As of 6 Nov 2026, Sudarshan Chemical Industries trades at 96.1× trailing earnings, above the industry P/E of 22.1×, and the shares are 21% below their 52-week high. Sales grew 62% a year over 3 years while net profit fell 21%; its ROCE of 4.6% is the lowest among the 7 largest Specialty Chemicals peers. Debt is 0.64× equity, and its dividend yield is 0.5%. It is a small-cap company with a market cap of ₹8,494 Cr, ranked 25th of 204 Specialty Chemicals companies by market cap; the shares fell 6.5% over the past year.
- ₹1,081.90
- ₹1,092.00
- ₹1,016.85
- ₹1,085.05
- 6.5 L
Health check
- ReturnsBehind
−6.5% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 96.1 vs industry 22.1.
- GrowthSteady
Sales +62.2%, profit −20.7% a year over 3 years.
- ProfitabilityWeak
ROCE 4.6% vs peer median 24.4%.
- Balance sheetFair
Debt 0.64× equity, interest covered 2.0×, Piotroski 4 of 9.
- Red flags2 to check
Return on equity is low at 0.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹8,494 Cr
- Small cap
- P/E
- 96.1
- Industry 22.1
- Price to book
- 2.43
- Peers 13.33
- Dividend yield
- 0.47%
- ROE
- 0.7%
- Peers 23.0%
- ROCE
- 4.6%
- Peers 24.4%
- Debt to equity
- 0.64
- Debt ₹2,473 Cr
- EPS (TTM)
- ₹11.10
- Face value ₹2
- OPM (TTM)
- 5.8%
- Net margin 0.7%
- Sales growth
- +5.4%
- Latest quarter vs a year ago
- Profit growth
- +106.1%
- Latest quarter vs a year ago
- Price to sales
- 0.86
- EV/EBITDA 18.0
Strengths and risks
Strengths
- Quarterly profit up 106.1% 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%.
- P/E of 96.1 against an industry P/E of 22.1.
About Sudarshan Chemical Industries
Sudarshan Chemical Industries Limited, together with its subsidiaries, manufactures and sells organic, inorganic and effect pigments, performance colorants, pearlescent pigments, and specialty chemicals in India and internationally. It operates through two segments, Pigments and Others. The company offers architectural, automotive, floor, industrial, wood, coil, glass, and powder coating products, as well as area marking and traffic paints; pigment…
- Headquarters
- Pune
- Employees
- 1,436
- Sector
- Basic Materials
- ISIN
- INE659A01023
- Website
- sudarshan.com
Price range
- Avg volume (3M)
- 3.8 L
- 1-year return
- minus 6.5%
- From 52-week high
- minus 20.8%
Analyst consensus
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% |
| SUDARSCHEMSudarshan Chemical Industries | 1,066.60 | minus 1.70% | 8,494 | 96.1 | 19.2 | 4.6% | 6.2% | 0.64 | 62.2% | minus 6.5% |
| 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 |
|---|---|---|---|---|---|
| 2,507 | 2,387 | 2,103 | 2,790 | 2,642 | |
| 2,326 | 2,277 | 2,089 | 2,591 | 2,386 | |
| 181 | 110 | 14.2 | 199 | 256 | |
| 7.2% | 4.6% | 0.7% | 7.1% | 9.7% | |
| 44.4 | 60 | 45.4 | 64.6 | 35 | |
| 44.1 | 43.6 | 36.4 | 40.8 | 40.5 | |
| 99 | 97.2 | 101 | 50.4 | 93.1 | |
| – | – | −45.4 | −4.9 | – | |
| 82.2 | 29.5 | −123 | 168 | 157 | |
| 33.1% | 34.6% | 5.5% | 50.8% | 34.3% | |
| 47.2 | 11.7 | −115 | 78.7 | 97.3 | |
| 6.00 | 1.50 | -14.70 | 10.00 | 12.30 |
Profit & loss
- Sales CAGR 3Y
- +62.2%
- Profit CAGR 3Y
- −20.7%
- EPS CAGR 3Y
- −24.5%
- ROE
- 0.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,286 | 2,522 | 3,324 | 9,768 | |
| – | +10.3% | +31.8% | +193.8% | |
| 2,055 | 2,190 | 3,017 | 9,268 | |
| 231 | 332 | 308 | 500 | |
| 10.1% | 13.2% | 9.3% | 5.1% | |
| −17.2 | −5.8 | 102 | 166 | |
| 39.9 | 35 | 42.4 | 155 | |
| 114 | 141 | 166 | 347 | |
| −0.1 | 321 | −102 | −7 | |
| 59.7 | 471 | 99.3 | 157 | |
| 25.1% | 24.0% | 39.3% | 73.9% | |
| 44.8 | 357 | 55.9 | 22.3 | |
| – | +698.4% | minus 84.4% | minus 60.1% | |
| 6.50 | 51.60 | 7.90 | 2.80 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.8 | 13.8 | 15.7 | 15.7 | |
| 814 | 1,135 | 3,377 | 3,435 | |
| 829 | 467 | 2,378 | 2,473 | |
| 735 | 739 | 3,923 | 3,800 | |
| 2,392 | 2,355 | 9,693 | 9,723 | |
| 1,130 | 1,082 | 2,774 | 2,981 | |
| 45.1 | 16.3 | 125 | 120 | |
| 2 | 2.4 | 14.5 | 15 | |
| 20.4 | 47.2 | 1,476 | 1,364 | |
| 1,194 | 1,207 | 5,304 | 5,243 | |
| 2,392 | 2,355 | 9,693 | 9,723 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 287 | 193 | 71.3 | 344 | |
| −189 | 279 | −1,583 | 165 | |
| −103 | −446 | 2,596 | −680 | |
| −4.9 | 26.8 | 1,085 | −171 | |
| −192 | −78.5 | −94.6 | −270 | |
| 94.6 | 115 | −23.3 | 73.6 | |
| −34.3 | −33.3 | −9.2 | −35.6 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 32.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.