Sadhana Nitro Chem Limited (IN:SADHNANIQ)
:SADHNANIQ
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Sadhana Nitro Chem Limited
(SADHNANIQ)
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Rating:60Neutral
Price Target:
₹2.00
▼(-72.45% Downside)
Action:ReiteratedDate:04/09/26
The score is driven primarily by mid-range financial performance: stable operating margins and revenue growth are offset by inconsistent profitability, rising leverage, and negative free cash flow from high capex. Technicals are mixed with price below key longer-term moving averages and negative MACD. Valuation is pressured by a negative P/E despite a modest dividend yield.
Positive Factors
Diversified B2B end-markets
Sadhana supplies specialty chemical intermediates across multiple end markets (dyes, pigments, agro, pharma, rubber). This B2B diversification reduces dependence on any single cyclical industry, supports steadier order flows, and preserves demand resilience over a 2–6 month to multi-year horizon.
Negative Factors
Rising leverage
An increasing debt-to-equity trend raises fixed interest obligations and reduces financial flexibility. Higher leverage makes the business more vulnerable to demand downturns or input-cost shocks, constrains strategic choices, and can increase refinancing or covenant risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified B2B end-markets
Sadhana supplies specialty chemical intermediates across multiple end markets (dyes, pigments, agro, pharma, rubber). This B2B diversification reduces dependence on any single cyclical industry, supports steadier order flows, and preserves demand resilience over a 2–6 month to multi-year horizon.
Read all positive factors
Sadhana Nitro Chem Limited (SADHNANIQ) vs. iShares MSCI India ETF (INDA)
Market Cap
₹5.43B
Dividend Yield1.25%
Average Volume (3M)493.07K
Price to Earnings (P/E)―
Beta (1Y)1.43
Revenue Growth-37.44%
EPS Growth-950.73%
CountryIN
Employees247
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.20
Shares Outstanding2,964,694,300
10 Day Avg. Volume524,189
30 Day Avg. Volume493,071
Financial Highlights & Ratios
PEG Ratio0.89
Price to Book (P/B)1.84
Price to Sales (P/S)3.12
P/FCF Ratio-11.29
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
Sadhana Nitro Chem Limited Business Overview & Revenue Model
Company Description
Sadhana Nitro Chem Ltd. engages in manufacturing chemical intermediates, heavy organic and performance chemicals, and wireless network equipment and services. It operates under the Domestic Sales and Export Sales segments. The company was founded ...
How the Company Makes Money
The company primarily makes money by manufacturing chemical intermediates and selling them to industrial customers on a B2B basis. Revenue is generated through (1) sale of manufactured chemical products/intermediates, typically priced per unit/ton...
Sadhana Nitro Chem Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
68
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.17B | 1.66B | 1.89B | 1.42B | 1.30B | 1.01B |
| Gross Profit | 555.70M | 1.03B | 983.25M | 689.31M | 548.97M | 584.68M |
| EBITDA | 138.00M | 441.90M | 445.34M | 211.63M | 175.08M | 255.04M |
| Net Income | -209.90M | 75.60M | 40.82M | 31.78M | 62.25M | 159.25M |
Balance Sheet | ||||||
| Total Assets | 6.16B | 6.37B | 5.32B | 4.26B | 3.86B | 3.04B |
| Cash, Cash Equivalents and Short-Term Investments | 97.50M | 112.10M | 60.52M | 70.95M | 129.67M | 183.60M |
| Total Debt | 2.58B | 2.47B | 2.33B | 1.39B | 1.16B | 872.71M |
| Total Liabilities | 3.63B | 3.56B | 3.05B | 2.00B | 2.26B | 1.74B |
| Stockholders Equity | 2.53B | 2.81B | 2.27B | 2.26B | 1.60B | 1.30B |
Cash Flow | ||||||
| Free Cash Flow | -288.60M | -457.10M | -685.02M | -861.17M | -457.73M | -235.56M |
| Operating Cash Flow | -116.20M | 478.70M | -144.55M | -378.15M | -47.02M | 6.61M |
| Investing Cash Flow | -1.80M | -885.60M | -648.60M | -527.80M | -388.15M | -233.58M |
| Financing Cash Flow | 105.10M | 246.70M | 411.80M | 716.39M | 455.27M | 300.63M |
Sadhana Nitro Chem Limited Technical Analysis
Positive
7.26
Price Trends
1.67
Positive
1.75
Positive
2.01
Negative
Market Momentum
>-0.01
Negative
61.98
Neutral
84.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SADHNANIQ, the sentiment is Positive. The current price of 7.26 is above the 20-day moving average (MA) of 1.56, above the 50-day MA of 1.67, and above the 200-day MA of 2.01, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 61.98 is Neutral, neither overbought nor oversold. The STOCH value of 84.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SADHNANIQ.
Sadhana Nitro Chem Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | ₹5.58B | 25.70 | ― | 0.97% | 40.79% | 109.95% | |
60 Neutral | ₹5.43B | -2.39 | ― | 1.25% | -37.44% | -950.73% | |
58 Neutral | ₹5.58B | 36.57 | ― | ― | 2.76% | 30.68% | |
57 Neutral | ₹8.16B | 24.50 | ― | 0.38% | 12.35% | 6.79% | |
56 Neutral | ₹8.15B | 697.51 | ― | ― | 15.56% | 2114.71% | |
40 Underperform | ₹215.32M | -0.35 | ― | ― | -67.01% | -140.84% |
* Basic Materials Sector Average
IN:SADHNANIQ
Sadhana Nitro Chem Limited
1.83
-3.84
-67.72%
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Sadhana Nitro Chem Limited Corporate Events
Sadhana Nitro Chem Secures Trading Approval for Major Rights Issue Shares
Mar 16, 2026
Sadhana Nitro Chem Limited has received trading approval from BSE and the National Stock Exchange of India for 2,635,283,328 equity shares of Re 1 each issued on a rights basis. The approved shares, which will be listed and tradable from March 17,...
Sadhana Nitrochem Strengthens Board With Appointment of Independent Director
Mar 7, 2026
Sadhana Nitrochem Limited’s board has approved, via circular resolution, the appointment of advocate Sindhu Suneer Kotian as a non-executive independent director for a five-year term starting 7 March 2026, subject to shareholder approval. Ko...
Sadhana Nitrochem Adds Independent Director to Strengthen Board Governance
Mar 7, 2026
Sadhana Nitrochem Limited has announced a change in its board composition, with the appointment of Mrs. Sindhu Suneer Kotian as a Non-Executive Independent Director for a five-year term starting March 7, 2026, subject to shareholder approval. Koti...
Sadhana Nitro Chem Confirms SEBI-Compliant Share Dematerialisation for Q3 FY2025-26
Jan 12, 2026
Sadhana Nitro Chem Limited has informed the stock exchanges that, for the quarter ended 31 December 2025, all shares submitted for dematerialisation have been properly processed in line with SEBI (Depositories and Participants) Regulations, 2018, ...
Sadhana Nitro Chem Files Quarterly Share Capital Reconciliation Audit Certificate
Jan 12, 2026
Sadhana Nitro Chem Limited has submitted to BSE and NSE a Reconciliation of Share Capital Audit Certificate for the quarter ended December 31, 2025, in compliance with Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018. Th...
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.