About
Sadhana Nitro Chem Limited engages in the manufacture and sale of chemical intermediates and organic and performance chemicals in India and internationally. The company offers downstream derivatives of nitrobenzene and other intermediates for various applications in aerospace, pharma and agro, optical brightening agents, plastic additives, special fibers, epoxy resin hardeners, dyes, and performance chemicals. It also provides meta, ortho, and para amino phenol; metanilic acid; aniline; 1,2,3,4 butane tetra carboxylic acid; 2-anilino-6-dibutylamino-3-methylfluoran; 4,4 diamino diphenyl ether; aniline 2,5 disulphonic acid; aniline; developer pf20x; ammonium sulphate; n,n diethyl meta amino phenol; sodium meta nitrobenzene sulphonate; and dibutyl and diethyl keto acid. In addition, the company manufactures wireless network equipment and services. Sadhana Nitro Chem Limited was incorporated in 1973 and is based in Mumbai, India. Sadhana Nitro Chem Limited is a subsidiary of Manekchand Panachand Trading Investment Company Pvt Ltd.
Key Metrics
as of Sep 2026Market Cap831 Cr
P/E—
Div Yield3.68 %
Book Value₹1.53
52w High₹3.38
52w Low₹1.27
Face Value₹1.00
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 | 27.22 | 9.11 | 9.76 | 2.70 | 28.10 | 49.47 | 37.10 | 42.88 | 36.10 | 64.55 | 44.08 | 42.01 | 39.41 |
| Expenses | 24.90 | 31.93 | 24.95 | 19.68 | 26.16 | 36.24 | 25.87 | 34.60 | 26.48 | 55.26 | 32.68 | 29.48 | 31.56 |
| Operating Profit | 2.32 | -22.82 | -15.19 | -16.98 | 1.94 | 13.23 | 11.23 | 8.28 | 9.62 | 9.29 | 11.40 | 12.53 | 7.85 |
| OPM % | 8.52 | -250.49 | -155.64 | -628.89 | 6.90 | 26.74 | 30.27 | 19.31 | 26.65 | 14.39 | 25.86 | 29.83 | 19.92 |
| Other Income | 3.71 | 3.34 | 1.20 | -0.47 | 4.48 | -0.12 | 0.49 | 1.17 | 0.29 | 2.47 | 0.77 | -0.01 | 0.73 |
| Depreciation | 2.93 | 4.13 | 3.87 | 3.68 | 4.65 | 3.85 | 3.36 | 3.99 | 3.98 | 3.47 | 3.83 | 3.82 | 3.79 |
| Interest | 3.19 | 10.72 | 6.87 | 4.85 | 4.01 | 4.29 | 4.64 | 4.42 | 4.15 | 4.12 | 4.36 | 4.49 | 4.32 |
| Profit before tax | -0.09 | -34.33 | -24.73 | -25.98 | -2.24 | 4.97 | 3.72 | 1.04 | 1.78 | 4.17 | 3.98 | 4.21 | 0.47 |
| Tax % | 511.11 | -2.07 | 1.66 | -1.66 | -5.36 | 17.51 | 30.65 | 75.00 | 65.17 | 87.53 | 76.63 | 38.95 | 87.23 |
| Net Profit | -0.55 | -33.62 | -25.14 | -25.55 | -2.12 | 4.10 | 2.58 | 0.26 | 0.62 | 0.52 | 0.93 | 2.57 | 0.06 |
| EPS in Rs | 0.00 | -0.11 | -0.08 | -0.09 | -0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 50.00 | 166.00 | 190.00 | 143.00 | 132.00 | 103.00 | 106.00 | 267.00 | 114.00 | 55.00 | 36.00 | 48.00 |
| Expenses | 103.00 | 123.00 | 149.00 | 122.00 | 117.00 | 80.00 | 77.00 | 147.00 | 79.00 | 47.00 | 34.00 | 52.00 |
| Operating Profit | -53.00 | 42.00 | 41.00 | 21.00 | 15.00 | 23.00 | 29.00 | 120.00 | 35.00 | 8.00 | 2.00 | -4.00 |
| OPM % | -107.00 | 26.00 | 22.00 | 15.00 | 11.00 | 23.00 | 27.00 | 45.00 | 31.00 | 15.00 | 5.00 | -8.00 |
| Other Income | 9.00 | 2.00 | 4.00 | 2.00 | 5.00 | 5.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 14.00 |
| Interest | 26.00 | 18.00 | 17.00 | 10.00 | 5.00 | 3.00 | 3.00 | 12.00 | 5.00 | 6.00 | 5.00 | 5.00 |
| Depreciation | 16.00 | 15.00 | 15.00 | 8.00 | 6.00 | 6.00 | 6.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | -87.00 | 12.00 | 13.00 | 6.00 | 9.00 | 19.00 | 22.00 | 107.00 | 28.00 | 1.00 | -5.00 | 3.00 |
| Tax % | -1.00 | 34.00 | 68.00 | 44.00 | 30.00 | 15.00 | 34.00 | 29.00 | -11.00 | 0.00 | 0.00 | -35.00 |
| Net Profit | -86.00 | 8.00 | 4.00 | 3.00 | 6.00 | 16.00 | 15.00 | 76.00 | 31.00 | 1.00 | -5.00 | 4.00 |
| EPS in Rs | -0.29 | 0.03 | 0.01 | 0.01 | 0.02 | 0.06 | 0.05 | 0.26 | 0.11 | 0.00 | -0.02 | 0.01 |
| Dividend Payout % | 0.00 | 0.00 | 91.00 | 95.00 | 47.00 | 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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 296.00 | 33.00 | 25.00 | 20.00 | 20.00 | 14.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Reserves | 158.00 | 248.00 | 202.00 | 206.00 | 141.00 | 116.00 | 107.00 | 96.00 | 37.00 | 1.00 | -12.00 | -7.00 |
| Borrowings | 113.00 | 247.00 | 233.00 | 139.00 | 116.00 | 83.00 | 46.00 | 8.00 | 16.00 | 36.00 | 44.00 | 37.00 |
| Other Liabilities | 90.00 | 109.00 | 73.00 | 61.00 | 110.00 | 91.00 | 53.00 | 64.00 | 78.00 | 37.00 | 27.00 | 26.00 |
| Total Liabilities | 658.00 | 637.00 | 532.00 | 426.00 | 386.00 | 304.00 | 216.00 | 177.00 | 139.00 | 83.00 | 68.00 | 66.00 |
| Fixed Assets | 163.00 | 150.00 | 156.00 | 144.00 | 75.00 | 78.00 | 84.00 | 76.00 | 50.00 | 37.00 | 29.00 | 31.00 |
| CWIP | 78.00 | 100.00 | 53.00 | 28.00 | 68.00 | 23.00 | 15.00 | 2.00 | 11.00 | 9.00 | 9.00 | 9.00 |
| Investments | 0.00 | 0.00 | 6.00 | 6.00 | 7.00 | 6.00 | 6.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 416.00 | 387.00 | 317.00 | 248.00 | 236.00 | 197.00 | 111.00 | 94.00 | 78.00 | 37.00 | 30.00 | 26.00 |
| Total Assets | 658.00 | 637.00 | 532.00 | 426.00 | 386.00 | 304.00 | 216.00 | 177.00 | 139.00 | 83.00 | 68.00 | 66.00 |
Cash Flows
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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -29.00 | 54.00 | -3.00 | -38.00 | -5.00 | 1.00 | -17.00 | 53.00 | 35.00 | 9.00 | -1.00 | 9.00 |
| Cash from Investing Activity | -46.00 | -89.00 | -65.00 | -53.00 | -39.00 | -23.00 | -22.00 | -25.00 | -6.00 | -1.00 | 0.00 | 0.00 |
| Cash from Financing Activity | 93.00 | 25.00 | 42.00 | 72.00 | 46.00 | 30.00 | 30.00 | -23.00 | -13.00 | -25.00 | 2.00 | -9.00 |
| Net Cash Flow | 18.00 | -10.00 | -26.00 | -19.00 | 2.00 | 7.00 | -9.00 | 5.00 | 16.00 | -16.00 | 1.00 | 0.00 |
| Free Cash Flow | -93.00 | -39.00 | -68.00 | -86.00 | -46.00 | -7.00 | -39.00 | 32.00 | 29.00 | 8.00 | -1.00 | 9.00 |
| CFO/OP % | 50.00 | 121.00 | -4.00 | -154.00 | 23.00 | 5.00 | 4.00 | 51.00 | 107.00 | 110.00 | -47.00 | -246.00 |
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 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 977.00 | 270.00 | 242.00 | 167.00 | 113.00 | 173.00 | 100.00 | 21.00 | 49.00 | 68.00 | 131.00 | 56.00 |
| Inventory Days | 641.00 | — | — | — | — | 600.00 | 600.00 | 217.00 | 184.00 | 222.00 | 176.00 | 102.00 |
| Days Payable | 314.00 | — | — | — | — | 234.00 | 254.00 | 64.00 | 195.00 | 350.00 | 395.00 | 226.00 |
| Cash Conversion Cycle | 1,304.00 | 270.00 | 242.00 | 167.00 | 113.00 | 539.00 | 446.00 | 174.00 | 37.00 | -59.00 | -88.00 | -68.00 |
| Working Capital Days | 734.00 | 150.00 | 179.00 | 207.00 | 71.00 | 95.00 | 69.00 | 24.00 | -107.00 | -127.00 | -321.00 | -211.00 |
| ROCE % | -11.00 | 6.00 | 7.00 | 5.00 | 6.00 | 12.00 | 18.00 | 136.00 | 62.00 | 16.00 | 0.00 | -13.00 |
Corporate Actions
21 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Rights | 18 Feb 2026 | 19 Feb 2026 | 8:1 | — | |
| Other | 18 Feb 2026 | 19 Feb 2026 | — | — | Right Issue of Equity Shares |
| Dividend | 22 Sep 2025 | 22 Sep 2025 | — | 0.10 | |
| Dividend | 17 Sep 2024 | 18 Sep 2024 | — | 0.15 | |
| Other | 17 Sep 2024 | — | — | — | Annual General Meeting |
| Rights | 13 Sep 2024 | 13 Sep 2024 | 1:3 | — | |
| Other | 13 Sep 2024 | 13 Sep 2024 | — | — | Right Issue of Equity Shares |
| Dividend | 18 Sep 2023 | 19 Sep 2023 | — | 0.15 | |
| Other | 18 Sep 2023 | — | — | — | Annual General Meeting |
| Bonus | 05 Jul 2023 | 05 Jul 2023 | 2:9 | — | |
| Dividend | 14 Sep 2022 | 15 Sep 2022 | — | 0.15 | |
| Bonus | 19 Jul 2021 | 21 Jul 2021 | 2:5 | — | |
| Bonus | 17 Sep 2020 | 18 Sep 2020 | 1:2 | — | |
| Split | 03 Apr 2020 | 07 Apr 2020 | 5:1 | — | |
| Dividend | 17 Sep 2019 | — | — | 0.75 | |
| Dividend | 02 May 2019 | 03 May 2019 | — | 1.25 | |
| Split | 29 Jan 2019 | 30 Jan 2019 | 10:5 | — | |
| Dividend | 16 Sep 2008 | — | — | 1.00 | |
| Other | 16 Sep 2008 | — | — | — | Right Issue of Equity Shares |
| Dividend | 19 Sep 2007 | — | — | 1.50 | |
| Dividend | 27 Aug 2001 | — | — | 1.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update11 Dec 2025 from infomerics
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Rating update11 Jul 2025 from infomerics
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Rating update4 Jul 2025 from infomerics
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Rating update11 Feb 2019 from crisil
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Rating update18 May 2018 from crisil