Sudarshan Chemical Industries Q1 FY27 Share Price & Earnings Call Analysis

₹1,081.00+1.56% today
Market cap
₹8,607 Cr
P/E
84.74
ROE
0.54%
PEG
-3.32
Price to sales
0.86
Debt to equity
0.72
52W high / low
₹1,271 / ₹748
Sales growth (5Y)
39.33%
EBITDA margin
6.61%
Net profit margin
0.35%
Promoter holding
9.32%
Sales (last year)
₹9,922 Cr

Sudarshan Chemical Industries manufactures and sells a wide range of Organic and Inorganic Pigments, Effect Pigments. The Group also manufactures Pollution Control Equipment, Size Reduction Equipment and Grinding Equipments for industrial applications.(Source : 202003 Annual Report Page No:203)

Guidance scorecard · Q1 FY27 call

What Sudarshan Chem.'s management guided
and where it ranks in Chemicals & Petrochemicals

#51of 71 in
Chemicals & Petrochemicals

RevenueQ1 FY27 call

10–20%
  • Post Heubach acquisition, Sudarshan aims for measured revenue growth, focusing on capturing lost sales rather than aggressive expansion.
  • Current market share limits growth beyond overall market size, but there is substantial opportunity in regaining lost business.
  • Target to exceed Rs.12,000 Crores in topline, combining legacy and acquired businesses.
  • Legacy Sudarshan business expected to grow at 12-13%.
  • Focus on profitable growth, maintaining/growing gross margins with premium products.
  • Revenue CAGR of 5-7% over next 2-3 years anticipated, comprising both volume and value growth.
  • Confidence to grow at 2 to 2.5 times the industry growth rate due to lost business recovery and value capture initiatives.

2 more points from Sudarshan Chem.'s call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Sudarshan Chem. said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • No substantial new capex is expected in the near term as current capacities are sufficient for projected growth.
  • Moderate capex may be undertaken for special initiatives such as backward integration or product development projects, based strictly on ROI.
  • The company is progressing with Project Integra (One SAP) to integrate and harmonize reporting systems, expected to go live within the financial year.

2 more points from Sudarshan Chem.'s call on capex

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Full Q1 FY27 analysis

FundraisingQ1 FY27 call

See what Sudarshan Chem. said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Sudarshan Chem. said on the order book →

Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance

  1. 2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Chemicals & Petrochemicals companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹263 Cr3.4
240%+Flat₹4,375 Cr83.7
340%+Flat₹3,259 Cr4.0
440%+Flat₹145 Cr15.9
520–40%Up 2%+₹1.81L Cr90.9
620–40%Up 2%+₹48,366 Cr78.3

Sudarshan Chem. announcements

All announcements →

Financials of Sudarshan Chem.

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Sudarshan Chem.

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +6916086015667646346966661,3492,5072,3872,1032,790
Expenses +6065385355046455536025871,2222,3142,2552,0652,562
Operating Profit8570666211981947912719213238227
OPM %12%11%11%11%16%13%14%12%9%8%6%2%8%
Other Income +23196434-6-26-383338-2432
Interest1510109879112144443641
Depreciation313535353636373757999710150
Profit before tax4134426227841435118230-123168
Tax %20%22%32%34%26%28%30%89%97%33%35%-6%51%
Net Profit +332671815582930105519-11682
EPS in Rs4.7038.562.582.118.384.254.320.07-0.526.011.49-14.6710.01

Financials of Sudarshan Chem.

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1,2051,4011,2821,3291,5931,7081,8642,2012,3022,5393,3469,787
Expenses +1,0751,2321,0931,1391,3861,4601,5741,9232,0882,2202,9629,197
Operating Profit131170189191207248290278213318383590
OPM %11%12%15%14%13%15%16%13%9%13%11%6%
Other Income +231425158122755332-6779
Interest4137302519162023443951165
Depreciation4248495866748789114141166347
Profit before tax72991361232031801901716047199157
Tax %24%29%25%31%33%20%26%24%25%24%39%74%
Net Profit +547010185135145141130453576041
EPS in Rs7.8610.1014.6412.2419.5220.8820.3818.776.4751.637.102.84
Dividend Payout %22%30%24%29%31%30%29%27%23%9%63%176%

Financials of Sudarshan Chem.

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital141414141414141414141616
Reserves2493003674265545877308198141,1353,4243,434
Borrowings +4334304334313675016188238294672,3782,473
Other Liabilities +3173463794334245226387057257303,8543,800
Total Liabilities1,0121,0901,1931,3041,3581,6242,0002,3612,3832,3469,6729,723
Fixed Assets +3333584524754656276158321,1261,1022,9583,012
CWIP8158624482782854415140120
Investments0000011222548566
Other Assets +6717167338228699481,1051,2431,2101,2276,0266,025
Total Assets1,0121,0901,1931,3041,3581,6242,0002,3612,3832,3469,6729,723

Financials of Sudarshan Chem.

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +1121641631487126316518028719337344
Cash from Investing Activity +-61-83-135-87-27-220-266-308-189279-1,548165
Cash from Financing Activity +-43-81-38-62-48-39108138-103-4462,596-680
Net Cash Flow8-0-10-2-3389-5271,085-171
Free Cash Flow56792961-319-103-13096460-5676
CFO/OP97%109%103%92%50%131%70%78%140%87%31%93%

Financials of Sudarshan Chem.

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days9692989279789583778413463
Inventory Days125113134131119154142163132113507179
Days Payable949613912694139152150136132288113
Cash Conversion Cycle12710993961059285967365353129
Working Capital Days2640144351242918234015474
ROCE %16%19%22%18%17%18%17%13%6%11%6%6%

Guidance history

How Sudarshan Chem.'s guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlanned——
Q1 FY27 call →10–20%FlatPlanned——
Q4 FY26 call →0–10%FlatNone planned——
Q3 FY26 call →0–10%Up 0–2%Planned——

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

32out of 100

Momentum score · price trend

32 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−8.4%51%
Last 6 months+18.2%73%
Last 3 months+7.2%75%

The price is 29.1% below its all-time high of ₹1,523.8 (23 Sept 2025). Stocks more than 20% below their peak have their score halved, so 65 became 32.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Sudarshan Chem.: 0.4 × 51 + 0.4 × 73 + 0.2 × 75 = 65, halved to 32 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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