Epigral (EPIGRAL) had a P/E of 13.8× on 6 Nov 2026, below the industry P/E of 18.2×, and the shares are 45% below their 52-week high. It earns ROCE of 14% and ROE of 13%, and sales grew 4.8% a year over 3 years while net profit fell 2.1%. Its dividend yield is 0.6%, and debt is 0.24× equity. It is a small-cap company with a market cap of ₹3,940 Cr, ranked 11th of 76 Chemicals companies by market cap; the shares fell 44% over the past year.
- ₹936.90
- ₹936.90
- ₹889.30
- ₹943.95
- 54K
Health check
- ReturnsBehind
−43.9% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 13.8 vs industry 18.2.
- GrowthStrong
Sales +4.8%, profit −2.1% a year over 3 years.
- ProfitabilityAverage
ROCE 13.9% vs peer median 10.6%.
- Balance sheetFair
Debt 0.24× equity, interest covered 8.3×, Piotroski 5 of 9.
- Red flags1 to check
45% below its 52-week high.
Small cap
Defensive
Key metrics
- Market cap
- ₹3,940 Cr
- Small cap
- P/E
- 13.8
- Industry 18.2
- Price to book
- 1.67
- Peers 2.62
- Dividend yield
- 0.55%
- ROE
- 12.8%
- Peers 11.7%
- ROCE
- 13.9%
- Peers 10.6%
- Debt to equity
- 0.24
- Debt ₹570 Cr
- EPS (TTM)
- ₹66.03
- Face value ₹10
- OPM (TTM)
- 21.1%
- Net margin 10.2%
- Sales growth
- +27.0%
- Latest quarter vs a year ago
- Profit growth
- +27.1%
- Latest quarter vs a year ago
- Price to sales
- 1.41
- EV/EBITDA 7.8
Strengths and risks
Strengths
- Quarterly profit up 27.1% on a year ago.
- Quarterly sales up 27.0% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- 45% below its 52-week high.
About Epigral
Epigral Limited manufactures and sells chlor-alkali and derivative products in India and internationally. The company offers chlorinated polyvinyl chloride (CPVC) resin, epichlorohydrin, chloromethanes value chain, hydrogen peroxide, caustic soda and potash, chlorine, hydrogen, chloromethanes, captive power plant (CPP), and chlorotoluene value chain, as well as operates wind-solar hybrid power plant. Its products are used in CPVC pipes and fittings,…
- Headquarters
- Ahmedabad
- Employees
- 1,135
- Sector
- Basic Materials
- ISIN
- INE071N01016
- Website
- epigral.com
Price range
- Avg volume (3M)
- 58.3K
- 1-year return
- minus 43.9%
- From 52-week high
- minus 45.3%
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% |
| EPIGRALEpigral | 913.20 | minus 3.26% | 3,940 | 13.8 | 7.9 | 13.9% | 22.2% | 0.24 | 4.8% | minus 43.9% |
| 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 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 587 | 597 | 736 | 705 | 746 | |
| 455 | 494 | 568 | 526 | 610 | |
| 132 | 103 | 169 | 179 | 136 | |
| 22.5% | 17.2% | 22.9% | 25.4% | 18.2% | |
| 1.4 | 5.5 | −1.6 | 4.7 | 6.5 | |
| 21.8 | 11 | 15.8 | 7.2 | 10.8 | |
| 42.3 | 42.8 | 41.7 | 42.9 | 44.2 | |
| 69.7 | 54.6 | 110 | 134 | 87.6 | |
| 26.5% | 28.3% | 26.1% | 25.4% | 25.7% | |
| 51.2 | 39.1 | 81 | 99.7 | 65.1 | |
| 11.87 | 9.07 | 18.76 | 22.99 | 15.09 |
Profit & loss
- Sales CAGR 3Y
- +4.8%
- Profit CAGR 3Y
- −2.1%
- EPS CAGR 3Y
- −3.3%
- ROE
- 12.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,169 | 1,894 | 2,514 | 2,495 | |
| – | minus 12.7% | +32.8% | minus 0.8% | |
| 1,480 | 1,413 | 1,804 | 1,927 | |
| 689 | 481 | 711 | 568 | |
| 31.8% | 25.4% | 28.3% | 22.8% | |
| −10 | −1.2 | 4.4 | 1 | |
| 49.8 | 62.3 | 42.5 | 46.7 | |
| 109 | 124 | 133 | 168 | |
| 2.2 | −3.4 | 1 | −13.4 | |
| 522 | 291 | 541 | 341 | |
| 32.4% | 32.6% | 33.9% | 2.6% | |
| 353 | 196 | 358 | 332 | |
| – | minus 44.6% | +82.6% | minus 7.2% | |
| 85.03 | 47.14 | 84.68 | 76.95 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 41.6 | 41.6 | 43.1 | 43.1 | |
| 1,028 | 1,213 | 1,861 | 2,178 | |
| 769 | 909 | 593 | 572 | |
| 594 | 631 | 655 | 712 | |
| 2,432 | 2,794 | 3,152 | 3,505 | |
| 1,952 | 2,235 | 2,311 | 2,567 | |
| 174 | 490 | 92 | 465 | |
| 0 | 0 | – | 2.1 | |
| 14.2 | 3.2 | 96.5 | 6.4 | |
| 292 | 66.7 | 653 | 465 | |
| 2,432 | 2,794 | 3,152 | 3,505 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 626 | 398 | 441 | 436 | |
| −437 | −401 | −262 | −355 | |
| −200 | −7.6 | −164 | −94.5 | |
| −10.8 | −11.1 | 15.5 | −13.6 | |
| −416 | −398 | −195 | −394 | |
| 210 | −0.8 | 246 | 41.4 | |
| −24.2 | −25.1 | −41.9 | −18.3 |
Shareholding pattern
- Promoters68.83%
- Public31.17%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 68.83% | 31.17% | 0.00 | |
| 30 Jun 2026 | 68.83% | 31.17% | 0.00 | |
| 31 Mar 2026 | 68.83% | 31.17% | 0.00 | |
| 31 Dec 2025 | 68.83% | 31.17% | 0.00 | |
| 30 Sep 2025 | 68.83% | 31.17% | – |
Major shareholders
Filings & events
News
No recent news coverage found.