Chembond Chemicals Ltd
Incorporated in 1974, Chembond Chemicals Ltd manufactures and trades products and services related to Speciality Chemicals.[1]
- Market Cap ₹ 559 Cr.
- Current Price ₹ 208
- High / Low ₹ 292 / 104
- Stock P/E 44.8
- Book Value ₹ 38.5
- Dividend Yield 0.61 %
- ROCE 11.6 %
- ROE 9.96 %
- 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 5.32 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 6.38% over last 3 years.
- Earnings include an other income of Rs.4.83 Cr.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 42 | 46 | 51 | 69 | 69 | 74 | 79 | |
| 38 | 42 | 49 | 60 | 63 | 64 | 67 | |
| Operating Profit | 4 | 4 | 2 | 9 | 6 | 10 | 12 |
| OPM % | 9% | 8% | 3.2% | 12% | 9% | 13% | 15% |
| 12 | 10 | 5 | 4 | 4 | 4 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 2 | 1 | 3 | 2 | 2 |
| Profit before tax | 13 | 11 | 5 | 11 | 8 | 12 | 14 |
| Tax % | 24% | 20% | 13% | 32% | 21% | 12% | |
| 10 | 9 | 4 | 7 | 6 | 10 | 12 | |
| EPS in Rs | 3.86 | 4.64 | |||||
| Dividend Payout % | 69% | 77% | 102% | 0% | 56% | 32% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 13% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | 35% |
| TTM: | 65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 6% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 13 | 13 | 13 | 13 |
| Reserves | 233 | 238 | 235 | 76 | 80 | 87 | 90 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 12 | 10 | 12 | 12 | 11 | 12 | 14 | |
| Total Liabilities | 251 | 255 | 254 | 101 | 105 | 113 | 118 |
| 34 | 32 | 28 | 17 | 15 | 18 | 17 | |
| CWIP | 0 | 0 | 7 | 0 | 0 | 0 | 0 |
| Investments | 169 | 172 | 163 | 61 | 62 | 62 | 69 |
| 47 | 50 | 55 | 23 | 28 | 33 | 31 | |
| Total Assets | 251 | 255 | 254 | 101 | 105 | 113 | 118 |
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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 180% | 62% | 179% | -43% | 31% | 116% |
Ratios
Standalone / 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 | 59 |
| Days Payable | 160 | 108 | 119 | 63 | 53 | 71 |
| Cash Conversion Cycle | 86 | 113 | 92 | 67 | 104 | 87 |
| Working Capital Days | 278 | 295 | 224 | 68 | 93 | 93 |
| ROCE % | 5% | 2% | 7% | 8% | 12% |
Insights
In beta| Mar 2025 | Mar 2026 | |
|---|---|---|
| Manufacturing Locations count |
|
|
| Revenue Share - Chemical Distribution % |
||
| Revenue Share - Construction Chemicals % |
||
| Revenue Share - Water Technologies % |
||
| Total Personnel Strength count |
||
| Volume Sold - Chemical Distribution MT |
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| Volume Sold - Construction Chemicals MT |
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| Volume Sold - Water Technologies MT |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement published in todays Business Standard and Mumbai Lakshadeep in respect of unaudited financial results for the quarter/half year ended 30 Sep. 2026
-
Audio / Video Recording Of The Analyst/ Investors Meet ((Virtual - Mode)
- Audio/video recording of analyst and investor meet held October 24, 2026 on Q2/H1 FY2026-27 results.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Board approved Q2 FY27 results and appointed Mamta Nirmal Shah as non-executive director; postal ballot Nov 1-30, 2026.
-
Disclosure under Regulation 30A of LODR
- Chembond submitted investor presentation for Q2 and half-year ended September 30, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting
- Board approved Q2/H1 FY27 results; appointed Mrs. Mamta Nirmal Shah as non-executive director; postal ballot Nov 1-30.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
Concalls
-
Oct 2026PPT REC
-
May 2026Transcript PPT REC
-
Nov 2025Transcript PPT
Business Verticals:[1]
a) Water Technologies:
Water Technologies is the core of the business. The company 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.
b) Construction Chemicals:[2]
Construction Chemicals sells concrete admixtures, polysulphide /PU /acrylic
sealants, waterproofing, repair mortars,
curing compounds, grouts and tile adhesives. Its customers are roads, metro rail, airports, ports, bridges, dams, contractors, builders, applicators and distributors.
c) Cleaning & Hygiene:
Cleaning & Hygiene is run through a JV
with Calvatis GmbH, Germany. It serves industrial users (beverage, food processing, dairy, brewing) and institutional users (kitchens, laundry, housekeeping)
d) Distribution:
Distribution imports, stocks and sells additives for water treatment, construction chemicals, paints and inks, and PU primers, sealants and coatings