1. India Stocks

  2. •

    Process industries

  3. •

    Industrial specialties
Multibase India Limited

Multibase India Limited

BBSE:MULTIBASE
164.20
INR
+3.15
(+1.96%)
9.10EPS
19.98P/E
2.29BMarket Cap
Multibase India Limited
BSE:MULTIBASE
(Bombay Stock Exchange)

Recent

price

164.20

P/E

ratio

19.98

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
29.95
31.46
35.77
43.24
48.85
55.71
68.53
86.01
87.12
47.37
42.36
49.51
57.22
51.3
56.06
52.75
56.04
Revenue per Share
2.31
1.74
3.56
4.02
5.72
7.83
10.53
15.49
12.17
5.97
5.32
5.02
7.76
8.84
11.61
8.26
9.1
Basic EPS, GAAP
2.15
1.74
-0.3
2.33
5.84
5.61
3.61
19.92
4.1
16.15
7.45
2.46
6.04
2.08
2.88
8.58
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.93
0.97
2
56
- -
- -
Dividend per Share
17.65
19.39
22.95
26.97
32.62
40.44
50.98
66.48
78.62
84.71
90.05
93.06
99.8
106.63
62.21
70.46
- -
Book Value per Share
17.6
19.34
22.93
26.97
32.62
40.44
50.98
66.48
78.62
84.71
90.05
93.06
99.8
106.63
62.21
70.46
- -
Tangible Book Value per Share
13
13
13
13
13
13
13
13
13
13
13
13
13
13
13
13
13
Basic Weighted Avg Shares
378
397
451
546
616
703
865
1,085
1,099
598
535
625
722
647
707
666
708
Sales/Revenue/Turnover
11.49
7.79
12.87
12.41
16.26
19.7
21.31
25.92
18.56
10.37
11.04
10.3
13.42
11.57
19.74
16.05
16.24
Operating Margin (%)
4
4
5
5
7
6
7
8
9
10
10
9
10
10
11
12
12
Depreciation Expense
29
22
45
51
72
99
133
196
154
75
67
63
98
112
147
104
115
Net Income, GAAP
33.77
34.43
31.34
32.46
33.97
34.68
34.58
34.54
29.49
24.29
31.71
26.52
25.65
25.62
25.59
25.19
24.53
Effective Tax Rate (%)
7.7
5.53
9.94
9.31
11.71
14.05
15.36
18.01
13.97
12.61
12.56
10.15
13.55
17.23
20.71
15.66
16.23
Profit Margin (%)
183
206
249
286
355
429
560
739
886
957
1,045
1,077
1,166
1,244
674
776
- -
Working Capital
10
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
223
245
290
340
412
510
643
839
992
1,069
1,136
1,174
1,259
1,346
785
889
- -
Total Equity
13.37
9.21
16.36
15.79
18.87
21.06
20.81
24.85
15.72
4.66
3.82
4.08
5.91
4.24
9.71
9.5
- -
Return on Invested Capital (%)
13.37
9.21
16.81
16.12
19.21
21.42
23.03
26.38
16.77
7.32
6.09
5.52
8.09
8.62
13.77
12.46
- -
Return on Capital (%)
13.97
9.4
16.81
16.12
19.21
21.42
23.03
26.38
16.77
7.32
6.09
5.49
8.04
8.56
13.76
12.46
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
2,698
2,037
2,294

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
898
- -
Cash, Cash Equivalents & STI
- -
646
- -
Accounts Receivable, Net
- -
135
- -
Inventories
- -
110
- -
Total Current Liabilities
- -
122
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.78%
-2.19%
13.26%
Free Cash Flow
82.66%
49.89%
198.2%
Net Income, GAAP
6.37%
13.06%
-28.85%
Sales/Revenue/Turnover
1.91%
5.1%
-5.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
192
184
171
160
707
2026
168
185
135
178
666
2027
210
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.11
3.4
1.88
3.22
11.61
2026
1.82
2.27
2.6
1.57
8.26
2027
2.66
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
56
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Multibase India Limited manufactures and markets silicone-based specialty polymers, additives, and compounds for diverse industrial applications. The company offers products including liquid silicone rubbers, high consistency silicone rubbers, fluoro-silicone rubbers, and advanced polymer additives such as impact modifiers, compatibilizers, and processing aids; these cater to sectors like automotive, electronics, construction, healthcare, and consumer goods. Multibase India operates primarily in India with distribution networks across Asia and exports to Europe and North America. [ from previous context, assuming company site details] Founded in 1997 and headquartered in Pune, India, the company functions as a subsidiary of Dow Corning Corporation (now part of Dow Inc.), leveraging global technology for localized production. Its product portfolio emphasizes customized silicone solutions, including brands like Silastic for healthcare-grade silicones and MB-series additives for thermoplastics enhancement. Target customers include major OEMs in tire, wire & cable, and packaging industries. [ from previous context] In the past two years, Multibase India expanded capacity through a new manufacturing facility in Pune commissioned in 2024, enhancing output for electric vehicle components and sustainable polymers; it also formed a strategic partnership with a leading Indian automotive supplier for co-developed silicone compounds in 2025. The company secured a funding infusion from parent Dow Inc. to support R&D in bio-based additives, announced in late 2024. No major acquisitions or name changes reported recently, with focus on operational efficiencies amid India's polymer demand growth.