DIAMINESQCommodities

Diamines & Chemicals Limited

Specialty Chemicals · ISIN INE591D01014 · BSE 500120 · NSE EQ · FV ₹10
Last price
₹223
-1.91%today
What this company does

Diamines & Chemicals Limited operates in Specialty Chemicals, part of the Commodities sector. It booked ₹14 cr of revenue in its latest quarter (Q1 FY27) and kept -0.7% of sales as profit.

In the report:
43out of 100
Equitytale Health Score
Strained

Healthier than 43% of companies in Commodities, on the 5 of 6 measures we could read for it. Each measure is ranked against the 154–176 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)
40

At close. Not part of the score.

Profitability & returns14

How much profit it earns on the money it employs

Balance sheet67

How much it owes, and whether earnings cover the interest

Cash quality18

Whether reported profit actually arrives as cash

Valuation46

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
Some things to watch
Strengths
✓ Sales up 17% vs last year
✓ Promoters hold 58%
✓ No promoter shares pledged
✓ Virtually debt-free
Watch-outs
! Currently loss-making
! Thin -0.7% net margin
! Low -0.3% return on equity
! Operating cash flow is negative

What if I invest in DIAMINESQ?

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 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — 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 We do not publish price targets or predict returns.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
₹223▼ -1.91%
latest close · 2026-11-04
52-wk low ₹21774 sessions so far52-wk high ₹288
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/B ratio1.43Moderate
Below bookModerateHigh
EV / EBITDA61.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-0.3%Loss
WeakFairStrong ▸15%
Return on capital-0.1%Loss
WeakFairStrong
Net margin-0.7%Loss
ThinDecentStrong
EBITDA margin6.2%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover-1.0×Risky
RiskyOkayStrong ▸5×
Current ratio9.09Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹224 cr
Book value
₹155
EPS
₹-0.10
latest quarter
Net debt
₹-6 cr
more cash than debt
Enterprise value
₹218 cr
EBITDA
₹4 cr
annualised
EBIT
₹-9.6 L
annualised
Operating margin
-0.2%
Return on assets
-0.2%
Earnings yield
—
P/S
3.90
Sales / share
₹57.2
Tax rate
—
Face value
₹10
Shares
1.0 cr
Working capital
₹54 cr
Current assets
₹60 cr
Current liabilities
₹7 cr
Delivery %
80.0%
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 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹65–₹97, midpoint ₹81

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₹14 cr
Other Income₹51 L
Total Income₹15 cr
Cost of Materials₹8 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-36.5 L
Employee Benefit Expense₹3 cr
Finance Costs₹2.4 L
Depreciation & Amortisation₹91.9 L
Other Expenses₹4 cr
Total Expenses₹15 cr
Profit before Tax₹-4.8 L
Tax Expense₹0 cr
Share of JV / Associates₹-5.6 L
Net Profit₹-10.3 L
Net margin on total income-0.7%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹7 cr50.0%
Employee benefit expense₹3 cr17.7%
Finance costs₹2.4 L0.2%
Depreciation & amortisation₹91.9 L6.2%
Other expenses₹4 cr26.0%
Total income ₹15 cr

The company made a net loss of ₹10.3 L this quarter — income covered only ₹100 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue8 cr9 cr14 cr
Total income8 cr10 cr15 cr
Expenses12 cr13 cr15 cr
Profit before tax-3 cr-3 cr-4.8 L
Tax-11 L-84.3 L0 cr
Net profit (owners' share)-3 cr-2 cr-10.3 L
Net margin (owners' share, on revenue)-44.6%-26.0%-0.7%
EPS (₹)-3.48-2.47-0.10
YoY (latest quarter): total income +5.3% · net profit —
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹166 cr
Shareholder equity
₹156 cr
parent shareholders
Total debt
₹0 cr
Cash
₹6 cr
Cash flow · H1 FY26
Operating
₹-7 cr
Investing
₹-11 cr
Financing
₹9 cr
Peer comparison
Specialty Chemicals · by market value
CompanyPriceMarket capP/E
Pidilite Industries Limited₹1,511₹1.54 L cr62.5
Gujarat Fluorochemicals Limited₹4,464₹49,103 cr55.3
Navin Fluorine International Limited₹8,530₹43,759 cr40.6
Deepak Nitrite Limited₹1,521₹20,741 cr13.0
Aether Industries Limited₹1,501₹19,924 cr73.3
Aarti Industries Limited₹439₹15,930 cr23.6
Fine Organic Industries Limited₹5,089₹15,603 cr25.6
Atul Limited₹5,073₹14,935 cr24.0
BASF India Limited₹3,138₹13,584 cr9.8
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
—
trailing 12 months
Dividend / share (TTM)
—
Last dividend
₹1
ex 28 Aug 2025
ActionDetailEx-date
Dividend₹1 / share28 Aug 2025
Dividend₹2.5 / share25 Jul 2024
Dividend₹3 / share13 Jun 2023
Dividend₹3 / share24 Nov 2022
Dividend₹3 / share17 Jun 2022
Dividend₹5 / share12 Jul 2021
Who owns it · 2026-09-30
No pledge
Promoter
57.6%
FII / Foreign
—
DII / Domestic
0.0%
Retail / others
42.4%
Promoter stake up 2.7% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtS Amit Speciality Chemicals Pvt. Ltd. · Promoter Group204 · ₹51,1309 Sep 26
BoughtPerfo Chem (India) Pvt. Ltd · Promoter Group720 · ₹1.8 L9 Sep 26
BoughtHarsh A Mehta · Promoter127 · ₹31,7509 Sep 26
Stake changes
BoughtS AMit Specialty Chemicals Private Ltd · promoter→ 5.11% · 18,25024 Mar 26
BoughtPerfo CHemi India Pvt Ltd · promoter→ 9.82% · 16,19624 Mar 26
BoughtMohak A Mehta · promoter→ 5.46% · 40,54624 Mar 26
What shareholders were asked to approve
7 proposals passed only on promoter votes

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 · 16 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended on March 31, 2026 together with the Reports of the Board of Directors’ and Auditors’ thereon including the Audited Consolidated Financial Statement of the Company for the year ended on March 31, 2026
Backed by 53% of shareholders other than promotersneeded 50%
3.24 L votes for, 2.91 L against
2
To appoint a Director in place of Mr. Tanmay Godiawala (DIN: 07084668) who retires by rotation and being eligible, offers himself for re-appointment
Backed by 53% of shareholders other than promotersneeded 50%
3.24 L votes for, 2.92 L against
3
Ratification of Remuneration of Cost Auditor
Backed by 53% of shareholders other than promotersneeded 50%
3.24 L votes for, 2.91 L against
4
Reappointment of Mr. Tanmay Godiawala (DIN: 07084668) as a Director
⚑ Passed only because promoters voted yes
Backed by 53% of shareholders other than promotersneeded 75%
3.24 L votes for, 2.92 L against
5
Reappointment of Mr. Rajendra Chhabra as a Non-Executive Director in the category of professional Director
⚑ Passed only because promoters voted yes
Backed by 53% of shareholders other than promotersneeded 75%
3.24 L votes for, 2.92 L against
6
To approve payment of Remuneration of Mr. Rajendra Chhabra as Non- Executive Director in the category of Professional Director exceeding fifty per cent of the total Remuneration / Compensation fees payable to all the other Non-Executive of the Company for the Financial Year 2026-2027
⚑ Passed only because promoters voted yes
Backed by 53% of shareholders other than promotersneeded 75%
3.24 L votes for, 2.92 L against
7
To approve payment of Remuneration of Mr. Rajendra Chhabra as Non- Executive Director in the category of Professional Director exceeding fifty per cent of the total Remuneration / Compensation fees payable to all the other Non-Executive of the Company for the Financial Year 2027-2028
⚑ Passed only because promoters voted yes
Backed by 53% of shareholders other than promotersneeded 75%
3.24 L votes for, 2.92 L against
8
Commission to Non-Executive Director
⚑ Passed only because promoters voted yes
Backed by 53% of shareholders other than promotersneeded 75%
3.24 L votes for, 2.92 L against

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 — 10 named members
owning 57.6% between them · as of 2026-09-30
Amit M Mehta13.66%
Cherry A Mehta11.57%
Perfo Chem (India) Pvt Ltd9.83%
Harsh Amit Mehta5.61%
Mohak Amit Mehta5.53%
Finorga India Pvt Ltd5.13%
S Amit Speciality Chemicals Pvt Ltd5.12%
Pinakin Kantilal Patel1.00%

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹38 cr raised in Mar 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 100% of what it set aside.

capital expenditures, working capital requirements, acquisition, investment in technology and for general corporate purpose
100%
₹11 cr of ₹11 cr
Spent by quarter: 0% → 100% (to Jun 2026)
₹13 cr raised in Oct 2024 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside.

capital expenditures, working capital requirements, acquisition, investment in technology and for general corporate purpose
100%
₹13 cr of ₹13 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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