Sadhana Nitro Chem Ltd
Incorporated in 1973, Sadhana Nitro Chem Ltd manufactures chemical intermediates, heavy organic chemicals performance chemicals, and wireless network equipment and services[1]
- Market Cap ₹ 223 Cr.
- Current Price ₹ 6.77
- High / Low ₹ 58.3 / 5.59
- Stock P/E
- Book Value ₹ 7.76
- Dividend Yield 1.48 %
- ROCE 5.38 %
- ROE 2.02 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.87 times its book value
- Company has been maintaining a healthy dividend payout of 59.8%
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -26.8%
- The company has delivered a poor sales growth of 2.08% over past five years.
- Promoter holding is low: 30.0%
- Company has a low return on equity of 2.51% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.6.84 Cr.
- Company has high debtors of 363 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.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33 | 48 | 35 | 57 | 110 | 267 | 120 | 90 | 121 | 146 | 189 | 133 | 98 | |
| 35 | 51 | 33 | 49 | 76 | 147 | 83 | 72 | 107 | 123 | 145 | 94 | 94 | |
| Operating Profit | -2 | -3 | 2 | 9 | 35 | 120 | 37 | 18 | 14 | 23 | 44 | 39 | 4 |
| OPM % | -6% | -7% | 6% | 15% | 32% | 45% | 31% | 20% | 11% | 16% | 23% | 30% | 5% |
| 12 | 13 | 0 | 0 | 0 | 1 | 2 | 4 | 5 | 2 | 4 | 3 | 7 | |
| Interest | 6 | 5 | 5 | 6 | 5 | 12 | 3 | 3 | 5 | 10 | 17 | 18 | 18 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 5 | 6 | 6 | 8 | 15 | 15 | 16 |
| Profit before tax | 2 | 3 | -5 | 1 | 28 | 106 | 31 | 13 | 8 | 7 | 16 | 9 | -22 |
| Tax % | 137% | -33% | 0% | 0% | -11% | 29% | 25% | 21% | 32% | 35% | 54% | 43% | |
| -1 | 4 | -5 | 1 | 31 | 75 | 24 | 10 | 6 | 5 | 7 | 5 | -23 | |
| EPS in Rs | -0.02 | 0.13 | -0.15 | 0.03 | 0.98 | 2.37 | 0.74 | 0.32 | 0.18 | 0.14 | 0.22 | 0.16 | -0.71 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 51% | 66% | 50% | 63% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 2% |
| 3 Years: | 3% |
| TTM: | -42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | -26% |
| 3 Years: | -3% |
| TTM: | -706% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 27% |
| 5 Years: | -8% |
| 3 Years: | -56% |
| 1 Year: | -86% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 14 | 20 | 20 | 25 | 33 | 33 |
| Reserves | -11 | -7 | -12 | 2 | 37 | 95 | 114 | 119 | 145 | 208 | 208 | 251 | 223 |
| 38 | 37 | 42 | 36 | 16 | 8 | 46 | 83 | 116 | 139 | 233 | 247 | 258 | |
| 22 | 26 | 28 | 37 | 55 | 66 | 49 | 90 | 99 | 61 | 71 | 107 | 106 | |
| Total Liabilities | 59 | 66 | 68 | 83 | 116 | 179 | 218 | 306 | 380 | 428 | 536 | 639 | 620 |
| 26 | 31 | 29 | 37 | 39 | 67 | 76 | 70 | 67 | 144 | 156 | 149 | 134 | |
| CWIP | 9 | 9 | 9 | 9 | 11 | 2 | 15 | 23 | 68 | 28 | 53 | 100 | 109 |
| Investments | 0 | 0 | 0 | 0 | 0 | 5 | 6 | 6 | 7 | 6 | 6 | 2 | 0 |
| 24 | 26 | 30 | 37 | 66 | 105 | 122 | 207 | 238 | 250 | 321 | 387 | 377 | |
| Total Assets | 59 | 66 | 68 | 83 | 116 | 179 | 218 | 306 | 380 | 428 | 536 | 639 | 620 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10 | 6 | -1 | 10 | 44 | 52 | -11 | 1 | -4 | -38 | -2 | 48 | |
| 11 | -0 | -0 | -1 | -14 | -25 | -28 | -23 | -40 | -53 | -65 | -99 | |
| -21 | -6 | 2 | -6 | -14 | -23 | 30 | 30 | 46 | 72 | 41 | 34 | |
| Net Cash Flow | -0 | 0 | 0 | 4 | 16 | 4 | -8 | 7 | 2 | -19 | -26 | -16 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45 | 58 | 135 | 83 | 25 | 46 | 156 | 236 | 121 | 200 | 282 | 363 |
| Inventory Days | 180 | 99 | 177 | 174 | 192 | 197 | 374 | 641 | ||||
| Days Payable | 231 | 220 | 401 | 321 | 122 | 141 | 197 | 273 | ||||
| Cash Conversion Cycle | -6 | -63 | -89 | -64 | 95 | 103 | 333 | 604 | 121 | 200 | 282 | 363 |
| Working Capital Days | -381 | -212 | -326 | -120 | -73 | 35 | 86 | 121 | 85 | 210 | 191 | 195 |
| ROCE % | -13% | 1% | 17% | 62% | 135% | 24% | 8% | 5% | 5% | 8% | 5% |
Documents
Announcements
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Announcement Under Regulation 30 (LODR) - Circular Resolution
1d - Board approved Tej Mayur Contractor as Independent Director; postal ballot, NSDL e‑voting and scrutiniser authorized (12-Dec-2025).
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Announcement under Regulation 30 (LODR)-Change in Management
8 Dec - Ayesha Sunil Patel (DIN:02074115) retired as Independent Director effective December 06, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
1 Dec - Rony Mukesh Shah appointed Senior Management (Secretarial team) effective December 01, 2025; Company Secretary Nitin Jani continues.
-
Disclosures under Reg. 10(7) of SEBI (SAST) Regulations, 2011
28 Nov - Promoter inter-se transfer on 7 & 14 Nov 2025; Rs.6.17/share; seller's 26.65% stake transferred.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov - Copy of newspaper advertisement of Unaudited Standalone and Consolidated Financial Results of Sadhana Nitro Chem Limited for the quarter ended on September 30, 2025 approved …
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 2012
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Financial Year 2011
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Business Overview:[1][2]
SNCL is an ISO 9001:2015 certified and a government-recognized 2-Star Golden Export House. It is in the business of chemical and chemical products, pharma, medicinal chemicals, and intermediates