
- Industry 22.1
- Price to book
- 2.78
- Peers 13.33
- Dividend yield
- 0.55%
- ROE
- 17.0%
- Peers 23.0%
- ROCE
- 21.6%
- Peers 24.4%
- Debt to equity
- 0.01
- Debt ₹1.55 Cr
- EPS (TTM)
- ₹12.73
- Face value ₹5
- OPM (TTM)
- 12.9%
- Net margin 9.3%
- Sales growth
- +31.1%
- Latest quarter vs a year ago
- Profit growth
- −55.0%
- Latest quarter vs a year ago
- Price to sales
- 1.62
- EV/EBITDA 11.4
Strengths and risks
Strengths
- Return on capital employed of 21.6%.
- Practically debt-free.
- Quarterly sales up 31.1% on a year ago.
Risks to check
- Quarterly profit down 55.0% on a year ago.
About Chembond Chemicals
Chembond Chemicals Limited engages in the manufacture, trading, and provision of services for specialty chemicals products in India. It offers a range of chemicals, equipment systems, and technical services for total water management and water reuse across industrial, commercial, and institutional sectors. The company also provides concrete additives, joint sealants, cement-based ready-to-use tile adhesives and repair mortars, waterproofing solutions, and…
- Headquarters
- Navi Mumbai
- Employees
- 119
- Sector
- Basic Materials
- ISIN
- INE0TGX01019
- Website
- chembondindia.com
Price range
- Avg volume (3M)
- 16.1K
- 1-year return
- plus 48.5%
- From 52-week high
- minus 22.9%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 16.5% | 0.09 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.4% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| CHEMBONDCHChembond Chemicals | 223.50 | minus 1.85% | 601 | 17.6 | 10.9 | 21.6% | 12.9% | 0.01 | −9.5% | plus 48.5% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.4% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 65.4 | 86.3 | 101 | 86.5 | 95.8 | |
| 57 | 74 | 85.5 | 75.2 | 87.4 | |
| 8.4 | 12.4 | 15.9 | 11.3 | 8.3 | |
| 12.9% | 14.3% | 15.7% | 13.1% | 8.7% | |
| 2.7 | 1 | −0.2 | 2.8 | 0.1 | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| 1.2 | 1.3 | 1.5 | 1.2 | 1.3 | |
| 9.8 | 11.9 | 14 | 12.8 | 7 | |
| 36.0% | 18.5% | 16.7% | 25.3% | 53.5% | |
| 6.3 | 9.7 | 11.7 | 9.5 | 3.3 | |
| 2.33 | 3.62 | 4.36 | 3.54 | 1.21 |
Profit & loss
- Sales CAGR 3Y
- −9.5%
- Profit CAGR 3Y
- +11.7%
- EPS CAGR 3Y
- +11.7%
- ROE
- 17.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 439 | 282 | 291 | 325 | |
| – | minus 35.7% | +3.3% | +11.6% | |
| 402 | 239 | 248 | 276 | |
| 37.1 | 43 | 43.1 | 49.4 | |
| 8.4% | 15.2% | 14.8% | 15.2% | |
| 0.4 | 0.8 | 2.1 | 1 | |
| 0.5 | 0.1 | 0.1 | 0.3 | |
| 4.5 | 2.6 | 4.9 | 5.4 | |
| 1.5 | 1.4 | 2 | 0.5 | |
| 33.9 | 42.5 | 42.2 | 45.3 | |
| 25.9% | 29.3% | 26.7% | 23.2% | |
| 25.1 | 30.1 | 31 | 35 | |
| – | +20.0% | +3.1% | +12.6% | |
| 9.33 | 11.20 | – | 13.00 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.7 | – | – | 13.4 | |
| 315 | – | – | 194 | |
| 6.5 | 6.7 | – | – | |
| 73.7 | 32.8 | 41.9 | 46.7 | |
| 402 | 183 | 216 | 254 | |
| 54.2 | 21.5 | 21.1 | 22.4 | |
| 12.9 | 0.2 | 0.3 | 0 | |
| 43.8 | 5 | 6.8 | 7.9 | |
| 37 | 33.8 | 42.5 | 42.6 | |
| 254 | 122 | 145 | 181 | |
| 402 | 183 | 216 | 254 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.9 | −55.6 | 9.8 | 8.3 | |
| 1.4 | 48.4 | −8.5 | 0.8 | |
| −2.1 | 12.9 | −0.7 | −4 | |
| 0.2 | 5.6 | 0.6 | 5 | |
| −14.6 | −19.8 | −4.6 | −6.9 | |
| −13.7 | −75.4 | 5.2 | 1.4 | |
| −6.8 | −4 | – | −3.4 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
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