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Kothari Petrochemicals Limited

Kothari Petrochemicals Limited

KOTHARIPET.NS
Kothari Petrochemicals LimitedIN flagNational Stock Exchange of India
130.41
INR
-7.01
- -
7.67BMarket Cap
Kothari Petrochemicals Limited
KOTHARIPET.NS
(National Stock Exchange of India)

Recent

price

130.41

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
25.2
27.43
40.34
57.28
47.62
36.3
37.23
33.02
50.81
46.3
38.38
64.53
81.4
100.63
98.07
- -
100.59
Revenue per Share
1.2
0.73
0.88
1.34
2.03
1.56
0.99
1.63
2.07
3.11
3.83
5.59
6.66
10.84
11.18
- -
12.33
Basic EPS, GAAP
1.29
2.45
0.04
0.26
1.69
2.09
-2.38
-2.42
3.06
4.07
4.28
-0.33
4.45
12.15
9.98
- -
- -
Free Cash Flow per Basic Share
- -
- -
0.88
1.17
1.2
1.2
0.25
0.25
0.75
0.5
- -
- -
0.5
1.5
1
- -
- -
Dividend per Share
10.15
10.29
10.3
10.47
11.08
11.33
12.04
13.36
14.53
17.03
20.92
26.48
32.64
41.9
52
- -
10.07
Book Value per Share
10.14
10.29
10.3
10.45
11.11
11.33
12.04
13.35
14.45
16.83
20.73
26.34
32.53
41.75
51.9
- -
63.22
Tangible Book Value per Share
59
59
59
59
59
59
59
59
59
59
59
59
59
59
59
- -
59
Basic Weighted Avg Shares
1,483
1,614
2,374
3,371
2,802
2,136
2,191
1,943
2,990
2,724
2,258
3,797
4,790
5,922
5,773
5,914
5,914
Sales/Revenue/Turnover
5.91
4.37
2.29
3.12
5.82
5.9
4.05
7.3
5.56
8.1
12.61
11.83
10.54
14.94
12.44
14.99
14.99
Operating Margin (%)
28
17
25
20
25
27
31
36
45
55
55
55
66
76
84
85
85
Depreciation Expense
71
43
52
79
119
92
58
96
122
183
225
329
392
638
658
725
725
Net Income, GAAP
20.62
34.11
29.49
33.9
- -
- -
- -
33.82
23.63
24.72
28.38
28.62
29.04
32.92
19.94
25.09
25.09
Effective Tax Rate (%)
4.77
2.66
2.19
2.34
4.26
4.3
2.65
4.93
4.08
6.73
9.98
8.66
8.18
10.77
11.4
12.26
12.26
Profit Margin (%)
267
86
159
131
162
87
148
-9
-48
95
334
578
916
1,164
754
800
800
Working Capital
- -
53
- -
- -
- -
- -
91
105
53
21
23
87
155
- -
22
14
14
LT Debt
597
606
606
615
654
667
708
786
855
1,002
1,231
1,558
1,921
2,465
3,062
3,723
3,723
Total Equity
11.77
7.03
5.5
9.4
- -
- -
- -
8.64
11.29
15.04
17.37
21.72
18.69
25.72
20.61
19.34
19.34
Return on Invested Capital (%)
11.97
6.48
7.48
11.56
- -
- -
- -
9.52
12.74
17.89
19.53
22.45
21.26
27.81
24.01
39.42
39.42
Return on Capital (%)
12.22
7.13
8.59
12.92
18.82
13.93
8.45
12.81
14.85
19.74
20.19
23.58
22.52
29.08
23.82
39.68
39.68
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
8
- -
9
LT Borrowings
- -
- -
- -
LT Finance Leases
18
- -
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
- -
59
Market Capitalization
8,109
7,668
5,592

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,244
- -
1,339
Cash, Cash Equivalents & STI
323
- -
409
Accounts Receivable, Net
419
- -
614
Inventories
421
- -
267
Total Current Liabilities
577
- -
539
Payables & Accruals
- -
- -
- -
ST Debt
8
- -
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19%
24.79%
21.59%
Free Cash Flow
-177.19%
-274.23%
36.99%
Net Income, GAAP
26.99%
28.23%
10.14%
Sales/Revenue/Turnover
13.7%
23.57%
2.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,487
1,615
1,249
1,642
5,922
2025
1,449
1,496
1,313
1,529
5,773
2026
1,607
1,430
1,348
1,529
5,914

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.66
3.15
2.45
- -
10.84
2025
3.29
2.77
2.18
2.94
11.18
2026
2.99
3.13
3.18
3.03
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
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Business
Kothari Petrochemicals Limited operates as a leading manufacturer of polyisobutylene (PIB) in India, offering a diversified portfolio of PIB products under various grades such as KVIS 10, KVIS 20, KVIS 30, KVIS 100, KVIS 150, and KVIS 200. These products serve multiple industrial applications including lubricants, adhesives, sealants, caulks, polymer modification, construction chemicals, rubber, optical fiber, and miscellaneous industries. The company sources raw materials primarily from partners like Chennai Petroleum Corporation Limited (CPCL) and Reliance Industries Limited (RIL). Its operations are centered in India with a production facility located in Manali, Chennai, which has an annual production capacity of approximately 48,000 tonnes of PIB. Kothari Petrochemicals also caters to domestic and international markets with customers such as major lubricant manufacturers, oil marketing companies, and industrial sectors involved in plastic, paint, and rubber production. Founded in 1989 and headquartered in Chennai, Tamil Nadu, Kothari Petrochemicals evolved from its initial business focus on caustic soda manufacturing to concentrate on PIB production following a merger in 2006. Recently, the company has undertaken significant strategic expansion by approving a ₹74 crore acquisition of land in Andhra Pradesh to support its long-term growth plans. This move aligns with the company’s efforts to expand production capacity and diversify its product offerings, including developing higher molecular weight PIB grades and variants beyond its main product lines. Despite a slight dip in profit margins due to raw material mix changes, Kothari Petrochemicals registered increased revenue in fiscal 2024, producing 40,782 tonnes of PIB compared to 32,640 tonnes the previous year, meeting about 91% of India’s conventional PIB demand. The company operates nearly debt-free and maintains strong credit ratings, reinforcing its stable financial position and growth trajectory. In summary, Kothari Petrochemicals Limited manufactures and sells diverse grades of polyisobutylene for lubricant, adhesive, sealant, rubber, and other industrial applications primarily in India, with expanding operations including planned new facilities. The company’s recent strategic land acquisition and capacity augmentation efforts mark key developments aimed at scaling production and product diversification to consolidate its leadership in the domestic and export markets of petrochemical intermediates. It serves a broad customer base comprising major oil and lubricant companies and industrial manufacturers across India and abroad. The company maintains stable financial health with demonstrated revenue growth and strategic expansion initiatives through 2024-2025.