BASFCommodities

BASF India Limited

Specialty Chemicals · ISIN INE373A01013 · BSE 500042 · NSE EQ · FV ₹10
Last price
₹3,602
+1.21%today
What this company does

BASF India Limited operates in Specialty Chemicals, part of the Commodities sector. It booked ₹4,824 cr of revenue in its latest quarter (Q1 FY27) and kept 7.5% of sales as profit. It is the 9th largest of 9 Specialty Chemicals companies we track, by market value.

In the report:
72out of 100
Equitytale Health Score
Solid

Healthier than 72% of companies in Commodities, on the 5 of 6 measures we could read for it. Each measure is ranked against the 141–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns87

How much profit it earns on the money it employs

Balance sheet89

How much it owes, and whether earnings cover the interest

Cash quality37

Whether reported profit actually arrives as cash

Valuation41

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 25% vs last year
Profit up 162% vs last year
Promoters hold 73%
No promoter shares pledged
Strong 36% return on equity
Virtually debt-free
Watch-outs
! Thin 7.5% net margin
! Operating cash flow is negative

What if I invest in BASF?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 4% a year, it would become
₹14.72 lakh

The slider starts at 4%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹3,602 +1.21%
latest close · 2026-09-17
1-year return
+4.7%
52-wk low ₹2,35152-wk high ₹4,250
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.2Low
LowAverageHigh
P/B ratio3.94High
Below bookModerateHigh
EV / EBITDA7.0Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity36.4%Strong
WeakFairStrong ▸15%
Return on capital43.8%Strong
WeakFairStrong
Net margin7.5%Decent
ThinDecentStrong
EBITDA margin10.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover93.2×Strong
RiskyOkayStrong ▸5×
Current ratio1.68Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹15,591 cr
Book value
₹914
EPS
₹80.40
latest quarter
Net debt
₹-869 cr
more cash than debt
Enterprise value
₹14,722 cr
EBITDA
₹2,107 cr
annualised
EBIT
₹1,942 cr
annualised
Operating margin
10.1%
Return on assets
17.1%
Earnings yield
8.93%
P/S
0.81
Sales / share
₹4,457.6
Tax rate
27.6%
Face value
₹10
Shares
4.3 cr
Working capital
₹2,733 cr
Current assets
₹6,735 cr
Current liabilities
₹4,002 cr
Delivery %
51.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹922₹1,509, midpoint ₹1,115

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹4,824 cr
Other Income₹22 cr
Total Income₹4,847 cr
Cost of Materials₹1,385 cr
Purchases of Stock-in-Trade₹2,967 cr
Inventory Change (±)₹-570 cr
Employee Benefit Expense₹112 cr
Finance Costs₹5 cr
Depreciation & Amortisation₹41 cr
Other Expenses₹426 cr
Total Expenses₹4,366 cr
Profit before Tax₹480 cr
Tax Expense₹132 cr
Net Profit₹360 cr
Net margin on total income7.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹3,782 cr77.8%
Employee benefit expense₹112 cr2.3%
Finance costs₹5 cr0.1%
Depreciation & amortisation₹41 cr0.8%
Other expenses₹426 cr8.8%
Tax expense₹132 cr2.7%
Profit for the period₹360 cr7.4%
Total income ₹4,847 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue3,863 cr3,444 cr4,824 cr
Total income3,874 cr3,455 cr4,847 cr
Expenses3,731 cr3,372 cr4,366 cr
Profit before tax142 cr83 cr480 cr
Tax36 cr21 cr132 cr
Net profit (owners' share)107 cr69 cr360 cr
Net margin (owners' share, on revenue)2.8%2.0%7.5%
EPS (₹)24.4014.6080.40
YoY (latest quarter): total income +24.5% · net profit +162.2%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹8,436 cr
Shareholder equity
₹3,957 cr
parent shareholders
Total debt
₹0 cr
Cash
₹869 cr
Cash flow · H1 FY26
Operating
₹-932 cr
Investing
₹498 cr
Financing
₹-138 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,552₹1.58 L cr45.3
Gujarat Fluorochemicals Limited₹4,472₹49,190 cr55.4
Navin Fluorine International Limited₹8,220₹42,169 cr43.3
Deepak Nitrite Limited₹1,605₹21,889 cr15.9
Aether Industries Limited₹1,623₹21,543 cr85.1
Atul Limited₹6,134₹18,057 cr18.4
Aarti Industries Limited₹477₹17,287 cr27.9
Fine Organic Industries Limited₹5,202₹15,949 cr28.9
BASF India Limitedthis company₹3,602₹15,591 cr11.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.69%
trailing 12 months
Dividend / share (TTM)
₹25
Last dividend
₹25
ex 30 Jul 2026
ActionDetailEx-date
Dividend₹25 / share30 Jul 2026
Dividend₹20 / share30 Jul 2025
Dividend₹15 / share26 Jul 2024
Dividend₹8 / share21 Jul 2023
Dividend₹6 / share21 Jul 2022
Dividend₹5 / share22 Jul 2021
Who owns it · 2026-06-30
No pledge
Promoter
73.3%
FII / Foreign
5.2%
DII / Domestic
6.3%
Retail / others
15.2%
Smart-money activity
Insider trades
SoldBASF Construction Solutions GmbH · Promoter Group18.96 L · ₹213.4 cr23 Mar 20
BoughtBASF SE · Promoters18.96 L · ₹213.4 cr23 Mar 20
Bulk / block deals
short · NSE258 May 26
short · NSE2918 Mar 26
short · NSE1016 Jun 25
Stake changes
BoughtBASF SE · promoter→ 52.75% · 18.96 L23 Mar 20
SoldBASF Construction Solutions GmbH · promoter→ 0.00% · 18.96 L23 Mar 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 12 Aug 2026
See the official result
1
Adoption of the Standalone and Consolidated Audited Financial Statements of the Company along with the relevant Report’s thereon for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
40.63 L votes for, 26 against · 0% of mutual funds and other big investors said no
2
Declaration of Final Dividend of Rs. 25/- per equity share (250%) for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
40.63 L votes for, 26 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. Pradip P. Shah (DIN: 0006242) as a Director of the Company
Backed by 98% of shareholders other than promotersneeded 50%
39.62 L votes for, 1.00 L against · 3% of mutual funds and other big investors said no
4
Re-appointment of Dr. Ramkumar Dhruva (DIN: 00223237) as a Director of the Company
Backed by 83% of shareholders other than promotersneeded 50%
33.61 L votes for, 7.02 L against · 21% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 73.3% between them · as of 2026-06-30
Basf Societas Europaea52.75%
Basf Schweiz Ag20.58%
Business done with them
FY2026 · 1 of the group
The company paid ₹18 cr to companies in the promoter group last year — about 0.1% of its ₹14,944 cr revenue.
BASF Schweiz AG
Other payments to them
also owns 20.58% of the company
₹18 cr
company paid

The company also transacted with 15 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.