Chemplast Sanmar Ltd

Chemplast Sanmar Ltd

₹ 203 3.27%
12 Jun - close price
About

It is a major manufacturer of Speciality Chemicals such as Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. The company also produces other chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas and Industrial Salt. The manufacturing facilities are located at Mettur, Berigai and Vedaranyam in Tamil Nadu and Karaikal in the Union Territory of Puducherry.

Key Points

Business Segments
1) Suspension Polyvinyl Chloride (S-PVC) (55% in Q1 FY26 vs 61% in FY23): [1] [2] The company’s wholly-owned subsidiary, Chemplast Cuddalore Vinyls Ltd (CCVL), is the second-largest Suspension PVC manufacturer in India and a market leader in South India. [3] Suspension PVC is an adaptable polymer used across rigid and flexible applications. The rigid applications include pipes, profiles, and roofing sheets, while its flexible uses cover hoses, tubing, wires and cables, calendared sheets, and films. [4]
End-user industries are irrigation, urban infra, and real estate. [5]

  • Market Cap 3,209 Cr.
  • Current Price 203
  • High / Low 478 / 193
  • Stock P/E
  • Book Value 202
  • Dividend Yield 0.00 %
  • ROCE -0.70 %
  • ROE -2.85 %
  • Face Value 5.00

Pros

  • Stock is trading at 1.00 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 11.0% over past five years.
  • Company has a low return on equity of -2.54% over last 3 years.

* 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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
428 350 351 439 516 560 516 586 726 495 558 504 612
396 374 359 449 532 515 502 571 697 473 540 519 530
Operating Profit 31 -24 -8 -10 -16 45 14 15 28 22 18 -14 83
OPM % 7% -7% -2% -2% -3% 8% 3% 2% 4% 4% 3% -3% 13%
7 7 26 4 5 4 5 4 8 5 3 2 -894
Interest 6 5 4 11 13 20 20 21 26 26 28 26 27
Depreciation 23 21 24 27 35 33 34 35 46 39 38 39 40
Profit before tax 10 -44 -10 -43 -59 -4 -34 -37 -36 -38 -45 -77 -879
Tax % 14% -36% -232% 38% -49% -29% -77% -20% -31% -26% -21% -26% 0%
8 -28 14 -60 -30 -3 -8 -30 -25 -28 -36 -56 -883
EPS in Rs 0.52 -1.77 0.87 -3.79 -1.88 -0.17 -0.50 -1.88 -1.59 -1.80 -2.25 -3.57 -55.84
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,643 2,493 2,903 1,106 1,253 1,259 1,289 2,012 2,197 1,656 2,388 2,170
2,485 2,143 2,424 848 936 945 898 1,385 1,891 1,716 2,286 2,062
Operating Profit 158 350 479 259 317 314 391 628 306 -61 102 108
OPM % 6% 14% 17% 23% 25% 25% 30% 31% 14% -4% 4% 5%
27 20 -20 114 32 8 -10 33 -24 44 21 -883
Interest 163 162 73 37 47 95 254 136 23 33 87 107
Depreciation 57 65 69 57 55 87 88 91 92 107 148 156
Profit before tax -35 143 318 278 248 139 40 434 167 -156 -112 -1,039
Tax % -27% 43% 53% 34% 24% 29% -9% 12% 13% -33% -41% -3%
-26 82 150 183 187 99 44 379 146 -104 -66 -1,003
EPS in Rs -159,375.00 10.24 18.78 22.93 23.40 14.73 3.25 24.00 9.21 -6.57 -4.15 -63.46
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: 11%
3 Years: 0%
TTM: -9%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -57%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -24%
1 Year: -53%
Return on Equity
10 Years: 4%
5 Years: 1%
3 Years: -3%
Last Year: -3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 80 80 80 67 67 67 67 79 79 79 79 79
Reserves 144 226 237 652 2,449 1,910 1,954 3,718 3,865 3,761 4,118 3,114
684 731 427 210 253 1,289 1,228 14 218 656 991 1,180
1,135 916 1,528 1,820 1,051 941 1,035 1,142 1,332 1,334 1,252 1,205
Total Liabilities 2,043 1,954 2,272 2,750 3,820 4,206 4,284 4,954 5,494 5,830 6,439 5,579
1,154 1,107 1,067 625 2,087 2,175 2,103 2,233 2,200 2,929 3,470 3,410
CWIP 11 9 6 82 117 8 25 27 388 186 136 336
Investments 1 243 608 938 1,199 1,556 1,556 1,556 1,556 1,556 1,556 658
877 595 592 1,106 417 467 600 1,138 1,351 1,160 1,278 1,175
Total Assets 2,043 1,954 2,272 2,750 3,820 4,206 4,284 4,954 5,494 5,830 6,439 5,579

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
113 176 642 448 232 166 411 430 271 -98 219 120
5 -247 -388 -407 -311 -438 -80 -51 -286 -537 -349 -319
178 -113 -350 24 -1 298 -333 -96 171 406 252 71
Net Cash Flow 296 -183 -96 64 -80 26 -1 283 155 -230 122 -129
Free Cash Flow 112 160 599 393 172 116 367 396 -126 -668 -104 -188
CFO/OP 72% 52% 146% 201% 91% 65% 108% 80% 104% 147% 212% 111%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 15 11 9 18 19 14 19 33 43 40 22 29
Inventory Days 32 41 68 135 183 158 203 180 147 164 117 137
Days Payable 203 183 220 197 200 187 265 201 212 256 186 206
Cash Conversion Cycle -156 -131 -143 -44 2 -16 -43 13 -23 -52 -47 -41
Working Capital Days -96 -76 -115 -36 -45 -5 -20 15 -2 -31 -77 -92
ROCE % 16% 31% 49% 38% 15% 8% 9% 16% 6% -3% -1% -1%

Insights

In beta
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Caustic Soda Capacity
MTPA

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Specialty Chemicals Sales Volume
MT
Specialty Paste PVC Installed Capacity
MTPA
Suspension PVC Installed Capacity
MTPA
Suspension PVC Sales Volume
MT
Value-Added Chemicals Sales Volume
MT
Custom Manufactured Chemicals Capacity
MTPA
Paste PVC Market Share (Total Consumption)
%
Paste PVC Market Share (Production Capacity)
%
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
54.99% 54.99% 54.99% 54.99% 54.99% 54.99% 54.99% 54.99% 54.99% 54.99% 54.99% 54.99%
11.45% 11.59% 11.17% 10.83% 11.27% 13.42% 13.19% 13.27% 13.33% 13.15% 13.16% 12.48%
26.63% 26.94% 27.51% 28.15% 28.39% 25.75% 25.82% 25.81% 25.65% 25.62% 25.52% 25.62%
6.92% 6.48% 6.33% 6.02% 5.35% 5.85% 6.00% 5.93% 6.02% 6.23% 6.33% 6.91%
No. of Shareholders 92,61093,59490,18485,64974,80072,77270,99468,75166,57764,90864,05162,594

* 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.

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