Deepak Chemtex (BSE: DEEPAKCHEM) had a P/E of 12.3× on 6 Nov 2026, below the industry P/E of 22.1×, and the shares are 38% below their 52-week high. Sales and net profit grew 13% and 10% a year over 3 years, with ROCE of 18% and ROE of 16%. It carries very little debt. It is listed on an SME platform with a market cap of ₹102 Cr, ranked 149th of 204 Specialty Chemicals companies by market cap; the shares fell 32% over the past year.
- ₹94.35
- ₹95.00
- ₹93.44
- ₹92.30
- 13.6K
Health check
- ReturnsBehind
−31.8% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 12.3 vs industry 22.1.
- GrowthSteady
Sales +13.1%, profit +10.5% a year over 3 years.
- ProfitabilityAverage
ROCE 18.1% vs peer median 24.4%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags1 to check
38% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹102 Cr
- Small cap
- P/E
- 12.3
- Industry 22.1
- Price to book
- 1.45
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- 16.0%
- Peers 23.0%
- ROCE
- 18.1%
- Peers 24.4%
- Debt to equity
- 0.04
- Debt ₹3.06 Cr
- EPS (TTM)
- ₹7.59
- OPM (TTM)
- 18.1%
- Net margin 13.0%
- Sales growth
- +35.7%
- Latest quarter vs a year ago
- Profit growth
- +44.1%
- Latest quarter vs a year ago
- Price to sales
- 1.30
- EV/EBITDA 7.2
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 44.1% on a year ago.
- Quarterly sales up 35.7% on a year ago.
- P/E of 12.3 against an industry P/E of 22.1.
Risks to check
- 38% below its 52-week high.
About Deepak Chemtex
Deepak Chemtex Limited engages in the manufacturing and sale of specialty chemicals, colourants, and related products in India. It offers acid blue 9 powder and liquid, fast green FCF, acid dyes, salt-free and pond dyes, lake colors, and dye intermediates, as well as food, drug, and cosmetic colors. The company's products are used in various applications, including confectionary, bakery, desserts, beverages, dairy products, seasonings, pet food,…
- Headquarters
- Chennai
- Employees
- 70
- Sector
- Basic Materials
- ISIN
- INE0RDM01013
- Website
- deepakchemtex.in
Price range
- Avg volume (3M)
- 4.6K
- 1-year return
- minus 31.8%
- From 52-week high
- minus 37.7%
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% |
| DEEPAKCHEMDeepak Chemtex | 93.45 | plus 1.25% | 102 | 12.3 | 8.6 | 18.1% | 12.4% | 0.01 | 13.1% | minus 31.8% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.4% | 0.21 | 5.8% | 6.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +13.1%
- Profit CAGR 3Y
- +10.5%
- ROE
- 16.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 46.7 | 49.4 | 79.4 | 67.6 | |
| – | +5.7% | +61.0% | minus 14.9% | |
| 38.8 | 41.3 | 62.9 | 56.2 | |
| 7.9 | 8 | 16.6 | 11.4 | |
| 16.8% | 16.3% | 20.9% | 16.9% | |
| 1 | 1.2 | 2.5 | 2.9 | |
| 0 | 0.1 | 0.2 | 0.1 | |
| 0.7 | 0.9 | 2.1 | 2.6 | |
| 0 | – | 0 | −0.1 | |
| 8.2 | 8.2 | 16.7 | 11.6 | |
| 25.1% | 27.3% | 25.2% | 27.0% | |
| 6.1 | 6 | 12.4 | 8.2 | |
| – | minus 2.4% | +106.9% | minus 33.3% | |
| 5.63 | 6.71 | 11.38 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.5 | 10.9 | 10.9 | 10.9 | |
| 15.2 | 31.1 | 44.3 | 52.6 | |
| 1.4 | 1.5 | 0.9 | 0.7 | |
| 6.8 | 7.5 | 11.1 | 10.4 | |
| 23.8 | 51 | 67.1 | 74.5 | |
| 4.5 | 7.5 | 13.4 | 22.9 | |
| 0.1 | – | 0.1 | 5.6 | |
| 1 | 19.7 | 5.6 | 4 | |
| 18.3 | 23.7 | 48 | 42 | |
| 23.8 | 51 | 67.1 | 74.5 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.5 | −16.2 | 3 | 6.1 | |
| −2.2 | −3.8 | −16.4 | −7.5 | |
| −0.7 | 20.4 | −0.6 | −0.3 | |
| 0.6 | 0.4 | −14.1 | −1.6 | |
| −2.1 | −3.9 | −8.2 | −12 | |
| 1.3 | −20.1 | −5.2 | −5.9 |
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
No recent news coverage found.