Multibase India

Which are the latest news on Multibase India?

Why is Multibase India Ltd falling/rising?

As of 05-Sep, Multibase India Ltd's stock price is at 180.00, reflecting a short-term increase despite a year-to-date decline of 15.81%. The rise may be temporary, as it is above its 5-day moving average but below longer-term averages, coupled with decreased investor participation.

As of 05-Sep, Multibase India Ltd's stock price is rising, currently at 180.00, with a change of 1.7 (0.95%) upward. This increase can be attributed to its performance today, where it outperformed the sector by 1.94%. Despite the stock's year-to-date decline of 15.81% and a significant drop of 26.78% over the past year, the recent uptick indicates a short-term positive movement. <BR><BR>However, it is important to note that the stock is currently higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting that while there is a momentary rise, it may not be indicative of a longer-term trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 45.01% against the 5-day average, which could impact future price movements. Overall, the current rise appears to be a temporary fluctuation amidst a broader trend of decline.

Who are in the management team of Multibase India?

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).

The management team of Multibase India includes the following key 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>If you have any more questions about the company or its operations, feel free to ask!

What does Multibase India do?

Multibase India Ltd is a micro-cap company in the specialty chemicals industry, with net sales of ₹21 Cr and a net profit of ₹3 Cr as of June 2026. It was incorporated in 1991 and has a market cap of ₹225 Cr.

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 as 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 quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 21 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 3 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 225 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 20.00<BR>- Industry P/E: 13<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.68<BR>- Return on Equity: 13.73%<BR>- Price to Book: 2.68<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

Who are the peers of the Multibase India?

Multibase India's peers include Dai-ichi Karkari, Diamines & Chem., Indian Toners, Chembond Materi., Cochin Minerals, Vikas Ecotech, Resonance Speci., Jaysynth Orgo, and Dhariwalcorp. Management risk varies from excellent to below average among peers, with Resonance Speci. showing the highest 1-year return at 62.49% and Vikas Ecotech the lowest at -46.15%.

Peers: The peers of Multibase India are Dai-ichi Karkari, Diamines & Chem., Indian Toners, Chembond Materi., Cochin Minerals, Vikas Ecotech, Resonance Speci., Jaysynth Orgo, and Dhariwalcorp.<BR><BR>Quality Snapshot: Excellent management risk is observed at Indian Toners and Cochin Minerals, while Average management risk is found at Dai-ichi Karkari, Diamines & Chem., Chembond Materi., Multibase India, Resonance Speci., Jaysynth Orgo, and Dhariwalcorp, and Below Average management risk is noted at Vikas Ecotech. Growth is rated as Excellent for Jaysynth Orgo, while Average growth is seen at Dai-ichi Karkari, Diamines & Chem., Chembond Materi., Cochin Minerals, Multibase India, and Resonance Speci., and Below Average growth is present at Indian Toners, Vikas Ecotech, and Dhariwalcorp. Capital Structure is Excellent for Diamines & Chem., Indian Toners, Chembond Materi., Cochin Minerals, Resonance Speci., and Jaysynth Orgo, while Good is noted for Dai-ichi Karkari, Average for Multibase India, and Below Average for Vikas Ecotech and Dhariwalcorp.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Resonance Speci. at 62.49%, while Vikas Ecotech has the lowest at -46.15%. Multibase India's own 1-year return is -24.24%, which is better than Vikas Ecotech but worse than Resonance Speci. Additionally, peers with a negative six-month return include Multibase India, Vikas Ecotech, and Dhariwalcorp.

How big is Multibase India?

As of 31st August, Multibase India Ltd has a market capitalization of 225.00 Cr and reported net sales of 388.07 Cr with a net loss of 86.43 Cr over the last three quarters. Shareholder's funds are 78.51 Cr, and total assets are valued at 88.58 Cr as of March 2025.

As of 31st August, Multibase India Ltd has a market capitalization of 225.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarterly performance, the sum of Net Sales for the last three quarters is 388.07 Cr. However, the company has reported a loss of 86.43 Cr in Net Profit over the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 78.51 Cr and Total Assets valued at 88.58 Cr.

Should I buy, sell or hold Multibase India Ltd?

When is the next results date for Multibase India Ltd?

The next results date for Multibase India Ltd is 11 August 2026.

The next results date for Multibase India Ltd is scheduled for 11 August 2026.

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.

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.

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.

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.

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.

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.