Price
Financials
Consolidated, 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 | 35.05 | 35.27 | 33.40 | 33.86 | 36.75 | 40.71 | 70.06 | 39.45 | 42.79 | 37.81 | 41.25 | 57.84 |
| Expenses | 33.42 | 32.82 | 30.61 | 31.92 | 35.04 | 37.97 | 61.99 | 38.17 | 41.00 | 38.10 | 40.57 | 51.85 |
| Operating Profit | 1.63 | 2.45 | 2.79 | 1.94 | 1.71 | 2.74 | 8.07 | 1.28 | 1.79 | -0.29 | 0.68 | 5.99 |
| OPM % | 4.65% | 6.95% | 8.35% | 5.73% | 4.65% | 6.73% | 11.52% | 3.24% | 4.18% | -0.77% | 1.65% | 10.36% |
| Other Income | 21.47 | 0.66 | 1.26 | 0.66 | 1.12 | 2.80 | 1.41 | 0.79 | 1.64 | 0.83 | 1.19 | 1.46 |
| Interest | 0.97 | 0.47 | 0.44 | 0.47 | 0.50 | 0.45 | 0.41 | 0.24 | 0.24 | 0.25 | 0.22 | 0.33 |
| Depreciation | 2.30 | 2.35 | 2.29 | 2.49 | 2.58 | 2.54 | 2.54 | 2.52 | 2.55 | 2.51 | 2.55 | 2.67 |
| Profit before tax | 19.83 | 0.29 | 1.32 | -0.36 | -0.25 | 2.55 | 6.53 | -0.69 | 0.64 | -2.22 | -0.90 | 4.45 |
| Tax % | 25.26% | -103.45% | 24.24% | -25.00% | 48.00% | 25.10% | 24.81% | -26.09% | 153.12% | -32.43% | -1.11% | 54.16% |
| Net Profit | 14.60 | 1.11 | 1.09 | 0.43 | -0.23 | 2.62 | 6.20 | 0.02 | 0.01 | -0.86 | 0.09 | 2.93 |
| EPS in Rs | 19.59 | 1.49 | 1.46 | 0.58 | -0.31 | 3.52 | 8.32 | 0.03 | 0.01 | -1.15 | 0.12 | 3.93 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 194 | 126 | 147 | 92 | 107 | 97 | 122 | 184 | 132 | 181 | 161 | 180 |
| Expenses | 161 | 109 | 132 | 103 | 112 | 111 | 140 | 168 | 125 | 167 | 158 | 172 |
| Operating Profit | 32 | 17 | 15 | -11 | -5 | -14 | -18 | 16 | 6 | 14 | 3 | 8 |
| OPM % | 17% | 14% | 10% | -12% | -4.7% | -14% | -15% | 9% | 4.8% | 8% | 2.1% | 4.5% |
| Other Income | 4 | 12 | 6 | 2 | -0 | 87 | 8 | 17 | 24 | 6 | 4 | 5 |
| Interest | 1 | 0 | 0 | 7 | 10 | 9 | 1 | 3 | 3 | 2 | 1 | 1 |
| Depreciation | 2 | 2 | 4 | 8 | 9 | 9 | 7 | 7 | 9 | 10 | 10 | 10 |
| Profit before tax | 34 | 27 | 16 | -24 | -25 | 56 | -18 | 22 | 18 | 8 | -3 | 2 |
| Tax % | 35% | 24% | 27% | -48% | 0% | 13% | 0% | 16% | 27% | 27% | 2% | |
| Net Profit | 22 | 25 | 14 | -13 | -23 | 51 | -18 | 20 | 14 | 9 | -1 | 2 |
| EPS in Rs | 29.34 | 33.43 | 18.32 | -16.92 | -30.76 | 68.02 | -24.20 | 26.94 | 18.65 | 12.11 | -0.99 | 2.91 |
| Dividend Payout % | 10% | 9% | 14% | -15% | -8% | 4% | 0% | 15% | 11% | 29% | -151% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -2% | 11% | -4% | -4% | ||
| Compounded Profit Growth | % | 15% | % | -68% | ||
| Stock Price CAGR | -5% | -5% | -11% | 14% | ||
| Return on Equity | -2% | -1% | 1% | 0% |
| 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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 101 | 119 | 142 | 151 | 135 | 112 | 163 | 142 | 162 | 173 | 181 | 177 |
| Borrowings | 1 | 1 | 4 | 77 | 104 | 108 | 20 | 22 | 38 | 19 | 13 | 13 |
| Other Liabilities | 38 | 31 | 25 | 41 | 35 | 42 | 48 | 43 | 39 | 23 | 31 | 26 |
| Total Liabilities | 147 | 159 | 179 | 276 | 281 | 270 | 239 | 214 | 247 | 222 | 232 | 224 |
| Fixed Assets | 16 | 17 | 20 | 94 | 164 | 153 | 105 | 105 | 139 | 132 | 126 | 122 |
| CWIP | 6 | 14 | 32 | 43 | 5 | 3 | 0 | 2 | 0 | 2 | 1 | 4 |
| Investments | 42 | 40 | 64 | 41 | 24 | 23 | 27 | 21 | 23 | 21 | 24 | 27 |
| Other Assets | 83 | 88 | 62 | 98 | 88 | 92 | 107 | 86 | 85 | 67 | 82 | 71 |
| Total Assets | 147 | 159 | 179 | 276 | 281 | 270 | 239 | 214 | 247 | 222 | 232 | 224 |
| 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 | 5 | 11 | 3 | -8 | 6 | 1 | -22 | -3 | 23 | 10 | 16 | 5 |
| Cash from Investing Activity | -0 | -8 | -7 | -57 | -21 | 1 | 130 | -4 | -33 | 16 | -4 | -10 |
| Cash from Financing Activity | -3 | -6 | 2 | 66 | 16 | -6 | -97 | -2 | 13 | -25 | -10 | -3 |
| Net Cash Flow | 3 | -3 | -2 | 2 | 1 | -4 | 11 | -10 | 4 | 1 | 2 | -8 |
| Free Cash Flow | -9 | -0 | -19 | -90 | -32 | -1 | 109 | -14 | -10 | 5 | 14 | -4 |
| CFO/OP | 67% | 71% | 54% | -27% | -60% | -9% | 103% | 18% | 150% | 165% | 111% | 138% |
| 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 | 76 | 70 | 59 | 75 | 65 | 70 | 89 | 53 | 53 | 62 | 60 | 71 |
| Inventory Days | 53 | 51 | 78 | 74 | 98 | 104 | 133 | 93 | 59 | 77 | 60 | 68 |
| Days Payable | 94 | 82 | 68 | 83 | 128 | 146 | 210 | 122 | 87 | 74 | 75 | 62 |
| Cash Conversion Cycle | 34 | 39 | 70 | 66 | 36 | 28 | 11 | 24 | 25 | 65 | 45 | 77 |
| Working Capital Days | 43 | 52 | 67 | 54 | -9 | -38 | 27 | 13 | 4 | 21 | 36 | 49 |
| ROCE % | 23% | 28% | 17% | 8% | -7% | -4% | -8% | -12% | 8% | 0% | 4% | -1% |
| 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 | 63.88% | 63.88% | 63.88% | 63.88% | 63.88% | 63.92% | 63.98% | 63.98% | 63.98% | 63.98% | 63.98% | 63.98% |
| DIIs | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 35.78% | 36.12% | 36.11% | 36.11% | 36.12% | 36.07% | 36.03% | 36.02% | 36.02% | 36.02% | 36.02% | 36.02% |
| No. of Shareholders | 5,395 | 5,555 | 5,085 | 5,521 | 5,918 | 6,060 | 6,062 | 6,121 | 6,348 | 6,200 | 5,923 | 5,909 |
Fundamentals
Market Cap₹ 233 Cr.
Current Price₹ 313
Stock P/E98.4
Book Value₹ 248
ROCE-1.06 %
ROE-0.34 %
Dividend Yield0.48 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-4%
Compounded Profit Growth (TTM)-68%
Consolidated figures.
Valuation
Market capRs 236 Cr
Enterprise valueRs 246 Cr
P/E (TTM)108.88x
Price to book1.28x
Price to sales1.31x
EV / EBITDA18.54x
EV / EBIT81.85x
EV / sales1.37x
Price to cash flow45.61x
Earnings yield0.92%
Dividend yield0.47%
P/E, 3-year average23.52x
P/B, 3-year average1.32x
P/E, 5-year average20.16x
P/B, 5-year average1.47x
Profitability
Operating margin (excl. other income)2.15%
Operating margin (incl. other income)4.90%
EBITDA margin7.40%
Pre-tax margin1.10%
Net profit margin1.21%
Net margin, latest quarter5.07%
ROE-0.40%
ROCE-1.11%
ROA-0.32%
ROE, 3-year average4.14%
ROCE, 3-year average4.85%
ROA, 3-year average3.19%
ROE, 5-year average2.74%
ROCE, 5-year average3.70%
ROA, 5-year average2.06%
ROIC (approx.)1.58%
Tax rate-2.21%
Other income / net worth2.41%
Growth
Sales growth (latest year)-11.07%
Profit growth (latest year)-108.20%
Sales CAGR, 3 years-4.28%
Sales CAGR, 5 years10.61%
Sales growth QoQ40.22%
Profit growth QoQ3155.56%
Sales growth YoY (latest quarter)46.62%
Profit growth YoY (latest quarter)14550.00%
Per share
EPS (TTM)Rs 2.91
EPS (latest year)Rs -0.99
EPS (latest quarter)Rs 3.93
EPS, 3-year averageRs 9.92
EPS, 5-year averageRs 6.50
Book value per shareRs 247.78
Sales per shareRs 241.15
Cash flow per shareRs 6.95
Free cash flow per shareRs -5.37
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 2.34
Dividend per share, 5-year averageRs 2.75
Dividends
Dividend payout, 3-year average19.83%
Dividend payout, 5-year average18.17%
Efficiency
Asset turnover0.72x
Fixed asset turnover1.33x
Inventory turnover6.02x
Inventory days61 days
Debtor days71 days
Debtors turnover5.15x
Creditor days62 days
Cash conversion cycle77 days
Working capital days49 days
Leverage
Total debtRs 13 Cr
Cash and bankRs 3 Cr
Net debtRs 10 Cr
Debt to equity0.07x
Net debt / EBITDA0.76x
Interest coverage2.89x
Owners' fund to total sources82.41%
Debt to assets5.80%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -10 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs -8 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Cash from ops / profit, 5 years2.12x
Sales to cash flow31.14x
Statement figures
Net sales (TTM)Rs 180 Cr
Net sales (latest year)Rs 161 Cr
Sales (latest quarter)Rs 58 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 13 Cr
PBDT (TTM)Rs 12 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs -1 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 120 Cr
Total expenditure (latest year)Rs 158 Cr
Total income (latest year)Rs 166 Cr
Share capitalRs 7 Cr
ReservesRs 177 Cr
Shareholders' fundsRs 185 Cr
Total assetsRs 224 Cr
Net blockRs 122 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 27 Cr
ReceivablesRs 31 Cr
InventoryRs 20 Cr
Other liabilitiesRs 26 Cr
Shares outstanding (crore)0.75
Ownership
Promoter holding63.98% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 108.9 is at the 97th percentile of its own 6.2-year range
(median 15.6, low 4.1, high 116.0).
P/B 1.28 is at the 26th percentile (median 1.60).
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 | DAICHI | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.8% | -2.8% | -0.0 pts |
| 1 month | -6.5% | -6.8% | +0.3 pts |
| 3 months | -3.3% | -7.6% | +4.3 pts |
| 3 years | -29.0% | +14.2% | -43.2 pts |
| 5 years | -20.1% | +27.9% | -48.0 pts |
Red flags
F-score 3 of 8| look | On NSE surveillance On NSE surveillance: ESM |
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 ₹58 Cr +46.6% vs Jun 2025.
Net profit ₹3 Cr +14550.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Pidilite Industries Ltd | 148,809 | 56.2 | 31.0 % |
| Gujarat Fluorochemicals Ltd | 48,402 | 78.4 | 9.64 % |
| Navin Fluorine International Ltd | 42,255 | 53.1 | 21.0 % |
| Aether Industries Ltd | 23,226 | 96.8 | 11.9 % |
| Deepak Nitrite Ltd | 20,854 | 26.3 | 11.4 % |
| Atul Ltd | 17,614 | 22.1 | 14.9 % |
| Aarti Industries Ltd | 17,045 | 32.6 | 6.86 % |
| Fine Organic Industries Ltd | 15,759 | 36.0 | 21.5 % |
| BASF India Ltd | 14,871 | 24.0 | 14.5 % |
| Privi Speciality Chemicals Ltd | 14,084 | 40.3 | 22.3 % |
| Anupam Rasayan India Ltd | 13,409 | 76.8 | 7.38 % |
| Vinati Organics Ltd | 12,173 | 24.4 | 21.4 % |
| Elantas Beck India Ltd | 10,820 | 60.9 | 21.2 % |
| Jubilant Ingrevia Ltd | 10,180 | 32.0 | 11.4 % |
| Alkyl Amines Chemicals Ltd | 9,111 | 40.5 | 16.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-20 | Dividend - Rs 1.50 Per Share |
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.
ESM: stage 1Less than 100 unique PAN traded in previous 30 days