Multibase India

how big is Multibase India?

As of Jun 06, Multibase India Ltd has a market capitalization of 358.28 Cr, categorizing it as a Micro Cap company, with recent net sales of 388.07 Cr and a net profit of -86.43 Cr over the latest four quarters.

Market Cap: As of Jun 06, Multibase India Ltd has a market capitalization of 358.28 Cr, which categorizes it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 388.07 Cr, and the sum of Net Profit is -86.43 Cr. This data is based on Consolidated financials.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 134.57 Cr, and Total Assets are valued at 144.44 Cr.

What does Multibase India do?

Multibase India Ltd is a micro-cap company in the specialty chemicals industry, with recent net sales of ₹16 Cr and a net profit of ₹4 Cr as of March 2025. It has a market cap of ₹355 Cr, a P/E ratio of 25, and a dividend yield of 19.67%.

Overview: <BR>Multibase India Ltd operates in the specialty chemicals industry and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in 1991 under the name Synergy Polymers Limited, later changing its name to Synergy Multibase Limited in 1999, and finally to Multibase India Limited on August 31, 2007. The latest reported quarter for net sales and profit is March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 16 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 355 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 25.00 <BR>Industry P/E: 18 <BR>Dividend Yield: 19.67% <BR>Debt-Equity: -0.82 <BR>Return on Equity: 10.89% <BR>Price to Book: 2.67<BR><BR>Contact Details: <BR>Address: 74/5-6 Daman Industrial Estate, Kadaiya Village Nani Daman Daman & Diu (U T) Daman & Diu : 396210 <BR>Tel: 91-260-6614400 <BR>Email: compliance.officer@multibaseindia.c <BR>Website: http://www.multibaseindia.com

Has Multibase India declared dividend?

Yes, Multibase India Ltd has declared a 530% dividend, amounting to ₹53 per share, with an ex-date of November 27, 2024. The dividend yield is 19.67%, and the company has shown positive total returns over various periods, particularly in the long term.

Multibase India Ltd has declared a 530% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 530%<BR>- Amount per share: 53 per share<BR>- Ex-date: 27 Nov 24<BR><BR>Dividend Yield: 19.67%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -18.0%, with a dividend return of 0%, resulting in a total return of -18.0%.<BR><BR>Over the past year, the price return was 10.81%, the dividend return was 21.57%, leading to a total return of 32.38%.<BR><BR>In the 2-year period, the price return was 27.87%, the dividend return was 27.01%, culminating in a total return of 54.88%.<BR><BR>For the 3-year period, the price return was 53.92%, with a dividend return of 32.71%, resulting in a total return of 86.63%.<BR><BR>In the last 4 years, the price return was 14.19%, the dividend return was 26.20%, which gave a total return of 40.39%.<BR><BR>Over the past 5 years, the price return was 125.4%, with a dividend return of 42.49%, leading to a total return of 167.89%.<BR><BR>Overall, Multibase India Ltd has declared a substantial dividend, and the total returns over various periods indicate a generally positive performance, particularly over the longer term. The dividend yield of 19.67% further highlights the attractiveness of the investment.

Who are the peers of the Multibase India?

Multibase India's peers include Pidilite Industries, SRF, Gujarat Fluorochemicals, and others, with varying management and growth risks. SRF leads in 1-year returns at 30.57%, while Multibase India has a return of 9.93%.

Peers: The peers of Multibase India are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Diamines & Chem., Dynemic Products, Chembond Chem., Dai-ichi Karkari, and Vipul Organics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pidilite Inds., SRF, and Diamines & Chem., while Good management risk is found at Deepak Nitrite and Vipul Organics. Average management risk is noted at Gujarat Fluoroch, Himadri Special, Multibase India, Dynemic Products, Chembond Chem., Dai-ichi Karkari, and the rest. For Growth, Excellent growth is seen at Himadri Special, while Average growth is found at Pidilite Inds., SRF, and Chembond Chem. Below Average growth is noted at Gujarat Fluoroch, Deepak Nitrite, Multibase India, Diamines & Chem., Dynemic Products, Dai-ichi Karkari, and the rest. In terms of Capital Structure, Excellent capital structure is observed at Pidilite Inds., SRF, Deepak Nitrite, and Diamines & Chem., while Average capital structure is noted at Multibase India and Vipul Organics, with Good capital structure at Gujarat Fluoroch, Himadri Special, and Dai-ichi Karkari.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SRF at 30.57%, while the lowest is Diamines & Chem. at -24.17%. Multibase India's 1-year return of 9.93% is higher than that of Diamines & Chem. and lower than that of SRF. Additionally, several peers, including Deepak Nitrite, Chembond Chem., and Dynemic Products, have negative six-month returns.

What is the technical trend for Multibase India?

As of June 2, 2025, Multibase India shows a mildly bearish trend due to bearish daily moving averages and weekly Bollinger Bands, despite some conflicting signals from the MACD and KST.

As of 2 June 2025, the technical trend for Multibase India has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the daily moving averages indicating bearishness and the weekly Bollinger Bands also showing a bearish signal. The MACD on the monthly timeframe is mildly bearish, while the weekly KST and Dow Theory are mildly bullish, suggesting some conflicting signals. The RSI shows no signal on both weekly and monthly timeframes, indicating a lack of momentum. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish outlook.

Who are in the management team of Multibase India?

As of March 2023, the management team of Multibase India includes Deepak Dhanak (Executive Director & Managing Director), Harish N Motiwalla (Chairman & Independent Director), Ashok Chhabra, Bharti Dhar (both Independent Non-Executive Directors), and Krishan Phophali and Mark Stephen Metaxas (both Non-Executive & Non-Independent Directors).

As of March 2023, the management team of Multibase India includes the following individuals:<BR><BR>1. Deepak Dhanak - Executive Director & Managing Director<BR>2. Harish N Motiwalla - Chairman & Independent Director<BR>3. Ashok Chhabra - Independent Non-Executive Director<BR>4. Bharti Dhar - Independent Non-Executive Director<BR>5. Krishan Phophali - Non-Executive & Non-Independent Director<BR>6. Mark Stephen Metaxas - Non-Executive & Non-Independent Director<BR><BR>These members play various roles within the company's governance structure.

Who are the top shareholders of the Multibase India?

The top shareholder of Multibase India is Multibase SA, holding 75.0% of the shares, with individual investors owning 21.29%. There are no pledged promoter holdings or investments from mutual funds or foreign institutional investors.

The top shareholders of Multibase India are primarily the promoters, with Multibase SA holding the largest stake at 75.0%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold 21.29% of the shares.

When is the next results date for Multibase India?

The next results date for Multibase India is August 8, 2025.

The next results date for Multibase India is scheduled for August 8, 2025.

How has been the historical performance of Multibase India?

Multibase India faced significant financial challenges in FY 2023, reporting net sales of 1,553.57 crore but a net loss of -63.72 crore, with a negative profit margin and liquidity issues reflected in a net cash outflow of -62.00 crore. The company's operating profit margin was only 0.39%, indicating struggles with profitability and cash flow management.

Answer:<BR>The historical performance of Multibase India shows a challenging financial landscape, particularly in the fiscal year ending March 2023.<BR><BR>Breakdown:<BR>In March 2023, Multibase India reported net sales of 1,553.57 crore, with total operating income also at 1,553.57 crore. The total expenditure, excluding depreciation, was 1,547.52 crore, leading to an operating profit (PBDIT) of 38.36 crore, which translates to an operating profit margin of 0.39%. However, the company faced significant challenges with an interest expense of 72.92 crore, resulting in a profit before tax of -56.75 crore and a profit after tax of -63.72 crore, reflecting a PAT margin of -4.1%. The consolidated net profit stood at -63.86 crore, with earnings per share (EPS) at -5.11. On the balance sheet, total assets were recorded at 137.15 crore, while total liabilities were 137.15 crore, indicating a balance sheet under pressure. The cash flow from operating activities was 8.00 crore, but the net cash outflow was -62.00 crore, highlighting liquidity issues. Overall, the financial metrics indicate a company struggling with profitability and cash flow management.

Is Multibase India overvalued or undervalued?

As of November 28, 2025, Multibase India is considered very expensive and overvalued with a PE ratio of 23.74, significantly higher than peers like Agarwal Industrial and Manali Petrochem, and has underperformed the Sensex with a year-to-date return of -35.49%.

As of 28 November 2025, the valuation grade for Multibase India has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued, with a PE ratio of 23.74, an EV to EBITDA ratio of 16.85, and a Price to Book Value of 3.29. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Agarwal Industrial has a much lower PE ratio of 13.77 and an EV to EBITDA of 8.66, positioning it as very attractive. Manali Petrochem, another peer, is also categorized as very expensive with a PE ratio of 21.77 and an EV to EBITDA of 11.90. The stark contrast in valuation metrics highlights Multibase India's overvaluation in the specialty chemicals sector. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -35.49% compared to the Sensex's 9.68%, reinforcing the notion that the stock may not justify its current price.

Are Multibase India Ltd latest results good or bad?

Multibase India Ltd's latest results are concerning, showing a net loss of ₹19.94 crores and a 40.59% drop in net sales in Q2 FY26, alongside deteriorating margins and significant stock underperformance. Investors should exercise caution due to the company's operational instability and financial challenges.

The latest results for Multibase India Ltd indicate a challenging situation for the company. In Q2 FY26, the company reported a net loss of ₹19.94 crores, which is a significant decline of 176.18% compared to the previous quarter. Additionally, net sales fell sharply by 40.59% to ₹98.53 crores, marking the steepest sequential revenue drop in recent quarters.<BR><BR>The operating margin also deteriorated dramatically, plunging to -30.94%, compared to -6.23% in Q1 FY26. This indicates severe operational distress and raises concerns about the company's ability to manage costs effectively. The company's gross profit margin worsened to -18.81%, reflecting significant pricing pressures or unsustainable cost structures.<BR><BR>Furthermore, the stock has underperformed the market, with a 26% decline over the past year, while the broader Sensex has gained 8.51%. The company's high dividend yield of 22.21% is noteworthy, but it appears unsustainable given the recent financial performance and significant cash depletion following substantial dividend payouts.<BR><BR>Overall, the results suggest a negative outlook for Multibase India Ltd, characterized by operational instability and financial challenges. Investors may want to exercise caution given the current circumstances.

Should I buy, sell or hold Multibase India Ltd?

Why is Multibase India Ltd falling/rising?

As of 16-Mar, Multibase India Ltd's stock price is Rs 165.00, down 0.45%, reflecting a broader bearish trend with a 24.62% drop over the past month and 37.61% over the past year, while trading below its moving averages and nearing its 52-week low. Despite a slight increase in delivery volume, the overall sentiment remains negative.

As of 16-Mar, Multibase India Ltd's stock price is falling, currently at Rs 165.00, which reflects a decrease of Rs 0.75 or 0.45%. The stock has been on a downward trend, having lost 5.01% over the last four days. This decline is further evidenced by its performance over various periods, showing a significant drop of 24.62% over the past month and 37.61% over the past year, contrasting sharply with the Sensex, which has increased by 2.27% in the same timeframe.<BR><BR>Additionally, the stock is trading below its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. It is also close to its 52-week low, just 3.03% away from Rs 160. Despite a slight increase in investor participation, with a 6.51% rise in delivery volume compared to the 5-day average, the overall sentiment remains negative, contributing to the stock's decline.

Which are the latest news on Multibase India?