Resonance Specialties Ltd.
Snapshot View

182.40 +8.70 ▲5.0%

23 July 2021, 04:00:00 P.M.
Volume: 62,344

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Chemicals Compare with Industry peers
Website http://www.resonancesl.com
Financial Indicators
Market Cap 209.75 Cr.
Earnings per share (EPS) 9.12 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 19.93 Trailing Twelve Months Ending 2021-03
Industry PE 48.55 Trailing Twelve Months Ending 2021-03
Book Value / Share 30.35 Trailing Twelve Months Ending 2021-03
Price to Book Value 5.99 Calculated using Price: 181.70
Dividend Yield 0.55 Period Ending 2020-03
No. of Shares Subscribed 1.15 Cr. 11,544,000 Shares
FaceValue 10
Company Profile

Resonance Specialties incorporated in 1989 is a pioneer in Pyridine chemistry and one of the few manufacturers of the product in the world. The company, formerly known as Armour Polymers Limited, was the first in India to manufacture Pyridines. Resonance is also one of the largest manufacturers of Lutidines in the world.Despite the fact that these technologies are available only with a select few companies worldwide, Resonance was able to innovate and commercialise production with its own technology.

The company is promoted by Dr Atma. B. Gupta, a technocrat with a doctorate from the University of New York, and several years of post doctorate research in USA.

The company produces a range of value added products and continues to be the largest manufacturer and exporter of products like Alpha Picolinic acid and Dipicolinic acid. Resonance has exclusive supply arrangements with global industry leaders.

In 1994, just two years after the commissioning of the Pyridine and Picoline plants, the company repeated its pioneering feat. It became the first company in India to manufacture Cyanopyridines. This successful effort brought company recognition from the government of India for technological excellence. Resonance is also the first in India to manufacture various Collidines. True to its ethos, products manufactured by the company are comparable to the world’s best. The company employs green manufacturing to minimise its ecological impact and is able to deliver products that meet and surpass customer expectations and standards. Many of their innovative processes improve the yield; enhance the efficiency of manufacturing as well as the quality of the product.

Resonance products are exported to many countries worldwide through their supply agreements with many multinationals as well as through direct exports.In the company, quality is a way of life and it adhere to a stringent regimen to ensure the quality of their products.Every raw material is thoroughly tested and quality is monitored through the entire manufacturing process up to the final packaging.

Product range of the company includes:

  • Pyridines
  • Picolines
  • Cyanopyridines
  • Lutidines
  • Collidines
  • Active Pharmaceutical Ingredients (APIs)
  • Drug Intermediates

These products cater to the requirements of various industries.

  • Pyridine is a versatile chemical used in the manufacture of  agrochemicals,pharmaceuticals & bulk drugs, dyes, rubber chemicals, etc
  • Alpha Picoline is used in the Vinyl Latex Rubber.
  • Beta Picoline is used in the manufacture of Vitamin B3.
  • Gamma Picoline is used in the pharmaceutical industry for the manufacture of an anti-tuberculosis drug, Isoniazid

Resonance products are exported to many countries worldwide through its supply agreements with many multinationals as well as through direct exports.

Achievements/ recognition

The promoter of the company is the proud recipient of the Government of India award for technological excellence when he set up the first Cyanopyridines plant in India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+5.01%
1 Week
+6.02%
1 Month
+21.52%
3 Month
+36.07%
6 Month
+24.29%
1 Year
+248.42%
2 Year
+373.77%
5 Year
+553.76%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -3.61 3.10 6.79 8.20 7.24 5.80 -3.86 16.66 24.04
Return on Capital Employed (%) -0.07 7.58 8.79 10.41 11.37 8.62 3.14 25.29 31.81
Return on Assets (%) -1.58 1.39 3.05 3.72 3.56 2.85 -1.81 8.54 13.76

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 21 21 21 21 23 24 23 26 31
Non Curr. Liab. 3 3 3 1 1 1 2 2 2
Curr. Liab. 8 9 10 12 8 15 12 10 9
Minority Int.
Equity & Liab. 32 33 34 35 32 40 37 38 42
Non Curr. Assets 19 17 16 15 15 17 17 16 17
Curr. Assets 13 16 18 20 17 23 20 22 25
Misc. Exp. not W/O
Total Assets 32 33 34 35 32 40 37 38 42

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 36 40 45 38 39 34 36 40 55
Other Income 0 0 0 1 0 1 1 1 2
Total Income 36 40 46 39 39 35 37 42 57
Total Expenditure -35 -37 -43 -37 -36 -32 -35 -35 -47
PBIDT 1 3 3 2 3 3 2 6 10
Interest -1 -1 -1 -1 -1 0 -1 -1 0
Depreciation -1 -1 -1 -1 -1 -1 -1 -1 -1
Taxation 0 0 0 0 0 0 -1 -2 -1
Exceptional Items 0 0 1 0 0 -1
PAT -1 0 1 1 1 1 -1 3 6

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 1 1 2 1 3 1 2 5 1
Cash Fr. Inv. 0 0 0 -1 -3 -1 -1 -2
Cash Fr. Finan. 0 -1 -1 -2 -2 2 -1 -4 1
Net Change 0 0 1 -1 0 0 0 1 1
Cash & Cash Eqvt 1 0 2 1 1 1 1 2 3

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 64.72 64.71 64.72 64.72 64.72 8.07 62.31 62.31 62.31
Public 35.28 35.29 35.28 35.28 35.28 91.93 37.69 37.69 37.69
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Shareholding for the Period Ended June 30 2021
Resonance Specialties Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 16 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Notice for prior intimation of 32nd AGM of the Company
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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