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 02-Apr, Southern Petrochemical Industries Corporation Ltd. is seeing a stock price increase to 61.65, up 1.36%, driven by strong financial health and positive quarterly results. Despite a negative annual return of -25.72%, the company shows promising metrics, though declining institutional investor participation raises concerns for future performance.

As of 02-Apr, Southern Petrochemical Industries Corporation Ltd. is experiencing a rise in its stock price, currently at 61.65, which reflects an increase of 0.83 or 1.36%. This upward movement can be attributed to several factors. The stock has outperformed its sector by 1.82% today and has shown consecutive gains over the last two days, accumulating a total return of 11.22% during this period. Additionally, the company has demonstrated strong financial health, evidenced by a low Debt to EBITDA ratio of 1.57 times and a robust operating profit growth rate of 38.81% annually.<BR><BR>Moreover, the company has reported positive results for the last three consecutive quarters, with significant metrics such as a Debtors Turnover Ratio at its highest of 335.36 times and an Operating Profit to Interest ratio also at a peak of 18.12 times. Despite the stock's negative performance over the past year, with a return of -25.72%, its profits have increased by 25.5%, indicating a favorable PEG ratio of 0.2 and suggesting that the stock is trading at a discount compared to its peers.<BR><BR>However, it is important to note that there are concerns regarding falling investor participation, particularly from institutional investors, who have reduced their stake by 1.14% in the previous quarter. This decline in institutional interest could pose a risk to the stock's future performance. Nonetheless, the current rise in stock price is primarily driven by recent gains, strong financial indicators, and positive quarterly results.

Which are the latest news on SPIC?