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 ₹ 234 Cr.
- Current Price ₹ 185
- High / Low ₹ 301 / 156
- Stock P/E 22.4
- Book Value ₹ 70.5
- Dividend Yield 28.6 %
- ROCE 16.7 %
- ROE 12.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 4.49% over past five years.
- Company has a low return on equity of 11.3% over last 3 years.
- Debtor days have increased from 59.0 to 74.2 days.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 62 | 70 | 86 | 109 | 110 | 60 | 53 | 62 | 72 | 65 | 71 | 67 | |
| 51 | 56 | 68 | 80 | 90 | 53 | 47 | 56 | 63 | 56 | 56 | 55 | |
| Operating Profit | 10 | 14 | 19 | 29 | 20 | 7 | 7 | 7 | 10 | 8 | 15 | 11 |
| OPM % | 17% | 20% | 22% | 26% | 18% | 11% | 13% | 11% | 13% | 13% | 21% | 17% |
| 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 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 11 | 15 | 20 | 30 | 22 | 10 | 10 | 9 | 13 | 15 | 20 | 14 |
| Tax % | 34% | 35% | 35% | 35% | 30% | 24% | 32% | 27% | 26% | 26% | 26% | 25% |
| 7 | 10 | 13 | 20 | 15 | 8 | 7 | 6 | 10 | 11 | 15 | 10 | |
| EPS in Rs | 5.72 | 7.83 | 10.52 | 15.49 | 12.17 | 5.97 | 5.32 | 5.02 | 7.76 | 8.84 | 11.61 | 8.26 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 38% | 20% | 26% | 34% | 457% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 4% |
| 3 Years: | -3% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 9% |
| 3 Years: | 2% |
| TTM: | -29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | -2% |
| 3 Years: | -8% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 9% |
| 3 Years: | 11% |
| Last Year: | 12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 29 | 38 | 52 | 71 | 87 | 94 | 101 | 105 | 113 | 122 | 66 | 76 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 6 | 8 | 12 | 32 | 12 | 10 | 12 | 12 | 11 | 10 | 10 | 14 | |
| Total Liabilities | 47 | 59 | 77 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 89 | 103 |
| 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 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 42 | 51 | 68 | 106 | 101 | 106 | 115 | 119 | 126 | 133 | 76 | 90 | |
| Total Assets | 47 | 59 | 77 | 116 | 111 | 117 | 126 | 130 | 137 | 144 | 89 | 103 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | 7 | 5 | 25 | 5 | 20 | 10 | 5 | 9 | 5 | 6 | 13 | |
| -9 | 7 | 4 | -30 | 32 | -0 | 2 | 1 | 3 | 4 | 3 | 1 | |
| 0 | 0 | 0 | 0 | -10 | 10 | 0 | -2 | -1 | -3 | -71 | 0 | |
| Net Cash Flow | -1 | 14 | 8 | -5 | 26 | 31 | 12 | 3 | 10 | 6 | -62 | 14 |
| Free Cash Flow | 6 | 4 | 3 | 23 | 4 | 19 | 9 | 3 | 8 | 3 | 4 | 11 |
| CFO/OP | 105% | 89% | 57% | 128% | 59% | 347% | 166% | 101% | 128% | 106% | 71% | 138% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 67 | 81 | 80 | 61 | 71 | 77 | 64 | 58 | 51 | 52 | 74 |
| Inventory Days | 84 | 106 | 128 | 132 | 83 | 106 | 123 | 103 | 61 | 95 | 116 | 94 |
| Days Payable | 36 | 52 | 66 | 157 | 43 | 72 | 101 | 79 | 55 | 54 | 40 | 69 |
| Cash Conversion Cycle | 108 | 120 | 144 | 56 | 101 | 106 | 98 | 88 | 64 | 91 | 128 | 99 |
| Working Capital Days | 105 | 103 | 121 | 72 | 131 | 98 | 90 | 78 | 62 | 77 | 85 | 72 |
| ROCE % | 29% | 33% | 35% | 40% | 24% | 10% | 9% | 8% | 11% | 12% | 19% | 17% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
|
||||||||||
| Solar Plant Capacity KWp |
|||||||||||
| Solar Power Emission Reduction MT/Year |
|||||||||||
| Revenue Contribution - Automotive Safety (Airbag Cover) % |
|||||||||||
| Revenue Contribution - Silicon Masterbatch % |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Multibase India filed FY2026 secretarial compliance report; no non-compliances observed.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
25 May - Newspaper publication of Audited Financial Results of the quarter and financial year ended March 31, 2026
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On Friday, May 22, 2026
22 May - Board approved FY26 audited results and appointed Vimal Mishra as additional non-executive director on May 22, 2026.
-
Results - Financial Results For The Financial Year Ended March 31, 2026
22 May - Board approved FY26 audited results; revenue Rs 66.57 crore, PAT Rs 10.43 crore; appointed Vimal Mishra director.
-
Announcement under Regulation 30 (LODR)-Change in Management
22 May - FY26 audited results: revenue Rs66.57 Cr, net profit Rs10.43 Cr; board appoints Vimal Mishra as additional director.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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