About
Epigral Limited manufactures and sells chlor-alkali and derivative products in India and internationally. The company offers chlorinated polyvinyl chloride (CPVC) resin, epichlorohydrin, chloromethanes value chain, hydrogen peroxide, caustic soda and potash, chlorine, hydrogen, chloromethanes, captive power plant (CPP), and chlorotoluene value chain, as well as operates wind-solar hybrid power plant. Its products are used in CPVC pipes and fittings, windmills, construction, paints and coatings, electronics, water treatment, agrochemicals, pharmaceuticals, refineries, soap and detergents, fluoropolymers, paper and pulp, textiles, alumina, polyurethane foam, lithium, and polytetrafluoroethylene (PTFE) pipes. The company was formerly known as Meghmani Finechem Limited and changed its name to Epigral Limited in August 2023. Epigral Limited was incorporated in 2007 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap5,262 Cr
P/E19.40
Div Yield0.41 %
Book Value₹515.00
52w High₹1,809.00
52w Low₹806.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 705.00 | 736.00 | 597.00 | 587.00 | 607.00 | 628.00 | 645.00 | 626.00 | 651.00 | 525.00 | 472.00 | 478.00 | 455.00 |
| Expenses | 526.00 | 568.00 | 494.00 | 455.00 | 443.00 | 454.00 | 463.00 | 448.00 | 475.00 | 369.00 | 349.00 | 370.00 | 360.00 |
| Operating Profit | 179.00 | 169.00 | 103.00 | 132.00 | 163.00 | 173.00 | 183.00 | 178.00 | 176.00 | 155.00 | 123.00 | 108.00 | 95.00 |
| OPM % | 25.00 | 23.00 | 17.00 | 23.00 | 27.00 | 28.00 | 28.00 | 28.00 | 27.00 | 30.00 | 26.00 | 23.00 | 21.00 |
| Other Income | 4.00 | -1.00 | 6.00 | 2.00 | 8.00 | 3.00 | 4.00 | 6.00 | 2.00 | 2.00 | 2.00 | 1.00 | 2.00 |
| Depreciation | 43.00 | 42.00 | 43.00 | 42.00 | 42.00 | 34.00 | 33.00 | 32.00 | 33.00 | 30.00 | 31.00 | 32.00 | 31.00 |
| Interest | 7.00 | 16.00 | 11.00 | 22.00 | 23.00 | 12.00 | 0.00 | 27.00 | 14.00 | 14.00 | 20.00 | 21.00 | 18.00 |
| Profit before tax | 133.00 | 111.00 | 55.00 | 70.00 | 107.00 | 131.00 | 154.00 | 124.00 | 131.00 | 113.00 | 74.00 | 56.00 | 48.00 |
| Tax % | 26.00 | 26.00 | 28.00 | 26.00 | -50.00 | 34.00 | 33.00 | 35.00 | 34.00 | 32.00 | 34.00 | 32.00 | 33.00 |
| Net Profit | 99.00 | 82.00 | 39.00 | 52.00 | 160.00 | 87.00 | 104.00 | 81.00 | 86.00 | 77.00 | 49.00 | 38.00 | 32.00 |
| EPS in Rs | 22.99 | 18.99 | 9.07 | 11.94 | 37.18 | 20.08 | 24.00 | 19.38 | 20.70 | 18.45 | 11.87 | 9.18 | 7.62 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,527.00 | 2,550.00 | 1,929.00 | 2,188.00 | 1,551.00 | 829.00 | 611.00 | 710.00 | 598.00 | 392.00 | 394.00 |
| Expenses | 1,960.00 | 1,839.00 | 1,448.00 | 1,499.00 | 1,041.00 | 567.00 | 416.00 | 405.00 | 346.00 | 248.00 | 245.00 |
| Operating Profit | 567.00 | 711.00 | 481.00 | 689.00 | 510.00 | 261.00 | 194.00 | 306.00 | 252.00 | 144.00 | 149.00 |
| OPM % | 22.00 | 28.00 | 25.00 | 31.00 | 33.00 | 32.00 | 32.00 | 43.00 | 42.00 | 37.00 | 38.00 |
| Other Income | 15.00 | 15.00 | 6.00 | 8.00 | 4.00 | 2.00 | 2.00 | 16.00 | 8.00 | 1.00 | 2.00 |
| Interest | 72.00 | 53.00 | 73.00 | 66.00 | 44.00 | 29.00 | 11.00 | 25.00 | 9.00 | 14.00 | 19.00 |
| Depreciation | 168.00 | 133.00 | 124.00 | 109.00 | 86.00 | 74.00 | 44.00 | 54.00 | 55.00 | 55.00 | 44.00 |
| Profit before tax | 342.00 | 540.00 | 291.00 | 523.00 | 383.00 | 161.00 | 141.00 | 242.00 | 195.00 | 75.00 | 88.00 |
| Tax % | 3.00 | 34.00 | 33.00 | 32.00 | 34.00 | 37.00 | 21.00 | 25.00 | 20.00 | 11.00 | 23.00 |
| Net Profit | 333.00 | 357.00 | 196.00 | 353.00 | 253.00 | 101.00 | 112.00 | 183.00 | 155.00 | 67.00 | 67.00 |
| EPS in Rs | 77.19 | 82.68 | 47.12 | 85.04 | 60.84 | 24.48 | 27.19 | 44.38 | 21.97 | 9.40 | 9.49 |
| Dividend Payout % | 6.00 | 7.00 | 11.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 43.00 | 43.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 41.00 | 71.00 | 71.00 | 71.00 |
| Reserves | 2,178.00 | 1,860.00 | 1,213.00 | 1,028.00 | 684.00 | 432.00 | 331.00 | 241.00 | 447.00 | 291.00 | 224.00 |
| Borrowings | 572.00 | 593.00 | 964.00 | 879.00 | 993.00 | 753.00 | 737.00 | 601.00 | 74.00 | 123.00 | 190.00 |
| Other Liabilities | 712.00 | 655.00 | 576.00 | 484.00 | 405.00 | 223.00 | 164.00 | 162.00 | 79.00 | 42.00 | 55.00 |
| Total Liabilities | 3,505.00 | 3,151.00 | 2,794.00 | 2,432.00 | 2,124.00 | 1,449.00 | 1,273.00 | 1,044.00 | 671.00 | 527.00 | 540.00 |
| Fixed Assets | 2,117.00 | 2,238.00 | 1,767.00 | 1,804.00 | 1,068.00 | 1,102.00 | 440.00 | 295.00 | 347.00 | 398.00 | 364.00 |
| CWIP | 451.00 | 64.00 | 483.00 | 158.00 | 589.00 | 126.00 | 691.00 | 468.00 | 79.00 | 3.00 | 69.00 |
| Investments | 23.00 | 97.00 | 21.00 | 21.00 | 0.00 | 0.00 | 0.00 | 0.00 | 71.00 | 29.00 | 0.00 |
| Other Assets | 915.00 | 752.00 | 524.00 | 449.00 | 467.00 | 221.00 | 142.00 | 281.00 | 173.00 | 98.00 | 106.00 |
| Total Assets | 3,505.00 | 3,151.00 | 2,794.00 | 2,432.00 | 2,124.00 | 1,449.00 | 1,273.00 | 1,044.00 | 671.00 | 527.00 | 540.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 436.00 | 441.00 | 398.00 | 626.00 | 284.00 | 229.00 | 165.00 |
| Cash from Investing Activity | -355.00 | -262.00 | -401.00 | -437.00 | -455.00 | -197.00 | -363.00 |
| Cash from Financing Activity | -94.00 | -164.00 | -8.00 | -200.00 | 195.00 | -32.00 | 69.00 |
| Net Cash Flow | -14.00 | 15.00 | -11.00 | -11.00 | 24.00 | 1.00 | -129.00 |
| Free Cash Flow | 50.00 | 254.00 | -1.00 | 210.00 | -172.00 | 32.00 | -205.00 |
| CFO/OP % | 90.00 | 78.00 | 93.00 | 106.00 | 68.00 | 99.00 | 99.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60.00 | 33.00 | 34.00 | 28.00 | 60.00 | 52.00 | 46.00 | 40.00 | 47.00 | 41.00 | 43.00 |
| Inventory Days | 89.00 | 105.00 | 90.00 | 69.00 | 74.00 | 51.00 | 64.00 | 58.00 | 45.00 | 59.00 | 75.00 |
| Days Payable | 66.00 | 50.00 | 63.00 | 36.00 | 42.00 | 69.00 | 62.00 | 52.00 | 51.00 | 37.00 | 31.00 |
| Cash Conversion Cycle | 83.00 | 88.00 | 61.00 | 61.00 | 92.00 | 34.00 | 48.00 | 46.00 | 42.00 | 63.00 | 86.00 |
| Working Capital Days | 16.00 | 26.00 | -54.00 | -41.00 | -26.00 | -92.00 | -76.00 | -27.00 | 19.00 | 40.00 | 43.00 |
| ROCE % | 15.00 | 25.00 | 17.00 | 32.00 | 29.00 | 16.00 | 15.00 | 36.00 | 37.00 | 18.00 | — |
Corporate Actions
9 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 01 Jun 2026 | 01 Jun 2026 | — | 5.00 | |
| Dividend | 20 Jun 2025 | 21 Jun 2025 | — | 3.50 | |
| Dividend | 07 Feb 2025 | 07 Feb 2025 | — | 2.50 | |
| Dividend | 02 Jul 2024 | 02 Jul 2024 | — | 5.00 | |
| Dividend | 20 Jun 2023 | 20 Jun 2023 | — | 2.50 | |
| Other | 20 Jun 2023 | — | — | — | Annual General Meeting |
| Dividend | 01 Feb 2023 | 01 Feb 2023 | — | 2.50 | |
| Other | 17 Jun 2022 | — | — | — | Annual General Meeting |
| Other | 15 Sep 2021 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update13 Jul from crisil
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Rating update2 Jun from crisil
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Rating update6 Mar 2025 from crisil
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Rating update16 Dec 2024 from crisil
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Rating update25 Jan 2024 from crisil
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Rating update24 Nov 2023 from crisil