BASF India Ltd
BASF India Ltd's portfolio consists of six segments: Agricultural Solutions, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and Chemicals.[1]
It is a part of BASF group which have ~110,000 employees globally in almost every country in the world. It generated sales of ~59 billion euros in 2020.[2]
- Market Cap ₹ 17,993 Cr.
- Current Price ₹ 4,157
- High / Low ₹ 6,017 / 4,065
- Stock P/E 48.8
- Book Value ₹ 875
- Dividend Yield 0.48 %
- ROCE 17.5 %
- ROE 13.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
* 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
Part of BSE 500 Nifty 500 BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2020 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 683 | 847 | 1,055 | 1,318 | 1,627 | 7,595 | 13,767 | 15,260 | 14,965 | |
| 597 | 754 | 948 | 1,213 | 1,457 | 7,316 | 12,878 | 14,527 | 14,365 | |
| Operating Profit | 86 | 93 | 107 | 104 | 170 | 279 | 890 | 733 | 600 |
| OPM % | 13% | 11% | 10% | 8% | 10% | 4% | 6% | 5% | 4% |
| 8 | -0 | 2 | 6 | 9 | -4 | 76 | 109 | 99 | |
| Interest | 2 | 3 | 4 | 7 | 2 | 83 | 16 | 16 | 21 |
| Depreciation | 22 | 12 | 15 | 17 | 28 | 181 | 191 | 180 | 169 |
| Profit before tax | 70 | 78 | 91 | 88 | 150 | 10 | 759 | 646 | 509 |
| Tax % | 36% | 36% | 37% | 45% | 36% | -131% | 26% | 26% | |
| 45 | 50 | 57 | 49 | 96 | 23 | 563 | 479 | 375 | |
| EPS in Rs | 16.07 | 17.75 | 20.38 | 17.24 | 23.56 | 5.28 | 130.13 | 110.67 | 86.65 |
| Dividend Payout % | 44% | 39% | 34% | 41% | 34% | 57% | 12% | 18% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | % |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | % |
| TTM: | -42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 20% |
| 3 Years: | 16% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 28 | 28 | 41 | 43 | 43 | 43 |
| Reserves | 248 | 275 | 309 | 335 | 802 | 3,180 | 3,591 | 3,744 |
| 5 | 32 | 27 | 22 | 0 | 156 | 190 | 146 | |
| 127 | 171 | 211 | 289 | 465 | 3,853 | 4,638 | 3,739 | |
| Total Liabilities | 408 | 506 | 576 | 674 | 1,308 | 7,233 | 8,462 | 7,673 |
| 64 | 110 | 128 | 138 | 254 | 759 | 777 | 763 | |
| CWIP | 16 | 5 | 4 | 21 | 10 | 61 | 97 | 141 |
| Investments | 3 | 3 | 3 | 0 | 0 | 0 | 2 | 2 |
| 325 | 388 | 441 | 515 | 1,043 | 6,413 | 7,587 | 6,767 | |
| Total Assets | 408 | 506 | 576 | 674 | 1,308 | 7,233 | 8,462 | 7,673 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2020 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 51 | 48 | 65 | 97 | 46 | 807 | 373 | ||
| -23 | -46 | -31 | -42 | 140 | -450 | -114 | ||
| -27 | 2 | -31 | -36 | -47 | -102 | -129 | ||
| Net Cash Flow | 1 | 4 | 3 | 20 | 140 | 255 | 131 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2020 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 80 | 74 | 67 | 49 | 70 | 67 | 62 | |
| Inventory Days | 103 | 93 | 82 | 91 | 138 | 68 | 84 | |
| Days Payable | 74 | 86 | 89 | 99 | 134 | 114 | 120 | |
| Cash Conversion Cycle | 109 | 81 | 60 | 41 | 74 | 21 | 25 | |
| Working Capital Days | 103 | 89 | 75 | 54 | 90 | 44 | 42 | |
| ROCE % | 27% | 28% | 26% | 25% | 18% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Newspaper Advertisement for Notice of Postal Ballot and Remote E - Voting facility to the members
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
26 Nov - Appointment of Andrew George Postlethwaite as Non-Executive Non-Independent Director effective 1 Dec 2025; e-voting 1–30 Dec 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
21 Nov - Analyst meet: H1 sales Rs7,920cr, PBT down 27%; agri demerger planned, Carlyle coatings deal, Celesto capex.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
20 Nov - Recording of BASF India analyst/fund managers meeting held 19 Nov 2025 uploaded; link provided.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
19 Nov - Analyst meeting Nov 19, 2025: HY Apr–Sep 2025 revenue Rs7,920 Cr, PBT bEI Rs331 Cr; safety and macro update.
Annual reports
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Financial Year 2025
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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 2013
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Financial Year 2012
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Concalls
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Nov 2025Transcript PPT
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May 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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Nov 2022TranscriptNotesPPT
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Jun 2022Transcript PPT
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Mar 2022TranscriptPPT
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Dec 2021Transcript PPT
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Mar 2021Transcript PPT
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Aug 2018Transcript PPT
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Sep 2017Transcript PPT
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Aug 2016TranscriptNotesPPT
Materials Segment (~23% of revenues)[1]
The company's materials business segment includes the performance materials and monomers business.
a. The performance materials business consists of polyurethanes, engineering plastics and specialty plastics. It caters to the requirement of consumer, construction, industrial product applications and transportation industries.
b. The monomers business deals in basic raw materials for polyurethanes, inorganics & polyamiedes and its precursors. Its products caters to essential industries such as food & packaging, pharma and agro-chemicals.[2]