MarketFriction

Rite Zone Chemcon India Ltd

NSE RITEZONE · Specialty Chemicals
₹17.00 -3.13%
NSE close2026-10-01
52 week range13.80 - 36.55
Market cap₹7.45 Cr.
P/E21.9
IPO 2022 · -77% since Price band 5% Delivery 100.0%

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
Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales2.4510.3412.1210.8115.9214.2611.9411.7513.79
Expenses2.589.8111.2210.1115.0013.4011.5711.4013.48
Operating Profit-0.130.530.900.700.920.860.370.350.31
OPM %-5.31%5.13%7.43%6.48%5.78%6.03%3.10%2.98%2.25%
Other Income0.530.020.000.050.110.030.190.080.19
Interest0.050.050.050.040.030.030.040.040.07
Depreciation0.120.180.080.130.140.120.140.120.13
Profit before tax0.230.320.770.580.860.740.380.270.30
Tax %56.52%43.75%15.58%32.76%16.28%17.57%28.95%33.33%43.33%
Net Profit0.100.170.660.400.730.620.280.180.16
EPS in Rs0.330.561.560.951.731.470.660.430.38
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales5.753.804.9322.4626.7226.2025.54
Expenses5.203.534.8021.0425.1024.9724.88
Operating Profit0.550.270.131.421.621.230.66
OPM %9.57%7.11%2.64%6.32%6.06%4.69%2.58%
Other Income-0.080.040.710.030.160.220.27
Interest0.140.120.100.100.070.070.11
Depreciation0.210.180.230.260.260.250.25
Profit before tax0.120.010.511.091.451.130.57
Tax %-33.33%100.00%54.90%23.85%22.07%20.35%38.60%
Net Profit0.160.010.230.831.130.890.34
EPS in Rs160.0010.000.761.962.672.100.80
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%46%4%-3%
Compounded Profit Growth%102%-26%-62%
Stock Price CAGR%%-34%-30%
Return on Equity%6%5%2%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.010.013.044.234.234.234.23
Reserves0.620.621.988.839.9610.8511.19
Borrowings2.593.291.060.930.800.951.59
Other Liabilities3.452.865.165.194.765.505.63
Total Liabilities6.676.7811.2419.1819.7521.5322.64
Fixed Assets1.372.132.091.871.781.841.73
CWIP0.000.000.000.000.000.000.00
Investments0.000.000.000.000.002.372.45
Other Assets5.304.659.1517.3117.9717.3218.46
Total Assets6.676.7811.2419.1819.7521.5322.64
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-0.271.09-3.62-3.86-0.52-0.060.66
Cash from Investing Activity0.32-0.93-0.19-0.04-0.17-0.22-0.23
Cash from Financing Activity-0.14-0.124.027.11-0.160.10-0.07
Net Cash Flow-0.090.040.213.20-0.85-0.180.36
Free Cash Flow0.050.16-3.81-3.90-0.69-0.370.51
CFO/OP-40%407%-2,662%-253%-9%18%135%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days323.10421.67639.68155.36150.40176.65188.50
Inventory Days0.000.000.001.850.711.271.67
Days Payable90.4376.0988.2093.76
Cash Conversion Cycle323.10421.67639.6866.7975.0289.7296.42
Working Capital Days92.04144.08261.35135.21140.43160.21164.92
ROCE %3.64%12.40%11.86%10.49%7.74%4.12%
Dec 2022Mar 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Sep 2025Mar 2026Jun 2026
Promoters41.89%41.89%41.89%41.89%41.89%41.89%41.89%41.89%41.89%41.89%41.89%
Public58.11%58.11%58.11%58.11%58.11%58.11%58.11%58.11%58.11%58.11%58.11%
No. of Shareholders421423449642611599582587563542520

Fundamentals

Market Cap₹ 7.45 Cr.
Current Price₹ 17.6
Stock P/E21.9
Book Value₹ 36.4
ROCE4.12 %
ROE2.23 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-3%
Compounded Profit Growth (TTM)-62%
Standalone figures.
Valuation
Market capRs 7 Cr
Enterprise valueRs 5 Cr
P/E (TTM)8.66x
Price to book0.55x
Price to sales0.32x
EV / EBITDA3.14x
EV / EBIT3.82x
EV / sales0.20x
Earnings yield11.54%
P/E, 3-year average34.15x
P/B, 3-year average2.17x
Profitability
Operating margin (excl. other income)6.32%
Operating margin (incl. other income)6.46%
EBITDA margin6.46%
Pre-tax margin4.85%
Net profit margin3.70%
ROE9.18%
ROCE11.86%
ROA5.46%
ROE, 3-year average6.30%
ROCE, 3-year average9.23%
ROA, 3-year average2.72%
ROIC (approx.)8.70%
Tax rate23.85%
Other income / net worth0.23%
Growth
Sales growth (latest year)355.58%
Profit growth (latest year)260.87%
Sales CAGR, 3 years57.49%
Profit CAGR, 3 years73.11%
Per share
EPS (TTM)Rs 1.96
EPS (latest year)Rs 1.96
EPS, 3-year averageRs 4.24
Book value per shareRs 30.87
Sales per shareRs 53.09
Cash flow per shareRs -9.12
Free cash flow per shareRs 1.21
Efficiency
Asset turnover1.17x
Fixed asset turnover12.01x
Inventory turnover198.11x
Inventory days2 days
Debtor days155 days
Debtors turnover2.35x
Creditor days94 days
Cash conversion cycle96 days
Working capital days165 days
Leverage
Total debtRs 1 Cr
Cash and bankRs 4 Cr
Net debtRs -3 Cr
Debt to equity0.07x
Net debt / EBITDA-1.82x
Interest coverage11.90x
Owners' fund to total sources68.09%
Debt to assets4.85%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 7 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years-2.16x
Statement figures
Net sales (TTM)Rs 22 Cr
Net sales (latest year)Rs 22 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 18 Cr
Total expenditure (latest year)Rs 21 Cr
Total income (latest year)Rs 22 Cr
Share capitalRs 4 Cr
ReservesRs 9 Cr
Shareholders' fundsRs 13 Cr
Total assetsRs 19 Cr
Net blockRs 2 Cr
ReceivablesRs 10 Cr
InventoryRs 0 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)0.42
Ownership
Promoter holding41.89% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 8.7 is the lowest in its own 2.4-year history (median 51.5, low 8.7, high 198.0).
P/B 0.55 is the lowest in 3.4 years (median 18.57).
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.
PeriodRITEZONENifty 50Difference
1 week-12.4%-2.8% -9.6 pts
1 month-11.0%-6.8% -4.2 pts
3 months-23.8%-7.6% -16.1 pts
6 months-45.2%+0.4% -45.6 pts
1 year-61.4%-9.9% -51.4 pts
2 years-76.4%-13.6% -62.8 pts
3 years-71.7%+14.2% -85.8 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -597% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 24% of total assets in 2026
lookShare dilution Share count up 40% in a year, -100% in three
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

Mar 2026
Sales ₹14 Cr -13.4% vs Mar 2024. Net profit ₹0 Cr -78.1%.
Against our estimate for Mar 2026: sales +46.8%, profit -49.1% in line.

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.
High low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded

Quick answers

What is the market cap of Rite Zone Chemcon India Ltd?

Rite Zone Chemcon India Ltd (RITEZONE) has a market capitalisation of Rs 7.45 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rite Zone Chemcon India Ltd?

Rite Zone Chemcon India Ltd trades at a P/E of 21.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rite Zone Chemcon India Ltd's latest quarterly results?

In the Mar 2026 quarter, Rite Zone Chemcon India Ltd sales was Rs 14 Cr (-13.4% vs Mar 2024) and net profit was Rs 0 Cr.

What is the 52-week high and low of Rite Zone Chemcon India Ltd?

The 52-week high is Rs 36.55 and the 52-week low is Rs 13.80.

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