Patel Chem Specialities Ltd
Incorporated in 2008, Patel Chem Specialities Limited (PCSL) is engaged in the manufacturing and exporting of pharmaceutical excipients and specialty chemicals.[1]
- Market Cap ₹ 260 Cr.
- Current Price ₹ 104
- High / Low ₹ 114 / 104
- Stock P/E 24.6
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 35.2 %
- ROE 38.5 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 39.4%
Cons
- Company might be capitalizing the interest cost
* 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
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 42 | 60 | 69 | 82 | 105 | |
| 40 | 56 | 64 | 71 | 90 | |
| Operating Profit | 2 | 4 | 5 | 12 | 15 |
| OPM % | 6% | 7% | 8% | 14% | 15% |
| 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 2 | 4 | 4 | 10 | 14 |
| Tax % | 20% | 35% | 30% | 26% | 25% |
| 1 | 2 | 3 | 8 | 11 | |
| EPS in Rs | 5.91 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 67% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| Last Year: | 38% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 18 |
| Reserves | 6 | 8 | 11 | 19 | 18 |
| 6 | 8 | 12 | 15 | 15 | |
| 5 | 7 | 13 | 12 | 15 | |
| Total Liabilities | 18 | 23 | 37 | 47 | 65 |
| 6 | 10 | 14 | 14 | 14 | |
| CWIP | 0 | 0 | 0 | 2 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 13 | 13 | 23 | 31 | 39 | |
| Total Assets | 18 | 23 | 37 | 47 | 65 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -24 | 2 | 2 | 6 | 2 | |
| -1,978 | -4 | -3 | -6 | -7 | |
| 332 | 0 | 1 | 0 | 5 | |
| Net Cash Flow | -1,670 | -1 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 56 | 58 | 79 | 68 | 73 |
| Inventory Days | 15 | 12 | 45 | 64 | 61 |
| Days Payable | 47 | 35 | 77 | 52 | 51 |
| Cash Conversion Cycle | 25 | 35 | 47 | 79 | 83 |
| Working Capital Days | -1 | 6 | 19 | 29 | 57 |
| ROCE % | 28% | 26% | 39% | 35% |
Documents
Announcements
-
Intimation Under Regulation 30(5) Of The SEBI (Listing Obligation And Disclosures Requirements) Regulation, 2015
1d - Authorization of KMPs for materiality determination and disclosures under SEBI regulations.
-
Announcement Under Regulation 7(1) Of The SEBI (Listing Obligation And Disclosures Requirements) Regulation, 2015
1d - Appointed MUFG Intime India Pvt Ltd as Registrar & Share Transfer Agent.
-
Listing Of Equity Shares Of Patel Chem Specialities Limited
1d - Patel Chem Specialities Limited equity shares listed on BSE SME from August 1, 2025, at Rs.84 per share.
- Listing of Equity Shares of Patel Chem Specialities Ltd 1d
Business Profile[1]
Patel Chem Specialities Limited is engaged in the manufacturing of cellulose-based excipients used primarily in the pharmaceuticals, food & beverages, cosmetics, and industrial sectors. These products act as binders, disintegrants, thickeners, stabilizers, and gelling agents across a variety of applications.