Kothari Petrochemicals Ltd
Incorporated in 1990, Kothari Petrochemicals Ltd is the manufacturer of PolyIso Butylene[1]
- Market Cap ₹ 780 Cr.
- Current Price ₹ 132
- High / Low ₹ 174 / 94.8
- Stock P/E 10.8
- Book Value ₹ 63.3
- Dividend Yield 0.75 %
- ROCE 28.6 %
- ROE 21.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 26.4% CAGR over last 5 years
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 Petrochemicals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 277 | 212 | 219 | 195 | 300 | 273 | 227 | 382 | 482 | 596 | 577 | 591 | 577 | |
| 259 | 196 | 207 | 177 | 279 | 246 | 193 | 332 | 425 | 500 | 497 | 494 | 481 | |
| Operating Profit | 18 | 15 | 12 | 18 | 21 | 28 | 34 | 50 | 57 | 96 | 80 | 97 | 96 |
| OPM % | 7% | 7% | 5% | 9% | 7% | 10% | 15% | 13% | 12% | 16% | 14% | 16% | 17% |
| 3 | 3 | 3 | 2 | 2 | 4 | 4 | 2 | 7 | 8 | 11 | 9 | 9 | |
| Interest | 2 | 1 | 2 | 1 | 3 | 2 | 1 | 1 | 3 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 4 | 5 | 6 | 6 | 6 | 7 | 8 | 8 | 9 | 9 |
| Profit before tax | 16 | 14 | 10 | 14 | 16 | 24 | 31 | 46 | 55 | 95 | 82 | 97 | 96 |
| Tax % | 31% | 36% | 42% | 34% | 24% | 25% | 28% | 29% | 29% | 33% | 20% | 25% | |
| 11 | 9 | 6 | 10 | 12 | 18 | 23 | 33 | 39 | 64 | 66 | 72 | 72 | |
| EPS in Rs | 1.92 | 1.56 | 0.99 | 1.63 | 2.07 | 3.11 | 3.83 | 5.59 | 6.66 | 10.84 | 11.19 | 12.32 | 12.22 |
| Dividend Payout % | 52% | 64% | 51% | 46% | 24% | 0% | 0% | 0% | 19% | 16% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 21% |
| 3 Years: | 7% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 26% |
| 3 Years: | 24% |
| TTM: | 13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 24% |
| 3 Years: | 7% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 24% |
| 3 Years: | 24% |
| Last Year: | 21% |
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 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 |
| Reserves | 5 | 8 | 12 | 19 | 26 | 41 | 64 | 97 | 133 | 187 | 247 | 313 |
| 23 | 18 | 34 | 34 | 27 | 8 | 4 | 12 | 23 | 0 | 3 | 2 | |
| 31 | 26 | 28 | 31 | 37 | 38 | 44 | 55 | 55 | 72 | 69 | 67 | |
| Total Liabilities | 118 | 110 | 133 | 144 | 150 | 146 | 171 | 223 | 270 | 319 | 378 | 442 |
| 52 | 53 | 63 | 95 | 99 | 99 | 96 | 93 | 121 | 130 | 211 | 214 | |
| CWIP | 2 | 2 | 6 | 0 | 1 | 0 | 3 | 18 | 3 | 1 | 2 | 8 |
| Investments | 12 | 6 | 0 | 0 | 0 | 4 | 15 | 33 | 41 | 74 | 40 | 104 |
| 53 | 50 | 64 | 48 | 50 | 43 | 57 | 79 | 105 | 114 | 126 | 115 | |
| Total Assets | 118 | 110 | 133 | 144 | 150 | 146 | 171 | 223 | 270 | 319 | 378 | 442 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 16 | 4 | 16 | 28 | 26 | 30 | 19 | 26 | 72 | 59 | 81 | |
| -3 | 4 | -8 | -29 | -8 | -4 | -14 | -32 | -26 | -44 | -43 | -77 | |
| -4 | -13 | 13 | -8 | -14 | -11 | -4 | 8 | 5 | -33 | -7 | -7 | |
| Net Cash Flow | 7 | 7 | 9 | -22 | 5 | 12 | 13 | -6 | 5 | -6 | 8 | -3 |
| Free Cash Flow | 10 | 12 | 4 | 16 | 28 | 25 | 25 | -2 | 7 | 57 | -27 | 62 |
| CFO/OP | 99% | 132% | 48% | 107% | 147% | 116% | 113% | 62% | 68% | 102% | 98% | 107% |
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 | 31 | 28 | 33 | 41 | 27 | 28 | 30 | 28 | 36 | 36 | 33 | 38 |
| Inventory Days | 17 | 22 | 24 | 33 | 17 | 23 | 50 | 38 | 38 | 30 | 40 | 27 |
| Days Payable | 22 | 36 | 39 | 58 | 40 | 53 | 80 | 49 | 40 | 42 | 44 | 34 |
| Cash Conversion Cycle | 26 | 15 | 18 | 16 | 4 | -2 | 0 | 17 | 34 | 24 | 29 | 30 |
| Working Capital Days | -7 | -12 | -15 | -5 | -15 | 4 | 5 | 15 | 27 | 25 | 28 | 25 |
| ROCE % | 22% | 18% | 12% | 15% | 17% | 23% | 28% | 33% | 29% | 42% | 30% | 29% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Nameplate Capacity MTPA |
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| Capacity Utilization % |
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| Domestic PIB Market Share % |
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| PIB Production Volume MT |
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| PIB Sales Volume MT |
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| Export Sales Share of Revenue % |
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| Top 5 Customer Concentration % of sales |
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| Energy Consumption Intensity TOE per MT of PIB |
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Extracted by Screener AI
Documents
Announcements
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Amalgamation/Merger
- NSE issued no objection on August 19, 2026 for Kothari Sugars merger into Kothari Petrochemicals.
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Shareholders meeting
- 37th AGM voting results: all four resolutions passed with requisite majority.
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Outcome of Board Meeting
- Board approved Q1 FY27 unaudited results; profit rose to Rs 1,702.47 lakh.
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Shareholders meeting
- 37th AGM held on 14 Aug 2026; members transacted all agenda items, including financial adoption and director reappointment.
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Copy of Newspaper Publication
- Newspaper ad for 37th AGM on 14 Aug 2026; book closure 8–14 Aug and e-voting details.
Annual reports
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Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
from nse
Business Overview:[1]
Kothari Petrochemicals, part of the HC Kothari Group, is India's largest manufacturer of Polyisobutylene (PIB). Headquartered in Chennai, the company produces various PIB grades for the lubricant, plastic, paint, and rubber industries, serving customers across 20 countries