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Sudarshan Chemical Industries Ltd

SUDARSCHEM

Sudarshan Chemical Industries Ltd

SUDARSCHEM
MaterialsDiversified Chemicals
SmallcapWith a market cap of ₹6,929 cr, stock is ranked 662
High RiskStock is 3.33x as volatile as Nifty
1,001.054.35% (-45.55)
1,001.054.35% (-45.55)

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MaterialsDiversified Chemicals
SmallcapWith a market cap of ₹6,929 cr, stock is ranked 662
High RiskStock is 3.33x as volatile as Nifty
Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsDiversified Chemicals
SmallcapWith a market cap of ₹6,929 cr, stock is ranked 662
High RiskStock is 3.33x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
52.506.030.46%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
30.823.481.33%

Forecast & Ratings

Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 9 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Sudarshan Chemical Industries Limited is a holding company which manufactures color and effect pigment.

Investor Presentation

View older 

Oct 28, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 11.38%, vs industry avg of 9.82%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 2.93% to 2.67%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 21.48%, vs industry avg of 3.99%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,423.351,309.301,346.391,674.711,730.041,871.132,205.812,306.522,870.972,675.45
Raw Materialssubtract808.63718.52771.94979.951,027.851,040.381,386.741,326.691,399.732,314.85
Power & Fuel Costsubtract80.7576.8686.0278.7578.4896.28146.12167.66164.57
Employee Costsubtract103.3597.3794.43124.41145.75155.66183.97183.95209.95
Selling & Administrative Expensessubtract117.2878.0990.56103.49113.54115.83124.45146.05188.88
Operating & Other expensessubtract129.75124.2797.97100.0494.64165.9881.53264.17257.26
Depreciation/Amortizationsubtract48.1048.9857.7465.5773.5186.5189.26114.23141.17143.69
Interest & Other Itemssubtract36.5229.5024.6519.4116.4020.1122.6144.0438.8832.87
Taxes & Other Itemssubtract29.0634.3538.3767.9935.3549.2741.1514.98113.0852.04
EPS10.1014.6412.2419.5220.8820.3818.786.4651.6319.07
DPS3.003.503.506.006.306.005.001.504.604.60
Payout ratio0.300.240.290.310.300.290.270.230.090.24

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 26PDF
Jan 25PDF
Oct 29PDF
FY 2023

Annual report

PDF

Investor Presentation

May 23PDF
Feb 9PDF
Nov 9PDF
Aug 8PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 8PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 28PDF
Oct 14PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsDiversified Chemicals

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Sudarshan Chemical Industries Ltd19.396.030.46%
Pidilite Industries Ltd91.7818.420.51%
PI Industries Ltd40.277.760.34%
SRF Ltd49.865.800.32%

Price Comparison

Compare SUDARSCHEM with any stock or ETF
Compare SUDARSCHEM with any stock or ETF
SUDARSCHEM
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 2.67%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.63%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding30.55%19.43%0.39%8.34%41.29%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep3.48%4.64%4.21%4.49%6.71%8.34%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Sudarshan Chemical Industries Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
HDFC Small Cap Fund - Growth - Direct Plan

Growth
8.9317%1.82%0.38%52/92 (+2)
Axis Small Cap Fund - Growth - Direct Plan

Growth
3.6097%1.01%0.07%42/135 (-12)
Franklin India Opportunities Fund - Growth - Direct Plan

Growth
2.2771%2.81%0.03%39/72 (0)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.44%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹4.40 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 26, 2024

Final
Final | Div/Share: ₹1.00

Dividend/Share

₹1.00

Ex DateEx Date

Jul 26, 2024

Cash Dividend

Ex DateEx DateMar 19, 2024

Interim
Interim | Div/Share: ₹3.60

Dividend/Share

₹3.60

Ex DateEx Date

Mar 19, 2024

Cash Dividend

Ex DateEx DateAug 1, 2022

Final
Final | Div/Share: ₹5.00

Dividend/Share

₹5.00

Ex DateEx Date

Aug 1, 2022

Cash Dividend

Ex DateEx DateJul 29, 2021

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Jul 29, 2021

Cash Dividend

Ex DateEx DateMar 12, 2020

Special
Special | Div/Share: ₹0.50

Dividend/Share

₹0.50

Ex DateEx Date

Mar 12, 2020

News & Opinions
Earnings
Sudarshan Chemical Industries consolidated net profit rises 67.41% in the September 2024 quarter

Net profit of Sudarshan Chemical Industries rose 67.41% to Rs 29.90 crore in the quarter ended September 2024 as against Rs 17.86 crore during the previous quarter ended September 2023. Sales rose 15.83% to Rs 688.91 crore in the quarter ended September 2024 as against Rs 594.75 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales688.91594.75 16 OPM %13.7211.03 - PBDT90.5861.64 47 PBT53.9726.22 106 NP29.9017.86 67 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Sudarshan Chemical Industries to discuss results

Sudarshan Chemical Industries will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Board of Sudarshan Chemical Industries approves raising Rs 1,000 cr via issue of securities

The Board of Sudarshan Chemical Industries at its meeting held on 16 October 2024 has approved raising of funds of Rs 1,000 crore plus green shoe option upto 25% by way of issuance of Equity Shares or any other eligible securities (Securities) through permissible modes, including but not limited to Qualified Institutions Placements (QIP), Preferential Issue, Rights Issue, Private Placement, Bonds, Debentures, Follow-On Public Offer (FPO), Global Depository Receipts (GDR), Foreign Currency Convertible Bonds (FCCB) or any other method or combination of methods as may be considered appropriate or necessary and as permitted under applicable laws, subject to such regulatory / statutory approvals as may be required and subject to approval of Shareholders of the Company by way of Postal Ballot. Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Sudarshan Chemical Industries to hold board meeting

Sudarshan Chemical Industries will hold a meeting of the Board of Directors of the Company on 16 October 2024.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Sudarshan Chemical to acquire Germany-based Heubach Group

Sudarshan Chemical Industries has entered into a definitive agreement with the Germany-based Heubach Group, on its acquisition in a combination of an asset and share deal. This strategic acquisition will create a global pigment company, combining SCIL's operations and expertise with Heubach's technological capabilities. Post-acquisition, the combined company will have a broad pigment portfolio of high-quality products and a strong presence in major markets including Europe and the Americas. It will enhance SCIL's product portfolio, giving it access to customers and a diversified asset footprint across 19 sites globally. The combined company will be led by Rajesh Rathi and a high performing management team with quality execution skills and technical competency. The Heubach Group has a 200-year history and became the second largest pigment player in the world after its integration with Clariant in 2022. Heubach had over a billion euros in revenue in FY21 and FY22, with a global footprint especially in Europe, Americas, and the APAC region. The Group faced financial challenges over the past two years due to rising costs, inventory issues, and high interest rates. SCIL's acquisition of Heubach will address these challenges with a clear turnaround plan.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Sudarshan Chemical hits life high after arm inks pact to acquire Heubach Group's pigment biz

Heubach is a key player within the Speciality Chemicals Industry which consists of organic pigments, inorganic pigments, dyes, dispersions and anti-corrosion pigments. Turnover was Euro 878.8 million in calendar year 2023. The company will acquire assets and business operations of Heubach Colorants Germany GmbH, Heubach GmbH, Dr. Hans Heubach GmbH, and Heubach Group GmbH and participations held by Heubach Holding Switzerland AG, in downstream group companies in various countries from insolvency administrator in the aforesaid countries. Further, it will also acquire 100% shareholding of Heubach Holdings S.a.r.l., a Luxemburg based Heubach Group Company having investments in shareholding in companies based in India and USA. Post-acquisition, the combined entity will have a comprehensive pigment portfolio of high-quality products and a strong presence in major markets including Europe and the Americas. It will enhance the company's product portfolio, giving it deeper access to customers and a diversified asset footprint across 19 sites globally. The company will acquire for total consideration of Rs 1,180 crore (Euro 127.5 million) and said transaction is expected to close in 3-4 months. Sudarshan Chemical Industries is a leading color & effect pigment manufacturer. It primarily serves the coatings, plastics, inks and cosmetics markets. The company's consolidated net profit fell 89% to Rs 29.43 crore in Q1 FY25 as compared with Rs 266.96 crore in Q1 FY24. Net sales increased 4.1% YoY to Rs 626.70 crore in Q1 FY24. The counter hit an all time high of Rs 1,216.55 in intrady today.Powered by Capital Market - Live

3 weeks agoCapital Market - Live

Sudarshan Chemical Industries consolidated net profit declines 88.98% in the June 2024 quarter

3 months agoBusiness Standard
Earnings
Sudarshan Chemical Industries consolidated net profit declines 88.98% in the June 2024 quarter

Net profit of Sudarshan Chemical Industries declined 88.98% to Rs 29.43 crore in the quarter ended June 2024 as against Rs 266.96 crore during the previous quarter ended June 2023. Sales rose 4.06% to Rs 626.70 crore in the quarter ended June 2024 as against Rs 602.27 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales626.70602.27 4 OPM %12.8611.60 - PBDT77.0463.71 21 PBT41.1129.11 41 NP29.43266.96 -89 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Sudarshan Chemical Industries schedules board meeting

Sudarshan Chemical Industries will hold a meeting of the Board of Directors of the Company on 2 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live

Sudarshan Chemical - Rising Opportunity From Industry Shake Up; Fairly Valued: ICICI Securities

4 months agoBloomberg Quint