Sudarshan Chem

Why is Sudarshan Chemical Industries Ltd falling/rising?

As of 23-Jun, Sudarshan Chemical Industries Ltd's stock price is at 884.95, down 2.44%, reflecting a decline of 2.8% over the last two days and a significant drop of 12.85% over the past month. Despite high institutional holdings and recent positive results, the stock has underperformed the market, leading to a lack of investor confidence.

As of 23-Jun, Sudarshan Chemical Industries Ltd's stock price is falling, currently at 884.95, reflecting a change of -22.1 (-2.44%). The stock has underperformed the sector by -0.29% today and has been on a consecutive decline for the last two days, resulting in a total drop of -2.8% during this period. Additionally, the stock reached an intraday low of Rs 875.2, which is a decrease of -3.51%.<BR><BR>Over the past week, the stock has decreased by -2.36%, while its performance over the last month shows a significant decline of -12.85%. In contrast, the benchmark Sensex has shown a modest increase of +1.04% over the same period. Year-to-date, the stock has fallen -6.61%, and over the past year, it has experienced a substantial decline of -28.69%, significantly underperforming the market, which generated negative returns of -0.36%.<BR><BR>Despite some positive factors, such as high institutional holdings at 32.86% and the company declaring positive results after four consecutive negative quarters, the overall trend indicates a lack of investor confidence. The stock is trading at a discount compared to its peers, but the significant drop in profits by -12.7% over the past year and the company's underperformance relative to the market contribute to the ongoing decline in its stock price.

Which are the latest news on Sudarshan Chem?

What does Sudarshan Chem do?

Sudarshan Chemical Industries Ltd is a leading Indian manufacturer of organic and inorganic pigments and agrochemicals, with a market cap of INR 7,043 Cr and reported net sales of 2,790 Cr and net profit of 79 Cr for March 2026. The company has a P/E ratio of 112.00 and a dividend yield of 0.50%.

Overview:<BR>Sudarshan Chemical Industries Ltd is a leading player in the Dyes and Pigments industry, operating within the small-cap market segment, and specializes in the manufacture of a diverse range of Organic and Inorganic Pigments, Effect Pigments, and Agro Chemicals.<BR><BR>History:<BR>Sudarshan Chemical Industries Ltd was incorporated in an unspecified year and has established itself as the largest producer of pigments in India. The latest quarterly results reported are for March 2026, showcasing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2,790 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 79 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 7,043 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 112.00<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.50%<BR>- Debt-Equity: 0.31<BR>- Return on Equity: 1.74%<BR>- Price to Book: 2.04<BR><BR>Contact Details:<BR>- Address: 162 Wellesley Road, Pune Maharashtra: 411001<BR>- Tel: 91-20-26226200<BR>- Email: scil@giaspn01.vsnl.net.in<BR>- Website: http://www.sudarshan.com

How big is Sudarshan Chem?

As of 10th June, Sudarshan Chemical Industries Ltd has a market capitalization of 7,043.00 Cr, with net sales of 9,787.20 Cr and a net profit of 22.30 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Sudarshan Chemical Industries Ltd has a market capitalization of 7,043.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 9,787.20 Cr, while the sum of Net Profit for the same period is 22.30 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds stand at 3,440.05 Cr, and Total Assets amount to 9,671.74 Cr.

Who are in the management team of Sudarshan Chem?

The management team of Sudarshan Chemicals includes Chairman P R Rathi, Managing Director R B Rathi, and several independent directors, alongside a whole-time director and a company secretary, bringing diverse expertise to the company.

The management team of Sudarshan Chemicals includes the following members:<BR><BR>1. **P R Rathi** - Chairman (Non-Executive)<BR>2. **R B Rathi** - Managing Director<BR>3. **Ashish Vij** - Whole-time Director<BR>4. **D N Damania** - Independent Director<BR>5. **S Padmanabhan** - Independent Director<BR>6. **S K Asher** - Independent Director<BR>7. **Rati Farhad Forbes** - Independent Director<BR>8. **Naresh T Raisinghani** - Independent Director<BR>9. **Shubhalakshmi Panse** - Independent Director<BR>10. **Deepak Parikh** - Independent Director<BR>11. **Mandar Velankar** - Company Secretary & Compliance Officer<BR>12. **Anuj Narayandas Rathi** - Non-Executive & Non-Independent Director<BR><BR>This diverse board brings a wealth of experience and expertise to the company.

Who are the peers of the Sudarshan Chem?

Peers of Sudarshan Chem include Kiri Industries, Sh.Pushkar Chem., Ultramarine Pig., Bhageria Indust., Bodal Chemicals, Sudarshan Colora, Asahi Songwon, Poddar Pigments, and AksharChem (I). Sudarshan Chem has average management risk and growth, with a 1-year return of -30.74%, significantly lower than Bhageria Indust.'s 8.62%.

Peers: The peers of Sudarshan Chem are Kiri Industries, Sh.Pushkar Chem., Ultramarine Pig., Bhageria Indust., Bodal Chemicals, Sudarshan Colora, Asahi Songwon, Poddar Pigments, and AksharChem (I).<BR><BR>Quality Snapshot: Below Average management risk is observed at Kiri Industries and Bodal Chemicals, while Average management risk is found at Sudarshan Chem, Sh.Pushkar Chem., Ultramarine Pig., Bhageria Indust., Sudarshan Colora, Asahi Songwon, Poddar Pigments, and AksharChem (I). Below Average growth is noted at Kiri Industries, Bodal Chemicals, and AksharChem (I), while Average growth is seen at Sudarshan Chem, Sh.Pushkar Chem., Ultramarine Pig., and the rest. Excellent capital structure is present at Sh.Pushkar Chem., Ultramarine Pig., Bhageria Indust., Sudarshan Colora, and Poddar Pigments, while Average capital structure is noted at Sudarshan Chem and the rest.<BR><BR>Return Snapshot: Bhageria Indust. has the highest 1-year return at 8.62%, while Sudarshan Chem has the lowest at -30.74%. Sudarshan Chem's 1-year return is significantly lower than Bhageria Indust.'s. Additionally, Kiri Industries, Ultramarine Pig., Sudarshan Colora, Asahi Songwon, AksharChem (I), and Ducol Organics all have negative six-month returns.

Should I buy, sell or hold Sudarshan Chemical Industries Ltd?

Are Sudarshan Chemical Industries Ltd latest results good or bad?

Sudarshan Chemical Industries Ltd's latest results show strong revenue growth of 106.75% year-on-year, reaching ₹2,789.90 crores, but operating margins have contracted to 8.15% and a high tax rate has impacted net profit, raising concerns about sustainability. Investors should watch how the company addresses these challenges.

Sudarshan Chemical Industries Ltd's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth, with net sales reaching ₹2,789.90 crores, marking a remarkable 106.75% increase year-on-year. This surge in revenue reflects the successful integration of BASF's pigments business, which has significantly expanded the company's scale and global footprint.<BR><BR>On the other hand, the operating margin has contracted to 8.15% from 9.41% a year ago, indicating challenges in managing costs and integration issues. Additionally, while the company reported a net profit of ₹78.70 crores, this was achieved despite facing an extraordinarily high tax rate of 50.81%, which has significantly impacted profitability.<BR><BR>Overall, while the revenue growth is a positive sign, the compression in margins and high tax burden raise concerns about the sustainability of this performance. Investors may need to monitor how effectively the company can navigate these challenges moving forward.

When is the next results date for Sudarshan Chemical Industries Ltd?

The next results date for Sudarshan Chemical Industries Ltd is 25 May 2026.

The next results date for Sudarshan Chemical Industries Ltd is scheduled for 25 May 2026.

Is Sudarshan Chem technically bullish or bearish?

As of December 2, 2025, Sudarshan Chem's trend has shifted to mildly bearish, with key indicators like the MACD, RSI, and Bollinger Bands showing bearish signals on both weekly and monthly charts, despite mildly bullish daily moving averages.

As of 2 December 2025, the technical trend for Sudarshan Chem has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly chart and mildly bearish on the monthly chart. The RSI is bearish on the weekly timeframe, indicating weakness, while the Bollinger Bands are bearish across both weekly and monthly periods. Additionally, the KST and OBV are both bearish on the weekly chart and mildly bearish on the monthly chart. The only positive note comes from the daily moving averages, which are mildly bullish, but this is overshadowed by the overall bearish signals in the longer time frames.

How has been the historical performance of Sudarshan Chem?

Sudarshan Chem has experienced significant growth in net sales, rising from 1,593.05 Cr in Mar'19 to 3,345.58 Cr in Mar'25, but profitability has faced challenges due to soaring raw material costs, with profit after tax dropping from 357.45 Cr in Mar'24 to 57.30 Cr in Mar'25. Total assets increased substantially to 9,671.74 Cr in Mar'25, reflecting strong asset growth despite declining profit margins.

Answer:<BR>The historical performance of Sudarshan Chem shows significant growth in net sales and profits over the years, with a notable increase in recent years.<BR><BR>Breakdown:<BR>Sudarshan Chem's net sales have consistently risen from 1,593.05 Cr in Mar'19 to 3,345.58 Cr in Mar'25, reflecting a strong upward trend. The total operating income followed a similar trajectory, reaching 3,345.58 Cr in Mar'25, up from 2,538.78 Cr in Mar'24. However, the raw material costs surged dramatically to 3,317.74 Cr in Mar'25 from 1,380.49 Cr in Mar'24, impacting the operating profit, which stood at 381.03 Cr in Mar'25 compared to 316.42 Cr in Mar'24. Profit before tax saw a decline to 96.30 Cr in Mar'25 from 470.53 Cr in Mar'24, while profit after tax dropped to 57.30 Cr from 357.45 Cr in the previous year. The company's total assets increased significantly to 9,671.74 Cr in Mar'25 from 2,345.82 Cr in Mar'24, driven by a rise in current assets and long-term borrowings, which surged to 1,631.89 Cr in Mar'25 from 193.31 Cr in Mar'24. Cash flow from operating activities decreased to 37.00 Cr in Mar'25 from 193.00 Cr in Mar'24, while cash flow from financing activities showed a substantial increase to 2,595.00 Cr in Mar'25 from -445.00 Cr in Mar'24, resulting in a net cash inflow of 1,057.00 Cr in Mar'25, up from 26.00 Cr in Mar'24. Overall, while Sudarshan Chem has shown impressive growth in sales and assets, the profitability metrics indicate challenges in maintaining profit margins amidst rising costs.

Is Sudarshan Chem overvalued or undervalued?

As of February 15, 2024, Sudarshan Chemical is considered overvalued with a valuation grade of expensive, reflected in its high PE ratio of 71.32, Price to Book Value of 7.59, and EV to EBITDA of 25.68, especially compared to lower metrics of its industry peers.

As of 15 February 2024, the valuation grade for Sudarshan Chemical has moved from fair to expensive, indicating that the company is currently overvalued. The key ratios reflect this assessment, with a PE ratio of 71.32, a Price to Book Value of 7.59, and an EV to EBITDA of 25.68. These figures suggest that the stock is trading at a significant premium compared to its earnings and book value.<BR><BR>In comparison to its peers in the Dyes and Pigments industry, Sudarshan Chem's valuation appears high, particularly when considering its PEG ratio of 2.40. Notably, competitors in the same sector exhibit lower valuation metrics, reinforcing the notion that Sudarshan Chem is overvalued. Additionally, while the company's stock has outperformed the Sensex with a one-year return of 60.23% compared to the Sensex's 7.60%, this strong performance does not justify the elevated valuation levels.

Who are the top shareholders of the Sudarshan Chem?

The top shareholders of Sudarshan Chemical include individual investors (33.55%), mutual funds (21.57%), and foreign institutional investors (7.95%). Promoter Anuj Narayandas Rathi holds 6.93%, while HDFC Small Cap Fund is the largest public shareholder with 7.3%, and there are no pledged promoter holdings.

The top shareholders of Sudarshan Chemical include a mix of institutional and individual investors. The largest portion of shares is held by individual investors, accounting for 33.55%. Among institutional investors, mutual funds hold 21.57% through 13 different schemes, while foreign institutional investors (FIIs) have a stake of 7.95% across 100 entities. <BR><BR>Promoter Anuj Narayandas Rathi is the individual with the highest holding among promoters, owning 6.93% of the company. Additionally, HDFC Small Cap Fund is the highest public shareholder, holding 7.3%. Notably, there are no pledged promoter holdings reported.

What is the bonus history of the Sudarshan Chem?

Sudarshan Chemical Industries Ltd has a bonus history that includes a 1:1 bonus issue announced on September 30, 2014, with a record date of October 1, 2014, allowing shareholders to receive one additional share for each share held.

Sudarshan Chemical Industries Ltd has a bonus history that includes a 1:1 bonus issue. This was announced with an ex-date of September 30, 2014, and the record date was October 1, 2014. This means that shareholders received one additional share for every share they held as of the record date.

Has Sudarshan Chem declared dividend?

Yes, Sudarshan Chemical Industries Ltd has declared a 50% dividend, amounting to ₹1 per share, with an ex-date of July 26, 2024. The dividend yield is 0.07%, and the company has shown strong price appreciation over various periods.

Sudarshan Chemical Industries Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 1 per share<BR>- Ex-date: Jul-26-2024<BR><BR>Dividend Yield: 0.07%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 4.94%, with no dividend return, resulting in a total return of 4.94%.<BR><BR>Over the past year, the price return was 50.23%, with a dividend return of 0.12%, leading to a total return of 50.35%.<BR><BR>In the 2-year period, the price return was 136.57%, with a dividend return of 0.91%, culminating in a total return of 137.48%.<BR><BR>For the 3-year period, the price return was 156.84%, with a dividend return of 2.24%, resulting in a total return of 159.08%.<BR><BR>In the last 4 years, the price return was 68.47%, with a dividend return of 2.28%, leading to a total return of 70.75%.<BR><BR>Over the 5-year period, the price return was 199.97%, with a dividend return of 4.00%, resulting in a total return of 203.97%.<BR><BR>Overall, Sudarshan Chemical Industries Ltd has declared a dividend, and while the dividend yield is relatively low, the total returns over various periods indicate strong price appreciation, particularly over the longer term.