Chembond Chemicals Ltd

Chembond Chemicals Ltd

₹ 176 -0.58%
03 Jun - close price
About

Incorporated in 1974, Chembond Chemicals Ltd manufactures and trades products and services related to Speciality Chemicals.[1]

Key Points

Business Verticals:[1]
a) Water Treatment:
Provides chemicals, systems, and services for industrial water treatment and reuse, covering raw, cooling, boiler, produced, and wastewater. Focuses on water efficiency and plant reliability. Recently launched Kem Watreat® kits and upgraded Chembond FLUX® monitor.

  • Market Cap 464 Cr.
  • Current Price 176
  • High / Low 245 / 104
  • Stock P/E 44.7
  • Book Value 37.5
  • Dividend Yield 0.43 %
  • ROCE 12.2 %
  • ROE 10.7 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 29.4%

Cons

  • Stock is trading at 4.69 times its book value
  • The company has delivered a poor sales growth of 11.9% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 6.64% over last 3 years.
  • Earnings include an other income of Rs.4.50 Cr.
  • Working capital days have increased from 105 days to 153 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
16.58 13.58 18.78 20.46 18.50 14.49 18.76 21.90
14.97 14.56 15.81 17.60 16.14 13.98 16.13 17.81
Operating Profit 1.61 -0.98 2.97 2.86 2.36 0.51 2.63 4.09
OPM % 9.71% -7.22% 15.81% 13.98% 12.76% 3.52% 14.02% 18.68%
0.76 2.46 0.18 0.42 0.73 3.03 0.31 0.44
Interest 0.01 0.02 0.02 0.06 0.01 0.00 0.00 0.07
Depreciation 0.65 0.56 0.65 0.66 0.51 0.55 0.50 0.67
Profit before tax 1.71 0.90 2.48 2.56 2.57 2.99 2.44 3.79
Tax % 33.92% -52.22% 38.71% 19.14% 56.42% 5.02% 7.79% -10.03%
1.14 1.36 1.53 2.08 1.12 2.84 2.26 4.17
EPS in Rs 0.42 1.06 0.84 1.55
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
42 46 51 69 69 74
38 42 49 60 63 64
Operating Profit 4 4 2 9 6 10
OPM % 9% 8% 3% 12% 9% 13%
12 10 5 4 4 4
Interest 0 0 0 0 0 0
Depreciation 3 3 2 1 3 2
Profit before tax 13 11 5 11 8 12
Tax % 24% 20% 13% 32% 21% 12%
10 9 4 7 6 10
EPS in Rs 3.86
Dividend Payout % 69% 77% 102% 0% 56% 32%
Compounded Sales Growth
10 Years: %
5 Years: 12%
3 Years: 13%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 1%
3 Years: 38%
TTM: 80%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 4%
3 Years: 7%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 7 7 7 13 13 13
Reserves 233 238 235 76 80 87
0 0 0 0 0 0
12 10 12 12 11 12
Total Liabilities 251 255 254 101 105 113
34 32 28 17 15 18
CWIP 0 0 7 0 0 0
Investments 169 172 163 61 62 62
47 50 55 23 28 33
Total Assets 251 255 254 101 105 113

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
4 -0 2 -5 1 8
-3 2 5 -8 1 -2
-0 -3 -7 13 -2 -3
Net Cash Flow 1 -1 1 1 0 3
Free Cash Flow 3 -2 -3 -23 0 3
CFO/OP 180% 62% 179% -43% 31% 118%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 160 171 166 81 106 99
Inventory Days 86 50 45 49 51 56
Days Payable 160 108 119 63 53 67
Cash Conversion Cycle 86 113 92 67 104 88
Working Capital Days 278 295 224 68 93 153
ROCE % 5% 2% 7% 8% 12%

Insights

In beta
Mar 2024 Sep 2025
Number of Employees
Number

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CSR Program Reach (Villages)
Number
Management Estimate of Fertiliser Water Treatment Market Share
Percentage
Market Share - Fertilizer Water Treatment
Percentage
New Order Book - Water Business Unit
Rs. Crores
New Order Book - Water Business Unit - Chemicals
Rs. Crores
New Order Book - Water Business Unit - Equipment
Rs. Crores
Number of Manufacturing Locations
Number
Order Book - Water Chemicals Domain
Rs. Crores
Order Book - Water Equipment Domain
Rs. Crores
Revenue Share - Chemicals & Fertilizer (Water BU)
Percentage
Revenue Share - Others/Metals (Water BU)
Percentage
Revenue Share - Petrochem, Refining & Chemical (Water BU)
Percentage
Revenue Share - Water BU Tenders
Percentage

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2025Sep 2025Dec 2025Mar 2026
67.65% 67.74% 67.94% 67.98%
0.63% 0.62% 0.73% 0.66%
0.98% 0.81% 2.00% 2.06%
30.75% 30.84% 29.34% 29.31%
No. of Shareholders 12,87112,36411,77711,344

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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