Sreechem Resins Ltd
Incorporated in 1988, Sreechem Resins Ltd is a manufacturer of Phenolic Resins & Allied Product
- Market Cap ₹ 14.9 Cr.
 - Current Price ₹ 35.5
 - High / Low ₹ 76.8 / 29.3
 - Stock P/E
 - Book Value ₹ 34.0
 - Dividend Yield 0.00 %
 - ROCE -1.99 %
 - ROE -3.63 %
 - Face Value ₹ 10.0
 
Pros
- Company has reduced debt.
 - Stock is trading at 1.04 times its book value
 
Cons
- Company has low interest coverage ratio.
 - The company has delivered a poor sales growth of 3.63% over past five years.
 - Promoter holding is low: 24.8%
 - Company has a low return on equity of 7.06% over last 3 years.
 
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30.69 | 31.27 | 24.42 | 24.95 | 28.27 | 32.88 | 29.71 | 34.47 | 72.53 | 76.53 | 52.97 | 35.50 | 35.50 | |
| 29.61 | 30.28 | 24.27 | 24.73 | 28.03 | 32.44 | 28.81 | 31.52 | 67.47 | 74.38 | 48.89 | 35.32 | 35.54 | |
| Operating Profit | 1.08 | 0.99 | 0.15 | 0.22 | 0.24 | 0.44 | 0.90 | 2.95 | 5.06 | 2.15 | 4.08 | 0.18 | -0.04 | 
| OPM % | 3.52% | 3.17% | 0.61% | 0.88% | 0.85% | 1.34% | 3.03% | 8.56% | 6.98% | 2.81% | 7.70% | 0.51% | -0.11% | 
| 0.03 | 0.08 | 0.13 | 0.05 | -0.45 | 0.02 | 0.04 | 0.06 | 0.05 | 0.05 | 0.08 | 0.16 | 0.18 | |
| Interest | 0.53 | 0.49 | 0.34 | 0.30 | 0.28 | 0.34 | 0.31 | 0.37 | 0.65 | 0.61 | 0.45 | 0.32 | 0.30 | 
| Depreciation | 0.46 | 0.24 | 0.24 | 0.25 | 0.25 | 0.22 | 0.19 | 0.23 | 0.34 | 0.50 | 0.50 | 0.54 | 0.55 | 
| Profit before tax | 0.12 | 0.34 | -0.30 | -0.28 | -0.74 | -0.10 | 0.44 | 2.41 | 4.12 | 1.09 | 3.21 | -0.52 | -0.71 | 
| Tax % | 33.33% | 29.41% | 0.00% | -3.57% | -28.38% | 0.00% | 40.91% | 22.82% | 24.51% | 24.77% | 26.79% | -28.85% | |
| 0.09 | 0.24 | -0.31 | -0.26 | -0.53 | -0.10 | 0.26 | 1.85 | 3.10 | 0.82 | 2.35 | -0.37 | -0.48 | |
| EPS in Rs | 0.22 | 0.60 | -0.78 | -0.65 | -1.32 | -0.25 | 0.65 | 4.62 | 7.75 | 2.05 | 5.88 | -0.88 | -1.14 | 
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% | 
| 5 Years: | 4% | 
| 3 Years: | -21% | 
| TTM: | -35% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % | 
| 5 Years: | % | 
| 3 Years: | % | 
| TTM: | -116% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | % | 
| 5 Years: | 53% | 
| 3 Years: | -44% | 
| 1 Year: | -49% | 
| Return on Equity | |
|---|---|
| 10 Years: | 9% | 
| 5 Years: | 14% | 
| 3 Years: | 7% | 
| Last Year: | -4% | 
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.20 | 
| Reserves | 2.37 | 2.61 | 2.30 | 2.04 | 1.51 | 1.41 | 1.66 | 3.52 | 6.62 | 7.43 | 9.80 | 10.09 | 
| 3.69 | 2.83 | 2.65 | 2.13 | 2.70 | 3.13 | 3.50 | 5.76 | 7.31 | 3.79 | 3.92 | 2.23 | |
| 4.29 | 2.36 | 3.56 | 1.73 | 3.93 | 2.71 | 5.50 | 6.45 | 5.44 | 1.19 | 2.39 | 0.75 | |
| Total Liabilities | 14.35 | 11.80 | 12.51 | 9.90 | 12.14 | 11.25 | 14.66 | 19.73 | 23.37 | 16.41 | 20.11 | 17.27 | 
| 2.15 | 1.92 | 1.82 | 1.67 | 1.47 | 1.58 | 1.80 | 2.50 | 5.14 | 6.19 | 6.23 | 5.88 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.51 | 1.98 | 0.97 | 0.01 | 0.12 | 0.14 | 
| Investments | 0.03 | 0.03 | 0.06 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.03 | 0.04 | 2.14 | 
| 12.17 | 9.85 | 10.63 | 8.20 | 10.64 | 9.64 | 12.33 | 15.23 | 17.24 | 10.18 | 13.72 | 9.11 | |
| Total Assets | 14.35 | 11.80 | 12.51 | 9.90 | 12.14 | 11.25 | 14.66 | 19.73 | 23.37 | 16.41 | 20.11 | 17.27 | 
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.97 | 1.26 | 0.46 | 0.91 | -0.32 | 0.23 | 0.90 | 0.27 | 1.00 | 4.71 | 0.77 | 3.29 | |
| -0.12 | 0.06 | -0.16 | -0.09 | -0.04 | -0.34 | -0.86 | -2.40 | -1.96 | -0.60 | -0.51 | -2.17 | |
| -1.06 | -1.34 | -0.35 | -0.77 | 0.33 | 0.13 | 0.10 | 1.95 | 0.95 | -4.10 | -0.26 | -1.12 | |
| Net Cash Flow | -0.21 | -0.02 | -0.05 | 0.04 | -0.04 | 0.02 | 0.13 | -0.19 | -0.01 | 0.02 | -0.01 | 0.00 | 
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 47.93 | 22.18 | 56.50 | 42.57 | 58.23 | 45.96 | 91.77 | 101.12 | 48.86 | 18.41 | 56.92 | 46.78 | 
| Inventory Days | 102.45 | 96.91 | 110.29 | 83.56 | 84.03 | 66.14 | 65.99 | 73.96 | 46.76 | 28.13 | 46.32 | 52.16 | 
| Days Payable | 45.10 | 22.51 | 53.39 | 24.69 | 59.14 | 37.31 | 86.93 | 92.30 | 32.46 | 4.81 | 15.89 | 2.92 | 
| Cash Conversion Cycle | 105.28 | 96.58 | 113.39 | 101.44 | 83.12 | 74.79 | 70.83 | 82.79 | 63.16 | 41.73 | 87.35 | 96.02 | 
| Working Capital Days | 50.19 | 54.51 | 67.71 | 60.57 | 46.22 | 37.74 | 35.50 | 50.19 | 36.84 | 26.04 | 50.51 | 58.61 | 
| ROCE % | 6.30% | 7.90% | 0.44% | 0.23% | 0.24% | 2.99% | 8.47% | 24.78% | 30.57% | 10.26% | 22.22% | -1.99% | 
Documents
Announcements
- 
        
          Announcement under Regulation 30 (LODR)-Change in Management
          
            29 Oct - Ms Komal Bhauwala resigned as Company Secretary & Compliance Officer; tendered 03-Oct-2025; relieved effective 29-Oct-2025.
 - 
        
          Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
          
            29 Oct - Komal Bhauwala resigned as Company Secretary & Compliance Officer; effective close of business Oct 29, 2025.
 - 
        
          Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
          
            10 Oct - Certificate for the Quarter ended 30th September 2025 received from MCS Share Transfer Agent Limited, Registrar and Share Transfer Agent of our Company.
 - Submission Of Report On Details Of Shares Re-Lodged For Transfer Cum Demat Pursuant To SEBI Circular No. SEBI/HO/MIRSD/MIRSD-Pod/P/CIR/2025/97 Dated 2Nd July 2025 And Regulation 30 Of The SEBI (LODR) Regulations, 2015. 10 Oct
 - 
        
          Closure of Trading Window
          
            26 Sep - Trading window closed from Oct 1, 2025 until 48 hours after unaudited results for quarter/half year ended Sep 30, 2025.
 
Annual reports
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      Financial Year 2025
      from bse
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      Financial Year 2024
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      Financial Year 2023
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      Financial Year 2022
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      Financial Year 2021
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      Financial Year 2020
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      Financial Year 2019
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      Financial Year 2018
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      Financial Year 2017
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      Financial Year 2016
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      Financial Year 2015
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      Financial Year 2014
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      Financial Year 2013
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
 
Product Profile:[1]
Synthetic PF Resins viz., Novolak Resin and
Resol Resin, both in Liquid and Powder Form, Magnesia carbon refractory, Alumina carbon refractory, Dolomite refractory and Continuous casting refractory