MarketFriction

Multibase India Ltd

BSE 526169 · Specialty Chemicals
₹168.95 -2.76%
BSE close2026-10-01
Market cap₹214 Cr.
P/E18.6

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue from operations16.2615.7414.6519.2318.4217.1515.9516.7618.5313.5317.7620.96
Operating costs15.1713.6011.4815.6314.4114.7811.1514.3115.159.6715.9817.25
EBITDA1.092.143.173.604.012.374.802.453.383.861.783.71
EBITDA margin %6.70%13.60%21.64%18.72%21.77%13.82%30.09%14.62%18.24%28.53%10.02%17.70%
Depreciation & amortisation0.200.250.260.270.280.290.300.240.280.290.350.30
Finance costs-0.00-0.000.08-0.00-0.00-0.000.01-0.00-0.00-0.00-0.00-0.00
Non-operating income1.781.882.451.932.021.130.980.870.770.841.160.95
Pre-tax profit2.673.775.285.265.753.215.473.083.874.412.594.36
Effective tax rate %24.72%27.06%25.38%25.48%25.39%25.86%25.41%25.32%25.84%25.62%22.78%23.17%
Profit after tax2.012.763.953.924.292.384.072.302.863.281.993.36
Earnings per share (Rs)1.592.193.133.113.401.893.231.822.272.601.582.66
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations70861091106053627265716771
Operating costs566880905347566356565558
EBITDA14192920777108151113
EBITDA margin %20%22%26%18%11%13%11%13%13%21%17%18%
Depreciation & amortisation111111111111
Finance costs000000000000
Non-operating income222344358644
Pre-tax profit15203022101091315201415
Effective tax rate %35%35%35%30%24%32%27%26%26%26%25%
Profit after tax101320158761011151011
Earnings per share (Rs)7.8310.5215.4912.175.975.325.027.768.8411.618.269.11
Paid out as dividend %-0%-0%-0%-0%-0%38%20%26%34%457%-0%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR-1%4%-3%4%
Profit CAGR1%9%2%-12%
Share price CAGR-4%-7%-9%-30%
Average return on equity12%9%11%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)589101011101111121313
Capital work in progress000000-000-0-00
Investments-0-0-0-0-0-0-0-0-0-0-0-0
Current & other assets4251681061011061151191261337791
Total assets47597711611111712613013714490104
Share capital131313131313131313131313
Reserves & surplus2938527187941011051131226676
Total debt-0-0-0-0-0-0-0-0-0-0-0-0
Other liabilities & provisions6812321210121211101115
Equity + liabilities47597711611111712613013714490104
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow7752552010595613
Investing cash flow-974-3032-0213431
Free cash flow (after capex)643234199383411
Financing cash flow-0-0-0-0-1010-0-2-1-3-71-0
Net change in cash-1148-52631123106-6214
Cash conversion (OCF / EBITDA) %105%89%57%128%59%347%166%101%128%106%71%138%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %29%33%35%40%24%10%9%8%11%12%19%17%
Receivable days606781806171776458515274
Inventory days84106128132831061231036195125101
Payable days36526615743721017955544069
Cash cycle (days)1081201445610110698886491138106
Working capital days1051031217213198907862779176
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
Foreign investors %0.33%0.33%0.33%0.17%0.17%0.17%0.00%0.00%0.00%0.00%0.00%0.00%
Retail & others %24.67%24.68%24.66%24.82%24.83%24.82%25.00%25.00%25.00%25.00%25.00%25.01%
Shareholder count8,5788,6558,6379,1379,24217,55719,51619,91519,85519,75520,29519,909

Fundamentals

Market value₹ 214 Cr.
Last price₹ 169
P/E (trailing)18.6
Book value / share₹ 70.5
Return on capital16.7 %
Return on equity12.5 %
Dividend yield31.3 %
Face value₹ 10.0
Revenue CAGR (TTM)4%
Profit CAGR (TTM)-12%
Standalone figures.
Valuation
Market capRs 213 Cr
Enterprise valueRs 149 Cr
P/E (TTM)18.56x
Price to book2.40x
Price to sales3.01x
EV / EBITDA9.02x
EV / EBIT9.74x
EV / sales2.10x
Price to cash flow16.95x
Earnings yield5.39%
P/E, 3-year average23.28x
P/B, 3-year average2.97x
P/E, 5-year average26.11x
P/B, 5-year average2.54x
Profitability
Operating margin (excl. other income)17.26%
Operating margin (incl. other income)22.74%
EBITDA margin23.28%
Pre-tax margin21.52%
Net profit margin16.23%
Net margin, latest quarter16.03%
ROE12.46%
ROCE16.69%
ROA10.76%
ROE, 3-year average11.59%
ROCE, 3-year average15.60%
ROA, 3-year average10.40%
ROE, 5-year average9.66%
ROCE, 5-year average13.05%
ROA, 5-year average8.70%
ROIC (approx.)46.79%
Tax rate25.18%
Other income / net worth4.10%
Growth
Sales growth (latest year)-5.91%
Profit growth (latest year)-28.81%
Sales CAGR, 3 years-2.68%
Sales CAGR, 5 years4.49%
Profit CAGR, 3 years2.13%
Profit CAGR, 5 years9.19%
Sales growth QoQ18.02%
Profit growth QoQ68.84%
Sales growth YoY (latest quarter)25.06%
Profit growth YoY (latest quarter)46.09%
Per share
EPS (TTM)Rs 9.10
EPS (latest year)Rs 8.26
EPS (latest quarter)Rs 2.66
EPS, 3-year averageRs 9.57
EPS, 5-year averageRs 8.30
Book value per shareRs 70.46
Sales per shareRs 56.09
Cash flow per shareRs 9.97
Dividend per share, 3-year averageRs 28.00
Dividend per share, 5-year averageRs 14.75
Dividends
Dividend payout, 3-year average245.29%
Dividend payout, 5-year average134.05%
Efficiency
Asset turnover0.64x
Fixed asset turnover5.18x
Inventory turnover3.76x
Inventory days97 days
Debtor days74 days
Debtors turnover4.92x
Leverage
Cash and bankRs 65 Cr
Net debtRs -65 Cr
Net debt / EBITDA-3.92x
Interest coverage508.67x
Owners' fund to total sources85.38%
Cash flow
Operating cash flow (latest year)Rs 13 Cr
Investing cash flow (latest year)Rs 1 Cr
Net change in cash (latest year)Rs 14 Cr
Sales to cash flow5.29x
Statement figures
Net sales (TTM)Rs 71 Cr
Net sales (latest year)Rs 67 Cr
Sales (latest quarter)Rs 21 Cr
Operating profit excl. other income (latest year)Rs 11 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 16 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 15 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 10 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 45 Cr
Total expenditure (latest year)Rs 55 Cr
Total income (latest year)Rs 70 Cr
Share capitalRs 13 Cr
ReservesRs 76 Cr
Shareholders' fundsRs 89 Cr
Total assetsRs 104 Cr
Net blockRs 13 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 14 Cr
InventoryRs 12 Cr
Other liabilitiesRs 15 Cr
Shares outstanding (crore)1.26
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 18.6 is at the 12th percentile of its own 9.4-year range (median 29.9, low 7.1, high 68.2).
P/B 2.40 is at the 43th percentile (median 2.54).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period526169Nifty 50Difference
1 week-1.3%-2.8% +1.5 pts
1 month-2.4%-6.8% +4.4 pts
3 months-6.6%-7.6% +1.0 pts
3 years-23.8%+14.2% -38.0 pts
5 years-30.4%+27.9% -58.3 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew 34% vs sales -6% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹21 Cr +25.1% vs Jun 2025. Net profit ₹3 Cr +46.1%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Multibase India Ltd?

Multibase India Ltd (526169) has a market capitalisation of Rs 214 Cr. at the 2026-10-01 close.

What is the P/E ratio of Multibase India Ltd?

Multibase India Ltd trades at a P/E of 18.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Multibase India Ltd's latest quarterly results?

In the Jun 2026 quarter, Multibase India Ltd sales was Rs 21 Cr (+25.1% vs Jun 2025) and net profit was Rs 3 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03