Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 45.43 | 40.06 | 39.85 | 41.26 | 47.82 | 42.84 | 41.38 | 43.28 | 46.17 | 45.52 | 46.75 | 44.00 |
| Expenses | 40.29 | 34.07 | 34.77 | 36.91 | 41.94 | 39.01 | 39.32 | 38.46 | 41.91 | 39.49 | 44.21 | 40.17 |
| Operating Profit | 5.14 | 5.99 | 5.08 | 4.35 | 5.88 | 3.83 | 2.06 | 4.82 | 4.26 | 6.03 | 2.54 | 3.83 |
| OPM % | 11.31% | 14.95% | 12.75% | 10.54% | 12.30% | 8.94% | 4.98% | 11.14% | 9.23% | 13.25% | 5.43% | 8.70% |
| Other Income | 0.52 | 0.26 | 0.59 | 0.32 | 0.58 | 0.30 | 1.17 | 0.30 | 0.65 | 0.44 | 0.54 | 0.45 |
| Interest | 0.09 | 0.13 | 0.23 | 0.12 | 0.09 | 0.07 | 0.23 | 0.19 | 0.23 | 0.22 | 0.20 | 0.11 |
| Depreciation | 1.76 | 1.84 | 1.75 | 1.63 | 1.66 | 1.84 | 1.73 | 1.61 | 1.65 | 1.83 | 1.74 | 1.53 |
| Profit before tax | 3.81 | 4.28 | 3.69 | 2.92 | 4.71 | 2.22 | 1.27 | 3.32 | 3.03 | 4.42 | 1.14 | 2.64 |
| Tax % | 33.07% | 25.23% | 26.02% | 28.77% | 25.05% | 20.72% | 44.09% | 25.30% | 27.06% | 24.66% | 64.91% | 22.73% |
| Net Profit | 2.54 | 3.20 | 2.73 | 2.08 | 3.53 | 1.76 | 0.71 | 2.48 | 2.21 | 3.32 | 0.40 | 2.05 |
| EPS in Rs | 1.83 | 2.31 | 1.97 | 1.50 | 2.54 | 1.27 | 0.51 | 1.79 | 1.59 | 2.39 | 0.29 | 1.48 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 98 | 112 | 107 | 123 | 135 | 109 | 136 | 161 | 167 | 173 | 181 | 182 |
| Expenses | 89 | 98 | 95 | 110 | 120 | 99 | 122 | 142 | 146 | 157 | 164 | 166 |
| Operating Profit | 8 | 14 | 12 | 14 | 15 | 10 | 14 | 19 | 21 | 16 | 18 | 17 |
| OPM % | 9% | 12% | 11% | 11% | 11% | 9% | 11% | 12% | 13% | 9% | 10% | 9% |
| Other Income | 0 | 1 | 1 | 2 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 2 |
| Interest | 7 | 6 | 5 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 6 | 7 | 6 | 6 | 7 | 6 | 6 | 8 | 7 | 7 | 7 | 7 |
| Profit before tax | -3 | 2 | 2 | 6 | 6 | 3 | 9 | 11 | 15 | 11 | 12 | 11 |
| Tax % | 30% | 37% | -5% | -7% | 26% | 27% | 30% | 28% | 26% | 27% | 29% | |
| Net Profit | -4 | 1 | 2 | 6 | 4 | 2 | 6 | 8 | 11 | 8 | 8 | 8 |
| EPS in Rs | -4.16 | 0.89 | 1.54 | 4.58 | 3.03 | 1.63 | 4.51 | 5.66 | 8.04 | 5.82 | 6.06 | 5.75 |
| Dividend Payout % | 0% | 0% | 0% | 22% | 0% | 46% | 33% | 35% | 31% | 26% | 41% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 6% | 11% | 4% | 4% | ||
| Compounded Profit Growth | 15% | 30% | 2% | -6% | ||
| Stock Price CAGR | -2% | 1% | -14% | -26% | ||
| Return on Equity | 9% | 11% | 11% | 10% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 8 | 7 | 18 | 36 | 43 | 45 | 48 | 53 | 58 | 66 | 71 | 78 |
| Borrowings | 48 | 44 | 37 | 25 | 23 | 14 | 9 | 3 | 2 | 1 | 1 | 4 |
| Other Liabilities | 17 | 24 | 27 | 26 | 26 | 25 | 22 | 27 | 25 | 28 | 26 | 29 |
| Total Liabilities | 81 | 85 | 94 | 101 | 106 | 97 | 92 | 96 | 99 | 109 | 112 | 125 |
| Fixed Assets | 42 | 40 | 44 | 40 | 50 | 46 | 41 | 42 | 35 | 38 | 39 | 37 |
| CWIP | 0 | 10 | 1 | 5 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 39 | 35 | 49 | 56 | 55 | 52 | 51 | 55 | 62 | 72 | 73 | 88 |
| Total Assets | 81 | 85 | 94 | 101 | 106 | 97 | 92 | 96 | 99 | 109 | 112 | 125 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 14 | 21 | 7 | 11 | 8 | 13 | 8 | 17 | 16 | 18 | 12 | 4 |
| Cash from Investing Activity | -28 | -13 | -1 | -16 | -2 | -2 | -1 | -10 | -11 | -15 | -8 | -5 |
| Cash from Financing Activity | 13 | -7 | -0 | 1 | -5 | -14 | -6 | -7 | -4 | -4 | -4 | 0 |
| Net Cash Flow | -1 | 1 | 5 | -4 | 1 | -3 | 1 | -0 | 1 | -1 | -0 | -0 |
| Free Cash Flow | -14 | 8 | 5 | 2 | -2 | 11 | 6 | 12 | 12 | 11 | 4 | -1 |
| CFO/OP | 154% | 246% | 49% | 92% | 65% | 101% | 85% | 126% | 100% | 104% | 105% | 38% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 123 | 85 | 104 | 105 | 106 | 94 | 110 | 85 | 71 | 69 | 65 | 78 |
| Inventory Days | 40 | 39 | 35 | 52 | 50 | 51 | 60 | 50 | 39 | 43 | 37 | 40 |
| Days Payable | 81 | 119 | 136 | 150 | 102 | 108 | 103 | 99 | 79 | 90 | 81 | 81 |
| Cash Conversion Cycle | 81 | 4 | 3 | 8 | 55 | 37 | 67 | 36 | 31 | 22 | 21 | 36 |
| Working Capital Days | -19 | -57 | -13 | 4 | 17 | 32 | 63 | 51 | 41 | 37 | 38 | 50 |
| ROCE % | 11% | 5% | 12% | 9% | 11% | 11% | 6% | 14% | 16% | 20% | 14% | 14% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 61.02% | 61.02% | 61.01% | 61.02% | 61.01% | 61.01% | 61.02% | 61.01% | 61.00% | 61.00% | 61.01% | 61.01% |
| No. of Shareholders | 4,635 | 4,794 | 4,834 | 6,021 | 6,857 | 7,385 | 7,218 | 7,227 | 7,304 | 7,102 | 6,927 | 6,811 |
Fundamentals
Market Cap₹ 95.2 Cr.
Current Price₹ 68.6
Stock P/E11.9
Book Value₹ 66.0
ROCE14.0 %
ROE9.52 %
Dividend Yield3.64 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)-6%
Standalone figures.
Valuation
Market capRs 94 Cr
Enterprise valueRs 69 Cr
P/E (TTM)11.72x
Price to book1.02x
Price to sales0.51x
EV / EBITDA3.67x
EV / EBIT5.73x
EV / sales0.38x
Price to cash flow22.65x
Earnings yield8.53%
Dividend yield3.71%
P/E, 3-year average14.67x
P/B, 3-year average1.66x
P/E, 5-year average14.07x
P/B, 5-year average1.52x
Profitability
Operating margin (excl. other income)9.73%
Operating margin (incl. other income)10.78%
EBITDA margin10.27%
Pre-tax margin6.16%
Net profit margin4.37%
Net margin, latest quarter4.66%
ROE9.52%
ROCE14.01%
ROA7.09%
ROE, 3-year average11.30%
ROCE, 3-year average16.01%
ROA, 3-year average8.36%
ROE, 5-year average11.00%
ROCE, 5-year average15.58%
ROA, 5-year average7.95%
ROIC (approx.)12.70%
Tax rate29.27%
Other income / net worth2.10%
Growth
Sales growth (latest year)4.79%
Profit growth (latest year)4.08%
Sales CAGR, 3 years4.16%
Sales CAGR, 5 years10.78%
Profit CAGR, 3 years2.28%
Profit CAGR, 5 years30.06%
Sales growth QoQ-5.88%
Profit growth QoQ412.50%
Sales growth YoY (latest quarter)1.66%
Profit growth YoY (latest quarter)-17.34%
Per share
EPS (TTM)Rs 5.75
EPS (latest year)Rs 6.06
EPS (latest quarter)Rs 1.48
EPS, 3-year averageRs 6.64
EPS, 5-year averageRs 6.02
Book value per shareRs 66.00
Sales per shareRs 131.47
Cash flow per shareRs 2.98
Free cash flow per shareRs -0.72
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 2.17
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout41.26%
Dividend payout, 3-year average32.70%
Dividend payout, 5-year average33.34%
Efficiency
Asset turnover1.45x
Fixed asset turnover4.89x
Inventory turnover10.59x
Inventory days34 days
Debtor days78 days
Debtors turnover4.70x
Creditor days81 days
Cash conversion cycle36 days
Working capital days50 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 29 Cr
Net debtRs -25 Cr
Debt to equity0.05x
Net debt / EBITDA-1.32x
Interest coverage15.78x
Owners' fund to total sources73.37%
Debt to assets3.35%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -5 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs 2 Cr
Cash from ops / profit, 5 years1.63x
Sales to cash flow43.94x
Statement figures
Net sales (TTM)Rs 182 Cr
Net sales (latest year)Rs 181 Cr
Sales (latest quarter)Rs 44 Cr
Operating profit excl. other income (latest year)Rs 18 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 19 Cr
PBDT (TTM)Rs 18 Cr
Profit before tax (TTM)Rs 11 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 8 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 112 Cr
Total expenditure (latest year)Rs 164 Cr
Total income (latest year)Rs 183 Cr
Share capitalRs 14 Cr
ReservesRs 78 Cr
Shareholders' fundsRs 92 Cr
Total assetsRs 125 Cr
Net blockRs 37 Cr
ReceivablesRs 39 Cr
InventoryRs 11 Cr
Other liabilitiesRs 29 Cr
Shares outstanding (crore)1.39
Ownership
Promoter holding38.98% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 11.7 is at the 13th percentile of its own 9.4-year range
(median 18.3, low 5.6, high 141.1).
P/B 1.02 is at the 15th percentile (median 1.59).
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.
| Period | 537536 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.5% | -2.8% | +0.3 pts |
| 1 month | -7.4% | -6.8% | -0.6 pts |
| 3 months | -9.9% | -7.6% | -2.3 pts |
| 3 years | -37.6% | +14.2% | -51.7 pts |
| 5 years | +2.4% | +27.9% | -25.4 pts |
Red flags
F-score 4 of 8No red flags in the latest statements and filings.
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 2026Sales ₹44 Cr +1.7% vs Jun 2025.
Net profit ₹2 Cr -17.3%.
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 Denis Chem Lab Ltd?
Denis Chem Lab Ltd (537536) has a market capitalisation of Rs 95.2 Cr. at the 2026-10-01 close.
What is the P/E ratio of Denis Chem Lab Ltd?
Denis Chem Lab Ltd trades at a P/E of 11.9 on trailing twelve-month profit, at the 2026-10-01 close.
What were Denis Chem Lab Ltd's latest quarterly results?
In the Jun 2026 quarter, Denis Chem Lab Ltd sales was Rs 44 Cr (+1.7% vs Jun 2025) and net profit was Rs 2 Cr.