Chemcon Speciality Chemicals Ltd (IN:CHEMCON)
:CHEMCON
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Chemcon Speciality Chemicals Ltd
(CHEMCON)
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Rating:71Outperform
Price Target:
₹229.00
▲(10.44% Upside)
Action:Upgraded
Date:06/06/26
The score is driven primarily by solid financial footing and improved FY2026 cash generation, tempered by significant margin compression that weakens profitability. Technicals are supportive with an established uptrend, while valuation is a mild headwind due to a higher P/E despite a decent dividend yield.
Positive Factors
Low leverage / strong balance sheet
Chemcon's very low debt-to-equity (~0.11) provides durable financial flexibility, lowering refinancing and solvency risk. This conservative capital structure supports steady operations, enables selective capex or bolt-on investments, and cushions the business versus cyclical downturns over 2–6 months.
Negative Factors
Material margin compression
A sharp decline in gross and net margins signals weakened pricing power, adverse product mix, or rising input costs that compress profitability. If structural, lower margins reduce returns, limit reinvestment capacity and raise sensitivity to cost cycles across the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Chemcon's very low debt-to-equity (~0.11) provides durable financial flexibility, lowering refinancing and solvency risk. This conservative capital structure supports steady operations, enables selective capex or bolt-on investments, and cushions the business versus cyclical downturns over 2–6 months.
Read all positive factors
Chemcon Speciality Chemicals Ltd (CHEMCON) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.95B
Dividend YieldN/A
Average Volume (3M)99.75K
Price to Earnings (P/E)29.4
Beta (1Y)0.98
Revenue Growth15.71%
EPS Growth-3.48%
CountryIN
Employees220
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)6.79
Shares Outstanding36,630,700
10 Day Avg. Volume27,423
30 Day Avg. Volume99,755
Financial Highlights & Ratios
PEG Ratio-5.44
Price to Book (P/B)0.96
Price to Sales (P/S)1.92
P/FCF Ratio11.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Chemcon Speciality Chemicals Ltd Business Overview & Revenue Model
Company Description
Founded in 1988 and headquartered in Vadodara, India, Chemcon Speciality Chemicals Limited is a producer and vendor of a diverse range of chemical products. The company primarily focuses on manufacturing pharmaceutical intermediates, silanes, and ...
How the Company Makes Money
Chemcon makes money primarily by manufacturing specialty chemicals and selling them to customers (B2B) in India and overseas. Its revenue model is transaction-based: (1) product sales of specialty chemicals (including chemical ingredients/intermed...
Chemcon Speciality Chemicals Ltd Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.17B | 2.40B | 2.07B | 2.67B | 3.01B | 2.57B |
| Gross Profit | 881.31M | 524.77M | 869.50M | 758.95M | 1.27B | 1.17B |
| EBITDA | 432.71M | 301.72M | 328.58M | 400.64M | 840.11M | 908.34M |
| Net Income | 248.87M | 235.98M | 244.52M | 191.93M | 551.10M | 627.57M |
Balance Sheet | ||||||
| Total Assets | 5.48B | 5.68B | 5.54B | 5.45B | 5.53B | 4.98B |
| Cash, Cash Equivalents and Short-Term Investments | 1.25B | 1.96B | 1.51B | 230.80M | 604.87M | 1.12B |
| Total Debt | 2.62M | 531.37M | 246.90M | 427.39M | 640.15M | 360.20M |
| Total Liabilities | 350.98M | 844.38M | 532.81M | 688.34M | 959.98M | 808.06M |
| Stockholders Equity | 5.13B | 4.83B | 5.01B | 4.76B | 4.57B | 4.17B |
Cash Flow | ||||||
| Free Cash Flow | 285.20M | 409.59M | 309.45M | -308.77M | -334.54M | 241.36M |
| Operating Cash Flow | 356.48M | 501.51M | 405.17M | 119.64M | 127.43M | 742.22M |
| Investing Cash Flow | 11.03M | -460.09M | -189.15M | -245.58M | -163.41M | -925.48M |
| Financing Cash Flow | -248.62M | -8.79M | -215.42M | -247.73M | 120.41M | 298.18M |
Chemcon Speciality Chemicals Ltd Technical Analysis
Positive
207.35
Price Trends
175.18
Positive
165.55
Positive
192.10
Positive
Market Momentum
7.05
Positive
61.48
Neutral
70.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CHEMCON, the sentiment is Positive. The current price of 207.35 is above the 20-day moving average (MA) of 194.13, above the 50-day MA of 175.18, and above the 200-day MA of 192.10, indicating a bullish trend. The MACD of 7.05 indicates Positive momentum. The RSI at 61.48 is Neutral, neither overbought nor oversold. The STOCH value of 70.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CHEMCON.
Chemcon Speciality Chemicals Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹6.95B | 29.36 | ― | ― | 15.71% | -3.48% | |
66 Neutral | ₹2.47B | 19.19 | ― | 1.11% | -39.14% | -65.07% | |
65 Neutral | ₹12.94B | 18.60 | ― | 0.52% | 21.13% | 18.86% | |
64 Neutral | ₹8.40B | 17.45 | ― | ― | 15.32% | 158.73% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | ₹9.40B | -31.86 | ― | 0.56% | 7.26% | -293.26% | |
47 Neutral | ₹1.45B | 52.90 | ― | 0.37% | 13.01% | 67.31% |
* Basic Materials Sector Average
IN:CHEMCON
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Chemcon Speciality Chemicals Ltd Corporate Events
Chemcon clears FY26 results, announces interim dividend and renews audit appointments
May 21, 2026
Chemcon Speciality Chemicals’ board has approved the audited financial statements and results for the quarter and full year ended 31 March 2026, with its statutory auditors issuing an unmodified opinion, underscoring the reliability of the c...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.