National Peroxide Ltd
Incorporated in 1954, National Peroxide
Ltd is a manufacturer of Hydrogen Peroxide[1]
- Market Cap ₹ 352 Cr.
- Current Price ₹ 613
- High / Low ₹ 770 / 350
- Stock P/E 30.6
- Book Value ₹ 630
- Dividend Yield 0.00 %
- ROCE 4.42 %
- ROE 3.23 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.98 times its book value
Cons
- Company has a low return on equity of 2.52% over last 3 years.
- Working capital days have increased from 48.5 days to 85.8 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 Commodity Chemicals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 377 | 333 | 287 | 290 | |
| 317 | 295 | 270 | 259 | |
| Operating Profit | 60 | 38 | 16 | 31 |
| OPM % | 16% | 11% | 6% | 11% |
| 21 | 5 | 3 | 5 | |
| Interest | 7 | 2 | 2 | 1 |
| Depreciation | 20 | 19 | 20 | 21 |
| Profit before tax | 54 | 22 | -2 | 14 |
| Tax % | 26% | 22% | 8% | 24% |
| 40 | 17 | -2 | 11 | |
| EPS in Rs | 29.22 | -3.92 | 19.21 | |
| Dividend Payout % | 0% | 43% | 0% | 36% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -8% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -27% |
| TTM: | 926% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| Last Year: | 3% |
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 | 356 |
| 23 | 20 | 16 | 13 | |
| 86 | 81 | 76 | 82 | |
| Total Liabilities | 455 | 459 | 442 | 457 |
| 336 | 321 | 312 | 297 | |
| CWIP | 3 | 11 | 3 | 3 |
| Investments | 40 | 35 | 37 | 51 |
| 77 | 92 | 90 | 106 | |
| Total Assets | 455 | 459 | 442 | 457 |
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% | 105% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 23 | 30 | 29 | 32 |
| Inventory Days | 76 | 77 | 80 | 105 |
| Days Payable | 46 | 51 | 49 | 45 |
| Cash Conversion Cycle | 53 | 56 | 60 | 92 |
| Working Capital Days | 27 | 29 | 30 | 86 |
| ROCE % | 6% | 0% | 4% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Average Realisation - Hydrogen Peroxide INR/kg |
|
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| Capacity Utilization % |
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| Production Volume - Hydrogen Peroxide MT |
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| Installed Capacity - Hydrogen Peroxide (50% w/w) MTPA |
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| Specific Electricity Consumption KWH/MT |
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| Specific Natural Gas Consumption MMBTU/MT |
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| Domestic Production Capacity Share (India) % |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 May - Please find attached clipping of Newspaper Publication.
- Financial Results For Quarter And Year Ended March 31 2026 30 Apr
-
Corporate Action-Board approves Dividend
30 Apr - FY26 audited results approved; Rs 7 final dividend proposed; Amit Goriwale steps down, Chirag Kothari appointed CFO/CRO from June 1, 2026.
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
30 Apr - Board approved FY26 audited results, recommended 70% dividend, and appointed Chirag Kothari CFO/CRO effective June 1, 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Apr - Board approved FY26 audited results, 70% dividend, and appointed Chirag Kothari CFO/CRO from June 1, 2026.
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