Sudarshan Chemical Industries Ltd

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SUDARSCHEM •
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Stock Performance
52 Week Low - High
Today’s Low - High

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Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
Near 52W High of ₹964.00
48.4
TTM PE Ratio
Low in industry
17.9
Price to Book Ratio
Below industry Median
5.6
Dividend yield 1yr %
Above industry Median
0.6
TTM PEG Ratio
0
RSI
RSI is mid-range
65.2
MFI
MFI is mid-range
55.7

Sudarshan Chemical Industries Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Sudarshan Chemical Industries Ltd shareholding Pattern

Promoter
33.2%
Foreign Institutions
4.5%
Mutual Funds
13%
Domestic Institutions
17.5%
Public
44.8%
Promoter
35.8%
Foreign Institutions
4.2%
Mutual Funds
9.1%
Domestic Institutions
13.6%
Public
46.4%
Promoter
35.8%
Foreign Institutions
4.6%
Mutual Funds
9.3%
Domestic Institutions
13.7%
Public
45.9%
Promoter
35.8%
Foreign Institutions
3.5%
Mutual Funds
12.2%
Domestic Institutions
14.3%
Public
46.4%
Promoter
35.8%
Foreign Institutions
3.1%
Mutual Funds
12.3%
Domestic Institutions
14.2%
Public
46.9%
Promoter
35.8%
Foreign Institutions
2.8%
Mutual Funds
12.4%
Domestic Institutions
14.3%
Public
47%

Sudarshan Chemical Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
906.80
10Day EMA
902.80
12Day EMA
900.30
20Day EMA
886.20
26Day EMA
874.10
50Day EMA
826.40
100Day EMA
748.70
200Day EMA
658.40
5Day SMA
899.80
10Day SMA
909.00
20Day SMA
895.90
30Day SMA
859.40
50Day SMA
822.40
100Day SMA
725.00
150Day SMA
658.40
200Day SMA
612.20
Delivery & Volume
Resistance & Support
920.47
Pivot
Resistance
First Resistance
939.93
Second Resistance
956.47
Third Resistance
975.93
Support
First Support
903.93
Second support
884.47
Third Support
867.93
Relative Strength Index
65.20
Money Flow Index
55.74
MACD
26.13
MACD Signal
30.64
Average True Range
37.66
Average Directional Index
36.13
Rate of Change (21)
12.86
Rate of Change (125)
74.33
Peer comparison
Compare
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Market Price
Market Cap
52W Low
52W High
Balaji Amines Ltd.
7705.93
1960
2735
NOCIL Ltd.
4850.22
207.95
311.35
Privi Speciality Chemicals Ltd.
6199.45
975
1674.9
Laxmi Organic Industries Ltd.
7321.79
220
320.95
Anupam Rasayan India Ltd.
8280.44
720.4
1106.3
Epigral Ltd.
6012.93
862.05
1584

Sudarshan Chemical Industries Ltd Company background

Founded in: 1951
Managing director: R B Rathi
Sudarshan Chemical Industries 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 two 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. Their product offerings include recognized brands such as Sudaperm, Sudafast, Sudacolor, Sumica and Sumicos. Companys development focus is on high performance pigments mainly for automotive coatings and engineering plastics that are produced in state of the art manufacturing facilities at Roha and Mahad.Punebased Sudarshan Chemical Industries was formed as a Private Limited Company under the name Sudarshan Chemicals Industries Private Limited in February 19th, 1951. The name of the Company was changed to Sudarshan Chemicals Industries Limited on 15th May, 1975 and the Company went to Public in the December, 1976. Until the seventies, 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.
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Sudarshan Chemical Industries Ltd FAQs

Sudarshan Chemical Industries Ltd shares are currently priced at 923.4 on NSE and 923.45 on BSE as of 7/12/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Sudarshan Chemical Industries Ltd [SUDARSCHEM] share was 90.96. The Sudarshan Chemical Industries Ltd [SUDARSCHEM] share hit a 1-year low of Rs. 437.1 and a 1-year high of Rs. 964.

The market cap of Sudarshan Chemical Industries Ltd is Rs. 6392.44 Cr. as of 7/12/2024 12:00:00 AM.

The PE ratios of Sudarshan Chemical Industries Ltd is 70.59 as of 7/12/2024 12:00:00 AM.

The PB ratios of Sudarshan Chemical Industries Ltd is 5.77 as of 7/12/2024 12:00:00 AM

The Mutual Fund Shareholding was 13.03% at the end of 7/12/2024 12:00:00 AM.

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