Sreechem Resins

Who are the top shareholders of the Sreechem Resins?

The top shareholders of Sreechem Resins include promoter Satya Narayan Kabra with 10.6% and public shareholder Kasturi Fiscal Pvt. Ltd. with 11.49%. Individual investors hold a significant 50.53% of the shares, with no pledged promoter holdings or mutual funds/foreign institutional investors involved.

The top shareholders of Sreechem Resins include Satya Narayan Kabra, who is the promoter with the highest holding at 10.6%. The highest public shareholder is Kasturi Fiscal Pvt. Ltd., holding 11.49%. Additionally, individual investors collectively hold a significant portion, accounting for 50.53% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares.

What does Sreechem Resins do?

Sreechem Resins Ltd. is a manufacturer of commodity chemicals, primarily focusing on resin production. As of March 2025, it reported net sales of 9 Cr and a net profit of 1 Cr, with a market cap of Rs 18 Cr.

Overview:<BR>Sreechem Resins Ltd. is a leading manufacturer in the commodity chemicals industry, specializing in the production of various types of resins.<BR><BR>History:<BR>Incorporated on May 16, 1988, Sreechem Resins Ltd. has maintained its focus on resin production. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 18 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: N/A<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.15<BR>- Return on Equity: -2.03%<BR>- Price to Book: 1.26<BR><BR>Contact Details:<BR>Address: Vill Jhagarpur, P B No 13 Post Rajgangpur Sundargarh Orissa : 770017 <BR>Tel: 91-06624-211943/211944/211943 <BR>Email: sreechem@sreechem.in <BR>Website: http://www.sreechem.com

Who are in the management team of Sreechem Resins?

As of March 2022, the management team of Sreechem Resins includes Binod Sharma (Executive Director & Managing Director), Vikram Kabra and Vibhor Sharma (Executive Directors & Wholetime Directors), along with independent directors Sweta Maheshwari, Niwesh Sharma, and Vinay Joshi, and Komal Bhauwala as Company Secretary & Compliance Officer. They oversee the company's operations and governance.

As of March 2022, the management team of Sreechem Resins includes the following individuals:<BR><BR>1. Binod Sharma - Executive Director & Managing Director<BR>2. Vikram Kabra - Executive Director & Wholetime Director<BR>3. Vibhor Sharma - Executive Director & Wholetime Director<BR>4. Sweta Maheshwari - Independent Non-Executive Director<BR>5. Niwesh Sharma - Independent Non-Executive Director<BR>6. Vinay Joshi - Independent Non-Executive Director<BR>7. Komal Bhauwala - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and governance.

Has Sreechem Resins declared dividend?

No Dividend History Available

Who are the peers of the Sreechem Resins?

Sreechem Resins' peers include Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, Fischer Medical, and others. Management risk varies from excellent at GHCL to below average at Caprolactam Chem, with Sreechem Resins rated as good; India Glycols shows the highest 1-year return at 150.59%, while Sreechem Resins has the lowest at -36.69%.

Peers: The peers of Sreechem Resins are Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, Fischer Medical, Caprolactam Chem, Advance Petroch., Square Four Pro., Emmessar Biotech, and Link Pharma Chem.<BR><BR>Quality Snapshot: Excellent management risk is observed at GHCL and Chemplast Sanmar, while Good management risk is found at Sreechem Resins and Fischer Medical. Average management risk is present at Tata Chemicals, India Glycols, Advance Petroch., Emmessar Biotech, and Link Pharma Chem, while Below Average management risk is noted at Caprolactam Chem. Growth is rated as Below Average for Tata Chemicals, Chemplast Sanmar, GHCL, India Glycols, Sreechem Resins, Caprolactam Chem, Advance Petroch., Emmessar Biotech, and Link Pharma Chem, while Fischer Medical shows Average growth. Capital Structure is rated as Excellent for GHCL, Average for Sreechem Resins and Tata Chemicals, and Below Average for Chemplast Sanmar, India Glycols, Fischer Medical, Caprolactam Chem, Advance Petroch., Emmessar Biotech, and Link Pharma Chem.<BR><BR>Return Snapshot: India Glycols has the highest 1-year return at 150.59%, while Sreechem Resins has the lowest at -36.69%. This indicates that Sreechem Resins' return is significantly lower than that of India Glycols. Additionally, the six-month return is negative for Tata Chemicals, Chemplast Sanmar, Sreechem Resins, Caprolactam Chem, Advance Petroch., Square Four Pro., and Emmessar Biotech.

Is Sreechem Resins overvalued or undervalued?

As of June 2, 2025, Sreechem Resins is considered overvalued with a negative PE ratio of -17.64, high EV to EBITDA ratio of 19.79, and poor profitability metrics, leading to a year-to-date stock return of -25.07%, significantly underperforming compared to its peers and the Sensex.

As of 2 June 2025, Sreechem Resins has moved from an attractive to a risky valuation grade. The company appears to be overvalued given its negative PE ratio of -17.64 and an EV to EBITDA ratio of 19.79, which is significantly higher than its peers. Additionally, the ROCE and ROE are both negative at -2.31% and -2.03%, respectively, indicating poor profitability and efficiency.<BR><BR>In comparison to its peers, Sreechem Resins stands out unfavorably; for instance, Solar Industries India Ltd. has a PE ratio of 123.77, while Godrej Industries Ltd. shows a PE of 46.63. The disparity in valuation metrics suggests that Sreechem Resins is not only underperforming but also lacks the financial health seen in its competitors. The company's stock has underperformed relative to the Sensex, with a year-to-date return of -25.07% compared to the Sensex's 5.62%, reinforcing the notion that Sreechem Resins is currently overvalued.

What is the technical trend for Sreechem Resins?

As of May 26, 2025, Sreechem Resins shows a mildly bearish trend overall, with weekly indicators like the MACD and KST suggesting mild bullishness, while daily moving averages and Bollinger Bands remain bearish.

As of 26 May 2025, the technical trend for Sreechem Resins has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands are bearish on both weekly and monthly time frames, and the daily moving averages are also bearish. The KST shows a mildly bullish trend on the weekly but mildly bearish on the monthly. Dow Theory indicates a no trend on the weekly but mildly bullish on the monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and Bollinger Bands contributing to this outlook.

How big is Sreechem Resins?

As of 24th July, Sreechem Resins Ltd. has a market capitalization of 14.00 Cr and reported net sales of 35.50 Cr with a net loss of 0.29 Cr over the latest four quarters. The balance sheet for March 2024 shows shareholder's funds of 13.80 Cr and total assets of 20.10 Cr.

As of 24th July, Sreechem Resins Ltd. has a market capitalization of 14.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sreechem Resins reported net sales of 35.50 Cr. However, the company experienced a net loss of 0.29 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, showing shareholder's funds of 13.80 Cr and total assets of 20.10 Cr.

How has been the historical performance of Sreechem Resins?

Sreechem Resins has experienced significant financial declines, with net sales and operating income dropping from INR 76.53 crore in March 2023 to INR 35.50 crore in March 2025, resulting in negative profits and a loss of INR 0.30 crore in March 2025. Despite improved cash flow from operations, the company has struggled with sales and profitability over the years.

Answer:<BR>The historical performance of Sreechem Resins shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Sreechem Resins experienced a decline in net sales from INR 76.53 crore in March 2023 to INR 35.50 crore in March 2025. This downward trend is mirrored in total operating income, which also decreased from INR 76.53 crore in March 2023 to INR 35.50 crore in March 2025. The raw material cost followed a similar pattern, dropping from INR 58.54 crore in March 2023 to INR 26.23 crore in March 2025. Operating profit (PBDIT) saw a significant decline, falling from INR 4.16 crore in March 2024 to INR 0.33 crore in March 2025, leading to a negative profit before tax of INR 0.52 crore in March 2025, compared to a profit of INR 3.21 crore in March 2024. Consequently, profit after tax also turned negative, recording a loss of INR 0.30 crore in March 2025, down from a profit of INR 2.34 crore in March 2024. The company's total assets decreased from INR 20.10 crore in March 2024 to INR 17.27 crore in March 2025, while total liabilities also fell from INR 20.10 crore to INR 17.27 crore during the same period. Cash flow from operating activities improved to INR 3.00 crore in March 2025, compared to no cash flow in March 2024, although cash flow from investing and financing activities remained negative. Overall, Sreechem Resins has faced challenges in maintaining sales and profitability, leading to a notable decline in financial performance over the past few years.

When is the next results date for Sreechem Resins Ltd.?

The next results date for Sreechem Resins Ltd. is 05 February 2026.

The next results date for Sreechem Resins Ltd. is scheduled for 05 February 2026.

Are Sreechem Resins Ltd. latest results good or bad?

Sreechem Resins Ltd.'s latest results are concerning, showing a 29.69% year-on-year decline in net sales and continued operating losses, with a net loss of ₹0.55 crores. The company faces significant operational challenges and negative return metrics, indicating a difficult financial position.

Sreechem Resins Ltd.'s latest results indicate a challenging financial situation. In Q3 FY26, the company reported net sales of ₹6.75 crores, which represents a slight quarter-on-quarter increase of 3.21%. However, this is concerning as it reflects a significant year-on-year decline of 29.69% from ₹9.60 crores in Q3 FY25.<BR><BR>More troubling is the company's continued operating losses, with an operating profit before depreciation, interest, tax, and other income (PBDIT) of -₹0.41 crores, resulting in an operating margin of -6.07%. This marks the third consecutive quarter of net losses, with a reported net loss of ₹0.55 crores, deepening from previous losses.<BR><BR>The financial performance highlights persistent operational challenges, including a dramatic decline in revenue and negative return metrics, with a return on equity (ROE) of -3.43% and return on capital employed (ROCE) of -2.31%. The absence of institutional investors and a micro-cap classification further complicate the company's outlook.<BR><BR>Overall, the results suggest that Sreechem Resins is currently in a difficult position, facing significant operational inefficiencies and declining market performance.

Should I buy, sell or hold Sreechem Resins Ltd.?

Why is Sreechem Resins Ltd. falling/rising?

As of 01-Apr, Sreechem Resins Ltd. is facing a significant decline in its stock price, currently at Rs 29.70, with a year-to-date decrease of -22.35%. The company is struggling with operating losses, a -26.37% drop in net sales, and has underperformed compared to the broader market and its sector.

As of 01-Apr, Sreechem Resins Ltd. is experiencing a decline in its stock price, currently at Rs 29.70, which reflects a change of -0.03 (-0.1%). The stock has been underperforming significantly, with a notable drop of -8.62% over the past week and -17.04% over the past month. Year-to-date, the stock has decreased by -22.35%, indicating a consistent downward trend.<BR><BR>Today's performance highlights that the stock opened with a loss of -4.84% and has touched an intraday low of Rs 29.70. It has been losing for the last two days, contributing to its overall decline. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a weak technical position.<BR><BR>The company is also facing fundamental challenges, including operating losses and a significant drop in net sales, which have decreased by -26.37% over the latest six months. The negative EBITDA and a -71% fall in profits over the past year further underscore the company's weak long-term fundamental strength. <BR><BR>Moreover, the stock's performance has been below par compared to the broader market, as it has underperformed the BSE500 index over various time frames, including the last three years and one year. The chemicals sector itself has seen a decline of -2.26%, which may also be impacting Sreechem Resins Ltd.'s stock price.<BR><BR>In summary, the combination of poor financial performance, negative investor sentiment, and broader sector declines are contributing to the falling stock price of Sreechem Resins Ltd.

Which are the latest news on Sreechem Resins?