Sreechem Resins

Why is Sreechem Resins Ltd. falling/rising?

As of 14-Jun, Sreechem Resins Ltd. is facing a significant decline in its stock price, currently at Rs 34.05, down 4.89%, and underperforming against the Sensex. Weak long-term fundamentals, negative operating profits, and a bearish trend indicated by trading below moving averages contribute to the stock's downward trajectory.

As of 14-Jun, Sreechem Resins Ltd. is experiencing a decline in its stock price, currently at Rs 34.05, which reflects a change of -1.75 (-4.89%). This drop is part of a broader trend, as the stock has underperformed significantly compared to the benchmark Sensex, showing a 1-week decline of -4.89% while the Sensex gained +1.73%. Over the past month, the stock has decreased by -6.07%, again contrasting with the Sensex's modest gain of +1.30%.<BR><BR>Today's trading performance indicates that the stock opened with a loss of -4.89% and has not fluctuated beyond this price point, suggesting a lack of investor confidence. Furthermore, Sreechem Resins is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend.<BR><BR>Despite some positive financial results reported on March 26, such as the highest PBDIT and operating profit margins, the company's long-term fundamentals appear weak. The company has recorded a negative EBIT of Rs -0.38 crore and a concerning -167.51% CAGR growth in operating profits over the last five years. This weak financial position, combined with a poor EBIT to interest ratio of 1.84, raises concerns about the company's ability to service its debt, further contributing to the stock's decline.<BR><BR>Additionally, while there has been a notable increase in delivery volume, rising by 400% against the 5-day average, this does not seem to have translated into positive price movement. Overall, the combination of poor long-term fundamentals, negative operating profits, and underperformance relative to the market is driving the stock price of Sreechem Resins Ltd. lower.

Which are the latest news on Sreechem Resins?

What does Sreechem Resins do?

Sreechem Resins Ltd. is a manufacturer of commodity chemicals, primarily focusing on resin production. As of March 2026, it reported net sales of 8 Cr and a net profit of 1 Cr, with a market cap of INR 14 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>Sreechem Resins Limited was incorporated on May 16, 1988. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 8 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap: INR 14 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: -1.40% <BR>Price to Book: 1.00<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

How big is Sreechem Resins?

As of 10th June, Sreechem Resins Ltd. has a market capitalization of 14.00 Cr and reported net sales of 29.75 Cr with a net loss of 0.20 Cr over the latest four quarters. Shareholder's funds are 14.29 Cr, and total assets amount to 17.27 Cr as of March 2025.

As of 10th June, 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 29.75 Cr. However, the net profit for the same period showed a loss of 0.20 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025. Shareholder's funds are reported at 14.29 Cr, while total assets amount to 17.27 Cr.

Who are in the management team of Sreechem Resins?

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.

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>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Sreechem Resins?

Sreechem Resins' peers include Tulasee Bio-Eth., Square Four Pro., Jayshree Chem., and others. Sreechem has below-average growth and management risk, with a 1-year return of -10.50%, while Kobo Biotech leads with a 134.11% return.

Peers: The peers of Sreechem Resins are Tulasee Bio-Eth., Square Four Pro., Jayshree Chem., Vivid Global, Omkar Pharmachem, Kobo Biotech, Emmessar Biotech, Kuwer Industries, Link Pharma Chem, and Lime Chemicals.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sreechem Resins, while Average management risk is found at Emmessar Biotech. Below Average management risk is noted for Jayshree Chem., Vivid Global, Kuwer Industries, and Link Pharma Chem, and the rest do not qualify. Growth is Average at Jayshree Chem., while Below Average growth is seen at Sreechem Resins, Emmessar Biotech, Vivid Global, Kuwer Industries, and the rest do not qualify. Capital Structure is Good at Vivid Global, while Below Average is noted for Sreechem Resins, Emmessar Biotech, Jayshree Chem., Kuwer Industries, Link Pharma Chem, and the rest do not qualify.<BR><BR>Return Snapshot: Kobo Biotech has the highest 1-year return at 134.11%, while Omkar Pharmachem has the lowest at -28.97%. Sreechem Resins' 1-year return is -10.50%, which is higher than Omkar Pharmachem's but lower than Kobo Biotech's. Additionally, Omkar Pharmachem, Emmessar Biotech, and Link Pharma Chem have negative six-month returns.

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

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

The next results date for Sreechem Resins Ltd. is 29 May 2026.

The next results date for Sreechem Resins Ltd. is scheduled for 29 May 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.

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.

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.

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.

Has Sreechem Resins declared dividend?

No Dividend History Available