Black Rose Industries
- Market cap
- ₹ 476 Cr.
- P/E
- 16.9x
- P/B
- 2.91x
- 52-week range
- 80.05 – 129.9
- ROE
- 14%
- ROCE
- 19%
- Dividend yield
- 3.4%
- Debt / equity
- 0.01
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE, BSE
About
Black Rose Industries Limited is an India-based manufacturer and distributor of specialty and performance chemicals. The Company operates a manufacturing facility in Jhagadia, Gujarat, and also operates two windmills located in Gujarat and Rajasthan. Its divisions include chemical distribution division and chemical manufacturing division. The chemical distribution division manages the domestic distribution of specialty and performance chemicals sourced from international manufacturers, along with merchant exports of chemicals, primarily catering to the oil and gas sector in the United States. The chemical manufacturing division focuses on the production and sale of acrylamide liquid and its downstream derivatives-acrylamide solid, polyacrylamide liquid, and n-methylol acrylamide (NMA). It produces and supplies acrylamide under the brand name BRILMIDE, NMA under the brand name BRILMER NMA, and polyacrylamide liquids under the brand BRILBIND.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Black Rose Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)16.9 against a typical 25.8: cheaper than most peers (1st = cheapest).42nd of 129
- Sales growth+48.3% against a typical +25.9% from a year earlier.25th of 112
- Profit growth+150% against a typical +42.4% from a year earlier.22nd of 102
- Share price, 3 months+4.5% against a typical −5.8%.40th of 118
- Size₹ 475.9 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).59th of 126
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BBB+ | Stable | 28 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 28 Jan 2026 | Reaffirmed | Crisil BBB+ | — | CRISIL | ₹ 86.5 Cr. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 84 | 94 | 115 | 98 | 93 | 88 | 83 | 60 | 84 | 75 | 104 | 89 |
| Expenses | 76 | 86 | 108 | 92 | 86 | 80 | 74 | 54 | 77 | 69 | 91 | 75 |
| Operating Profit | 8 | 7 | 7 | 6 | 7 | 8 | 9 | 6 | 7 | 7 | 13 | 14 |
| OPM % | 10% | 8% | 6% | 6% | 7% | 9% | 10% | 10% | 9% | 9% | 13% | 16% |
| Other Income | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 8 | 7 | 8 | 6 | 6 | 8 | 8 | 6 | 6 | 6 | 12 | 14 |
| Tax % | 25% | 27% | 26% | 26% | 27% | 26% | 25% | 27% | 27% | 26% | 23% | 26% |
| Net Profit | 6 | 5 | 6 | 5 | 5 | 6 | 6 | 4 | 4 | 4 | 9 | 10 |
| EPS in Rs | 1.18 | 1.07 | 1.12 | 0.93 | 0.92 | 1.12 | 1.14 | 0.82 | 0.87 | 0.86 | 1.85 | 2.04 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- −3%
- 3 Years
- −9%
- TTM
- 9%
- 10 Years
- 30%
- 5 Years
- −4%
- 3 Years
- 40%
- TTM
- 38%
- 10 Years
- 16%
- 5 Years
- −9%
- 3 Years
- −7%
- TTM
- —
- 10 Years
- 20%
- 5 Years
- 15%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Black Rose Industries | ₹ 114.62 | ₹ 476 Cr. | 16.9x | 2.9x | 14% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- Ambarish Daga
- Whole Time Director, Joint Chief Financial Officer, Investor Relations Officer
- Darshana Sawant
- Compliance Officer, Company Secretary
- Ratan Kumar Agrawal
- Chief Risk Officer
- Bhavesh Shah
- General Manager - Sales
- Shruti Jatia
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.