MarketFriction

Chembond Material Technologies Ltd

NSE CHEMBOND · BSE 530871 · Specialty Chemicals
₹177.64 -2.79%
NSE close2026-10-01
52 week range105.15 - 236.80
Market cap₹241 Cr.
P/E15.9
Price band 20% Delivery 68.6%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales112.02114.6047.0946.2749.7853.0552.2157.6857.7562.9071.7572.42
Expenses97.51100.4444.0142.8347.0149.2748.6154.2153.7358.7565.3169.45
Operating Profit14.5114.163.083.442.773.783.603.474.024.156.442.97
OPM %12.95%12.36%6.54%7.43%5.56%7.13%6.90%6.02%6.96%6.60%8.98%4.10%
Other Income9.313.590.892.095.160.191.722.650.13-0.24-1.193.77
Interest0.460.320.200.160.160.180.140.070.100.130.070.06
Depreciation1.471.380.880.570.690.680.700.681.200.810.850.85
Profit before tax21.8916.052.894.807.083.114.485.372.852.974.335.83
Tax %29.79%16.01%47.75%2.29%11.16%-4.18%25.22%25.70%-34.39%46.46%19.86%1.72%
Net Profit15.3513.491.514.686.293.243.363.993.831.593.485.73
EPS in Rs11.5210.071.133.494.692.422.512.982.861.192.604.28
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales270291327301268274349440178201250265
Expenses259274304275258256332405172188231247
Operating Profit11172326101817357141918
OPM %4.2%6%7%8%3.7%7%4.9%8%3.7%7%7%7%
Other Income189181143159514912
Interest211110111100
Depreciation444445453344
Profit before tax195302824829213417191616
Tax %20%24%16%19%61%28%32%26%33%10%17%
Net Profit156232420320142511181315
EPS in Rs114.6614.4316.4012.931.4015.1810.3918.738.3413.109.6210.93
Dividend Payout %4%11%11%16%144%15%48%16%42%13%21%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-1%-2%-17%24%
Compounded Profit Growth-7%-7%-16%-3%
Stock Price CAGR1%1%-14%7%
Return on Equity6%7%7%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital777777777777
Reserves89200223242255262286297315137149160
Borrowings25119973227734
Other Liabilities837282685450595674414348
Total Liabilities203289321325322322354361402191202219
Fixed Assets514749108109124122121116263441
CWIP32212001121382
Investments188150765851737565657870
Other Assets1471521201401531471601652088783107
Total Assets203289321325322322354361402191202219
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity24-275-12-122425-101941915
Cash from Investing Activity-352-01914-12-11-21-89-8-10
Cash from Financing Activity-18-24-3-4-6-11-2-4-2-5-9-1
Net Cash Flow3123-5112-160023
Free Cash Flow21-24-1-74-19722-14-129016-5
CFO/OP120%102%64%-13%-11%310%180%-17%24%1,490%159%67%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days10578849011011211194961007277
Inventory Days604659465877826753585654
Days Payable968695968496120768111811395
Cash Conversion Cycle703849408494738467401536
Working Capital Days459042448298837870392547
ROCE %18%22%12%11%9%3%10%7%10%5%12%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters67.54%67.55%67.55%67.56%67.61%67.63%67.65%67.65%67.65%67.72%68.08%68.11%
FIIs0.59%1.10%0.94%0.66%0.69%0.81%0.61%0.61%0.61%0.61%0.61%0.61%
DIIs0.69%0.98%1.18%1.21%1.18%1.26%1.32%1.13%0.74%0.74%0.74%1.62%
Public31.18%30.36%30.32%30.56%30.52%30.30%30.42%30.60%31.00%30.93%30.58%29.68%
No. of Shareholders9,4809,81810,14510,84012,42913,40712,97913,48813,16812,67012,10711,458

Fundamentals

Market Cap₹ 241 Cr.
Current Price₹ 183
Stock P/E15.9
Book Value₹ 125
ROCE10.8 %
ROE8.84 %
Dividend Yield1.09 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)24%
Compounded Profit Growth (TTM)-3%
Consolidated figures.
Valuation
Market capRs 239 Cr
Enterprise valueRs 226 Cr
P/E (TTM)16.33x
Price to book1.43x
Price to sales0.90x
EV / EBITDA11.26x
EV / EBIT13.81x
EV / sales0.85x
Price to cash flow16.15x
Earnings yield6.12%
Dividend yield1.13%
P/E, 3-year average28.13x
P/B, 3-year average2.53x
P/E, 5-year average21.56x
P/B, 5-year average1.80x
Profitability
Operating margin (excl. other income)7.45%
Operating margin (incl. other income)7.77%
EBITDA margin7.57%
Pre-tax margin6.03%
Net profit margin5.52%
Net margin, latest quarter7.91%
ROE7.98%
ROCE9.63%
ROA6.12%
ROE, 3-year average8.17%
ROCE, 3-year average9.98%
ROA, 3-year average6.28%
ROE, 5-year average7.44%
ROCE, 5-year average9.61%
ROA, 5-year average5.86%
ROIC (approx.)8.83%
Tax rate16.95%
Other income / net worth0.48%
Growth
Sales growth (latest year)24.23%
Profit growth (latest year)-26.59%
Sales CAGR, 3 years-17.17%
Sales CAGR, 5 years-1.82%
Profit CAGR, 3 years-19.92%
Profit CAGR, 5 years-8.72%
Sales growth QoQ0.93%
Profit growth QoQ64.66%
Sales growth YoY (latest quarter)25.55%
Profit growth YoY (latest quarter)43.61%
Per share
EPS (TTM)Rs 10.88
EPS (latest year)Rs 9.58
EPS (latest quarter)Rs 4.26
EPS, 3-year averageRs 10.32
EPS, 5-year averageRs 11.99
Book value per shareRs 124.13
Sales per shareRs 196.92
Cash flow per shareRs 11.00
Free cash flow per shareRs -3.72
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.41
Dividend per share, 5-year averageRs 3.05
Dividends
Dividend payout20.87%
Dividend payout, 3-year average25.43%
Dividend payout, 5-year average28.12%
Efficiency
Asset turnover1.14x
Fixed asset turnover6.15x
Inventory turnover8.14x
Inventory days45 days
Debtor days77 days
Debtors turnover4.73x
Creditor days95 days
Cash conversion cycle36 days
Working capital days47 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 17 Cr
Net debtRs -13 Cr
Debt to equity0.02x
Net debt / EBITDA-0.66x
Interest coverage45.39x
Owners' fund to total sources76.08%
Debt to assets1.90%
Cash flow
Cash from Operating Activity (latest year)Rs 15 Cr
Cash from Investing Activity (latest year)Rs -10 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Cash from ops / profit, 5 years1.47x
Sales to cash flow16.91x
Statement figures
Net sales (TTM)Rs 265 Cr
Net sales (latest year)Rs 250 Cr
Sales (latest quarter)Rs 72 Cr
Operating profit excl. other income (latest year)Rs 19 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 20 Cr
PBDT (TTM)Rs 20 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 15 Cr
Net profit (latest year)Rs 13 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 161 Cr
Total expenditure (latest year)Rs 231 Cr
Total income (latest year)Rs 251 Cr
Share capitalRs 7 Cr
ReservesRs 160 Cr
Shareholders' fundsRs 167 Cr
Total assetsRs 219 Cr
Net blockRs 41 Cr
Capital work in progressRs 2 Cr
InvestmentsRs 70 Cr
ReceivablesRs 53 Cr
InventoryRs 20 Cr
Other liabilitiesRs 48 Cr
Shares outstanding (crore)1.34
Ownership
Promoter holding68.11% (+0.46 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 16.3 is at the 50th percentile of its own 9.4-year range (median 16.3, low 10.7, high 150.1).
P/B 1.43 is at the 66th percentile (median 1.26).
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.
PeriodCHEMBONDNifty 50Difference
1 week-7.3%-2.8% -4.5 pts
1 month+5.1%-6.8% +11.9 pts
3 months-3.2%-7.6% +4.4 pts
6 months+66.5%+0.4% +66.0 pts
1 year+1.7%-9.9% +11.6 pts
2 years-70.6%-13.6% -57.0 pts
3 years-52.9%+14.2% -67.1 pts
5 years-20.3%+27.9% -48.2 pts

Red flags

F-score 6 of 8
explainDebt up, profit down Borrowings up 57% while net profit fell 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 ₹72 Cr +25.6% vs Jun 2025. Net profit ₹6 Cr +43.6%.
Against our estimate for Jun 2026: sales -1.9%, profit +35.2% in line. Our estimate for Sep 2026: sales Rs 76 Cr, profit Rs 4 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-02Dividend - Rs 2 Per Share
2025-07-31Dividend - Rs 1.75 Per Share
2025-05-09Demerger
2024-07-22Dividend - Rs 3.50 Per Share
2024-07-22Annual General Meeting
2023-08-03Dividend - Rs 3 Per Share
2023-08-03Annual General Meeting
2022-07-15Annual General Meeting/Dividend - Rs 5 Per Share
2021-07-07 Annual General Meeting/Dividend - Rs 2.25 Per Share
2020-07-23 Annual General Meeting
2020-03-13 Interim Dividend - Rs 2 Per Share
DateTypeWhat it says
2026-10-01Credit RatingCredit Rating
2026-09-11Price movementSignificant movement in price has been observed in Chembond Material Technologies Limited. The Exchange, in order to ensure that investors have latest...
2026-09-10Price movementSignificant movement in price has been observed in Chembond Material Technologies Limited. The Exchange, in order to ensure that investors have latest...
2026-09-01Credit Rating- NewCredit Rating- New
2026-07-18Shareholder meetingVoting results.
2026-07-17Board meeting outcomeChembond Material Technologies Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-17General UpdatesGeneral Updates
2026-07-17Shareholder meetingProceedings of Annual General Meeting held on July 17, 2026
2026-06-24Shareholder meetingNotice of Annual General Meeting to be held on July 17, 2026
2026-06-22General UpdatesGeneral Updates
2026-06-08General UpdatesCommunication to Shareholders Intimation on Tax Deduction on Dividend
2026-06-04Record DateRecord date for the purpose of Dividend is 02-Jul-2026.
2026-06-04Shareholder meetingNotice of Annual General Meeting to be held on July 17, 2026
2026-05-26Disclosure under SEBI TakeovSameer V. Shah has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Ac...
2026-05-19General UpdatesGeneral Updates
2026-05-15Board meeting outcomeChembond Material Technologies Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-09Price movementSignificant movement in price has been observed in Chembond Material Technologies Limited. The Exchange, in order to ensure that investors have latest...
2026-04-08Price movementSignificant movement in price has been observed in Chembond Material Technologies Limited. The Exchange, in order to ensure that investors have latest...
2026-03-12General UpdatesIntimation to shareholders regarding transfer of Unclaimed Dividend and Equity Sharesto Investor Education and Protection Fund (IEPF) Authority
2026-01-16Board meeting outcomeChembond Material Technologies Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-16General Updates- Grant of Stock Options under Chembond Material Technologies Limited Employee Stock Option Plan 2025
2025-12-30Disclosure under SEBI TakeovSameer V. Shahhas submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made i...
2025-12-19Disclosure under SEBI TakeovSameer Vinod Shah has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantia...
2025-11-14UpdatesIntimation of In-principle Approval received for listing of up to a maximum of 400,000 EquityShares of Rs. 5/- each to be issued under Chembond Materi...
2025-10-17Board meeting outcomeChembond Material Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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.
Order dateForumCase
2020-03-02NCLTChembond Chemicals Limited Vs Universal Construction Machinery &Equipement Ltd
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
High low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Chembond Material Technologies Ltd?

Chembond Material Technologies Ltd (CHEMBOND) has a market capitalisation of Rs 241 Cr. at the 2026-10-01 close.

What is the P/E ratio of Chembond Material Technologies Ltd?

Chembond Material Technologies Ltd trades at a P/E of 15.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Chembond Material Technologies Ltd's latest quarterly results?

In the Jun 2026 quarter, Chembond Material Technologies Ltd sales was Rs 72 Cr (+25.6% vs Jun 2025) and net profit was Rs 6 Cr.

What is the 52-week high and low of Chembond Material Technologies Ltd?

The 52-week high is Rs 236.80 and the 52-week low is Rs 105.15.

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