Chembond Material Technologies Limited

Chembond Material Technologies Limited

172.25
INR
-10.90
(-5.95%)
15.53EPS
11.93P/E
2.49BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
206.04
225.38
202.94
215.42
242.99
223.39
198.5
203.01
258.4
326.53
132.02
147.87
185.38
212.96
Basic EPS, GAAP
5.83
9.29
115.04
14.37
16.34
12.88
1.39
15.13
10.35
18.66
8.31
13.06
9.59
15.51
Free Cash Flow per Basic Share
2.68
15.81
-20.01
-0.74
-56.46
-15.96
3.02
15.35
-10.97
-10.18
61.89
11.23
-4.66
- -
Dividend per Share
3.05
3.94
8.93
- -
1.65
1.85
4
- -
2.25
5.07
3
3.5
1.75
- -
Book Value per Share
64.77
71.68
155.7
171.08
184.67
194.4
199.79
218.01
226.01
239.21
105.55
116.12
124.14
- -
Tangible Book Value per Share
59.13
66.21
150.62
166.05
138.68
146.86
143.52
161.86
169.96
183.5
105.28
115.91
123.76
- -
Basic Weighted Avg Shares
13
13
13
13
13
13
13
13
13
13
13
13
13
13
Sales/Revenue/Turnover
2,745
3,002
2,710
2,897
3,268
3,004
2,669
2,730
3,475
4,391
1,775
1,989
2,493
2,865
Operating Margin (%)
6.69
8.08
4.29
4.67
6.39
8.02
3.39
6.49
3.97
7.42
2.23
5.8
6.23
9.18
Depreciation Expense
28
43
35
38
41
42
43
46
45
45
29
26
35
40
Net Income, GAAP
78
124
1,537
193
220
173
19
203
139
251
112
176
129
209
Effective Tax Rate (%)
39.39
28.99
19.69
24.35
15.54
18.72
60.91
28.46
31.9
25.85
33.05
9.76
16.91
30.1
Profit Margin (%)
2.83
4.12
56.69
6.67
6.72
5.77
0.7
7.45
4.01
5.71
6.3
8.83
5.17
7.28
Working Capital
519
529
1,014
1,292
812
1,142
1,158
1,253
1,396
1,425
543
558
704
- -
LT Debt
97
20
8
4
5
5
7
6
7
8
10
- -
- -
- -
Total Equity
989
1,080
2,219
2,472
2,500
2,655
2,739
2,944
3,053
3,231
1,432
1,562
1,669
- -
Return on Invested Capital (%)
7.41
11
86.83
4.07
6.07
6.53
1.09
3.56
3.33
7.56
2.7
7.52
6.94
- -
Return on Capital (%)
6.8
9.62
83.76
6.68
8.14
5.72
0.32
7.15
4.66
7.98
4.88
11.68
7.96
- -
Return on Common Equity (%)
9.25
13.62
101.08
8.81
9.19
6.8
0.71
7.24
4.66
8.02
4.82
11.78
7.98
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
42
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
2,193
1,432
2,488

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,218
- -
Cash, Cash Equivalents & STI
- -
300
- -
Accounts Receivable, Net
- -
529
- -
Inventories
- -
198
- -
Total Current Liabilities
- -
514
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
42
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.08%
-6.05%
6.9%
Free Cash Flow
658.81%
-221.95%
-141.52%
Net Income, GAAP
82.59%
4.75%
-26.6%
Sales/Revenue/Turnover
3.42%
6.29%
25.37%
Total Cash Common Dividend
- -
- -
-50%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
463
498
530
522
1,989
2026
654
- -
629
718
2,493
2027
865
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.48
4.68
2.41
2.5
13.06
2026
4.66
- -
1.18
2.59
9.59
2027
7.08
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.5
2026
- -
- -
- -
- -
1.75
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sameer Vinod Shah
Full Time Employees
292
Sector
Process industries
Industry
Chemicals: major diversified
Address
Chembond Centre Mumbai MA India 400710
IPO Date
May 15, 1995
Business
Chembond Material Technologies Limited engages primarily in the specialty chemicals sector, providing industrial chemical solutions focused on surface treatment, bonding, sealing, adhesives, and coatings. The company manufactures a comprehensive product range including metal treatment chemicals for surface preparation and corrosion resistance; automotive sealants; engineering adhesives; industrial and high-performance coatings; paint booth solutions; and maintenance, repair, and overhaul (MRO) products. Additionally, Chembond offers lubricants for the wire and seamless tube drawing industries, anti-corrosive coatings for harsh environments, construction chemicals such as concrete admixtures, sealants, waterproofing compounds, grouts, and water management plants including demineralized water filtration and reverse osmosis systems. These products serve automotive OEMs and component manufacturers, steel, appliance, engineering, construction, and general industrial sectors across India and internationally. Founded in 1974 and headquartered in Mumbai, India, Chembond Material Technologies operates through various business segments, including metal chemical treatment, coatings, sealants, adhesives, construction chemicals, and water treatment. In 2024-2025, the company underwent a significant corporate restructuring involving a spin-off and demerger of its construction chemicals and water technologies businesses into a newly named entity, Chembond Chemicals Limited, thereby refining Chembond Material Technologies Limited’s focus on metal treatment chemicals, sealants, coatings, industrial adhesives, and biotechnology businesses. This restructuring was approved by regulatory authorities and shareholders by early 2025 and completed by May 2025, leading to two distinct listed companies aligned along their specialized product lines. Recent developments include strategic collaborations such as an agreement with SKW Trostberg AG, Germany, to enhance its construction chemicals portfolio, although this part of the business now resides with the separated Chembond Chemicals Limited. The company has also expanded its product offerings with speciality chemicals including anti-corrosive coatings and advanced water management solutions. Despite these efforts, Chembond Material Technologies has experienced financial challenges in recent periods, with declining net sales and profitability in the fiscal year 2024-2025, reflecting pressures in the specialty chemicals market. The company maintains a low debt-to-equity ratio, indicating conservative financial management, and continues to focus on industrial customer segments seeking surface treatment, bonding, sealing, and coating solutions. Chembond Material Technologies Limited serves predominantly Indian markets with expanding presence in global industrial sectors, offering products critical to automotive manufacturing, steel processing, construction, water treatment, and general industry applications. The company’s evolving portfolio and recent corporate realignment reflect strategic focus on its core competencies in specialty metal surface treatment and chemical technologies while supporting growth through partnerships and product innovation. In summary, Chembond Material Technologies Limited manufactures specialty chemicals including metal treatment chemicals, adhesives, sealants, industrial coatings, construction chemicals, and water treatment solutions. The company recently completed the spin-off of its construction chemicals and water technologies divisions into Chembond Chemicals Limited, concentrating its operations on metal treatment and related specialty chemical products. It also entered a strategic collaboration with SKW Trostberg AG for construction chemicals before the demerger. The company, founded in 1974 and headquartered in Mumbai, faces market and financial challenges in 2024-2025 while maintaining a strong product presence in industrial chemical solutions across India and abroad.