About
Paushak Limited manufactures and sells specialty chemicals and intermediates in India and internationally. It offers chloroformates, isocyanates, chlorides, carbonate/carbamate, and custom synthesis and CDMO solutions. The company servers its products to pharmaceuticals, agrochemicals, and performance chemicals, and custom synthesis industries. Paushak Limited was founded in 1968 and is based in Vadodara, India.
Key Metrics
as of Sep 2026Market Cap1,937 Cr
P/E45.70
Div Yield0.32 %
Book Valueโน199.00
52w Highโน991.00
52w Lowโน342.00
Face Valueโน5.00
Quarterly Results
Rs. Crores ยท 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 | 84.00 | 55.00 | 49.00 | 59.00 | 56.00 | 52.00 | 49.00 | 57.00 | 52.00 | 54.00 | 52.00 | 52.00 | 49.00 |
| Expenses | 58.00 | 38.00 | 37.00 | 44.00 | 38.00 | 36.00 | 35.00 | 40.00 | 40.00 | 35.00 | 33.00 | 38.00 | 36.00 |
| Operating Profit | 26.00 | 17.00 | 11.00 | 15.00 | 18.00 | 16.00 | 15.00 | 17.00 | 12.00 | 19.00 | 19.00 | 14.00 | 12.00 |
| OPM % | 31.00 | 30.00 | 23.00 | 25.00 | 32.00 | 30.00 | 30.00 | 30.00 | 23.00 | 35.00 | 36.00 | 28.00 | 25.00 |
| Other Income | 3.00 | 8.00 | 1.00 | 1.00 | 2.00 | 0.00 | 6.00 | 4.00 | 4.00 | 7.00 | 3.00 | 7.00 | 4.00 |
| Depreciation | 8.00 | 8.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 |
| Interest | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 19.00 | 16.00 | 7.00 | 11.00 | 16.00 | 12.00 | 17.00 | 17.00 | 12.00 | 23.00 | 18.00 | 18.00 | 12.00 |
| Tax % | 21.00 | 22.00 | 17.00 | 24.00 | 23.00 | 21.00 | 11.00 | 16.00 | 17.00 | 19.00 | 26.00 | 25.00 | 26.00 |
| Net Profit | 15.00 | 13.00 | 6.00 | 9.00 | 12.00 | 10.00 | 15.00 | 14.00 | 10.00 | 18.00 | 14.00 | 13.00 | 9.00 |
| EPS in Rs | 6.12 | 5.07 | 2.50 | 3.50 | 4.89 | 3.90 | 6.20 | 5.77 | 4.19 | 7.42 | 5.54 | 5.42 | 3.72 |
Profit & Loss
Annual ยท 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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 219.00 | 211.00 | 206.00 | 212.00 | 150.00 | 141.00 | 138.00 | 140.00 | 105.00 | 72.00 | 78.00 | 69.00 |
| Expenses | 158.00 | 151.00 | 142.00 | 137.00 | 96.00 | 91.00 | 95.00 | 99.00 | 75.00 | 60.00 | 61.00 | 52.00 |
| Operating Profit | 61.00 | 60.00 | 65.00 | 75.00 | 54.00 | 50.00 | 43.00 | 40.00 | 29.00 | 12.00 | 17.00 | 17.00 |
| OPM % | 28.00 | 28.00 | 31.00 | 35.00 | 36.00 | 36.00 | 31.00 | 29.00 | 28.00 | 17.00 | 22.00 | 25.00 |
| Other Income | 12.00 | 14.00 | 20.00 | 11.00 | 5.00 | 6.00 | 7.00 | 13.00 | 3.00 | 5.00 | 3.00 | 3.00 |
| Interest | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 21.00 | 15.00 | 14.00 | 13.00 | 9.00 | 5.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 2.00 |
| Profit before tax | 50.00 | 59.00 | 71.00 | 72.00 | 50.00 | 52.00 | 45.00 | 49.00 | 29.00 | 14.00 | 17.00 | 18.00 |
| Tax % | 22.00 | 16.00 | 23.00 | 25.00 | 25.00 | 28.00 | 23.00 | 20.00 | 26.00 | 22.00 | 25.00 | 28.00 |
| Net Profit | 39.00 | 49.00 | 54.00 | 54.00 | 38.00 | 37.00 | 35.00 | 39.00 | 21.00 | 11.00 | 12.00 | 13.00 |
| EPS in Rs | 15.95 | 20.07 | 22.09 | 21.96 | 15.29 | 15.16 | 14.19 | 15.84 | 8.39 | 4.27 | 4.85 | 5.07 |
| Dividend Payout % | 16.00 | 12.00 | 11.00 | 10.00 | 10.00 | 5.00 | 5.00 | 4.00 | 4.00 | 9.00 | 8.00 | 7.00 |
Balance Sheet
Annual ยท Rs. Crores โ 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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Reserves | 479.00 | 462.00 | 405.00 | 351.00 | 302.00 | 269.00 | 224.00 | 174.00 | 110.00 | 80.00 | 65.00 | 54.00 |
| Borrowings | 77.00 | 25.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 |
| Other Liabilities | 92.00 | 81.00 | 73.00 | 61.00 | 61.00 | 57.00 | 43.00 | 36.00 | 31.00 | 11.00 | 13.00 | 11.00 |
| Total Liabilities | 660.00 | 572.00 | 481.00 | 415.00 | 367.00 | 329.00 | 270.00 | 214.00 | 144.00 | 94.00 | 82.00 | 69.00 |
| Fixed Assets | 377.00 | 141.00 | 152.00 | 149.00 | 147.00 | 51.00 | 41.00 | 38.00 | 37.00 | 35.00 | 20.00 | 18.00 |
| CWIP | 26.00 | 190.00 | 29.00 | 7.00 | 8.00 | 68.00 | 16.00 | 6.00 | 1.00 | 0.00 | 12.00 | 1.00 |
| Investments | 150.00 | 139.00 | 223.00 | 182.00 | 151.00 | 154.00 | 163.00 | 116.00 | 53.00 | 33.00 | 18.00 | 19.00 |
| Other Assets | 107.00 | 102.00 | 77.00 | 78.00 | 61.00 | 56.00 | 50.00 | 54.00 | 54.00 | 26.00 | 31.00 | 30.00 |
| Total Assets | 660.00 | 572.00 | 481.00 | 415.00 | 367.00 | 329.00 | 270.00 | 214.00 | 144.00 | 94.00 | 82.00 | 69.00 |
Cash Flows
Annual ยท Rs. Crores โ 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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 54.00 | 38.00 | 56.00 | 43.00 | 44.00 | 30.00 | 41.00 | 24.00 | 10.00 | 12.00 | 14.00 | 9.00 |
| Cash from Investing Activity | -95.00 | -57.00 | -50.00 | -38.00 | -42.00 | -29.00 | -39.00 | 0.00 | -10.00 | -11.00 | -13.00 | -8.00 |
| Cash from Financing Activity | 42.00 | 19.00 | -5.00 | -4.00 | -2.00 | -2.00 | -2.00 | -23.00 | -1.00 | -2.00 | -1.00 | -1.00 |
| Net Cash Flow | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | -1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free Cash Flow | -34.00 | -122.00 | 17.00 | 28.00 | -4.00 | -26.00 | 27.00 | 13.00 | 5.00 | 7.00 | -3.00 | 0.00 |
| CFO/OP % | 97.00 | 82.00 | 107.00 | 73.00 | 98.00 | 85.00 | 116.00 | 85.00 | 56.00 | 118.00 | 104.00 | 77.00 |
Ratios
Annual ยท Days / % โ 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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 92.00 | 94.00 | 90.00 | 90.00 | 97.00 | 85.00 | 69.00 | 85.00 | 135.00 | 83.00 | 97.00 | 114.00 |
| Inventory Days | 292.00 | 179.00 | 177.00 | 180.00 | 233.00 | 148.00 | 131.00 | 122.00 | 118.00 | 125.00 | 117.00 | 96.00 |
| Days Payable | 245.00 | 167.00 | 130.00 | 122.00 | 227.00 | 118.00 | 110.00 | 73.00 | 170.00 | 70.00 | 104.00 | 94.00 |
| Cash Conversion Cycle | 139.00 | 107.00 | 137.00 | 149.00 | 103.00 | 115.00 | 89.00 | 133.00 | 83.00 | 138.00 | 110.00 | 116.00 |
| Working Capital Days | 64.00 | 80.00 | 84.00 | 93.00 | 81.00 | 60.00 | 75.00 | 100.00 | 107.00 | 92.00 | 92.00 | 108.00 |
| ROCE % | 8.00 | 11.00 | 17.00 | 21.00 | 17.00 | 20.00 | 21.00 | 27.00 | 29.00 | 12.00 | 25.00 | 32.00 |
Corporate Actions
21 records| Action | Ex Date | Record Date | Ratio | Amount (โน) | Notes |
|---|---|---|---|---|---|
| Dividend | 23 Jul 2026 | 23 Jul 2026 | โ | 2.50 | |
| Split | 03 Oct 2025 | 03 Oct 2025 | 10:5 | โ | |
| Bonus | 03 Oct 2025 | 03 Oct 2025 | 3:1 | โ | |
| Dividend | 24 Jul 2025 | 24 Jul 2025 | โ | 20.00 | |
| Dividend | 26 Jul 2024 | 26 Jul 2024 | โ | 20.00 | |
| Dividend | 25 Jul 2023 | 25 Jul 2023 | โ | 17.50 | |
| Dividend | 01 Aug 2022 | 02 Aug 2022 | โ | 12.00 | |
| Dividend | 26 Jul 2021 | โ | โ | 6.00 | |
| Dividend | 24 Jul 2020 | โ | โ | 6.00 | |
| Dividend | 30 Jul 2019 | โ | โ | 5.00 | |
| Dividend | 26 Jul 2018 | โ | โ | 3.00 | |
| Other | 22 Mar 2018 | 23 Mar 2018 | โ | โ | Buy Back of Shares |
| Dividend | 24 Jul 2017 | โ | โ | 3.00 | |
| Dividend | 02 Aug 2016 | โ | โ | 3.00 | |
| Dividend | 04 Aug 2015 | โ | โ | 3.00 | |
| Dividend | 28 Jul 2014 | โ | โ | 3.00 | |
| Dividend | 30 Jul 2013 | โ | โ | 3.00 | |
| Dividend | 30 Jul 2012 | โ | โ | 2.00 | |
| Dividend | 17 Aug 2011 | โ | โ | 2.00 | |
| Dividend | 20 Jul 2010 | โ | โ | 2.00 | |
| Dividend | 16 Jul 2009 | โ | โ | 2.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results โ Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update15 Jan from crisil
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Rating update17 Jan 2025 from crisil
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Rating update20 Oct 2023 from crisil
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Rating update29 Jul 2022 from crisil
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Rating update27 May 2021 from crisil
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Rating update17 Feb 2020 from crisil