MarketFriction

BASF India Ltd

NSE BASF · BSE 500042 · Specialty Chemicals
₹3,417.10 -0.89%
NSE close2026-10-01
52 week range3,122.20 - 4,829.90
Market cap₹14,871 Cr.
P/E24.0
Results 04-11 Price band 20% Delivery 48.4%

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
Sales3,7073,3263,3603,9674,2483,6353,1893,7523,9043,8773,4534,837
Expenses3,4733,1143,1143,6544,0473,4653,1263,5303,7503,7073,3414,333
Operating Profit23421224631220117063222154169112505
OPM %6%6%7%8%4.7%4.7%2.0%6%3.9%4.4%3.2%10%
Other Income162725361818432127111241
Interest233534458525
Depreciation474948474545383837343741
Profit before tax2001872192971711386420113614185499
Tax %26%25%26%26%25%25%27%27%25%26%25%27%
Net Profit1491401622211281044714710110564362
EPS in Rs34.4532.3637.3150.9629.5623.9310.8834.0023.3424.2914.6983.64
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,7495,0735,5836,0267,5959,55813,10013,64513,76714,81114,98516,071
Expenses4,6424,8025,2385,8617,3168,92612,18812,95812,87814,06914,32915,132
Operating Profit107271346165279633911687890742656939
OPM %2.3%5%6%2.7%3.7%7%7%5%6%5%4.4%6%
Other Income17327182139-44193753761147090
Interest148142113858338171416162020
Depreciation163169153147181174171182191170145149
Profit before tax-30-122617210840760543759671562861
Tax %0%13%6%-14%-131%34%22%26%26%26%26%
Net Profit-30-142468223553595403563499417632
EPS in Rs-7.02-3.2656.9518.885.28127.67137.4293.08130.15115.3396.32145.96
Dividend Payout %-14%-31%5%26%57%8%4%9%12%17%26%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%9%3%8%
Compounded Profit Growth15%7%2%50%
Stock Price CAGR11%0%10%-22%
Return on Equity13%16%14%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital434343434343434343434343
Reserves1,1191,0731,0591,3011,3701,2011,7432,2932,6583,1803,6143,934
Borrowings1,6001,3491,275868912822286122106156157132
Other Liabilities1,4061,3111,4981,6351,5242,7643,0723,6523,7583,8534,5174,072
Total Liabilities4,1683,7773,8753,8463,8494,8305,1446,1106,5657,2338,3308,181
Fixed Assets1,3511,2891,2221,117957965817763793759694725
CWIP74553327422353100196184160
Investments00000000002138
Other Assets2,7432,4332,6192,7022,8503,8424,2745,2475,7536,4137,3397,288
Total Assets4,1683,7773,8753,8463,8494,8305,1446,1106,5657,2338,3308,181
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-96199221290-77572483330531807389-101
Cash from Investing Activity-163199-66158177-21182-120-199-450-111377
Cash from Financing Activity372-425-133-465-95-464-592-257-91-102-137-170
Net Cash Flow113-2722-1658773-47241255141106
Free Cash Flow-268195143251-148516417206468708221-292
CFO/OP-61%201%85%97%-18%210%87%64%100%114%78%-5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days728077716368797363676267
Inventory Days1068593949993736671688279
Days Payable98117120117103133126112108114120107
Cash Conversion Cycle804950485928252626212440
Working Capital Days434336283210263437444151
ROCE %0%-2%5%9%1%6%23%34%20%25%18%15%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.33%73.33%73.33%73.33%73.33%73.33%73.33%73.33%73.33%73.33%73.33%73.33%
FIIs3.18%3.81%4.12%4.35%4.44%4.24%4.29%4.21%4.14%4.13%5.34%5.21%
DIIs6.77%6.63%6.67%5.97%6.27%6.24%6.30%6.31%6.43%6.42%6.29%6.29%
Public16.72%16.21%15.87%16.34%15.94%16.19%16.07%16.14%16.09%16.11%15.04%15.17%
No. of Shareholders52,11951,06848,21950,41254,55261,74761,33464,78063,57262,84862,47464,263

Fundamentals

Market Cap₹ 14,871 Cr.
Current Price₹ 3,436
Stock P/E24.0
Book Value₹ 919
ROCE14.5 %
ROE10.7 %
Dividend Yield0.73 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)50%
Standalone figures.
Valuation
Market capRs 14,791 Cr
Enterprise valueRs 14,050 Cr
P/E (TTM)23.41x
Price to book3.72x
Price to sales0.92x
EV / EBITDA13.65x
EV / EBIT15.95x
EV / sales0.87x
Earnings yield4.27%
Dividend yield0.73%
P/E, 3-year average32.45x
P/B, 3-year average4.40x
P/E, 5-year average28.86x
P/B, 5-year average4.52x
Profitability
Operating margin (excl. other income)4.38%
Operating margin (incl. other income)4.85%
EBITDA margin6.41%
Pre-tax margin5.36%
Net profit margin3.93%
Net margin, latest quarter7.48%
ROE10.92%
ROCE14.68%
ROA5.05%
ROE, 3-year average14.82%
ROCE, 3-year average19.60%
ROA, 3-year average6.54%
ROE, 5-year average17.86%
ROCE, 5-year average22.86%
ROA, 5-year average7.31%
ROIC (approx.)20.19%
Tax rate25.81%
Other income / net worth1.77%
Growth
Sales growth (latest year)1.17%
Profit growth (latest year)-16.48%
Sales CAGR, 3 years3.17%
Sales CAGR, 5 years9.41%
Profit CAGR, 3 years1.15%
Profit CAGR, 5 years-5.48%
Sales growth QoQ40.09%
Profit growth QoQ469.44%
Sales growth YoY (latest quarter)28.94%
Profit growth YoY (latest quarter)146.04%
Per share
EPS (TTM)Rs 145.97
EPS (latest year)Rs 96.32
EPS (latest quarter)Rs 83.64
EPS, 3-year averageRs 113.93
EPS, 5-year averageRs 114.46
Book value per shareRs 918.91
Sales per shareRs 3,712.85
Cash flow per shareRs -23.32
Free cash flow per shareRs -67.46
Dividend per share (latest year)Rs 25.00
Dividend per share, 3-year averageRs 20.00
Dividend per share, 5-year averageRs 14.80
Dividends
Dividend payout25.96%
Dividend payout, 3-year average18.28%
Dividend payout, 5-year average13.56%
Efficiency
Asset turnover1.83x
Fixed asset turnover20.66x
Inventory turnover4.80x
Inventory days76 days
Debtor days67 days
Debtors turnover5.46x
Creditor days107 days
Cash conversion cycle40 days
Working capital days51 days
Leverage
Total debtRs 132 Cr
Cash and bankRs 874 Cr
Net debtRs -741 Cr
Debt to equity0.03x
Net debt / EBITDA-0.72x
Interest coverage43.61x
Current ratio (filing 2026-03-31)1.69x
Quick ratio (filing 2026-03-31)1.01x
Trade payables (filing 2026-03-31)Rs 3,644 Cr
Owners' fund to total sources48.62%
Debt to assets1.62%
Cash flow
Cash from Operating Activity (latest year)Rs -101 Cr
Cash from Investing Activity (latest year)Rs 377 Cr
Cash from Financing Activity (latest year)Rs -170 Cr
Net Cash Flow (latest year)Rs 106 Cr
Free cash flow (latest year)Rs -292 Cr
FCFE (approx.: FCF + change in debt)Rs -316 Cr
Cash from ops / profit, 5 years0.79x
Statement figures
Net sales (TTM)Rs 16,071 Cr
Net sales (latest year)Rs 14,985 Cr
Sales (latest quarter)Rs 4,837 Cr
Operating profit excl. other income (latest year)Rs 656 Cr
Operating profit (latest quarter)Rs 505 Cr
Other income (TTM)Rs 90 Cr
EBITDA (TTM)Rs 1,030 Cr
PBDT (TTM)Rs 1,009 Cr
Profit before tax (TTM)Rs 861 Cr
Tax (latest year)Rs 145 Cr
Net profit (TTM)Rs 632 Cr
Net profit (latest year)Rs 417 Cr
Net profit (latest quarter)Rs 362 Cr
Depreciation (TTM)Rs 149 Cr
Depreciation (latest quarter)Rs 41 Cr
Interest (TTM)Rs 20 Cr
Cost of goods sold (latest year)Rs 13,004 Cr
Total expenditure (latest year)Rs 14,329 Cr
Total income (latest year)Rs 15,056 Cr
Share capitalRs 43 Cr
ReservesRs 3,934 Cr
Shareholders' fundsRs 3,978 Cr
Total assetsRs 8,181 Cr
Net blockRs 725 Cr
Capital work in progressRs 160 Cr
InvestmentsRs 8 Cr
ReceivablesRs 2,747 Cr
InventoryRs 2,709 Cr
Other liabilitiesRs 4,072 Cr
Shares outstanding (crore)4.33
Ownership
Promoter holding73.33% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 23.4 is at the 18th percentile of its own 8.2-year range (median 34.5, low 16.6, high 391.7).
P/B 3.72 is at the 10th percentile (median 5.32).
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.
PeriodBASFNifty 50Difference
1 week-3.0%-2.8% -0.3 pts
1 month-9.1%-6.8% -2.3 pts
3 months-6.7%-7.6% +0.9 pts
6 months+6.3%+0.4% +5.9 pts
1 year-25.6%-9.9% -15.7 pts
2 years-49.2%-13.6% -35.7 pts
3 years+33.8%+14.2% +19.6 pts
5 years-0.8%+27.9% -28.7 pts
11 mutual fund schemes hold about ₹397 Cr. Over three months 7 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Tata Small Cap Fund2.21%289 +8%
Tata Large & Mid Cap Fund1.30%100 +16%
The Wealth Company Mid Cap Fund2.22%4 +100%
The Wealth Company Small Cap Fund1.33%1 +37%
The Wealth Company Large & Mid Cap Fund0.98%1 -0%
WSIF Equity Ex-Top 100 Long-Short Fund1.60%1 +100%
WSIF Equity Long-Short Fund1.80%1 +100%
Motilal Oswal BSE 1000 Index Fund0.02%0 +7%
ICICI Pru MNC Fund0.00%0 -100%
ICICI Pru Small Cap Fund0.00%0 -100%
ICICI Pru Small Cap Fund0.00%0 -100%

Red flags

F-score 4 of 8
No 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 2026
Sales ₹4,837 Cr +28.9% vs Jun 2025. Net profit ₹362 Cr +146.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-30Dividend - Rs 25 Per Share
2025-07-30Dividend - Rs 20 Per Share
2024-07-26Annual General Meeting/Dividend - Rs 15 Per Share
2023-07-21Annual General Meeting/Dividend - Rs 8 Per Share
2022-07-21Annual General Meeting/Dividend - Rs 6 Per Share
2021-07-22 Annual General Meeting/Dividend - Rs 5 Per Share/Special Dividend - Rs 5 Per Share
2020-07-22 Annual General Meeting/Dividend - Rs 3 Per Share
2019-07-04 Annual General Meeting/Dividend - Rs 3 Per Share/ Special Dividend - Rs 2 Per Share
2018-07-26 Annual General Meeting/Dividend- Rs 3 Per Share
2017-09-20 Annual General Meeting/Dividend - Re 1/- Per Share
2016-08-03 Annual General Meeting/ Dividend - Re 1/- Per Share
2015-08-12Annual General Meeting/ Dividend - Rs. 4/- Per Share (Book Closure Start Date Revised).
2014-08-13Annual General Meeting / Dividend - Rs 4/- Per Share
2013-08-22Annual General Meeting / Final Dividend Rs.4/- Per Equity Share
2012-08-16Annual General Meeting And Dividend Rs.4/- Per Share
2011-08-17Annual General Meeting And Dividend - Rs. 8 Per Share
2010-07-29-
2009-08-10Agm/Dividend-70%
2008-07-31Agm/Dividend - 70%
2007-07-18Agm/Dividend-70%
2006-07-28Agm/Dividend-70%
DateTypeWhat it says
2026-09-21UpdatesBASF evaluates MDI investment in India.
2026-08-26Credit Rating- OthersThe ESG ratings issued by Crisil ESG Ratings & Analytics Limited to BASF India Limited.
2026-08-18UpdatesTranscript of 82nd Annual General Meeting of the Company held on Wednesday 12th August 2026 at 3pm.
2026-08-13Shareholder meetingScrutinizers Report and Voting Results for the proposals considered at the 82nd Annual General Meeting of the Company
2026-08-13Shareholder meetingVoting results.
2026-08-12Shareholder meetingProceedings of Annual General Meeting held on August 12, 2026
2026-08-12General UpdatesThe Presentation made to the Shareholders of the Company on 12th August 2026
2026-08-04AcquisitionAcquisition of 14.18% stake in the equity share capital of Clean Max Galapagos Private Limited
2026-08-04Other RestructuringThe Closure of plants of Care Chemicals business of the Company at Dahej manufacturing site
2026-08-04Board meeting outcomeBASF India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17General UpdatesThe dispatch of inland letters to the shareholders of the Company in connection with the Annual Report for FY 2025-26 and the Notice convening the 82n...
2026-07-16UpdatesThe Business Responsibility and Sustainability Report for FY 2025-26 together with the Reasonable Assurance Certificate issued by TUV SUD South Asia P...
2026-07-16General UpdatesThe Annual Report for the financial year ended 31st March 2026 and also the Notice convening the 82nd Annual General Meeting of the Company
2026-07-16Shareholder meetingNotice of Annual General Meeting to be held on August 12, 2026
2026-07-02Shareholder meetingTranscript of the NCLT convened meeting of the Equity Shareholders of BASF India Limited held on Wednesday, 24th June 2026
2026-07-01Sale or disposalSale or disposal
2026-06-24Shareholder meetingVoting results.
2026-06-24Shareholder meetingProceedings of the NCLT convened Equity Shareholders Meeting of BASF India Ltd held on 24th June 2026
2026-06-24Shareholder meetingPresentation made at the NCLT convened Equity Shareholders Meeting of BASF India Ltd at its meeting held on 24th June 2026
2026-05-27Concall / analyst meetTranscript of Analyst / Fund Managers meeting of BASF India Limited held on 22nd May, 2026 at 4 PM through Audio Visual Means
2026-05-23Concall / analyst meetLink of Recording
2026-05-22Concall / analyst meetPresentation
2026-05-22Shareholder meetingNotice of NCLT Convened Equity Shareholders Meeting to be held on Wednesday June 24, 2026 at 3.30 pm (IST) through audio / visual means
2026-05-19Concall / analyst meetSchedule of meet of Analyst & Fund manager to be held on 22nd May, 2026
2026-05-19General UpdatesThe book closure date for the purpose of 82nd Annual General Meeting of BASF India Limited to held on 12th August, 2026
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 BASF India Ltd?

BASF India Ltd (BASF) has a market capitalisation of Rs 14,871 Cr. at the 2026-10-01 close.

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

BASF India Ltd trades at a P/E of 24.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were BASF India Ltd's latest quarterly results?

In the Jun 2026 quarter, BASF India Ltd sales was Rs 4,837 Cr (+28.9% vs Jun 2025) and net profit was Rs 362 Cr.

What is the 52-week high and low of BASF India Ltd?

The 52-week high is Rs 4,829.90 and the 52-week low is Rs 3,122.20.

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