Padmanabh Industries (BSE: PADMAIND) had a P/E of 19.0× on 6 Nov 2026, below the industry P/E of 22.1×, and the shares are 20% below their 52-week high. Its ROCE of 31% is the highest among the 7 largest Specialty Chemicals peers. Debt is 6.18× equity. It is a small-cap company with a market cap of ₹5.32 Cr, ranked 204th of 204 Specialty Chemicals companies by market cap; the shares fell 17% over the past year.
- ₹8.76
- ₹8.76
- ₹8.76
- ₹8.76
- 200
Health check
- ReturnsBehind
−17.0% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 19.0 vs industry 22.1.
- Growthn/a
Not enough yearly results to measure.
- ProfitabilityStrong
ROCE 31.3% vs peer median 24.4%.
- Balance sheetStretched
Debt 6.18× equity, interest covered 2.3×, Piotroski 7 of 9.
- Red flags2 to check
Debt is 6.18× equity.
Small cap
Defensive
Key metrics
- Market cap
- ₹5.32 Cr
- Small cap
- P/E
- 19.0
- Industry 22.1
- Price to book
- 27.63
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- 333.1%
- Peers 23.0%
- ROCE
- 31.3%
- Peers 24.4%
- Debt to equity
- 6.18
- Debt ₹1.18 Cr
- EPS (TTM)
- ₹0.46
- OPM (TTM)
- 1.0%
- Net margin 1.2%
- Sales growth
- +856.5%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.23
- EV/EBITDA 12.4
Strengths and risks
Strengths
- Return on equity of 333.1%.
- Return on capital employed of 31.3%.
- Quarterly sales up 856.5% on a year ago.
Risks to check
- Debt is 6.18× equity.
- Interest coverage of only 2.5×.
About Padmanabh Industries
Padmanabh Industries Limited engages in the trading of agriculture goods and commodity and agri materials in India. The company was formerly known as Nilchem Industries Limited and changed its name to Padmanabh Industries Limited in January 2015. The company was incorporated in 1994 and is based in Ahmedabad, India.
- Headquarters
- Ahmedabad
- Sector
- Basic Materials
- ISIN
- INE743D01011
- Website
- padmanabhindustries.in
Price range
- Avg volume (3M)
- 958
- 1-year return
- minus 17.0%
- From 52-week high
- minus 20.2%
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% | 15.3% | 0.15 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.1% | 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% |
| PADMAINDPadmanabh Industries | 8.76 | 0.00% | 5 | 19.0 | 13.7 | 31.3% | 1.0% | 6.18 | – | minus 17.0% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.1 | – | 7.2 | 14.7 | 1.1 | |
| 0.1 | – | 6.9 | 14.5 | 1.1 | |
| −0 | −0.1 | 0.3 | 0.2 | 0 | |
| −8.5% | – | 3.9% | 1.7% | 2.0% | |
| 0 | 0 | 0 | 0 | 0 | |
| – | 0.1 | 0 | 0 | – | |
| 0 | 0 | 0 | 0 | 0 | |
| −0 | −0.2 | 0.2 | 0.2 | 0 | |
| – | – | −1.6% | 1.6% | – | |
| −0 | −0.2 | 0.2 | 0.2 | 0 | |
| -0.03 | -0.32 | 0.37 | 0.39 | 0.02 |
Profit & loss
- ROE
- 333.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| – | 0.6 | 3.1 | 22 | |
| – | – | +420.0% | +611.3% | |
| – | 0.6 | 3.1 | 21.6 | |
| −0.1 | −0 | 0 | 0.5 | |
| – | −3.7% | 1.5% | 2.1% | |
| 0 | 0 | −0 | 0 | |
| – | – | 0 | 0.2 | |
| 0 | 0 | 0 | 0 | |
| 0.1 | – | – | – | |
| −0 | −0.1 | −0 | 0.2 | |
| – | – | 339.3% | – | |
| −0 | −0.1 | 0 | 0.2 | |
| -0.00 | -0.09 | 0.02 | 0.39 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.1 | 6.1 | 6.1 | 6.1 | |
| −6.1 | −6.1 | −6.1 | −5.9 | |
| 0.6 | 0.6 | 3.5 | 1.2 | |
| 0.9 | 1 | 0.4 | 2 | |
| 1.5 | 1.5 | 3.8 | 3.3 | |
| 0 | 0 | 0.1 | 0.1 | |
| 1.5 | 1.5 | 3.8 | 3.2 | |
| 1.5 | 1.5 | 3.8 | 3.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.2 | 0 | −2.8 | 2.5 | |
| 1.1 | −0 | – | – | |
| – | – | 2.9 | −2.5 | |
| −0 | −0 | 0.1 | 0 | |
| −1.2 | 0 | −2.8 | 2.5 |
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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