Kanoria Chemicals & Industries Ltd

NSE: KANORICHEMBSE: 506525
Compare with peers
₹ 176.51▼ 4.14 (−2.29%)28 Oct, 03:29 pm IST
P/E
13x
52-week range
56 – 206
ROE
22%
ROCE
6%
Sector
Industrial Manufacturing
Industry
Industrial Products
Listed on
NSE, BSE

About

Kanoria Chemicals & Industries Limited is an India-based company. The Company is primarily engaged in the manufacture of Industrial Chemicals. The Company operates through one segment: Alco Chemicals. The Alco Chemicals segment serves a range of industries, primarily focusing on the Construction, Infrastructure, Paint, Pharma, and Agrochemicals sectors. Its manufacturing portfolio includes products such as Formaldehyde, Pentaerythritol, Hexamine, Sodium Formate, Phenolic Resins, and Acetaldehyde. It operates three chemical manufacturing facilities, located at Ankleshwar (Gujarat), Visakhapatnam (north Andhra Pradesh) and Naidupeta (south Andhra Pradesh). The Company's integrated denim manufacturing unit in Africa, operates through its wholly owned subsidiary, Kanoria Africa Textiles plc. APAG Holding AG is a subsidiary of the Company, which is engaged in the business of electronic automotive.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Industrial Products: 186 companies →

Kanoria Chemicals & Industries Ltd 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)13 against a typical 29.6: cheaper than most peers (1st = cheapest).34th of 184
  • Sales growth+128.9% against a typical +20.3% from a year earlier.11th of 147
  • Share price, 3 months+17.1% against a typical −3.4%.40th of 164

Latest announcements

Exchange filings and their impact on the company.

  • 7 Oct 2026Press ReleaseLow impactPositivePrice −1.8% on 8 Oct
    KCI commissioned a 12 TPD Triacetin plant at Ankleshwar, adding small high-margin specialty capacity.

    Kanoria Chemicals launched a new 12 metric tons per day Triacetin manufacturing facility at its existing GIDC Ankleshwar site on 7 Oct 2026. The plant will make Triacetin for food and beverage, pharma, agrochemicals, resins, coatings and plastics for domestic and export markets. It strengthens the specialty chemicals portfolio and supports the company's Vision-2030 expansion, adding an estimated 4-5% to annual revenue at higher margins once ramped up.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated BB+ by CARE
BB+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
Infomerics—Stable8 Oct 2026
CARECARE BB+Positive19 Aug 2026
Credit rating actions
RatingDetails
8 Oct 2026
New rating
—LowInfomerics₹ 162.07 Cr.
19 Aug 2026
▲ Outlook raised
CARE BB+
Outlook Stable → Positive
—CARE₹ 170.87 Cr.
9 Jan 2026
Reaffirmed
CARE BB+—CARE₹ 182.81 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
11 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
25 May 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
12 Feb 2026Financial Results/Fund RaisingTo consider and approve the financial results for the period ended December 31, 2025 and Fund Raising
10 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
5 Aug 2025Financial ResultsPursuant to Regulation 29 read with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Notice is hereby given that the Meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 5th August, 2025, inter alia, to consider and approve the unaudited financial results of the Company for the quarter ended 30th June, 2025.
21 May 2025Financial Results/DividendPursuant to Regulation 29 read with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Notice is hereby given that the Meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, 21st May, 2025, inter alia, to consider and approve the Audited Standalone and Consolidated Financial Results of the Company for the quarter &year ended 31st March, 2025,and to consider recommendation of dividend, if any.

Share price

1Y change +124.88%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales371342361384177180431201210266304460
Expenses365339333382176165414183204246277415
Operating Profit6329201517186202745
OPM %1.6%0.8%8%0.5%0.1%8%3.9%9%3%7%9%10%
Other Income08026−26−27−13106277
Interest1291211881279887
Depreciation15151515881699999
Profit before tax−21−132−22−9−27−38−109561735
Tax %−3%14%816%4%77%6%5%32%4%38%−86%25%
Net Profit−21−15−16−23−16−29−40−149243226
EPS in Rs−4.2−1.86−2.12−3.81−3.18−3.82−8.33−1.7921.390.817.246.03

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
6%
5 Years
−2%
3 Years
−15%
TTM
25%
Compounded Profit Growth
10 Years
33%
5 Years
46%
3 Years
114%
TTM
383%
Stock Price CAGR
10 Years
8%
5 Years
2%
3 Years
9%
TTM
—
Return on Equity
10 Years
0%
5 Years
0%
3 Years
1%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
74.39%
0 pts in a year
FIIs
0.05%
−0.01 pts in a year
DIIs
0.08%
0 pts in a year
Public
25.48%
+0.01 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 13xEPS (12 months) ₹ 13.94Median P/E 21.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Kanoria Chemicals & Industries Ltd₹ 176.51—13x—22%—
Asian Paints₹ 2,305.00₹ 2,21,095 Cr.53.4x11.1x0%0%
Solar Industries India₹ 18,320.00₹ 1,65,778 Cr.114.5x32.1x0%0%
Pidilite Industries₹ 1,514.00₹ 1,54,107 Cr.64.8x14.7x0%0%
SRF₹ 2,309.00₹ 68,444 Cr.38.5x5.2x0%0%
Coromandel International₹ 1,723.60₹ 50,876 Cr.28x4.5x0%0%

Management

Rajya Vardhan Kanoria
Executive Chairman of the Board, Managing Director
Nirmal Kumar Nolkha
Group Chief Financial Officer
Pratibha Jaiswal
Compliance Officer, Company Secretary
Saumya Vardhan Kanoria
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.