SPIC

how big is SPIC?

As of Jun 06, Southern Petrochemical Industries Corporation Ltd. has a market capitalization of 1,751.71 Cr, classifying it as a Small Cap company, with recent net sales of 3,086.33 Cr and a net profit of 155.69 Cr. The shareholder's funds are valued at 1,075.62 Cr, and total assets amount to 1,632.04 Cr.

Market Cap: <BR>As of Jun 06, Southern Petrochemical Industries Corporation Ltd. has a market capitalization of 1,751.71 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest four quarters, the company reported a sum of Net Sales of 3,086.33 Cr and a sum of Net Profit of 155.69 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: <BR>This is Consolidated data for the latest annual period ending in Mar 2024. The Shareholder's Funds are valued at 1,075.62 Cr, and the Total Assets amount to 1,632.04 Cr.

Who are the top shareholders of the SPIC?

The top shareholders of SPIC include Ami Holdings Private Limited with 18.31%, Ares Diversified at 3.18%, and individual investors collectively holding 32.13%. Additionally, 12 mutual fund schemes own 0.01%, while 28 foreign institutional investors hold 4.87%.

The top shareholders of SPIC include several key players. The majority shareholders are the promoters, with Ami Holdings Private Limited holding the highest stake at 18.31%. In terms of public shareholders, Ares Diversified is the largest, owning 3.18%. Additionally, individual investors collectively hold 32.13% of the shares. The company also has 12 mutual fund schemes holding a small portion of 0.01%, and 28 foreign institutional investors (FIIs) holding 4.87%.

When is the next results date for SPIC?

No Upcoming Board Meetings

Has SPIC declared dividend?

Yes, Southern Petrochemical Industries Corporation Ltd. has declared a 15% dividend, amounting to 1.5 per share, with an ex-date of September 12, 2024. The company has shown strong total returns over various periods, particularly with a 433% total return over the past five years.

Southern Petrochemical Industries Corporation Ltd. has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 12 Sep 24<BR><BR>Dividend Yield: 1.74%.<BR><BR>Total Returns by Period:<BR>Over the past 6 months, the price return was 10.45%, with no dividend return, resulting in a total return of 10.45%.<BR><BR>In the 1-year period, the price return was 20.78%, the dividend return was 1.90%, leading to a total return of 22.68%.<BR><BR>For the 2-year period, the price return was 25.84%, with a dividend return of 4.47%, culminating in a total return of 30.31%.<BR><BR>In the 3-year period, the price return was 53.84%, the dividend return was 6.64%, resulting in a total return of 60.48%.<BR><BR>Over the 4-year period, the price return was 91.87%, with a dividend return of 6.07%, leading to a total return of 97.94%.<BR><BR>For the 5-year period, the price return was 418.04%, the dividend return was 14.96%, resulting in a total return of 433.0%.<BR><BR>Overall, SPIC has declared a significant dividend, and the total returns over various periods indicate strong performance, particularly in the long term, with substantial price appreciation and a consistent dividend yield.

Who are the peers of the SPIC?

SPIC's peers include Coromandel International, FACT, Chambal Fertilizers, Deepak Fertilizers, EID Parry, Madras Fertilizers, Zuari Agro Chemicals, Khaitan Chemical, and Nova Agritech. In terms of management risk, growth, and capital structure, they vary from excellent to below average, with Deepak Fertilizers showing the highest 1-year return at 172.54% and Madras Fertilizers the lowest at 1.46%.

Peers: The peers of SPIC are Coromandel Inter, F A C T, Chambal Fert., Deepak Fertiliz., EID Parry, Madras Fertilize, Zuari Agro Chem., Khaitan Chemical, and Nova Agritech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coromandel Inter and Chambal Fert., while Good management risk is found at Deepak Fertiliz. and EID Parry. Average management risk is present at SPIC, F A C T, Khaitan Chemical, and Nova Agritech, while Zuari Agro Chem. has Below Average management risk. Madras Fertilize does not qualify for management risk assessment. In terms of growth, Excellent growth is seen at Deepak Fertiliz., Average growth at EID Parry and Coromandel Inter, while Below Average growth is noted at SPIC, F A C T, Chambal Fert., Khaitan Chemical, and Nova Agritech. Madras Fertilize does not qualify for growth assessment. Capital Structure ratings show Excellent at Coromandel Inter, Chambal Fert., and EID Parry, Good at SPIC and F A C T, Average at Deepak Fertiliz., Khaitan Chemical, and Zuari Agro Chem., while Nova Agritech has Excellent capital structure. Madras Fertilize does not qualify for capital structure assessment.<BR><BR>Return Snapshot: Deepak Fertiliz. has the highest 1-year return at 172.54%, while Madras Fertilize has the lowest at 1.46%. SPIC's 1-year return of 23.29% is lower than Deepak Fertiliz. but higher than Madras Fertilize. Additionally, the six-month return is negative for Madras Fertilize and Nova Agritech.

Who are in the management team of SPIC?

As of March 2022, SPIC's management team includes S R Ramakrishnan (Whole-time Director), Ashwin C Muthiah (Chairman), and several independent directors and nominees from TIDCO, ensuring diverse governance and strategic direction.

As of March 2022, the management team of SPIC includes the following members:<BR><BR>1. S R Ramakrishnan - Whole-time Director<BR>2. Ashwin C Muthiah - Chairman (Non-Executive)<BR>3. B Narendran - Independent Director<BR>4. M B Ganesh - Company Secretary & Compliance Officer<BR>5. Sashikala Srikanth - Independent Director<BR>6. T K Arun - Independent Director<BR>7. S Radhakrishnan - Independent Director<BR>8. Debendranath Sarangi - Independent Director<BR>9. Rita Chandrasekar - Independent Director<BR>10. Vandhana Garg - Nominee (TIDCO)<BR>11. A R Rajalakshmi - Nominee (TIDCO)<BR>12. Jayashree Muralidharan - Nominee (TIDCO)<BR>13. Devaki Ashwin Muthiah - Non-Executive Director<BR><BR>This diverse team comprises various roles, including independent directors and nominees, contributing to the governance and strategic direction of the company.

What does SPIC do?

Southern Petrochemical Industries Corporation Limited (SPIC) is a small-cap Indian fertilizer manufacturer, reporting net sales of ₹7,544 Cr and a net profit of ₹195 Cr for the quarter ending March 2025. Key financial metrics include a P/E ratio of 11.00, a dividend yield of 1.78%, and a market cap of ₹1,723 Cr.

Overview: <BR>Southern Petrochemical Industries Corporation Limited (SPIC) is a leading Indian fertilizer manufacturing company operating in the small-cap market.<BR><BR>History: <BR>SPIC was founded as a joint venture by Dr. M A Chidambaram and the Tamil Nadu Industrial Development Corporation Limited (TIDCO). The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 7,544 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 195 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 1,723 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 24 <BR>Dividend Yield: 1.78% <BR>Debt Equity: 0.53 <BR>Return on Equity: 12.99% <BR>Price to Book: 1.43<BR><BR>Contact Details: <BR>Address: SPIC House 88 Mount Road, Guindy Chennai Tamil Nadu : 600032 <BR>Tel: 91-44-22350245 <BR>Email: spiccorp@spic.co.in <BR>Website: http://www.spic.in

How has been the historical performance of SPIC?

SPIC's historical performance shows strong sales growth from 1,527.01 Cr in Mar'21 to 3,086.33 Cr in Mar'25, but profitability has fluctuated, with profit after tax peaking at 279.24 Cr in Mar'23 and declining to 123.21 Cr in Mar'25, alongside negative cash flow from operations in Mar'25. Total assets and liabilities increased over the same period, indicating rising costs impacting overall profitability.

Answer:<BR>The historical performance of SPIC shows significant fluctuations in various financial metrics over the years.<BR><BR>Breakdown:<BR>SPIC's net sales increased from 1,527.01 Cr in Mar'21 to 3,086.33 Cr in Mar'25, reflecting a strong growth trajectory. Total operating income followed a similar trend, rising from 1,527.01 Cr in Mar'21 to 3,086.33 Cr in Mar'25. However, total expenditure also rose significantly, from 1,456.58 Cr in Mar'21 to 2,804.92 Cr in Mar'25, impacting the operating profit, which peaked at 374.42 Cr in Mar'23 before declining to 295.33 Cr in Mar'25. Profit before tax showed a similar pattern, reaching 299.76 Cr in Mar'23 but dropping to 202.66 Cr in Mar'25. The profit after tax fluctuated, peaking at 279.24 Cr in Mar'23 and settling at 123.21 Cr in Mar'25. The company's total assets increased from 1,988.83 Cr in Mar'20 to 2,189.27 Cr in Mar'25, while total liabilities also rose from 1,988.83 Cr in Mar'20 to 2,189.27 Cr in Mar'25. Cash flow from operating activities was negative in Mar'25 at -37.00 Cr, contrasting with positive cash flows in previous years. Overall, SPIC's financial performance reflects both growth in sales and challenges in maintaining profitability amidst rising costs.

Is SPIC technically bullish or bearish?

As of December 3, 2025, the market trend is mildly bearish, supported by bearish signals from the weekly MACD and Bollinger Bands, despite some mixed indicators from daily moving averages and the KST.

As of 3 December 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the weekly MACD and Bollinger Bands both indicating bearish signals. The Dow Theory also supports this with a mildly bearish reading on both weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, the overall indicators suggest weakness in the current trend. The KST is bearish on a weekly basis but bullish monthly, adding mixed signals. The RSI shows no significant signals, indicating a lack of momentum. Overall, the bearish indicators outweigh the bullish ones, leading to a mildly bearish outlook.

Is SPIC overvalued or undervalued?

As of December 3, 2025, SPIC is considered very attractive and undervalued with a PE ratio of 9.04, significantly lower than peers like Coromandel International and Chambal Fertilizers, indicating potential for recovery despite recent underperformance against the Sensex.

As of 3 December 2025, the valuation grade for SPIC has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 9.04, an EV to EBITDA of 6.14, and a PEG ratio of 0.46, all of which suggest that SPIC is trading at a discount compared to its earnings growth potential.<BR><BR>In comparison to its peers, SPIC's valuation metrics stand out favorably; for instance, Coromandel International is classified as very expensive with a PE ratio of 32.06, while Chambal Fertilizers, which is rated fair, has a PE of 9.36. This peer comparison reinforces the notion that SPIC is undervalued in its sector. Additionally, while SPIC's stock has underperformed the Sensex over the past week and month, it has outperformed on a year-to-date basis, suggesting potential for recovery and growth.

Are Southern Petrochemical Industries Corporation Ltd. latest results good or bad?

Southern Petrochemical Industries Corporation Ltd. reported a strong year-on-year net profit increase of 74.07% and a 7.60% rise in net sales for the latest quarter, but faced an 8.23% decline in net profit and a drop in operating margins from the previous quarter, indicating potential short-term challenges. Investors should watch for improvements in upcoming quarters.

Southern Petrochemical Industries Corporation Ltd. (SPIC) has reported mixed results for the latest quarter ending September 2025. On one hand, the company achieved a consolidated net profit of ₹61.22 crores, which is a significant increase of 74.07% year-on-year, indicating strong annual growth. Additionally, net sales for the quarter reached ₹817.29 crores, reflecting a healthy year-on-year growth of 7.60% and a sequential increase of 4.70%.<BR><BR>However, there are concerns regarding the quarter-on-quarter performance. The consolidated net profit declined by 8.23% from the previous quarter, signaling potential challenges in maintaining profitability despite revenue growth. Operating margins also fell sharply, decreasing to 9.45% from 12.00% in the previous quarter, which raises questions about cost management and pricing power.<BR><BR>Overall, while the year-on-year growth figures are encouraging, the sequential decline in profit and margins suggests that SPIC is facing some headwinds that could impact its short-term performance. Investors should closely monitor upcoming quarters for signs of margin recovery and improved cash flow management.

Should I buy, sell or hold Southern Petrochemical Industries Corporation Ltd.?

Why is Southern Petrochemical Industries Corporation Ltd. falling/rising?

As of 17-Mar, the stock price of Southern Petrochemical Industries Corporation Ltd. is rising to Rs 60.44, indicating a potential shift in market sentiment after a decline. However, it has underperformed over the past year with a 28.09% decline year-to-date, and declining investor participation may hinder future performance despite strong fundamentals.

As of 17-Mar, the stock price of Southern Petrochemical Industries Corporation Ltd. is rising, currently at Rs 60.44, reflecting a change of 0.49 (0.82%) upward. This increase follows a trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. <BR><BR>Despite the recent rise, the stock has been underperforming in the longer term, with a year-to-date decline of 28.09% compared to a 10.74% drop in the Sensex. Over the past year, the stock has generated a return of -22.90%, which is significantly lower than the average performance of its peers. Additionally, the stock is currently trading close to its 52-week low, just 2.73% above Rs 58.79.<BR><BR>Investor participation has been falling, as evidenced by a 7.75% decrease in delivery volume compared to the 5-day average. Furthermore, institutional investors have reduced their stake by 1.14% in the previous quarter, which may indicate a lack of confidence in the stock's future performance.<BR><BR>On a positive note, the company has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 0.60 times and a healthy annual growth rate of 38.81% in operating profit. The stock also boasts a high dividend yield of 3.28% at the current price, and its recent positive quarterly results may attract some investor interest.<BR><BR>In summary, while the stock is currently rising, it faces significant challenges due to its underperformance over the past year and declining investor participation, which could impact its future price movements.

Why is Southern Petrochemical Industries Corporation Ltd. falling/rising?

As of 18-Mar, Southern Petrochemical Industries Corporation Ltd. has seen its stock price rise to Rs 62.55, up 3.05% today, driven by short-term gains despite a year-to-date decline of 25.58%. The company shows strong fundamentals, but longer-term challenges remain, including reduced institutional investor participation.

As of 18-Mar, Southern Petrochemical Industries Corporation Ltd. is experiencing a rise in its stock price, currently at Rs 62.55, reflecting an increase of Rs 1.85 or 3.05%. This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 2.23% today and has shown a consecutive gain over the last two days, with a total return of 4.34% during this period. Additionally, the stock reached an intraday high of Rs 63.94, marking a rise of 5.34%.<BR><BR>Despite the positive performance today, it is important to consider the broader context. The stock has faced challenges in the longer term, with a year-to-date decline of 25.58% and a one-year return of -20.27%. However, the company has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 0.60 times, indicating a strong ability to service debt, and a healthy annual growth rate of 38.81% in operating profit. Furthermore, the company has reported positive results for the last three consecutive quarters, with a significant increase in profit after tax.<BR><BR>While there are positive indicators supporting the stock's rise today, such as high dividend yield and attractive valuation compared to peers, the overall performance in the longer term has been underwhelming, with falling participation from institutional investors. This complex interplay of short-term gains against a backdrop of longer-term challenges is crucial in understanding the current stock price movement.

Why is Southern Petrochemical Industries Corporation Ltd. falling/rising?

As of 19-Mar, Southern Petrochemical Industries Corporation Ltd. is facing a stock price decline to Rs 61.30, down -2.37%. This is due to underperformance against benchmarks, reduced investor interest, and negative market sentiment, despite some positive factors like a high dividend yield.

As of 19-Mar, Southern Petrochemical Industries Corporation Ltd. is experiencing a decline in its stock price, currently at Rs 61.30, reflecting a change of -1.49 (-2.37%). This downward movement can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has underperformed in both the short and long term, with a year-to-date decline of -27.07% compared to a -12.92% drop in the benchmark index, Sensex. Over the past month, the stock has fallen by -12.77%, which is significantly worse than the -10.05% decline of the Sensex. Additionally, the stock has generated a return of -24.46% over the past year, while the broader market has only seen a -1.65% decrease.<BR><BR>Moreover, the stock is currently trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The stock also touched an intraday low of Rs 60.65, marking a decline of -3.41% during the trading session.<BR><BR>Investor participation has also waned, with a notable decrease in delivery volume by -26.3% compared to the 5-day average, suggesting reduced interest from investors. Furthermore, institutional investors have decreased their stake by -1.14% over the previous quarter, indicating a lack of confidence from these more informed market participants.<BR><BR>While there are positive aspects such as a high dividend yield of 3.2% and strong operating profit growth, these factors have not been sufficient to counteract the negative sentiment surrounding the stock. The overall performance of the fertilizers sector has also declined by -2.88%, contributing to the stock's struggles.<BR><BR>In summary, the combination of poor stock performance relative to benchmarks, declining investor participation, and negative market sentiment are key reasons for the falling stock price of Southern Petrochemical Industries Corporation Ltd.

Why is Southern Petrochemical Industries Corporation Ltd. falling/rising?

As of 20-Mar, the stock price of Southern Petrochemical Industries Corporation Ltd. is rising to Rs 61.64, driven by strong relative performance and increased retail investor interest. Despite a year-to-date decline, positive financial indicators and recent profit growth suggest a temporary boost in market sentiment.

As of 20-Mar, the stock price of Southern Petrochemical Industries Corporation Ltd. is rising, currently at Rs 61.64, reflecting a change of 0.71 (1.17%) upward. This increase can be attributed to several positive factors. Notably, the stock has outperformed its sector by 1.94% today, indicating strong relative performance. Additionally, there has been a rise in investor participation, with delivery volume increasing by 0.75% against the 5-day average, suggesting growing interest among retail investors.<BR><BR>The company also demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.60 times. Furthermore, it has shown healthy long-term growth, with operating profit growing at an annual rate of 38.81%. The company has declared positive results for the last three consecutive quarters, with a significant increase in profit after tax (PAT) of 56.50% over the latest six months.<BR><BR>Despite these positive indicators, the stock has faced challenges, including a decline of 26.66% year-to-date and a negative return of 24.23% over the past year. Additionally, institutional investor participation has decreased, with a reduction of 1.14% in their stake, which may impact overall market confidence. However, the current rise in stock price reflects a momentary positive sentiment driven by recent performance and investor interest.

Which are the latest news on SPIC?

Which are the latest news on SPIC?

Which are the latest news on SPIC?