About
Sudarshan Chemical Industries Limited, together with its subsidiaries, manufactures and sells organic, inorganic, effect pigments, and dispersions in India and internationally. It operates through two segments, Pigments and Others. The company offers its pigment products under the Sudaperm, Sudatex, Sudafine, Sudacolor, Sudafast, Sumica, Sudadur, Sudasol, Sumicos, Sudatherm, Sudajet, Sudanyl, Sudacos, and Prestige brands that are used in coatings, paints, plastics, inks, cosmetics, textiles, printing, and other applications. It also manufactures pollution control equipment, size reduction equipment, pneumatic conveying systems, and grinding equipment for industrial applications; and clean air, grinding, and power handling solutions. Sudarshan Chemical Industries Limited was incorporated in 1951 and is headquartered in Pune, India.
Key Metrics
as of Sep 2026Market Cap9,738 Cr
P/E95.90
Div Yield0.41 %
Book Value₹439.00
52w High₹1,604.00
52w Low₹726.00
Face Value₹2.00
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 | 2,642.00 | 2,790.00 | 2,103.00 | 2,387.00 | 2,507.00 | 1,349.00 | 666.00 | 696.00 | 634.00 | 764.00 | 566.00 | 601.00 | 608.00 |
| Expenses | 2,383.00 | 2,562.00 | 2,065.00 | 2,255.00 | 2,314.00 | 1,222.00 | 587.00 | 602.00 | 553.00 | 645.00 | 504.00 | 535.00 | 538.00 |
| Operating Profit | 259.00 | 227.00 | 38.00 | 132.00 | 192.00 | 127.00 | 79.00 | 94.00 | 81.00 | 119.00 | 62.00 | 66.00 | 70.00 |
| OPM % | 10.00 | 8.00 | 1.80 | 6.00 | 8.00 | 9.00 | 12.00 | 14.00 | 13.00 | 16.00 | 11.00 | 11.00 | 11.00 |
| Other Income | 32.00 | 32.00 | -24.00 | 38.00 | 33.00 | -38.00 | -26.00 | -6.00 | 4.00 | 3.00 | 4.00 | 6.00 | 319.00 |
| Depreciation | 93.00 | 50.00 | 101.00 | 97.00 | 99.00 | 57.00 | 37.00 | 37.00 | 36.00 | 36.00 | 35.00 | 35.00 | 35.00 |
| Interest | 40.00 | 41.00 | 36.00 | 44.00 | 44.00 | 21.00 | 11.00 | 9.00 | 7.00 | 8.00 | 9.00 | 10.00 | 10.00 |
| Profit before tax | 157.00 | 168.00 | -123.00 | 30.00 | 82.00 | 11.00 | 5.00 | 43.00 | 41.00 | 78.00 | 22.00 | 26.00 | 344.00 |
| Tax % | 34.00 | 51.00 | -6.00 | 35.00 | 33.00 | 97.00 | 89.00 | 30.00 | 28.00 | 26.00 | 34.00 | 32.00 | 22.00 |
| Net Profit | 103.00 | 82.00 | -116.00 | 19.00 | 55.00 | 0.00 | 1.00 | 30.00 | 29.00 | 58.00 | 15.00 | 18.00 | 267.00 |
| EPS in Rs | 12.22 | 10.01 | -14.67 | 1.49 | 6.01 | -0.52 | 0.07 | 4.32 | 4.25 | 8.38 | 2.11 | 2.58 | 38.56 |
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 | 9,787.00 | 3,346.00 | 2,539.00 | 2,302.00 | 2,201.00 | 1,864.00 | 1,708.00 | 1,593.00 | 1,329.00 | 1,282.00 | 1,401.00 | 1,205.00 |
| Expenses | 9,184.00 | 2,962.00 | 2,220.00 | 2,088.00 | 1,923.00 | 1,574.00 | 1,460.00 | 1,386.00 | 1,139.00 | 1,093.00 | 1,232.00 | 1,075.00 |
| Operating Profit | 603.00 | 383.00 | 318.00 | 213.00 | 278.00 | 290.00 | 248.00 | 207.00 | 191.00 | 189.00 | 170.00 | 131.00 |
| OPM % | 6.00 | 11.00 | 13.00 | 9.00 | 13.00 | 16.00 | 15.00 | 13.00 | 14.00 | 15.00 | 12.00 | 11.00 |
| Other Income | 75.00 | -67.00 | 332.00 | 5.00 | 5.00 | 7.00 | 22.00 | 81.00 | 15.00 | 25.00 | 14.00 | 23.00 |
| Interest | 174.00 | 51.00 | 39.00 | 44.00 | 23.00 | 20.00 | 16.00 | 19.00 | 25.00 | 30.00 | 37.00 | 41.00 |
| Depreciation | 347.00 | 166.00 | 141.00 | 114.00 | 89.00 | 87.00 | 74.00 | 66.00 | 58.00 | 49.00 | 48.00 | 42.00 |
| Profit before tax | 157.00 | 99.00 | 471.00 | 60.00 | 171.00 | 190.00 | 180.00 | 203.00 | 123.00 | 136.00 | 99.00 | 72.00 |
| Tax % | 74.00 | 39.00 | 24.00 | 25.00 | 24.00 | 26.00 | 20.00 | 33.00 | 31.00 | 25.00 | 29.00 | 24.00 |
| Net Profit | 41.00 | 60.00 | 357.00 | 45.00 | 130.00 | 141.00 | 145.00 | 135.00 | 85.00 | 101.00 | 70.00 | 54.00 |
| EPS in Rs | 2.84 | 7.11 | 51.63 | 6.47 | 18.77 | 20.38 | 20.88 | 19.52 | 12.24 | 14.64 | 10.10 | 7.86 |
| Dividend Payout % | 176.00 | 63.00 | 9.00 | 23.00 | 27.00 | 29.00 | 30.00 | 31.00 | 29.00 | 24.00 | 30.00 | 22.00 |
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 | 16.00 | 16.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 |
| Reserves | 3,434.00 | 3,377.00 | 1,135.00 | 814.00 | 819.00 | 730.00 | 587.00 | 554.00 | 426.00 | 367.00 | 300.00 | 249.00 |
| Borrowings | 2,473.00 | 2,378.00 | 467.00 | 829.00 | 823.00 | 618.00 | 501.00 | 367.00 | 431.00 | 433.00 | 430.00 | 433.00 |
| Other Liabilities | 3,629.00 | 3,864.00 | 730.00 | 725.00 | 705.00 | 638.00 | 522.00 | 424.00 | 433.00 | 379.00 | 346.00 | 317.00 |
| Total Liabilities | 9,553.00 | 9,634.00 | 2,346.00 | 2,383.00 | 2,361.00 | 2,000.00 | 1,624.00 | 1,358.00 | 1,304.00 | 1,193.00 | 1,090.00 | 1,012.00 |
| Fixed Assets | 2,987.00 | 2,774.00 | 1,102.00 | 1,126.00 | 832.00 | 615.00 | 627.00 | 465.00 | 475.00 | 452.00 | 358.00 | 333.00 |
| CWIP | 144.00 | 121.00 | 15.00 | 44.00 | 285.00 | 278.00 | 48.00 | 24.00 | 6.00 | 8.00 | 15.00 | 8.00 |
| Investments | 566.00 | 545.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 5,855.00 | 6,194.00 | 1,227.00 | 1,210.00 | 1,243.00 | 1,105.00 | 948.00 | 869.00 | 822.00 | 733.00 | 716.00 | 671.00 |
| Total Assets | 9,553.00 | 9,634.00 | 2,346.00 | 2,383.00 | 2,361.00 | 2,000.00 | 1,624.00 | 1,358.00 | 1,304.00 | 1,193.00 | 1,090.00 | 1,012.00 |
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 | 344.00 | 71.00 | 193.00 | 287.00 | 178.00 | 165.00 | 263.00 | 71.00 | 148.00 | 163.00 | 164.00 | 112.00 |
| Cash from Investing Activity | 165.00 | -1,610.00 | 279.00 | -189.00 | -307.00 | -266.00 | -220.00 | -27.00 | -87.00 | -135.00 | -83.00 | -61.00 |
| Cash from Financing Activity | -680.00 | 2,596.00 | -446.00 | -103.00 | 138.00 | 108.00 | -39.00 | -48.00 | -62.00 | -38.00 | -81.00 | -43.00 |
| Net Cash Flow | -171.00 | 1,057.00 | 27.00 | -5.00 | 9.00 | 8.00 | 3.00 | -3.00 | -2.00 | -10.00 | 0.00 | 8.00 |
| Free Cash Flow | 63.00 | -33.00 | 460.00 | 96.00 | -131.00 | -103.00 | 9.00 | -31.00 | 61.00 | 29.00 | 79.00 | 56.00 |
| CFO/OP % | 91.00 | 40.00 | 87.00 | 140.00 | 78.00 | 70.00 | 131.00 | 50.00 | 92.00 | 103.00 | 109.00 | 97.00 |
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 | 63.00 | 134.00 | 84.00 | 77.00 | 83.00 | 95.00 | 78.00 | 79.00 | 92.00 | 98.00 | 92.00 | 96.00 |
| Inventory Days | 179.00 | 515.00 | 113.00 | 132.00 | 163.00 | 142.00 | 154.00 | 119.00 | 131.00 | 134.00 | 113.00 | 125.00 |
| Days Payable | 113.00 | 287.00 | 132.00 | 136.00 | 150.00 | 152.00 | 139.00 | 94.00 | 126.00 | 139.00 | 96.00 | 94.00 |
| Cash Conversion Cycle | 129.00 | 362.00 | 65.00 | 73.00 | 96.00 | 85.00 | 92.00 | 105.00 | 96.00 | 93.00 | 109.00 | 127.00 |
| Working Capital Days | 62.00 | 173.00 | 40.00 | 23.00 | 18.00 | 29.00 | 24.00 | 51.00 | 43.00 | 14.00 | 40.00 | 26.00 |
| ROCE % | 5.00 | 6.00 | 11.00 | 6.00 | 13.00 | 17.00 | 18.00 | 17.00 | 18.00 | 22.00 | 19.00 | 16.00 |
Corporate Actions
38 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 11 Aug 2026 | 11 Aug 2026 | — | 5.00 | |
| Dividend | 22 Sep 2025 | 22 Sep 2025 | — | 4.50 | |
| Dividend | 26 Jul 2024 | 26 Jul 2024 | — | 1.00 | |
| Dividend | 19 Mar 2024 | 19 Mar 2024 | — | 3.60 | |
| Dividend | 04 Aug 2023 | 04 Aug 2023 | — | 1.50 | |
| Dividend | 01 Aug 2022 | 02 Aug 2022 | — | 5.00 | |
| Dividend | 29 Jul 2021 | 30 Jul 2021 | — | 6.00 | |
| Other | 27 Aug 2020 | — | — | — | Annual General Meeting |
| Dividend | 12 Mar 2020 | 13 Mar 2020 | — | 0.50 | NSE/BSE dividend mismatch: BSE/NSE=5.8; BSE/NSE=0.5 |
| Dividend | 12 Mar 2020 | 13 Mar 2020 | — | 5.80 | NSE/BSE dividend mismatch: BSE/NSE=5.8; BSE/NSE=0.5 |
| Dividend | 29 Jul 2019 | — | — | 3.50 | NSE/BSE dividend mismatch: BSE/NSE=2.5; BSE=3.5 |
| Dividend | 29 Jul 2019 | — | — | 2.50 | NSE/BSE dividend mismatch: BSE/NSE=2.5; BSE=3.5 |
| Dividend | 19 Jul 2018 | — | — | 1.00 | |
| Dividend | 22 Feb 2018 | 23 Feb 2018 | — | 2.50 | |
| Dividend | 27 Jul 2017 | — | — | 1.00 | |
| Dividend | 22 Feb 2017 | 24 Feb 2017 | — | 2.50 | |
| Dividend | 28 Jul 2016 | — | — | 0.50 | |
| Dividend | 21 Mar 2016 | 22 Mar 2016 | — | 2.50 | |
| Dividend | 30 Jul 2015 | — | — | 1.75 | |
| Split | 30 Sep 2014 | 01 Oct 2014 | 10:2 | — | |
| Bonus | 30 Sep 2014 | 01 Oct 2014 | 1:1 | — | |
| Dividend | 24 Jul 2014 | — | — | 15.00 | |
| Dividend | 05 Sep 2013 | — | — | 12.50 | |
| Dividend | 26 Jul 2012 | — | — | 12.50 | |
| Dividend | 28 Jul 2011 | — | — | 12.50 | |
| Dividend | 29 Jul 2010 | — | — | 12.50 | |
| Dividend | 16 Jul 2009 | — | — | 8.00 | |
| Dividend | 11 Sep 2008 | — | — | 3.00 | NSE/BSE dividend mismatch: NSE=0.6; BSE=3.0 |
| Dividend | 11 Sep 2008 | — | — | 0.60 | NSE/BSE dividend mismatch: NSE=0.6; BSE=3.0 |
| Dividend | 09 Aug 2007 | — | — | 2.50 | NSE/BSE dividend mismatch: NSE=0.5; BSE=2.5 |
| Dividend | 09 Aug 2007 | — | — | 0.50 | NSE/BSE dividend mismatch: NSE=0.5; BSE=2.5 |
| Dividend | 20 Jul 2006 | — | — | 1.00 | |
| Dividend | 14 Jul 2005 | — | — | 0.60 | |
| Dividend | 07 Jul 2005 | — | — | 3.00 | |
| Dividend | 04 Feb 2005 | 18 Feb 2005 | — | 3.00 | |
| Dividend | 09 Sep 2004 | — | — | 3.00 | |
| Dividend | 25 Aug 2003 | — | — | 3.00 | |
| Dividend | 28 Aug 2002 | — | — | 3.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update16 Apr from crisil
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Rating update20 Oct 2025 from fitch
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Rating update19 Apr 2025 from crisil
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Rating update20 Jan 2025 from crisil
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Rating update22 Oct 2024 from crisil
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Rating update10 Sep 2024 from crisil
Conference Calls
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