Sudarshan Chemical Indus. Ltd.

BSE: SUDARSCHEM506655ISIN INE659A01023

Commodities
Dyes And Pigments
BSE 1000

Share price

₹1,070.60-5.25 (-0.49%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,346.00
52W low: ₹726.60
Off 52W high: -20.46%
1M return: -12.99%
3M return: -1.46%
6M return: +13.36%
1Y return: -7.78%
20D avg volume: 11,004
50 DMA: ₹1,179.08
200 DMA: ₹985.73

Key ratios Consolidated

Market cap: ₹8,524 Cr
Current price: ₹1,070.60
52W high / low: ₹1,346.00 / ₹726.60
Face value: ₹2.00
P/E: 95.56
P/B: 2.44
EPS (TTM): ₹11.20
Book value / share: ₹439.52
ROE: —
ROCE: 4.30%
Operating margin: —
Net margin: —
Debt / equity: 0.55
Net debt: ₹1,186 Cr
Interest cover: 1.77
Dividend yield: 0.47%
Dividend / share (TTM): ₹5.00
Payout: 44.64%
Cash conversion cycle: 96.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,642	2,790	2,103	2,387	2,507	1,349	666.43	696.09	633.62	764.24	565.75	600.68
	19.00	10.40	14.20	28.80	25.80	20.45	4.49	4.97	3.50	2.98	4.28	5.69
	2,661	2,800	2,117	2,416	2,533	1,370	670.92	701.07	637.12	767.23	570.02	606.37
	2,517	2,654	2,202	2,396	2,458	1,301	635.40	647.10	596.01	689.21	547.94	580.15
	1,362	1,183	979.30	1,219	1,376	2,165	347.33	435.82	369.26	399.19	302.85	333.54
	71.20	45.40	0.00	0.00	0.00	0.00	3.87	8.95	5.10	2.67	4.35	4.74
	440.30	421.70	395.30	415.70	433.60	189.07	55.79	56.77	54.39	52.49	53.57	52.57
	40.50	40.80	36.40	43.60	44.10	20.96	11.41	8.88	7.03	8.38	8.58	9.63
	93.10	50.40	100.60	97.20	99.00	57.13	36.55	36.61	35.93	35.67	35.48	35.42
	718.40	664.10	588.30	648.70	658.10	340.94	159.64	175.88	158.36	156.48	137.91	150.21
	144.20	146.60	-84.90	20.20	75.10	69.34	35.52	53.97	41.11	78.02	22.09	26.22
	0.00	15.70	-45.40	0.00	0.00	-61.64	-30.83	-11.16	0.00	0.00	0.00	0.00
	144.20	162.30	-130.30	20.20	75.10	7.70	4.69	42.81	41.11	78.02	22.09	26.22
	54.00	85.20	-6.80	10.20	27.20	10.25	4.18	12.90	11.67	19.99	7.49	8.36
	103.40	82.50	-116.00	19.30	55.00	0.31	0.51	29.90	29.43	58.03	14.59	17.86
	12.30	10.00	-14.70	1.50	6.00	7.60	0.10	4.30	4.30	8.40	2.10	2.60
Key metrics
	277.80	253.50	6.70	161.00	218.20	85.79	52.65	88.30	84.07	122.07	66.15	71.27
	10.50%	9.10%	0.30%	6.70%	8.70%	6.40%	7.90%	12.70%	13.30%	16.00%	11.70%	11.90%
	3.90%	3.00%	-5.50%	0.80%	2.20%	0.00%	0.10%	4.30%	4.60%	7.60%	2.60%	3.00%
	—	3.00%	—	0.90%	—	0.40%	—	—	—	—	—	—
	5.40%	106.70%	215.60%	243.00%	295.60%	76.60%	17.80%	15.90%	—	—	—	—
	88.00%	26,512.90%	-22,845.10%	-35.50%	86.90%	-99.50%	-96.50%	67.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	9,922	9,787	3,346	2,539	2,302	2,201
	72.40	79.20	33.41	17.09	4.79	5.00
	9,995	9,866	3,379	2,556	2,307	2,206
	9,769	9,709	3,179	2,400	2,247	2,035
	4,743	4,757	3,318	1,380	1,314	1,374
	116.60	45.40	17.92	19.23	13.17	12.77
	1,673	1,666	356.02	209.95	183.95	183.97
	161.30	164.90	48.29	36.90	41.47	19.42
	341.30	347.20	166.22	141.17	114.23	89.26
	2,620	2,559	834.82	597.02	538.85	471.63
	226.10	157.00	199.93	155.43	59.74	171.12
	-29.70	-29.70	-103.62	315.10	0.00	0.00
	196.40	127.30	96.31	470.53	59.74	171.12
	142.60	115.80	39.01	113.08	14.97	41.16
	89.20	40.80	60.16	357.45	44.77	129.97
	9.10	2.80	22.50	51.60	6.50	18.80
Key metrics
	699.00	639.40	310.82	648.60	215.44	279.80
	7.04%	6.50%	9.30%	25.50%	9.40%	12.70%
	0.90%	0.40%	1.80%	14.10%	1.90%	5.90%
	—	4.30%	2.10%	—	—	—
	90.13%	192.50%	31.80%	10.30%	4.60%	—
	4.06%	-32.20%	-83.20%	698.40%	-65.60%	—
	—	73.60	-57.53	—	—	—
	—	8.43	0.62	—	—	—
	—	0.55	0.52	—	—	—
	—	1,186	980.33	—	—	—
	—	96.5	249.9	—	—	—
Balance sheet
	—	9,723	9,731	—	—	—
	—	5,964	6,167	—	—	—
	—	932.90	1,104	—	—	—
	—	1,679	1,225	—	—	—
	—	2,444	2,465	—	—	—
	—	282.80	550.09	—	—	—
	—	2,861	2,820	—	—	—
	—	1,534	1,398	—	—	—
	—	2,898	2,915	—	—	—
	—	2,119	2,085	—	—	—
	—	471.10	452.77	—	—	—
	—	1,648	1,632	—	—	—
	—	3,854	4,038	—	—	—
Cash flow
	—	344.00	37.04	—	—	—
	—	164.80	-1,548	—	—	—
	—	-680.20	2,596	—	—	—
	—	270.40	94.57	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	677.40	732.70	550.30	582.50	531.20	703.59	574.78	675.83	579.74	617.60	509.69	489.36
	25.80	22.70	20.70	22.40	24.60	17.38	4.43	5.11	3.54	3.24	4.17	5.77
	703.20	755.40	571.00	604.90	555.80	720.97	579.22	680.94	583.28	620.84	513.86	495.14
	629.10	625.60	524.50	530.00	456.50	677.35	547.58	599.33	527.79	568.61	486.25	475.14
	444.20	388.80	278.20	291.60	342.60	379.67	307.01	409.34	343.13	324.89	277.62	290.85
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	52.90	52.20	48.20	44.50	44.20	53.18	38.24	38.99	38.30	38.27	36.93	37.54
	6.50	7.50	5.70	7.30	8.10	8.31	9.07	5.91	5.00	5.97	6.91	7.50
	37.40	37.00	37.30	37.50	36.20	35.10	35.29	35.38	34.93	34.50	34.33	34.41
	180.00	137.40	123.40	110.30	89.70	171.10	138.21	153.00	136.79	133.08	116.94	116.60
	74.10	129.80	46.50	74.90	99.30	43.62	31.63	81.61	55.49	52.23	27.61	20.00
	0.00	5.40	-26.50	0.00	0.00	-9.65	-8.56	—	—	-3.44	—	—
	74.10	135.20	20.00	74.90	99.30	33.97	23.07	81.61	55.49	48.79	27.61	20.00
	16.30	14.80	2.50	0.80	26.00	11.56	6.83	20.36	14.41	11.91	8.81	5.86
	57.80	120.40	22.50	74.10	73.30	22.41	16.24	61.25	41.08	36.88	18.80	14.14
	7.30	15.30	2.90	9.50	9.30	2.90	2.30	8.80	5.90	5.30	2.70	2.00
Key metrics
	118.00	179.70	63.00	119.70	143.60	77.38	67.43	122.90	95.42	89.26	68.85	61.91
	17.40%	24.50%	11.40%	20.50%	27.00%	11.00%	11.70%	18.20%	16.50%	14.50%	13.50%	12.70%
	8.50%	16.40%	4.10%	12.70%	13.80%	3.20%	2.80%	9.10%	7.10%	6.00%	3.70%	2.90%
	—	5.30%	—	3.20%	—	1.70%	—	—	—	—	—	—
	27.50%	4.10%	-4.30%	-13.80%	-8.40%	13.90%	12.80%	38.10%	—	—	—	—
	-21.10%	437.30%	38.50%	21.00%	78.40%	-39.20%	-13.60%	333.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,543	2,397	2,534	2,141	1,976	1,919
	91.60	90.40	30.46	17.39	4.15	8.38
	2,634	2,487	2,564	2,159	1,980	1,927
	2,309	2,137	2,352	2,032	1,942	1,790
	1,403	1,301	1,439	1,201	1,164	1,253
	0.00	0.00	0.00	—	—	—
	197.80	189.10	168.71	147.47	126.95	129.25
	27.00	28.60	28.30	28.71	36.69	17.31
	149.20	148.00	140.70	136.89	111.11	86.89
	551.10	460.80	599.11	483.91	449.13	424.93
	325.30	350.50	212.35	126.91	37.83	137.46
	-21.10	-21.10	-18.21	311.66	—	—
	304.20	329.40	194.14	438.56	37.83	137.46
	34.40	39.10	53.16	103.44	6.42	37.08
	274.80	290.30	140.97	335.12	31.41	100.38
	35.00	36.90	19.90	48.40	4.50	14.50
Key metrics
	480.40	506.00	363.14	604.16	185.63	241.66
	18.89%	21.10%	14.30%	28.20%	9.40%	12.60%
	10.81%	12.10%	5.60%	15.60%	1.60%	5.20%
	—	13.40%	9.20%	—	—	—
	2.31%	-5.40%	18.30%	8.40%	3.00%	—
	58.66%	105.90%	-57.90%	966.90%	-68.70%	—
	—	57.30	-40.27	—	—	—
	—	0.62	0.47	—	—	—
	—	0.13	0.18	—	—	—
	—	282.20	382.60	—	—	—
	—	75.4	77.4	—	—	—
Balance sheet
	—	3,639	3,371	—	—	—
	—	1,551	1,486	—	—	—
	—	53.20	18.69	—	—	—
	—	654.90	679.02	—	—	—
	—	365.50	350.81	—	—	—
	—	57.50	52.95	—	—	—
	—	994.10	998.94	—	—	—
	—	525.60	492.37	—	—	—
	—	960.50	944.20	—	—	—
	—	335.40	401.29	—	—	—
	—	335.40	377.17	—	—	—
	—	0.00	24.12	—	—	—
	—	2,534	2,259	—	—	—
Cash flow
	—	180.00	65.63	—	—	—
	—	-22.90	-1,113	—	—	—
	—	-122.60	1,030	—	—	—
	—	122.70	105.90	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +6.64%
Sales CAGR 5Y: —
Profit CAGR 3Y: +109.86%
Profit CAGR 5Y: —
Sales YoY (TTM): +2.31%
Profit YoY (TTM): +58.66%

Consolidated

Sales CAGR 3Y: +62.01%
Sales CAGR 5Y: —
Profit CAGR 3Y: -3.05%
Profit CAGR 5Y: —
Sales YoY (TTM): +90.13%
Profit YoY (TTM): +4.06%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 9.32%

Quarter	September 2026	June 2026
Promoter %	9.32%	8.20%

Holder	Type	Holding	Previous	Change
Tata Mutual Fund - Tata Small Cap Fund	Public	7.62%	7.72%	-0.10%
Hdfc Small Cap Fund	Public	7.27%	7.36%	-0.09%
Akash Bhanshali	Public	7.04%	7.13%	-0.09%
RAJESH BALKRISHNA RATHI	Promoter	6.32%	5.15%	+1.17%
Anuj Narayandas Rathi	Public	4.44%	5.68%	-1.24%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	Public	3.22%	3.26%	-0.04%
Vijaykumar Ramchandra Rathi	Public	2.63%	2.66%	-0.03%
Rohit Kishor Rathi	Public	2.50%	2.53%	-0.03%
Theleme India Master Fund Limited	Public	2.44%	2.42%	+0.02%
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund	Public	2.44%	2.47%	-0.03%
Franklin India Opportunites Fund	Public	1.68%	2.66%	-0.98%
SOW RACHNA RATHI FAMILY TRUST (TRUSTEES - RAJESH BALKRISHNA RATHI AND RACHNA RAJESH RATHI)	Promoter Group	1.52%	1.54%	-0.02%
Pradeep Ramwilas Rathi	Public	1.48%	3.00%	-1.52%
Rahul Pradeep Rathi	Public	1.48%	2.49%	-1.01%
Lata Bhanshali	Public	1.44%	1.46%	-0.02%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Sudarshan Chemical Indus. Ltd.	8,524	1,070.60	95.56	4.30%	+90.13% TTM	+4.06% TTM	-7.78%
KIRI INDUSTRIES LIMITED	3,411	523.35	0.58	89.10%	+10.71% TTM	+3,100.78% TTM	-2.89%
Bodal Chemicals Ltd	2,139	169.80	14.84	8.30%	+44.89% TTM	+306.66% TTM	+178.36%
Shree Pushkar Chemicals & Fertilisers Limited	1,926	595.60	21.50	13.10%	+21.62% TTM	+25.09% TTM	+51.19%
Bhageria Industries Limited	1,545	354.10	13.82	9.10%	+75.45% TTM	+128.86% TTM	+65.62%
Ultramarine & Pigments Ltd.	1,066	365.05	11.56	11.70%	+15.56% TTM	+17.19% TTM	-18.19%
Sudarshan Colorants India Limited S	875	378.95	15.72	10.00%	+6.26% TTM	-9.11% TTM	-25.40%
Asahi Songwon Colors Ltd.	437	371.15	12.79	10.40%	-0.60% TTM	+127.01% TTM	+31.82%
AksharChem (India) Ltd. S	293	364.80	10.19	0.80%	+32.59% TTM	+1,396.88% TTM	+38.58%
Poddar Pigments Ltd. S	263	248.00	17.78	5.80%	+4.50% TTM	-17.19% TTM	-9.82%
HINDPRAKASH INDUSTRIES LIMITED S	134	117.70	38.34	10.60%	+1.82% TTM	+137.16% TTM	-16.52%

Filings & corporate actions

Recent announcements

Intimation of quarterly earnings call scheduled on 6 November 20263 Nov 2026 · Company Update / Analyst / Investor Meet
Sudarshan Chemical Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve Unaudited Financial ....3 Nov 2026 · Board Meeting / Board Meeting
Announcement under Reg. 30 - Intimation of completion of sale of 100% stake in VP4 Frankfurt GmbH, a Step-Down Wholly-Owned Subsidiary of the Company2 Nov 2026 · Company Update / Diversification / Disinvestment
Announcement under Reg. 30 - Allotment of 19,350 ESOPs28 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Submission of Newspaper Publication27 Oct 2026 · Company Update / Newspaper Publication
Intimation of Credit Rating given by Ind-Ra20 Oct 2026 · Company Update / Credit Rating
Announcement under Reg. 30 - Conclusion of search / inspection7 Oct 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI DP Regulations, 2018 for the quarter ended 30 September 20267 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcement under Reg 30 - Inspection / Search Order1 Oct 2026 · Company Update / General
Announcement under Reg. 30 - Completion of Acquisition1 Oct 2026 · Company Update / Acquisition
Announcement under Reg. 30 - Execution of Share Purchase Agreement28 Sep 2026 · Company Update / Acquisition
Intimation of Trading Window Closure28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of one-on-one meeting with Institutional Investor26 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Analyst Calls scheduled on Tuesday 29 September, 202624 Sep 2026 · Company Update / Analyst / Investor Meet
Appointment of Mr. Amit Deshpande as the General Counsel forming part of the Senior Management Personnel of the Company21 Sep 2026 · Company Update / Change in Management
Announcement under Reg 30 - Credit Rating11 Sep 2026 · Company Update / Credit Rating
Submission of ESG Rating given by Crisil ESG Ratings and Analytics Limited11 Sep 2026 · Company Update / General
Announcement under Reg. 30 - Submission of revised investor presentation2 Sep 2026 · Company Update / Investor Presentation
Announcement under Reg 30 - Intimation of Resignation of General Counsel and Company Secretary, Compliance Officer, Key Managerial Personnel and Senior Management Personnel1 Sep 2026 · Company Update / Change in Management
Announcement under Regulation 30 - Resignation of General Counsel and Company Secretary and Compliance Officer of the Company1 Sep 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Newspaper Publication - 1st September, 20261 Sep 2026 · Company Update / Newspaper Publication
Submission of Investor Presentation1 Sep 2026 · Company Update / Investor Presentation
Submission of Press Release under Regulation 301 Sep 2026 · Company Update / Press Release / Media Release
Intimation regarding execution of definitive Share Purchase and Transfer Agreement for sale of 100% stake in VP4 Frankfurt GmbH, a Step-Down Wholly-Owned Subsidiary of the Company1 Sep 2026 · Company Update / Diversification / Disinvestment
Announcement under Reg 30 - Intimation of ESOP Allotment28 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Announcement under Regulation 30 - Launch of New Product27 Aug 2026 · Company Update / General
Submission of Press Release under Regulation 30 of SEBI Listing Regulations, 201525 Aug 2026 · Company Update / Press Release / Media Release
Submission of intimation under Regulation 30(6) of SEBI Listing Regulations, 201525 Aug 2026 · Company Update / Memorandum of Understanding /Agreements
Submission of Transcript of Q1 FY27 Earnings Call20 Aug 2026 · Company Update / Earnings Call Transcript
Submission of Scrutinizer Report on the resolutions passed at the 75th Annual General Meeting19 Aug 2026 · AGM/EGM / AGM
Proceedings of the 75th Annual General Meeting18 Aug 2026 · AGM/EGM / AGM
Newspaper publication of Unaudited Financial Results for the quarter ended 30 June 202613 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation in respect of Earnings call scheduled on 14 August, 2026.13 Aug 2026 · Company Update / Investor Presentation
Announcement under Reg 30 - Acquisition12 Aug 2026 · Company Update / Acquisition
Submission of the Unaudited Financial Results for the quarter ended 30 June 202612 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting held on 12 August 202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
Schedule of Analyst / Institutional Investors call in respect of unaudited financial results for the quarter ended 30 June 202610 Aug 2026 · Company Update / Analyst / Investor Meet
TDS Communication to Shareholders - Final Dividend FY25-266 Aug 2026 · Company Update / General
Sudarshan Chemical Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve This is to inform ....5 Aug 2026 · Board Meeting / Board Meeting
Newspaper publication dated 28th July, 202628 Jul 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 5.0000	11 Aug 2026	11 Aug 2026	—
Final Dividend - Rs. - 4.5000	22 Sep 2025	22 Sep 2025	—
Final Dividend - Rs. - 1.0000	26 Jul 2024	26 Jul 2024	—

Board meetings

6 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results