Sudarshan Chemical Industries Limited is a globally renowned player in the Pigment Industry and manufactures a wide range of Organic and Inorganic Pigments, Effect Pigments, Agro Chemicals and other products with 2 facilities at Roha and Mahad, in Maharashtra. As the largest producer of pigments in India, the Company manufactures an extensive range of Organic, Inorganic and Effect Pigments and dispersions catering to the Coatings, Plastics, Inks and Cosmetics Industries worldwide. Punebased Sudarshan Chemical Industries Limited was formed as a Private Limited Company under the name Sudarshan Chemicals Industries Private Limited in February, 1951. The name of the Company was changed to Sudarshan Chemicals Industries Limited on 15th May, 1975 and the Company went to Public in December, 1976. Until the 70s, the Company manufactured organic / inorganic pigments and intermediates. But in 1980, it diversified into pesticides.In Jan.91, it commenced manufacture of a new range of organic pigments such as pthalocyanine with technology from Dainippon Ink Chemicals, Japan. The Japanese collaborator, apart from providing technology, also holds a 29.03% stake in the Company. The company entered the area of environmental engineering in collaboration with Radian Corporation, US. It went public with a rights offer at a premium of Rs 100 to set up a plant to manufacture 1125 tpa of organic pigments at Mahad.The Company announced bonus shares in the ratio 1:2. During 199495, exports amounted to Rs 45.8 crore Company has received ISO 9001 certification in respect of its Pigment division. During 200001, the company received the prestigeous ISO 9001 recertification in respect of its Pigment Division by Bureau Veritas Quality International (BVQI). During 200001, Mahad factory has been awarded the coveted ISO 14000 certification by Bureau Veritas Quality International (BVQI), which reconfirms the emphasis given by the company to safety and environment aspects and strict adherence to safety and environment standards.The Board of Directors of the company in its meeting held on 9 August 2014 recommended subdivision of equity shares of the company from Rs. 10 each to Rs. 2 each along with issue of Bonus Shares in the ratio of 1:1. Accordingly 34613625 shares have been allotted as fully paid up by way of bonus shares of Rs 2 each in the ratio of 1:1 during the year ended 31 March, 2015.During the year 2017, the Company has incorporated through its direct subsidiary in The Netherlands viz. Sudarshan Europe B.V. a stepdown subsidiary (SDS) in Mexico, by the name Sudarshan Mexico on 25 January 2017 for marketing and selling pigments manufactured by Sudarshan, India. Further, the SDS will also be in a position to keep stocks of finished products and do invoicing. This will also enable the Company to service key customers in regions around U.S.A.In 2017, the Company has also set up a Marketing / Sales Office in Shanghai, China to locally source raw materials and among others to cater to the requirements of Asia Pacific customers.On 1 June 2018, the Company has entered into a Share Purchase Agreement with Americhem Inc. USA to sell the entire shareholding in its Wholly Owned Subsidiary, Prescient Color Limited for an Enterprise Value of Rs. 11,700 Lakhs. The Equity Value for sale of shares on Closing Date is Rs. 10,228 Lakhs.The Board of Directors in its meeting held on 27 June 2018, have inprinciple approved the transfer of Agro Formulation Brand Business for a fixed consideration of Rs. 700 Lakhs and a variable component in terms of royalty payable on sales. The modalities for this transaction are being worked out.The Board of Directors at its meeting held on 12th April, 2019, approved a proposal to enter into a definitive agreement with GMM Pfaudler Limited (GMMP) to divest the Industrial Mixing Solutions Division (IMSD) of the Company. The consideration for the said transaction was approx. Rs 29 Crore, which was subject to adjustment on account of trade working capital difference, and related items. On 26th April, 2019, the Company completed the divestment, subject to closing adjustments, of its IMSD to GMMP on a going concern basis in terms of the definitive agreements executed between the parties.On 26th April 2019, the Company completed the divestment, subject to closing adjustments, of its IMSD to GMMP on a going concern basis in terms of the definitive agreements executed between the parties.During the FY2020, Sudarshan Japan Limited, a Wholly Owned Subsidiary (WOS) of the Company was set up in Japan, which was incorporated on 29 October 2019.The Company continued its expansion plans and has put into use projects amounting to Rs 227 Crore during the year 201920. This capital expenditure is primarily aimed at augmenting production capacities at Roha and Mahad facilities. These investments are proposed to be funded through the blend of debt and internal accruals.The Companys operations were shut down from the last week of March 2020 following the nationwide lockdown imposed by the Government of India in view of the COVID19 pandemic. The Companys plants have since resumed operations in line with the various directives of the Government in a phased manner.In 2023, the Company commissioned the Capex programme for Rs 750 crore. It launched 4 products comprising of CICP, Solvent Dyes, Pigment Preparation and Digitial Inks. It launched New Pigment Violet 23 for Coatings, Plastics and Inks application and further launched Yellow 138 and Complex Inorganic Color Pigments in FY 2024.
Sudarshan Chemical Industries Financial Highlights
Sudarshan Chemical Industries reported a Q3FY25 revenue of ₹1349.44 crore, up 32.2% YoY, with net profit decreased -84.0% to ₹-2.55 crore. For the full year FY2025–2026, revenue reached ₹3378.99 crore and profit touched at ₹57.3 crore. As of Jun '25, Sudarshan Chemical Industries’s market capitalisation stood at ₹11,475.08 crores. Shareholding as of Jun '25 shows promoters holding 16.4%, with FIIs at 8.5%, DIIs at 23.5%, and public at 51.6%.
As of 20 Aug, 2025, Sudarshan Chemical Industries share price is ₹1429.2. The stock opened at ₹1466.2 and had closed at ₹1460 the previous day. During today’s trading session, Sudarshan Chemical Industries share price moved between ₹1,428.10 and ₹1,473.00, with an average price for the day of ₹1450.55. Over the last 52 weeks, the stock has recorded a low of ₹796.15 and a high of ₹1,505.00. In terms of performance, Sudarshan Chemical Industries share price has increased by 59.8% over the past six months and has increased by 46.99% over the last year.