Sudarshan Chemical Industries
- Market cap
- ₹ 8,258 Cr.
- P/E
- 83.2x
- P/B
- 2.38x
- 52-week range
- 726.4 – 1,347
- ROE
- 1%
- ROCE
- 5%
- Dividend yield
- 0.5%
- Debt / equity
- 0.72
- Sector
- Chemicals & Petrochemicals
- Industry
- Dyes And Pigments
- Listed on
- NSE, BSE
About
Sudarshan Chemical Industries Limited is an India-based global color and pigment manufacturer. The Company is engaged in supplying pigments and solvent dyes for coatings, plastics, printing and digital printing, cosmetics, and special applications. The Company operates through two segments: Pigments, and Others. The Pigments segment produces and sells a range of organic, inorganic, effect pigments, and dispersions primarily for paints, plastics, inks, and cosmetics industries. The Others segment comprises of project engineering and manufacturing business of grinding solutions, clean air solutions, power handling solutions, and others. It offers a complete palette of colors for everyday use, durable colors and special effects. It provides a comprehensive range with a wide range of colors and effects for color cosmetics and personal care applications. The Company’s brands include Sudaperm, Sudafast, Sudacolor, Sudajet, Sudatherm, Sudasol, Sudanyl, Sumica, Sumicos, Prestige, and Sudacos.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Dyes And Pigments: 19 companies →Sudarshan Chemical 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)83.2 against a typical 15.3: pricier than most peers (1st = cheapest).18th of 19
- Sales growth+5.4% against a typical +29.6% from a year earlier.13th of 17
- Profit growth+87.3% against a typical +93.6% from a year earlier.8th of 14
- Share price, 3 months+7.1% against a typical +7.4%.11th of 19
- Size₹ 8,258.1 Cr. market value against a typical ₹ 252 Cr. (1st = largest).1st of 16
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by India Ratings- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND AA; IND A1+ | Positive | 19 Oct 2026 |
| CRISIL | — | — | 10 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 19 Oct 2026 | ▲ Outlook raised | IND AA Outlook Stable → Positive | Medium | India Ratings | ₹ 624.26 Cr. | |
| 10 Sep 2026 | Reaffirmed | — | — | CRISIL | ₹ 50 Cr. | |
| 16 Apr 2026 | Reaffirmed | — | — | CRISIL | ₹ 50 Cr. | |
| 20 Oct 2025 | Withdrawn | was IND AA | — | India Ratings | ₹ 756.15 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 12 Feb 2026 | Financial Results | To consider and approve the Unaudited Standalone and Consolidated Financial Results for the Quarter and Nine Months ended 31 December, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 23 Sep 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 25 Jul 2025 | Other business matters | To consider and approve audited financial results for the quarter and year ended 31st March 2025 and to consider recommending final dividend, if any |
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 | 601 | 566 | 764 | 634 | 696 | 666 | 1,349 | 2,507 | 2,387 | 2,103 | 2,790 | 2,642 |
| Expenses | 535 | 504 | 645 | 553 | 602 | 587 | 1,222 | 2,314 | 2,255 | 2,065 | 2,562 | 2,383 |
| Operating Profit | 66 | 62 | 119 | 81 | 94 | 79 | 127 | 192 | 132 | 38 | 227 | 259 |
| OPM % | 11% | 11% | 16% | 13% | 14% | 12% | 9% | 8% | 6% | 1.8% | 8% | 10% |
| Other Income | 6 | 4 | 3 | 4 | −6 | −26 | −38 | 33 | 38 | −24 | 32 | 32 |
| Interest | 10 | 9 | 8 | 7 | 9 | 11 | 21 | 44 | 44 | 36 | 41 | 40 |
| Depreciation | 35 | 35 | 36 | 36 | 37 | 37 | 57 | 99 | 97 | 101 | 50 | 93 |
| Profit before tax | 26 | 22 | 78 | 41 | 43 | 5 | 11 | 82 | 30 | −123 | 168 | 157 |
| Tax % | 32% | 34% | 26% | 28% | 30% | 89% | 97% | 33% | 35% | −6% | 51% | 34% |
| Net Profit | 18 | 15 | 58 | 29 | 30 | 1 | 0 | 55 | 19 | −116 | 82 | 103 |
| EPS in Rs | 2.58 | 2.11 | 8.38 | 4.25 | 4.32 | 0.07 | −0.52 | 6.01 | 1.49 | −14.67 | 10.01 | 12.22 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 21%
- 5 Years
- 39%
- 3 Years
- 62%
- TTM
- 90%
- 10 Years
- −12%
- 5 Years
- −33%
- 3 Years
- −25%
- TTM
- −19%
- 10 Years
- 12%
- 5 Years
- 15%
- 3 Years
- 34%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 5%
- 3 Years
- 3%
- 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.
| Sudarshan Chemical Industries | ₹ 1,079.50 | ₹ 8,258 Cr. | 83.2x | 2.4x | 1% | — |
| 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
- Rajesh Balkrishna Rathi
- Executive Chairman of the Board, Managing Director
- Nilkanth J. Natu
- Chief Financial Officer
- Mandar M. Velankar
- Compliance Officer, General Counsel, Company Secretary
- Ashish V. Vij
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.