Sudarshan Chemical Industries Ltd
SUDARSCHEMSudarshan Chemical Industries Ltd
SUDARSCHEMPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
52.50 | 6.03 | 0.46% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
30.82 | 3.48 | 1.33% |
Forecast & Ratings
Detailed Forecast from 9 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Sudarshan Chemical Industries Limited is a holding company which manufactures color and effect pigment.
Investor Presentation
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Compare with peersÂPidilite Industries Ltd
PI Industries Ltd
SRF Ltd
BASF India Ltd
Godrej Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,423.35 | 1,309.30 | 1,346.39 | 1,674.71 | 1,730.04 | 1,871.13 | 2,205.81 | 2,306.52 | 2,870.97 | 2,675.45 | ||||||||||
Raw Materials | 808.63 | 718.52 | 771.94 | 979.95 | 1,027.85 | 1,040.38 | 1,386.74 | 1,326.69 | 1,399.73 | 2,314.85 | ||||||||||
Power & Fuel Cost | 80.75 | 76.86 | 86.02 | 78.75 | 78.48 | 96.28 | 146.12 | 167.66 | 164.57 | |||||||||||
Employee Cost | 103.35 | 97.37 | 94.43 | 124.41 | 145.75 | 155.66 | 183.97 | 183.95 | 209.95 | |||||||||||
Selling & Administrative Expenses | 117.28 | 78.09 | 90.56 | 103.49 | 113.54 | 115.83 | 124.45 | 146.05 | 188.88 | |||||||||||
Operating & Other expenses | 129.75 | 124.27 | 97.97 | 100.04 | 94.64 | 165.98 | 81.53 | 264.17 | 257.26 | |||||||||||
EBITDA | 183.59 | 214.19 | 205.47 | 288.07 | 269.78 | 297.00 | 283.00 | 218.00 | 650.58 | 360.60 | ||||||||||
Depreciation/Amortization | 48.10 | 48.98 | 57.74 | 65.57 | 73.51 | 86.51 | 89.26 | 114.23 | 141.17 | 143.69 | ||||||||||
PBIT | 135.49 | 165.21 | 147.73 | 222.50 | 196.27 | 210.49 | 193.74 | 103.77 | 509.41 | 216.91 | ||||||||||
Interest & Other Items | 36.52 | 29.50 | 24.65 | 19.41 | 16.40 | 20.11 | 22.61 | 44.04 | 38.88 | 32.87 | ||||||||||
PBT | 98.97 | 135.71 | 123.08 | 203.09 | 179.87 | 190.38 | 171.13 | 59.73 | 470.53 | 184.04 | ||||||||||
Taxes & Other Items | 29.06 | 34.35 | 38.37 | 67.99 | 35.35 | 49.27 | 41.15 | 14.98 | 113.08 | 52.04 | ||||||||||
Net Income | 69.91 | 101.36 | 84.71 | 135.10 | 144.52 | 141.11 | 129.98 | 44.75 | 357.45 | 132.00 | ||||||||||
EPS | 10.10 | 14.64 | 12.24 | 19.52 | 20.88 | 20.38 | 18.78 | 6.46 | 51.63 | 19.07 | ||||||||||
DPS | 3.00 | 3.50 | 3.50 | 6.00 | 6.30 | 6.00 | 5.00 | 1.50 | 4.60 | 4.60 | ||||||||||
Payout ratio | 0.30 | 0.24 | 0.29 | 0.31 | 0.30 | 0.29 | 0.27 | 0.23 | 0.09 | 0.24 |
Company Updates
Peers & Comparison
MaterialsDiversified Chemicals
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Sudarshan Chemical Industries Ltd | 19.39 | 6.03 | 0.46% |
Pidilite Industries Ltd | 91.78 | 18.42 | 0.51% |
PI Industries Ltd | 40.27 | 7.76 | 0.34% |
SRF Ltd | 49.86 | 5.80 | 0.32% |
Price Comparison
Compare SUDARSCHEM with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 2.67%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 1.63%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 8.9317% | Percentage of the fund’s portfolio invested in the stock 1.82% | Change in the portfolio weight of the stock over the last 3 months 0.38% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 52/92 (+2) |
Axis Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.6097% | Percentage of the fund’s portfolio invested in the stock 1.01% | Change in the portfolio weight of the stock over the last 3 months 0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 42/135 (-12) |
Franklin India Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.2771% | Percentage of the fund’s portfolio invested in the stock 2.81% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 39/72 (0) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
Dividend Yield
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
Dividend/Share
₹1.00
Ex DateEx Date
Jul 26, 2024
Cash Dividend
Ex DateEx DateMar 19, 2024
Dividend/Share
₹3.60
Ex DateEx Date
Mar 19, 2024
Cash Dividend
Ex DateEx DateAug 1, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Aug 1, 2022
Cash Dividend
Ex DateEx DateJul 29, 2021
Dividend/Share
₹6.00
Ex DateEx Date
Jul 29, 2021
Cash Dividend
Ex DateEx DateMar 12, 2020
Dividend/Share
₹0.50
Ex DateEx Date
Mar 12, 2020
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
Sudarshan Chemical Industries will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
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
Sudarshan Chemical Industries will hold a meeting of the Board of Directors of the Company on 16 October 2024.Powered by Capital Market - Live
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
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
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
Sudarshan Chemical Industries will hold a meeting of the Board of Directors of the Company on 2 August 2024.Powered by Capital Market - Live
Sudarshan Chemical - Rising Opportunity From Industry Shake Up; Fairly Valued: ICICI Securities
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 11.38%, vs industry avg of 9.82%
Decreasing Market Share
Over the last 5 years, market share decreased from 2.93% to 2.67%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 21.48%, vs industry avg of 3.99%