MarketFriction

Poddar Pigments Ltd

NSE PODDARMENT · BSE 524570 · Dyes And Pigments
₹253.65 -1.36%
NSE close2026-10-01
52 week range201.10 - 333.40
Market cap₹268 Cr.
P/E17.6
Price band 20% Delivery 68.1%

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
Sales89.0690.0897.9198.8592.0890.3987.1791.2691.4191.74100.4590.13
Expenses80.7681.0785.9287.8685.3483.2380.1484.6584.8885.4396.1884.76
Operating Profit8.309.0111.9910.996.747.167.036.616.536.314.275.37
OPM %9.32%10.00%12.25%11.12%7.32%7.92%8.06%7.24%7.14%6.88%4.25%5.96%
Other Income1.851.781.781.432.621.511.402.070.920.243.614.90
Interest0.040.090.060.080.100.070.330.190.120.160.680.24
Depreciation1.651.641.802.042.071.901.942.302.302.342.452.86
Profit before tax8.469.0611.9110.307.196.706.166.195.034.054.757.17
Tax %28.25%21.19%26.45%26.21%28.93%25.97%16.40%32.79%28.43%44.44%0.21%35.15%
Net Profit6.077.148.757.615.124.955.144.173.602.254.744.65
EPS in Rs5.726.738.257.174.834.674.843.933.392.124.474.38
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales326329334357357261296341369368375374
Expenses302301309334329231269303329336345351
Operating Profit242725232830273840323022
OPM %7%8%7%7%8%11%9%11%11%9%8%6%
Other Income4474445677110
Interest111110100111
Depreciation3333322678910
Profit before tax252828242931293739302021
Tax %27%28%33%30%26%24%26%26%26%25%26%
Net Profit182019172124212729231515
EPS in Rs17.2919.1018.0115.5920.0322.3020.0325.7727.1621.5113.9114.36
Dividend Payout %14%18%19%19%0%11%12%14%15%19%29%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth1%8%3%4%
Compounded Profit Growth0%-4%-12%-21%
Stock Price CAGR1%-6%-9%-3%
Return on Equity8%7%7%5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital111111111111111111111111
Reserves8499150187208178232307283338353340
Borrowings1311000000126
Other Liabilities282427242733243538403855
Total Liabilities123137189222246221267353332388414412
Fixed Assets2625272638363598101121123159
CWIP0000083670030
Investments61256828750911227010010080
Other Assets91100105115120127105125160168188172
Total Assets123137189222246221267353332388414412
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity194277223124-316211255
Cash from Investing Activity-7-8-14-6-16-26-26-1-0-24-25-41
Cash from Financing Activity-9-1-5-3-5-4-0-3-7-07-12
Net Cash Flow3-58-220-3-78-3-63
Free Cash Flow1822371126-3612-5-1223
CFO/OP109%46%128%61%127%136%108%12%62%71%55%189%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days395757524842576557676484
Inventory Days5753476764698711097829497
Days Payable221722191923242633272344
Cash Conversion Cycle7493821019488120148121122136137
Working Capital Days6781779282729811997105104113
ROCE %25%24%21%15%12%14%14%10%12%12%9%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters62.43%62.43%62.43%62.43%62.43%62.43%62.43%62.43%62.43%62.43%62.43%62.43%
FIIs0.48%0.48%0.20%0.00%0.13%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DIIs0.24%0.24%0.24%0.24%0.24%0.23%0.23%0.23%0.23%0.23%0.23%0.23%
Public36.84%36.84%37.14%37.33%37.20%37.34%37.34%37.34%37.33%37.33%37.33%37.35%
No. of Shareholders10,5019,83110,3139,8059,69510,27110,01010,07410,0009,6919,4169,272

Fundamentals

Market Cap₹ 268 Cr.
Current Price₹ 259
Stock P/E17.6
Book Value₹ 330
ROCE7.25 %
ROE5.16 %
Dividend Yield1.54 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)-21%
Standalone figures.
Valuation
Market capRs 269 Cr
Enterprise valueRs 271 Cr
P/E (TTM)17.66x
Price to book0.77x
Price to sales0.72x
EV / EBITDA8.41x
EV / EBIT12.19x
EV / sales0.72x
Price to cash flow4.88x
Earnings yield5.66%
Dividend yield1.58%
P/E, 3-year average13.36x
P/B, 3-year average0.82x
P/E, 5-year average12.90x
P/B, 5-year average0.87x
Profitability
Operating margin (excl. other income)7.95%
Operating margin (incl. other income)8.20%
EBITDA margin8.60%
Pre-tax margin5.62%
Net profit margin4.08%
Net margin, latest quarter5.16%
ROE4.13%
ROCE5.83%
ROA3.58%
ROE, 3-year average6.51%
ROCE, 3-year average8.89%
ROA, 3-year average5.76%
ROE, 5-year average7.21%
ROCE, 5-year average9.86%
ROA, 5-year average6.42%
ROIC (approx.)4.64%
Tax rate26.35%
Other income / net worth0.26%
Growth
Sales growth (latest year)1.73%
Profit growth (latest year)-35.32%
Sales CAGR, 3 years3.24%
Sales CAGR, 5 years7.53%
Profit CAGR, 3 years-18.57%
Profit CAGR, 5 years-9.01%
Sales growth QoQ-10.27%
Profit growth QoQ-1.90%
Sales growth YoY (latest quarter)-1.24%
Profit growth YoY (latest quarter)11.51%
Per share
EPS (TTM)Rs 14.36
EPS (latest year)Rs 13.91
EPS (latest quarter)Rs 4.38
EPS, 3-year averageRs 20.86
EPS, 5-year averageRs 21.68
Book value per shareRs 330.46
Sales per shareRs 352.24
Cash flow per shareRs 52.00
Free cash flow per shareRs 21.68
Dividend per share (latest year)Rs 4.00
Dividend per share, 3-year averageRs 4.00
Dividend per share, 5-year averageRs 3.60
Dividends
Dividend payout28.73%
Dividend payout, 3-year average20.67%
Dividend payout, 5-year average17.61%
Efficiency
Asset turnover0.91x
Fixed asset turnover2.35x
Inventory turnover3.96x
Inventory days92 days
Debtor days84 days
Debtors turnover4.33x
Creditor days44 days
Cash conversion cycle137 days
Working capital days113 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 5 Cr
Net debtRs 1 Cr
Debt to equity0.02x
Net debt / EBITDA0.04x
Interest coverage18.50x
Owners' fund to total sources85.10%
Debt to assets1.48%
Cash flow
Cash from Operating Activity (latest year)Rs 55 Cr
Cash from Investing Activity (latest year)Rs -41 Cr
Cash from Financing Activity (latest year)Rs -12 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs 23 Cr
FCFE (approx.: FCF + change in debt)Rs 17 Cr
Cash from ops / profit, 5 years0.88x
Sales to cash flow6.79x
Statement figures
Net sales (TTM)Rs 374 Cr
Net sales (latest year)Rs 375 Cr
Sales (latest quarter)Rs 90 Cr
Operating profit excl. other income (latest year)Rs 30 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 32 Cr
PBDT (TTM)Rs 31 Cr
Profit before tax (TTM)Rs 21 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 15 Cr
Net profit (latest year)Rs 15 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 269 Cr
Total expenditure (latest year)Rs 345 Cr
Total income (latest year)Rs 376 Cr
Share capitalRs 11 Cr
ReservesRs 340 Cr
Shareholders' fundsRs 351 Cr
Total assetsRs 412 Cr
Net blockRs 159 Cr
InvestmentsRs 80 Cr
ReceivablesRs 87 Cr
InventoryRs 68 Cr
Other liabilitiesRs 55 Cr
Shares outstanding (crore)1.06
Ownership
Promoter holding62.43% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 17.7 is at the 93th percentile of its own 9.4-year range (median 13.4, low 7.4, high 18.8).
P/B 0.77 is at the 11th percentile (median 1.03).
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.
PeriodPODDARMENTNifty 50Difference
1 week-7.8%-2.8% -5.0 pts
1 month-1.0%-6.8% +5.8 pts
3 months+5.2%-7.6% +12.9 pts
6 months+25.0%+0.4% +24.6 pts
1 year-10.6%-9.9% -0.7 pts
2 years-42.3%-13.6% -28.7 pts
3 years-26.8%+14.2% -41.0 pts
5 years-27.1%+27.9% -55.0 pts

Red flags

F-score 6 of 8
explainReceivables outrunning sales Receivables grew 34% vs sales +2% 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 ₹90 Cr -1.2% vs Jun 2025. Net profit ₹5 Cr +11.5%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Sudarshan Chemical Industries Ltd9,53293.95.46 %
Kiri Industries Ltd3,5414.403.40 %
Bodal Chemicals Ltd2,42335.35.59 %
Bhageria Industries Ltd1,64422.111.0 %
Shree Pushkar Chemicals & Fertilizers Ltd1,55521.612.9 %
Ultramarine & Pigments Ltd1,22415.010.1 %
Sudarshan Colorants India Ltd87416.911.4 %
Asahi Songwon Colors Ltd45213.08.50 %
Ushanti Colour Chem Ltd307-1.15 %
AksharChem (India) Ltd29523.80.19 %
Mahickra Chemicals Ltd28855.912.7 %
Ducol Organics & Colours Ltd21729.910.5 %
Hindprakash Industries Ltd13237.75.48 %
Paragon Fine and Speciality Chemical Ltd9410.412.8 %
Unilex Colour & Chemical Ltd425.12%
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Dividend - Rs 4 Per Share
2025-09-19Dividend - Rs 4 Per Share
2024-09-13Dividend - Rs 4 Per Share
2024-09-13Annual General Meeting
2023-03-21Interim Dividend - Rs 3.50 Per Share
2022-09-21Dividend - Rs 2.50 Per Share
2022-09-21Annual General Meeting
2021-08-31 Annual General Meeting/Dividend - Rs 2.50 Per Share
2020-09-21 Annual General Meeting
2019-09-12 Annual General Meeting/Dividend - Rs 3 Per Share
2018-09-11 Annual General Meeting/Dividend Rs 3.50 Per Share
2017-09-20 Annual General Meeting/ Dividend- Re 1 Per Share
2017-02-22 Interim Dividend Rs 2.50 Per Share
DateTypeWhat it says
2026-09-22Shareholder meetingPoddar Pigments Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 21, 2026
2026-09-22Shareholder meetingVoting Results of 35th Annual General Meeting
2026-09-21Shareholder meetingProceedings of Annual General Meeting held on September 21, 2026
2026-09-19AgreementsAgreements
2026-08-27UpdatesIntimation of letter providing web-link to those members who have not registered their e-mail address..
2026-08-27Shareholder meetingNotice of Annual General Meeting to be held on September 21, 2026
2026-08-27Record DateThe Register of Members and Share Transfer Books of the Company will remain close from 15-Sep-2026 to 21-Sep-2026 (both days inclusive) for the purpos...
2026-08-27Record DateRecord date for the purpose of Dividend is 14th September, 2026
2026-08-14General UpdatesIntimation of 35th Annual General Meeting
2026-08-14Board meeting outcomePoddar Pigments Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-05-15DividendBoard of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 4.00 per equity share.
2026-05-15Board meeting outcomePoddar Pigments Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-21Credit RatingCredit Rating
2026-04-13Shareholder meetingPoddar Pigments Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
2026-04-13Shareholder meetingVoting results of Postal Ballot
2026-04-11Shareholder meetingProceedings of Postal Ballot
2026-04-09Disclosure under SEBI TakeovSHIV SHANKAR PODDAR has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substanti...
2026-03-31Director changeChange in Director(s) of the company.
2026-03-27Commencement of commercial pCommencement of commercial production/operations
2026-03-12Shareholder meetingNotice of Postal Ballot
2026-02-27Credit RatingCredit Rating
2026-02-27Director changeChange in Director(s) of the company.
2026-02-27Board meeting outcomeOutcome of Board Meeting held on February 27, 2026.
2026-02-13Board meeting outcomePoddar Pigments Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-03General UpdatesGeneral Updates
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
2020-01-21CESTATPODDAR PIGMENTS LTD ---VS.--- JAIPUR I..
2019-10-18CESTATPODDAR PIGMENTS LTD ---VS.--- JAIPUR I
2019-09-20CESTATPODDAR PIGMENTS LTD ---VS.--- JAIPUR I
2019-07-29CESTATPODDAR PIGMENTS LTD ---VS.--- JAIPUR I
2018-06-14CESTATPODDAR PIGMENTS LTD ---VS.--- JAIPUR-I
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Poddar Pigments Ltd?

Poddar Pigments Ltd (PODDARMENT) has a market capitalisation of Rs 268 Cr. at the 2026-10-01 close.

What is the P/E ratio of Poddar Pigments Ltd?

Poddar Pigments Ltd trades at a P/E of 17.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Poddar Pigments Ltd's latest quarterly results?

In the Jun 2026 quarter, Poddar Pigments Ltd sales was Rs 90 Cr (-1.2% vs Jun 2025) and net profit was Rs 5 Cr.

What is the 52-week high and low of Poddar Pigments Ltd?

The 52-week high is Rs 333.40 and the 52-week low is Rs 201.10.

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