Kemistar Corporation Limited

About

Kemistar Corporation Limited, together with its subsidiary, engages in the manufacture, import, export, and dealing of chemicals, dyes, pigments, pesticides, intermediates, and specialty chemicals in India. The company also offers optical brightening agents, food colors, and paper dyes; renewable sector, inorganic, and agro chemicals; and battery chemicals. In addition, it provides e-waste, battery, and solar panel recycling services, as well as contract manufacturing services. Its products are used in various applications, such as inks, paints, plastics, paper, detergents, textiles, pharmaceuticals, smoke and pyrotechnics, wood staining, and leather coating. The company exports its products to African countries, Turkey, the United States, Mexico, Columbia, and internationally. Kemistar Corporation Limited was incorporated in 1994 and is headquartered in Ahmedabad, India.

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	10.02	10.05	5.48	8.58	2.85	7.03	3.73	3.77	3.62	4.19	1.72	3.07	2.09
Expenses	9.18	9.54	5.23	8.39	2.59	6.75	4.19	3.38	3.29	3.57	1.49	2.79	1.88
Operating Profit	0.84	0.51	0.25	0.19	0.26	0.28	-0.46	0.39	0.33	0.62	0.23	0.28	0.21
OPM %	8.38	5.07	4.56	2.21	9.12	3.98	-12.33	10.34	9.12	14.80	13.37	9.12	10.05
Other Income	0.04	0.03	0.01	0.02	0.01	0.25	0.48	0.02	0.03	0.01	0.02	0.04	0.01
Depreciation	0.42	0.09	0.08	0.10	0.06	0.09	0.10	0.12	0.09	0.19	0.01	0.10	0.10
Interest	0.08	-0.16	0.16	0.10	0.09	0.04	-0.16	0.15	0.14	0.10	0.08	0.07	0.05
Profit before tax	0.38	0.61	0.02	0.01	0.12	0.40	0.08	0.14	0.13	0.34	0.16	0.15	0.07
Tax %	34.21	32.79	0.00	0.00	0.00	27.50	25.00	7.14	0.00	47.06	12.50	13.33	0.00
Net Profit	0.25	0.42	0.01	0.01	0.11	0.29	0.06	0.13	0.13	0.19	0.14	0.13	0.07
EPS in Rs	0.23	0.39	0.01	0.01	0.10	0.27	0.06	0.12	0.12	0.18	0.13	0.12	0.07

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Sales	26.96	18.14	11.07	18.17	20.92	14.03	14.14	10.07
Expenses	25.74	17.57	9.71	16.68	19.25	13.09	13.82	9.62
Operating Profit	1.22	0.57	1.36	1.49	1.67	0.94	0.32	0.45
OPM %	4.53	3.14	12.29	8.20	7.98	6.70	2.26	4.47
Other Income	0.06	0.77	0.08	0.17	0.05	0.07	0.34	0.19
Interest	0.19	0.20	0.32	0.06	0.15	0.12	-0.01	0.19
Depreciation	0.34	0.40	0.39	0.46	0.49	0.30	0.09	0.09
Profit before tax	0.75	0.74	0.73	1.14	1.08	0.59	0.58	0.36
Tax %	26.67	18.92	27.40	27.19	22.22	23.73	25.86	25.00
Net Profit	0.56	0.60	0.53	0.84	0.84	0.44	0.43	0.27
EPS in Rs	0.52	0.56	0.49	0.78	0.78	0.41	0.40	0.25
Dividend Payout %	0.00	53.80	101.51	51.24	51.24	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
Equity Capital	10.76	10.76	10.76	10.76	10.76	10.76	10.76	10.76
Reserves	8.15	7.68	7.20	6.77	6.03	5.15	4.71	4.28
Borrowings	9.32	8.09	6.92	2.78	3.12	2.30	2.17	2.05
Other Liabilities	9.56	2.43	3.80	3.82	5.01	5.51	4.47	3.23
Total Liabilities	37.79	28.96	28.68	24.13	24.92	23.72	22.11	20.32
Fixed Assets	13.90	14.21	14.18	14.46	14.85	15.21	14.23	11.95
CWIP	9.60	8.28	6.37	2.25	0.00	0.00	0.17	0.17
Investments	0.23	0.45	1.17	1.41	1.24	1.14	1.20	3.34
Other Assets	14.06	6.02	6.96	6.01	8.83	7.37	6.51	4.86
Total Assets	37.79	28.96	28.68	24.13	24.92	23.72	22.11	20.32

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	1.02	0.23	0.60	2.97	-0.04	1.00	0.19	-0.79
Cash from Investing Activity	-1.07	-1.23	-4.15	-2.50	-0.10	-1.16	-0.24	-10.99
Cash from Financing Activity	0.32	0.87	3.57	-0.46	0.18	0.18	0.09	11.65
Net Cash Flow	0.27	-0.13	0.02	0.01	0.05	0.01	0.05	-0.14
Free Cash Flow	-0.33	-2.10	-3.64	2.97	-0.16	-0.37	-2.19	-0.79
CFO/OP %	100.00	63.00	59.00	217.00	-2.00	106.00	91.00	-171.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Debtor Days	115.62	35.01	80.45	56.25	76.59	152.97	131.65	68.51
Inventory Days	55.60	59.29	145.11	50.06	51.15	15.68	9.58	83.95
Days Payable	138.68	41.23	146.59	88.68	95.14	161.49	122.76	125.26
Cash Conversion Cycle	32.54	53.07	78.98	17.63	32.60	7.16	18.46	27.20
Working Capital Days	18.01	23.94	32.97	13.66	39.95	26.80	32.52	36.97
ROCE %	3.43	3.35	4.34	5.52	6.24	3.57	3.28	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	74.88	74.88	74.88	74.88	74.88	74.88	74.80	74.80	74.80	74.98	74.98	74.98
Public	25.13	25.12	25.12	25.13	25.12	25.13	25.19	25.22	25.21	25.02	25.02	25.01
No. of Shareholders	1,820	1,792	1,831	1,839	1,832	1,851	1,776	1,563	1,356	1,260	1,172	1,146

Corporate Actions

5 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	23 Sep 2025	23 Sep 2025	—	0.30
Dividend	23 Sep 2024	—	—	0.50
Dividend	22 Sep 2023	—	—	0.40
Dividend	23 Sep 2022	—	—	0.40
Other	16 Sep 2015	—	—	—	Reduction of Capital