Multibase India Ltd
Incorporated in 1991, Multibase India Ltd manufactures, trades and sells of polypropylene compound, thermoplastic elastomer, silicon master batch and thermoplastic master
batch[1]
- Market Cap ₹ 275 Cr.
- Current Price ₹ 218
- High / Low ₹ 442 / 211
- Stock P/E 23.7
- Book Value ₹ 66.3
- Dividend Yield 24.3 %
- ROCE 18.6 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 24.4%.
- Company has been maintaining a healthy dividend payout of 172%
Cons
- Stock is trading at 3.28 times its book value
- The company has delivered a poor sales growth of 3.43% over past five years.
- Company has a low return on equity of 9.94% 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 Specialty 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55 | 62 | 70 | 86 | 109 | 110 | 60 | 53 | 62 | 72 | 65 | 71 | 68 | |
| 47 | 51 | 56 | 68 | 80 | 90 | 53 | 47 | 56 | 63 | 56 | 56 | 55 | |
| Operating Profit | 7 | 10 | 14 | 19 | 29 | 20 | 7 | 7 | 7 | 10 | 8 | 15 | 13 |
| OPM % | 13% | 17% | 20% | 22% | 26% | 18% | 11% | 13% | 11% | 13% | 13% | 21% | 19% |
| 1 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 3 | 5 | 8 | 6 | 4 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 8 | 11 | 15 | 20 | 30 | 22 | 10 | 10 | 9 | 13 | 15 | 20 | 16 |
| Tax % | 33% | 34% | 35% | 35% | 35% | 30% | 24% | 32% | 27% | 26% | 26% | 26% | |
| 5 | 7 | 10 | 13 | 20 | 15 | 8 | 7 | 6 | 10 | 11 | 15 | 12 | |
| EPS in Rs | 4.03 | 5.72 | 7.83 | 10.52 | 15.49 | 12.17 | 5.97 | 5.32 | 5.02 | 7.76 | 8.84 | 11.61 | 9.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 38% | 20% | 26% | 34% | 457% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 3% |
| 3 Years: | 4% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 14% |
| 3 Years: | 32% |
| TTM: | -22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 5% |
| 3 Years: | 0% |
| 1 Year: | -53% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 8% |
| 3 Years: | 10% |
| Last Year: | 14% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 21 | 29 | 38 | 52 | 71 | 87 | 94 | 101 | 105 | 113 | 122 | 66 | 71 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 7 | 6 | 8 | 12 | 32 | 12 | 10 | 12 | 12 | 11 | 10 | 10 | 13 | |
| Total Liabilities | 41 | 47 | 59 | 77 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 89 | 96 |
| 5 | 5 | 8 | 9 | 10 | 10 | 11 | 10 | 11 | 11 | 12 | 13 | 13 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 36 | 42 | 51 | 68 | 106 | 101 | 106 | 115 | 119 | 126 | 133 | 76 | 83 | |
| Total Assets | 41 | 47 | 59 | 77 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 89 | 96 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 7 | 7 | 5 | 25 | 5 | 20 | 10 | 5 | 9 | 5 | 6 | |
| 1 | -9 | 7 | 4 | -30 | 32 | -0 | 2 | 1 | 3 | 4 | 3 | |
| -0 | 0 | 0 | 0 | 0 | -10 | 10 | 0 | -2 | -1 | -3 | -71 | |
| Net Cash Flow | 3 | -1 | 14 | 8 | -5 | 26 | 31 | 12 | 3 | 10 | 6 | -62 |
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 | 71 | 60 | 67 | 81 | 80 | 61 | 71 | 77 | 64 | 58 | 51 | 52 |
| Inventory Days | 105 | 84 | 106 | 128 | 132 | 83 | 106 | 123 | 103 | 61 | 95 | 116 |
| Days Payable | 52 | 36 | 52 | 66 | 157 | 43 | 72 | 101 | 79 | 55 | 53 | 40 |
| Cash Conversion Cycle | 124 | 108 | 120 | 144 | 56 | 101 | 106 | 98 | 88 | 64 | 93 | 128 |
| Working Capital Days | 120 | 105 | 103 | 121 | 72 | 131 | 98 | 90 | 78 | 62 | 77 | 85 |
| ROCE % | 24% | 29% | 33% | 35% | 40% | 24% | 10% | 9% | 8% | 11% | 12% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Nov - Newspaper advertisment of un-audited financial results for the quarter and half year ended September 30, 2025.
- Un-Audited Financial Results For The Quarter And Half Year Ended September 30, 2025 12 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On November 12, 2025
12 Nov - Board approved unaudited results for quarter and half-year ended Sep 30, 2025; limited review by MSKA.
-
Board Meeting Intimation for Considering And Approving The Un-Audited Financial Results For The Quarter And Half Year Ended September 30, 2025.
4 Nov - Board meeting Nov 12, 2025 to approve Q2/H1 unaudited results; trading window closed Oct 1–Nov 14, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Oct - Certificate under SEBI Reg 74(5) confirming dematerialisation compliance for quarter ended September 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
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Financial Year 2011
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Business Overview:[1]
MBIL is a part of Multibase SA, subsidiary of DDP Speciality Products India Pvt Ltd. It manufactures thermoplastic elastomers and silicone-based products used in automotive, building and construction segments