Bodal Chemicals

Why is Bodal Chemicals Ltd falling/rising?

As of 19-Aug, Bodal Chemicals Ltd's stock price is at Rs 71.99, up 4.5%, and has outperformed the sector today. The stock has shown strong performance over the past week, month, and year-to-date, despite a decline in investor participation.

As of 19-Aug, Bodal Chemicals Ltd's stock price is rising, currently at Rs 71.99, reflecting a change of 3.1 (4.5%) upwards. This increase is notable as the stock has outperformed the sector by 3.73% today. Despite opening with a loss of -2.22%, the stock reached an intraday high of Rs 72.33, indicating a recovery during the trading session.<BR><BR>Over the past week, Bodal Chemicals has shown a positive return of +4.64%, contrasting with the Sensex, which has declined by -1.36%. Similarly, the stock has performed well over the past month with an increase of +11.80%, while the Sensex has dropped by -1.59%. Year-to-date, Bodal Chemicals has a substantial gain of +34.41%, significantly outperforming the Sensex's decline of -9.75%.<BR><BR>Additionally, Bodal Chemicals is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a strong upward trend in its price. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by -67.56% compared to the 5-day average. Despite this decrease in participation, the overall performance metrics indicate a positive sentiment around the stock, contributing to its rising price.

Which are the latest news on Bodal Chemicals?

Who are in the management team of Bodal Chemicals?

The management team of Bodal Chemicals includes Suresh J Patel (Chairman & Managing Director), Bhavin S Patel, Ankit S Patel, Ashutosh B Bhatt (Company Secretary), Rajarshi Ghosh, and several independent directors: Nalin Kumar, Neha Huddar, Mayank Kulinchandra Mehta, and Rohit Maloo. They are responsible for the company's strategic direction and regulatory compliance.

The management team of Bodal Chemicals includes the following key members:<BR><BR>1. **Suresh J Patel** - Chairman & Managing Director<BR>2. **Bhavin S Patel** - Executive Director<BR>3. **Ankit S Patel** - Executive Director<BR>4. **Ashutosh B Bhatt** - Company Secretary & Compliance Officer<BR>5. **Rajarshi Ghosh** - Executive Director<BR>6. **Nalin Kumar** - Independent Director<BR>7. **Neha Huddar** - Independent Director<BR>8. **Mayank Kulinchandra Mehta** - Independent Director<BR>9. **Rohit Maloo** - Independent Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulations.

What does Bodal Chemicals do?

Bodal Chemicals Ltd is a leading manufacturer of dyes and pigments, recognized for its dyestuff and dye intermediates. As of June 2026, it reported net sales of 709 Cr and a net profit of 30 Cr, with a market cap of INR 844 Cr.

Overview:<BR>Bodal Chemicals Ltd is a leading manufacturer in the dyes and pigments industry, operating within the micro-cap market segment.<BR><BR>History:<BR>The company has not specified its incorporation year, but it is recognized as a market leader in dyestuff and dye intermediates. The latest quarterly results reported are for June 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 709 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 30 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 844 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 12.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.68<BR>- Return on Equity: 4.13%<BR>- Price to Book: 0.75<BR><BR>Contact Details:<BR>- Address: P No 123 & 124 Phase I, GIDC Vatva Ahmedabad Gujarat : 382445<BR>- Tel: 91-079-2583 1684/2583 4223/25835437<BR>- Email: secretarial@bodal.com<BR>- Website: http://www.bodal.com

Who are the peers of the Bodal Chemicals?

Bodal Chemicals' peers include Kiri Industries, Sh.Pushkar Chem., Ultramarine Pig., Sudarshan Colora, Bhageria Industries, Asahi Songwon, Poddar Pigments, AksharChem (I), and Hindprakash Indu. Most peers show Below Average growth and management risk, with Bhageria Industries leading in 1-year returns at 16.97%, while Bodal Chemicals has a return of 2.32%.

Peers: The peers of Bodal Chemicals are Kiri Industries, Sh.Pushkar Chem., Ultramarine Pig., Sudarshan Colora, Bhageria Indust., Asahi Songwon, Poddar Pigments, AksharChem (I), and Hindprakash Indu.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sh.Pushkar Chem., Ultramarine Pig., Sudarshan Colora, Bhageria Indust., and Poddar Pigments, while Average management risk is found at Kiri Industries, Asahi Songwon, and the rest. Below Average management risk is noted for Bodal Chemicals, AksharChem (I), and Hindprakash Indu. All peers exhibit Below Average growth except for Ducol Organics, which has Excellent growth, while the rest, including Bodal Chemicals, show Below Average growth. In terms of Capital Structure, Excellent ratings are given to Sh.Pushkar Chem., Ultramarine Pig., Sudarshan Colora, Bhageria Indust., and Poddar Pigments, while Below Average ratings are assigned to Bodal Chemicals, AksharChem (I), Hindprakash Indu, and Asahi Songwon.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bhageria Indust. at 16.97%, while Kiri Industries has the lowest at -21.88%. Bodal Chemicals' 1-year return is 2.32%, which is higher than Kiri Industries but lower than Bhageria Indust. Additionally, the peers with negative six-month returns include Kiri Industries, Ultramarine Pig., Sudarshan Colora, and Hindprakash Indu.

How big is Bodal Chemicals?

As of 14th August, Bodal Chemicals Ltd has a market capitalization of 863.00 Cr, with recent net sales of 2267.08 Cr and a net profit of 68.67 Cr.

As of 14th August, Bodal Chemicals Ltd has a market capitalization of 863.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, Bodal Chemicals reported Net Sales of 2267.08 Cr and a Net Profit of 68.67 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,104.85 Cr and Total Assets of 2,339.32 Cr.

Should I buy, sell or hold Bodal Chemicals Ltd?

When is the next results date for Bodal Chemicals Ltd?

The next results date for Bodal Chemicals Ltd is 05 August 2026.

The next results date for Bodal Chemicals Ltd is scheduled for 05 August 2026.

Are Bodal Chemicals Ltd latest results good or bad?

Bodal Chemicals Ltd's latest results show strong revenue growth of 30.42% and a 121.10% increase in net profit, indicating positive momentum. However, concerns about weak return on equity and high debt levels suggest that investors should remain cautious despite the encouraging performance.

Bodal Chemicals Ltd's latest results present a mixed picture. On one hand, the company reported strong revenue growth of 30.42% year-on-year, reaching ₹588.02 crores for the March 2026 quarter. This growth was accompanied by a significant improvement in net profit, which surged by 121.10% year-on-year to ₹32.06 crores, marking a remarkable recovery from previous quarters.<BR><BR>The operating margin also improved to 11.66%, reflecting better cost management and operational efficiency. This quarter is noted as one of the strongest in recent memory, indicating positive momentum in the company's performance.<BR><BR>However, despite these encouraging results, Bodal Chemicals faces several structural challenges. The return on equity (ROE) remains weak at just 3.24%, and the company carries high leverage with a debt-to-EBITDA ratio of 5.49 times. These factors raise concerns about the sustainability of its financial performance and overall investment appeal.<BR><BR>In summary, while the latest results show strong growth and recovery in profitability, the underlying issues related to capital efficiency and high debt levels suggest that investors should approach with caution. The outlook is cautiously optimistic, but significant risks remain.

Is Bodal Chemicals overvalued or undervalued?

As of November 13, 2025, Bodal Chemicals is considered an attractive investment due to its undervalued status, with a PE ratio of 20.27, an EV to EBITDA of 9.69, and a Price to Book Value of 0.66, making it significantly cheaper than peers like Sudarshan Chemicals and Kiri Industries, despite a year-to-date return of -13.54%.

As of 13 November 2025, the valuation grade for Bodal Chemicals has moved from very attractive to attractive. The company is currently assessed as undervalued. Key ratios include a PE ratio of 20.27, an EV to EBITDA of 9.69, and a Price to Book Value of 0.66, which suggest that the stock is trading at a reasonable valuation compared to its earnings and assets.<BR><BR>In comparison to its peers, Bodal Chemicals has a PE ratio of 20.27, while Sudarshan Chemicals is at 138.83 and Kiri Industries at 25.78, indicating that Bodal is significantly cheaper relative to these competitors. Furthermore, the PEG ratio of 0.01 highlights its growth potential compared to the price. Despite recent underperformance with a year-to-date return of -13.54% against the Sensex's 8.11%, the valuation metrics suggest that Bodal Chemicals remains an attractive investment opportunity in the dyes and pigments industry.

How has been the historical performance of Bodal Chemicals?

Bodal Chemicals has shown fluctuating historical performance, with net sales increasing to 1,744.94 Cr in March 2025 from 1,394.62 Cr in March 2024, but still lower than 2,050.62 Cr in March 2022. While profits improved, cash flow declined, indicating mixed results overall.

Answer:<BR>The historical performance of Bodal Chemicals shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>Bodal Chemicals reported net sales of 1,744.94 Cr in March 2025, an increase from 1,394.62 Cr in March 2024, but a decline from 2,050.62 Cr in March 2022. Total operating income followed a similar pattern, reaching 1,744.94 Cr in March 2025 compared to 1,394.62 Cr in the previous year. The company's total expenditure, excluding depreciation, was 1,586.08 Cr in March 2025, up from 1,299.95 Cr in March 2024. Operating profit (PBDIT) increased to 170.65 Cr in March 2025 from 119.47 Cr in March 2024, although it was significantly lower than the 236.93 Cr reported in March 2022. Profit before tax also rose to 19.31 Cr in March 2025 from 4.73 Cr in March 2024, while profit after tax increased to 18.50 Cr from 6.47 Cr in the same period. The total assets of the company grew to 2,339.32 Cr in March 2025, compared to 2,280.55 Cr in March 2024, with total liabilities also increasing to 2,339.32 Cr from 2,280.55 Cr. Cash flow from operating activities was 113.00 Cr in March 2025, down from 204.00 Cr in March 2024, indicating a decline in cash generation efficiency. Overall, Bodal Chemicals has experienced a mixed performance with some recovery in sales and profits, but challenges remain evident in cash flow and overall profitability compared to earlier years.

Is Bodal Chemicals technically bullish or bearish?

As of October 6, 2025, Bodal Chemicals has shifted to a bearish technical stance, supported by bearish MACD, Bollinger Bands, and moving averages, despite a conflicting bullish RSI on the weekly chart.

As of 6 October 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Bodal Chemicals is bearish with moderate strength. Key indicators driving this stance include a bearish MACD on the weekly chart, bearish signals from Bollinger Bands and KST on both weekly and monthly time frames, and bearish moving averages on the daily chart. The RSI shows a bullish signal on the weekly but lacks confirmation from the monthly perspective. Overall, the combination of these indicators suggests a prevailing bearish sentiment in the market.

Who are the top shareholders of the Bodal Chemicals?

The top shareholder of Bodal Chemicals is Sureshbhai Jayantibhai Patel, holding 29.47%, with individual investors collectively owning 36.16%. There are no pledged promoter holdings, and the company has 17 foreign institutional investors holding a total of 0.32%, with no mutual funds involved.

The top shareholders of Bodal Chemicals primarily include the promoters, with Sureshbhai Jayantibhai Patel holding the largest share at 29.47%. There are no pledged promoter holdings reported. In terms of public shareholders, Ashokkumar Giriraj Bansal is the highest with a holding of 1.74%. Additionally, individual investors collectively hold 36.16% of the shares. The company also has 17 foreign institutional investors (FIIs) that hold a combined 0.32%. There are currently no mutual funds holding shares in Bodal Chemicals.

Has Bodal Chemicals declared dividend?

Bodal Chemicals Ltd has declared a 5% dividend, with an ex-date of September 22, 2023. Despite the dividend declaration, the dividend yield is 0%, and total returns have varied significantly across different periods.

Bodal Chemicals Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Ex-date: 22 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -3.93%, with a dividend return of 0%, resulting in a total return of -3.93%.<BR><BR>Over the past year, the price return was 2.19%, with a dividend return of 0%, leading to a total return of 2.19%.<BR><BR>In the 2-year period, the price return was 8.2%, with a dividend return of 0.13%, resulting in a total return of 8.33%.<BR><BR>For the 3-year period, the price return was -26.06%, with a dividend return of 1.13%, leading to a total return of -24.93%.<BR><BR>In the last 4 years, the price return was -28.77%, with a dividend return of 1.69%, resulting in a total return of -27.08%.<BR><BR>Over the past 5 years, the price return was 29.66%, with a dividend return of 2.78%, leading to a total return of 32.44%.<BR><BR>Overall, Bodal Chemicals has declared a dividend, but the dividend yield remains at 0%. The total returns over various periods show a mixed performance, with significant fluctuations in returns, particularly in the 3 and 4-year periods, while the 5-year period shows a positive total return.