National Peroxide Ltd
Incorporated in 1954, National Peroxide
Ltd is a manufacturer of Hydrogen Peroxide[1]
- Market Cap ₹ 344 Cr.
- Current Price ₹ 599
- High / Low ₹ 708 / 350
- Stock P/E 18.5
- Book Value ₹ 621
- Dividend Yield 1.17 %
- ROCE 2.57 %
- ROE 1.77 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.96 times its book value
- Company's working capital requirements have reduced from 26.9 days to 20.9 days
Cons
- Company has a low return on equity of 2.03% 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 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| 377 | 333 | 287 | 290 | 319 | |
| 317 | 295 | 270 | 265 | 281 | |
| Operating Profit | 60 | 38 | 16 | 24 | 39 |
| OPM % | 16% | 11% | 6% | 8% | 12% |
| 21 | 5 | 3 | 5 | 5 | |
| Interest | 7 | 2 | 2 | 1 | 1 |
| Depreciation | 20 | 19 | 20 | 21 | 21 |
| Profit before tax | 54 | 22 | -2 | 7 | 22 |
| Tax % | 26% | 22% | 8% | 22% | |
| 40 | 17 | -2 | 6 | 18 | |
| EPS in Rs | 29.22 | -3.92 | 10.13 | 31.42 | |
| Dividend Payout % | 0% | 43% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -8% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -41% |
| TTM: | 389% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 6 | 6 | 6 |
| Reserves | 346 | 353 | 344 | 351 |
| 23 | 20 | 16 | 13 | |
| 86 | 81 | 76 | 89 | |
| Total Liabilities | 455 | 459 | 442 | 459 |
| 336 | 321 | 312 | 297 | |
| CWIP | 3 | 11 | 3 | 3 |
| Investments | 40 | 35 | 37 | 51 |
| 77 | 92 | 90 | 108 | |
| Total Assets | 455 | 459 | 442 | 459 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 67 | 36 | 19 | 34 | |
| 25 | -18 | -2 | -23 | |
| -86 | -17 | -13 | -5 | |
| Net Cash Flow | 6 | 2 | 4 | 6 |
| Free Cash Flow | 61 | 22 | 14 | 30 |
| CFO/OP | 125% | 117% | 131% | 135% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 23 | 30 | 29 | 32 |
| Inventory Days | 76 | 77 | 80 | 99 |
| Days Payable | 46 | 51 | 49 | 61 |
| Cash Conversion Cycle | 53 | 56 | 60 | 71 |
| Working Capital Days | 27 | 29 | 30 | 21 |
| ROCE % | 6% | 0% | 3% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Capacity Utilization - Hydrogen Peroxide % |
|
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| Hydrogen Peroxide Realisation Price INR/kg |
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| Installed Capacity - Hydrogen Peroxide MTPA |
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| Production Volume - Hydrogen Peroxide MT |
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| Specific Electricity Consumption KWH/MT |
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| Specific Natural Gas Consumption MMBTU/MT |
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| Number of Export Countries count |
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| Permanent Employees count |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
- Rajiv Arora resigns; Vinay Divakar Jayade appointed CEO and Whole-Time Director from November 3, 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
- Rajiv Arora resigns as CEO and director; Vinay Jayade appointed CEO and Whole-Time Director from November 3, 2026.
-
Board Meeting Outcome for Change In Directors & Key Managerial Personnel
- Rajiv Arora resigns as CEO/WTD from Nov 2, 2026; Vinay Jayade appointed CEO/WTD from Nov 3, 2026.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 6th AGM approved FY26 accounts, Rs.7 dividend, director reappointment, auditors, and cost auditor remuneration.
-
Summary Of Proceedings Of The 6Th Annual General Meeting Of The Company.
- 6th AGM held on September 29, 2026; Rs. 7 final dividend and five ordinary resolutions.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
Business Overview:[1]
NPL is a part of the Wadia Group which holds 70.8% in the company. NPL manufactures peroxygen chemicals and is the largest producer of hydrogen peroxide in India