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Bodal Chemicals Limited

Bodal Chemicals Limited

141.31
INR
-7.43
(-5.00%)
5.49EPS
11.39P/E
7.88BMarket Cap
Nov 18Next Earn
Bodal Chemicals Limited
NSE:BODALCHEM
(National Stock Exchange of India)

Recent

price

141.31

P/E

ratio

11.39

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
57.55
59.43
48.34
87.03
95.81
83.4
111.96
98.42
114.48
111.44
99.81
161.97
123.02
108.38
135.81
154.83
181.26
Revenue per Share
1.69
-2.88
-2.12
2.76
8.41
7.88
12.18
10.67
11.72
7.13
3.43
8.31
3.03
0.51
1.47
3.8
5.49
Basic EPS, GAAP
-5.24
-2.25
0.96
2.84
14.87
9.79
4.11
-19.28
3.09
-3.48
-15.63
-13.76
-3.81
-3.24
5.35
11.13
- -
Free Cash Flow per Basic Share
0.62
0.6
- -
- -
- -
0.71
0.36
0.47
0.8
1.59
- -
0.78
0.78
0.11
- -
- -
- -
Dividend per Share
7.91
5.33
4.58
8.24
16.63
21.44
33.24
57.04
67.88
76.13
80.23
85.92
85.79
86.04
87.73
91.91
- -
Book Value per Share
7.84
5.24
4.5
8.16
16.53
21.35
33.17
56.99
67.64
74.7
78.88
84.66
84.63
84.96
86.73
90.99
- -
Tangible Book Value per Share
100
103
109
109
109
109
109
115
122
122
122
125
126
126
126
126
125
Basic Weighted Avg Shares
5,727
6,137
5,275
9,496
10,453
9,099
12,215
11,303
13,988
13,617
12,209
20,314
15,445
13,629
17,096
19,500
22,671
Sales/Revenue/Turnover
8.15
-2.04
0.92
17.24
16.38
15.09
16.17
16.37
15.55
8.88
6.37
8.84
5.55
3.7
6.14
5.56
5.29
Operating Margin (%)
139
161
165
253
223
258
289
121
212
284
305
466
531
605
685
696
695
Depreciation Expense
168
-298
-232
302
918
860
1,329
1,226
1,432
872
420
1,042
380
65
185
478
687
Net Income, GAAP
33.09
- -
- -
35.26
34.08
34.12
34.78
33.19
35.13
14.51
28.2
30.54
25.18
- -
4.18
12.04
15.19
Effective Tax Rate (%)
2.93
-4.85
-4.39
3.18
8.78
9.45
10.88
10.84
10.24
6.4
3.44
5.13
2.46
0.47
1.08
2.45
3.03
Profit Margin (%)
-565
-941
130
1,101
686
394
890
1,893
2,050
2,635
2,608
3,263
2,295
1,191
1,310
1,728
- -
Working Capital
1,326
1,341
2,457
2,158
862
7
79
10
131
6
1,067
2,138
3,618
4,479
4,103
3,507
- -
LT Debt
793
587
504
899
1,815
2,339
3,644
6,981
8,303
9,379
9,860
10,524
10,777
10,822
11,048
11,575
- -
Total Equity
9.47
- -
- -
7.32
22.3
23.36
31.61
18.87
16.12
10.03
3.51
7.55
3.79
- -
4.57
5.74
- -
Return on Invested Capital (%)
9.67
- -
- -
14.42
26.45
25.51
33.85
19.48
17.08
9.96
4.45
8.7
3.96
- -
4.69
5.75
- -
Return on Capital (%)
24.6
-43.5
-42.81
43.14
67.64
41.4
44.56
23.13
18.76
9.9
4.39
10.25
3.57
0.6
1.69
4.23
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
4,625
- -
LT Borrowings
- -
3,402
- -
LT Finance Leases
- -
105
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
126
126
126
Market Capitalization
6,752
6,448
7,878

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
9,344
- -
Cash, Cash Equivalents & STI
- -
168
- -
Accounts Receivable, Net
- -
4,386
- -
Inventories
- -
3,236
- -
Total Current Liabilities
- -
7,616
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
4,625
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.08%
3.28%
4.77%
Free Cash Flow
-88.64%
-50.81%
108.23%
Net Income, GAAP
31.89%
69.26%
158.5%
Sales/Revenue/Turnover
10.77%
14.03%
14.06%
Total Cash Common Dividend
- -
- -
-19.67%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4,220
4,321
4,435
4,509
17,096
2026
4,542
4,805
4,896
5,880
19,500
2027
7,090
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.09
-0.02
0.43
1.15
1.47
2026
0.76
0.47
0.02
2.55
3.8
2027
2.41
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Bodal Chemicals Limited (BODALCHEM.NS), founded in 1986 and headquartered in Ahmedabad, Gujarat, India, manufactures and exports a broad portfolio of specialty chemicals, including dye intermediates such as vinyl sulphone, beta naphthols, H acid, and aminohydroxynaphthalene sulphonic acids; dyestuffs encompassing reactive dyes like blacks and acid dyes such as acid blacks and azo dyes; and sulphur and bulk chemicals comprising sulphuric acid, liquid sulphur trioxide (SO3), thionyl chloride, and trichloroisocyanuric acid (TCCA) for water purification. The company operates multiple integrated manufacturing units across Gujarat, including facilities in Ahmedabad (Units I-V), Panoli (Unit VI), Baroda (Unit VIII), and Saykha (Unit V), with annual production capacities exceeding 190,000 metric tons of chemicals, 30,000 metric tons of dye intermediates, and 17,000 metric tons of dyestuffs. Bodal Chemicals serves diverse industries worldwide, including textiles, leather, paper, agrochemicals, alumina, water treatment, detergents, food, and pharmaceuticals, positioning it as one of India's largest producers with vertically and horizontally integrated operations offering competitive production costs. Recent developments include the 2023 commencement of commercial production at Unit V in Saykha for expanded dyestuff and thionyl chloride capacities; prior amalgamations of Trion Chemicals Pvt Ltd in 2021 and SPS Processors Private Limited in 2022 to enhance dye intermediate capabilities; and in 2025, a strategic partnership with Shivtek Spechemi Industries Ltd via a memorandum of understanding for the sale of approximately 8 acres of land in Rajpura, Punjab, enabling chlorine offtake synergies and supporting Shivtek's new specialty chemical plant adjacent to Bodal's facility.