Sudarshan Chemical Industries Ltd.
Snapshot View

442.95 -17.25 ▼-3.8%

25 May 2022, 04:01:00 PM
Volume: 14,380

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Dyes & Pigments Compare with Industry peers
Website http://www.sudarshan.com
Market Cap 3,091.34 Cr.
Enterprise Value(EV) 3,822.59 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 20.04 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 22.10 Trailing Twelve Months Ending 2021-12
Industry PE 13.06 Trailing Twelve Months Ending 2021-12
Book Value / Share 113.38 Trailing Twelve Months Ending 2021-12
Price to Book Value 3.91 Calculated using Price: 442.95
Dividend Yield 2.75 Period Ending 2021-03
No. of Shares Subscribed 6.92 Cr. 69,227,250 Shares
FaceValue 2
Company Profile

Sudarshan Chemical Industries company was incorporated on February 19, 1951 at Pune as a private limited company and converted into a public limited company on December 31, 1974. Sudarshan Chemical Industries is owned by the Rathi group of companies and accounts for 70% of the Rathi group sales revenue each year. The company makes all its products in-house on its own production plants in Roha and Mahad, in the Maharastra state of India.Its extensive range of products includes organic and inorganic pigments, mica-based effect pigments, chemical intermediates and pesticides.  They have a continuous R&D programme, with technologists working on new and customised solutions.

It was the first chemical company in India to be awarded the ISO 9001 certificate in 1993 and continuously evolve and improve itself throughout to maintain high quality standards at every level of the company. It is also accredited with ISO 14001, ISO 18000 and ISO 17025 international quality standards. In order to improve the customer service, they have implemented many planning tools like SAP and CRM that connect factories, branch offices and depots. Supply chain solutions are currently being implemented to further increase the value of their goods.

Business area of the company

Sudarshan manufactures an extensive range of Organic, Inorganic and Pearlescent pigments and dispersions catering to the Coatings, Plastics, Inks and Cosmetics Industries worldwide. Sudarshan also manufactures agrochemicals.

Products

Sudarshan’s product portfolio includes recognized brands like Sudaperm, Sudafast, Sudacolor, Sumica and Sumicos.

Color product

  • Plastics
  • Industrial coatings
  • Decorative paints
  • Powder castings
  • Liquid inkss
  • Offset inks
    Textile
  • Cosmetics

Effect product

  • Industrial coatings
  • Powder castings
  • Offset inks
  • Textile
  • Cosmetics
  • Architectural coatings
  • Automotive coatings
  • Leather coatings
  • Seed coatings
  • Bead coatings

Awards & Accolades

2017-18

  • India CSR Award CSR community Initiative Sustainable Village Waste Management, Environment
  • ECGC Indian Exporters Excellence Award 2017 under the category ‘Most Socially Responsible Exporter’.
  • Best Employer Brand Innovation in Recruitment
  • Award from the National Safety Council, Maharashtra Chapter
  • Dyestuff Manufacturers Association of India Award for Excellent Performance in the field of Pollution Control, Large Scale
  • Dyestuff Manufacturers Association of India Award for the Second for Excellent Performance in the field of Safety & Hazard control by a Large Scale Unit
  • Dyestuff Manufacturers Association of India Award for Energy Conservation Initiative

2018-19

  • Global CSR Award 2019 in Gold Category for an outstanding achievement in implementing CSR programme for strengthening core business with Social commitment
  • Global Waste Management Award
  • Golden Peacock HR Excellence Award
  • DMAI Award for Energy Conservation

2019-20

  • Appreciation Award By Rotary for CSR activities in Roha
  • Appreciation Award from the Government of Maharashtra by Dy. CM. Ajit Pawar
  • CSR Award from International lions Club 2020
  • Global CSR Award 2020 in Platinum Category - represented case study on Paper Bag Project - Sustainable Livelihood Initiatives for Women
  • CII HR Excellence Award
  • Certified Great Place to Work

Milestones

  • 1951: Established as Sudarshan Chemical Industries Private Limited
  • 1952: Started its first manufacturing facility in Swargate, Pune
  • 1961: Began manufacturing of Organic pigments
  • 1967: Started exporting globally
  • 1968: Built a new plant at Wellesley Road in Pune
  • 1973: Established manufacturing facility at Roha
  • 1976: Got listed on BSE
  • 1989: Collaboration with world leader, DIC, Japan
  • 1993: Became the first Indian chemical company to receive ISO 9001 certificate
  • 1994: Commenced manufacturing plant in Mahad for Pthalos and Effect pigments
  • 1999: Introduced SAP across all its functions
  • 2006: Achieved a net revenue of Rs 400 crore. Established a state-ofthe-art technology R&D centre at Sutarwadi
  • 2007: Established subsidiary Sudarshan Europe BV
  • 2009: Expanded its footprints in the USA, incorporation of Sudarshan North America
  • 2010: Received Sword of Honour from the British Safety Council
  • 2014: Achieved a net revenue of Rs 1,000 crore
  • 2017: Certified as ‘Dream Company to work for’ in chemical sector
  • 2017: Started co-gen plant
  • 2018: Established Sudarshan Mexico
  • 2018: Invested in renewable source of energy such as windmill, solar energy
  • 2018: Became number 4 in Pigment industry
  • 2019: Sudarshan established laboratory in Germany
  • 2020: Established Sudarshan Japan K.K

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-3.75%
1 Week
-13.17%
1 Month
-13.86%
3 Month
-19.00%
6 Month
-23.68%
1 Year
-33.88%
2 Year
+21.51%
5 Year
+21.06%
10 Year
+884.33%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 11.06 16.47 22.48 24.25 29.17 20.64 26.81 24.74 21.01
Return on Capital Employed (%) 10.73 15.10 16.54 18.84 21.93 18.73 24.92 19.27 17.13
Return on Assets (%) 2.41 3.44 5.01 5.91 7.81 6.14 8.96 8.22 6.68

Balance Sheet View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 254 271 263 314 381 440 568 601 744 749
Non Curr. Liab. 367 334 335 415 302 315 329 510 665 445
Curr. Liab. 377 431 536 504 679 645 720 790 916 901
Minority Int.
Equity & Liab. 998 1,037 1,134 1,233 1,362 1,400 1,617 1,901 2,325 2,094
Non Curr. Assets 481 465 488 549 618 583 667 982 1,236 1,089
Curr. Assets 517 571 646 684 744 816 950 919 1,089 1,005
Misc. Exp. not W/O
Total Assets 998 1,037 1,134 1,233 1,362 1,400 1,617 1,901 2,325 2,094

Profit Loss View Details

Particulars 10 years 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 873 1,119 1,218 1,409 1,499 1,646 1,674 1,709 1,864 2,150
Other Income 7 4 24 14 19 13 8 5 17 7
Total Income 880 1,122 1,242 1,423 1,518 1,659 1,682 1,713 1,881 2,157
Total Expenditure -793 -987 -1,088 -1,240 -1,295 -1,439 -1,462 -1,461 -1,584 -1,875
PBIDT 87 135 154 184 223 220 220 252 297 282
Interest -34 -43 -41 -37 -33 -31 -21 -16 -20 -18
Depreciation -26 -37 -42 -48 -52 -62 -67 -74 -87 -86
Taxation -4 -20 -17 -29 -37 -42 -69 -35 -49 -39
Exceptional Items 72 17
PAT 22 35 54 70 101 85 135 145 141 139
Minority Interest
Share Associate
Other Related Items
Consolidated Net Profit 22 35 54 70 101 85 135 145 141 139
Adjusted EPS 3 5 8 10 15 12 20 21 20 20

Cash Flow View Details

Particulars 10 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. 52 25 48 112 164 163 148 71 263 165
Cash Fr. Inv. -87 -120 -28 -61 -83 -135 -87 -27 -220 -266
Cash Fr. Finan. 59 101 -48 -43 -81 -38 -62 -48 -39 108
Net Change 23 7 -27 8 0 -10 -2 -3 3 8
Cash & Cash Eqvt 37 41 13 22 21 10 8 5 8 16

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 42.66 42.66 42.66 40.03 40.03 39.57 35.73 35.73 35.82
Public 57.34 57.34 57.34 59.97 59.97 60.43 64.27 64.27 64.18
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

Mon, 23 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Analysts / Institutional Investors Conference Call
Fri, 20 May 2022
Board to consider Final Dividend
With reference to the earlier letter dated May 17 2022 informing that the meeting of the Board of Directors of the Company is scheduled to be held on May 26 2022 inter alia to consider and approve the Audited Financial Results (Stand-alone and Consolidated) for the quarter and year ended March 31 2022.

Sudarshan Chemical Industries Ltd has now informed BSE that the Board may also consider and recommend Final Dividend on Equity Shares if any for the year ended March 31 2022 at the aforesaid Board Meeting subject to approval of Shareholders at the ensuing Annual General Meeting.

Further as communicated earlier pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations 2015 as amended from time to time and as per the Companys "Code of Conduct to Regulate Monitor and Report Trading by Insiders" the trading window for dealing in the securities of the Company has been closed from April 01 2022 up to forty-eight hours after announcement of the Audited Financial Results (Stand-alone and Consolidated) for the quarter and year ended March 31 2022 i.e. up to May 28 2022 (both days inclusive) for trading by all designated persons including their immediate relatives unless communicated otherwise.
Fri, 20 May 2022
Update on board meeting
SUDARSHAN CHEMICAL INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 inter alia to consider and approve Update on board meeting

Technical Scans View Details

Wed, 25 May 2022
Closing Below Previous Low Closing Below Previous Low
Making Lower Lows for 3 days Making Lower Lows for 3 days
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months

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