CompanyGraph
What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
- Earnings significantly exceed cash generation
At a glance
- Depends onDownstream position: depends on 10 industries, supplies 6
- PositionDebt-to-equity is 1.71×, higher than 95% of its Specialty Chemicals peers (median 0.32×)
- FinancialsAltman Z-Score 2.23: grey zone
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.05%Below 5Y avg (0.15%)
Annual Rate
INR 1.00Paid annual
Payout Ratio
9.2%Sustainable
Last Ex-Dividend
Sep 19, 2025
The reported statements, read against the company's own industry.
What stands out
- Revenue is growing, but receivables have grown faster over the last six to eight years
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
59.57BINR625.68M · vs all stocks (USD)
Trailing P/E
199.96xvs Specialty Chemicals peers
Revenue (TTM)
8.62BINR90.53M · vs all stocks (USD)
Profit Margin
3.33%vs Specialty Chemicals peers
Beta
0.6050xvs all stocks
52-Week Change
39.53%vs all stocks
Market Capitalization
59.57BINR625.68M · vs all stocks (USD)
Enterprise Value
71.26BINR748.47M · vs all stocks (USD)
Trailing P/E
199.96xvs Specialty Chemicals peers
Forward P/E
42.22xvs Specialty Chemicals peers
Price to Sales (TTM)
6.91xvs Specialty Chemicals peers
Price to Book (MRQ)
7.03xvs Specialty Chemicals peers
Enterprise to Revenue
8.27xvs Specialty Chemicals peers
Enterprise to EBITDA
51.91xvs Specialty Chemicals peers
Gross Margin
44.52%vs Specialty Chemicals peers
Profit Margin
3.33%vs Specialty Chemicals peers
Operating Margin
14.73%vs Specialty Chemicals peers
Return on Assets (TTM)
2.95%vs Specialty Chemicals peers
Return on Equity (TTM)
3.58%vs Specialty Chemicals peers
Revenue (TTM)
8.62BINR90.53M · vs all stocks (USD)
Revenue per Share (TTM)
326.80INRUpdated Jul 20, 2026Quarterly Revenue Growth
21.60%vs Specialty Chemicals peers
Gross Profit (TTM)
3.96BINR41.54M · vs all stocks (USD)
EBITDA (TTM)
1.44BINR15.09M · vs all stocks (USD)
Net Income (TTM)
287.50MINR3.02M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
372.60%vs Specialty Chemicals peers
Operating Cash Flow (TTM)
-2.31BINR-24.31M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-5.69BINR-59.78M · vs all stocks (USD)
Trailing Annual Dividend Rate
1.00INRUpdated Jul 20, 2026Trailing Annual Dividend Yield
0.05%vs all stocks
5-Year Average Dividend Yield
0.15%vs all stocks
Payout Ratio
9.17%vs Specialty Chemicals peers
Revenue
8.62BINRFY2026 · Mar 31, 2026Cost of Goods Sold
4.66BINRFY2026 · Mar 31, 2026Gross Profit
3.96BINRFY2026 · Mar 31, 2026Operating Income
1.10BINR11.53M · vs all stocks (USD)
Pre-tax Income
410.80MINRFY2026 · Mar 31, 2026Income Tax Expense
123.30MINRFY2026 · Mar 31, 2026Net Income
287.50MINRFY2026 · Mar 31, 2026EBIT
1.16BINRFY2026 · Mar 31, 2026EBITDA (Income Statement)
1.44BINRFY2026 · Mar 31, 2026Other Operating Expenses
1.68BINRFY2026 · Mar 31, 2026Non-operating Interest Expense
751.10MINRFY2026 · Mar 31, 2026EPS (Basic)
10.90INRFY2026 · Mar 31, 2026EPS (Diluted)
10.90INRFY2026 · Mar 31, 2026Basic Shares Outstanding
26.38MSharesFY2026 · Mar 31, 2026Diluted Shares Outstanding
26.38MSharesFY2026 · Mar 31, 2026Preferred Stock Dividends
0.00INRFY2026 · Mar 31, 2026Operating Cash Flow
-4.18BINRFY2026 · Mar 31, 2026Free Cash Flow
-9.74BINRFY2026 · Mar 31, 2026Cash & Cash Equivalents (End of Period)
49.40MINRFY2026 · Mar 31, 2026Starting Profit (CF Statement)
410.80MINRFY2026 · Mar 31, 2026Other Non-cash Items
747.10MINRFY2026 · Mar 31, 2026Change in Accounts Receivable (CF)
-1.88BINRFY2026 · Mar 31, 2026Change in Other Assets/Liabilities
-3.46BINRFY2026 · Mar 31, 2026Capital Expenditures
-5.56BINRFY2026 · Mar 31, 2026Net Intangibles (CF)
-100.00KINRFY2026 · Mar 31, 2026Purchase of Investments
-1.75BINRFY2026 · Mar 31, 2026Other Investing Activity
1.40BINRFY2026 · Mar 31, 2026Net Investing Cash Flow
-5.91BINRFY2026 · Mar 31, 2026Long-term Debt Issuance
8.35BINRFY2026 · Mar 31, 2026Long-term Debt Payments
-670.80MINRFY2026 · Mar 31, 2026Common Stock Repurchase
-7.90MINRFY2026 · Mar 31, 2026Common Dividends Paid
-26.40MINRFY2026 · Mar 31, 2026Net Financing Cash Flow
7.64BINRFY2026 · Mar 31, 2026Shares Outstanding
26.38MSharesUpdated Jul 20, 2026Float Shares
11.85MSharesUpdated Jul 20, 2026% Held by Insiders
55.11%vs all stocks
% Held by Institutions
21.39%vs all stocks
Total Cash (MRQ)
49.50MINR519.90K · vs all stocks (USD)
Total Cash per Share (MRQ)
1.88INRUpdated Jul 20, 2026Total Debt (MRQ)
13.95BINR146.53M · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.71xvs Specialty Chemicals peers
Current Ratio (MRQ)
1.17xvs Specialty Chemicals peers
Book Value per Share (MRQ)
309.59INRUpdated Jul 20, 2026Total Assets
29.02BINR304.78M · vs all stocks (USD)
Total Current Assets
13.93BINRFY2026 · Mar 31, 2026Total Liabilities
20.86BINRFY2026 · Mar 31, 2026Total Non-current Assets
15.09BINRFY2026 · Mar 31, 2026Total Non-current Liabilities
8.98BINRFY2026 · Mar 31, 2026Total Current Liabilities
11.88BINRFY2026 · Mar 31, 2026Cash & Cash Equivalents
49.40MINRFY2026 · Mar 31, 2026Other Short-term Investments
2.86BINRFY2026 · Mar 31, 2026Accounts Receivable
3.80BINRFY2026 · Mar 31, 2026Inventory
5.68BINRFY2026 · Mar 31, 2026Accounts Payable
4.42BINRFY2026 · Mar 31, 2026Short-term Debt
5.27BINRFY2026 · Mar 31, 2026Other Current Liabilities
304.60MINRFY2026 · Mar 31, 2026Long-term Debt
8.68BINRFY2026 · Mar 31, 2026Common Stock (Book)
263.80MINRFY2026 · Mar 31, 2026Total Shareholders' Equity
8.16BINR85.73M · vs all stocks (USD)
52-Week Low
966.70INRUpdated Jul 20, 202652-Week High
2.37KINRUpdated Jul 20, 202652-Week Change
39.53%vs all stocks
Beta
0.6050xvs all stocks
50-Day MA
1.91KINRUpdated Jul 20, 2026200-Day MA
1.46KINRUpdated Jul 20, 2026Avg 10-Day Volume
135.43KSharesUpdated Jul 20, 2026Avg 30-Day Volume
132.07KSharesUpdated Jul 20, 2026Diluted EPS (TTM)
10.88INRUpdated Jul 20, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Debt-to-equity is 1.71×, higher than 95% of its Specialty Chemicals peers (median 0.32×)Significant
Debt-to-equity: 1.71Industry median: 0.32Industry P95: 1.35Peers compared: 268
P/E ratio is 199.96×, higher than 95% of its Specialty Chemicals peers (median 35.55×)Significant
P/E ratio: 199.963Industry median: 35.55Industry P95: 190.882Peers compared: 268
Structural Tensions
Revenue is growing, but receivables have grown faster over the last six to eight yearsSignificant
Revenue Growth YoY: 0.22Receivables vs revenue divergence: 2.24
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 3,019,612.5Operating Cash Flow (USD, TTM): -24,312,345.744
High gross margins eroded by operating costsNotable
Gross Margin: 0.45Profit Margin: 0.03
Financial Health
Altman Z-Score 2.23: grey zoneSignificant
Altman Z-Score: 2.23
Supply Chain
Downstream position: depends on 10 industries, supplies 6Notable
Outgoing: 6.00Incoming: 10.00
High connectivity hub: 16 industry connectionsNotable
Total Connections: 16.00
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Supply Chain
Petrochemicals Supply Chain
Follow hydrocarbons through cracking, separation, polymers, conversion, use, and recovery. A cracker produces a coupled slate, so feedstock, product demand, contracts, plant configuration, and waste routes constrain one another.
Plastics Supply Chain
Follow feedstock through monomer and polymer production, compounding, conversion, packaging, use, collection, recycling, combustion, and disposal. Resin tonnes and recycling rates are bounded measurements, not proof that the original function returned.
Natural Rubber Supply Chain
Follow natural rubber from tree and tapping through coagulation, grading, compounding, vulcanization, service, and recovery. The chain preserves some properties while closing others, and money arrives on a faster clock than a new stand of trees.