PODDARMENTCommodities

Poddar Pigments Limited

Dyes And Pigments · ISIN INE371C01013 · BSE 524570 · NSE EQ · FV ₹10
Last price
₹255
+1.82%today
What this company does

Poddar Pigments Limited operates in Dyes And Pigments, part of the Commodities sector. It booked ₹94 cr of revenue in its latest quarter (Q2 FY27) and kept 3.4% of sales as profit. It is the 9th largest of 9 Dyes And Pigments companies we track, by market value.

In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–176 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)
43

At close. Not part of the score.

Profitability & returns25

How much profit it earns on the money it employs

Balance sheet85

How much it owes, and whether earnings cover the interest

Cash quality61

Whether reported profit actually arrives as cash

Growth & consistency59

Whether sales and profit have grown, and how steadily

Valuation51

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

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 62%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Thin 3.4% net margin
! Profit down 12% vs last year
! Low 3.3% return on equity

What if I invest in PODDARMENT?

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 11% a year, it would become
₹21.24 lakh

The slider starts at 11%, 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 We do not publish price targets or predict returns.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
₹255▲ +1.82%
latest close · 2026-11-04
1-year return
-31.6%
52-wk low ₹23252-wk high ₹378
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 ratio21.5Average
LowAverageHigh
P/B ratio0.72Below book
Below bookModerateHigh
EV / EBITDA9.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity3.3%Weak
WeakFairStrong ▸15%
Return on capital4.6%Weak
WeakFairStrong
Net margin3.4%Thin
ThinDecentStrong
EBITDA margin8.0%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.02Comfortable
LowModerateHigh ▸1
Interest cover45.7×Strong
RiskyOkayStrong ▸5×
Current ratio4.05Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹271 cr
Book value
₹356
EPS
₹2.97
latest quarter
Net debt
₹2 cr
owes more than its cash
Enterprise value
₹273 cr
EBITDA
₹30 cr
annualised
EBIT
₹18 cr
annualised
Operating margin
4.8%
Return on assets
2.8%
Earnings yield
4.66%
P/S
0.72
Sales / share
₹354.9
Tax rate
28.9%
Face value
₹10
Shares
1.1 cr
Working capital
₹148 cr
Current assets
₹196 cr
Current liabilities
₹48 cr
Delivery %
74.6%
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
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 ₹80–₹143, midpoint ₹87

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 · Q2 FY27 (consolidated)
Revenue from Operations₹94 cr
Other Income₹3 cr
Total Income₹97 cr
Cost of Materials₹68 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹10 cr
Finance Costs₹9.9 L
Depreciation & Amortisation₹3 cr
Other Expenses₹13 cr
Total Expenses₹92 cr
Profit before Tax₹4 cr
Tax Expense₹1 cr
Net Profit₹3 cr
Net margin on total income3.3%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹67 cr68.7%
Employee benefit expense₹10 cr10.5%
Finance costs₹9.9 L0.1%
Depreciation & amortisation₹3 cr3.1%
Other expenses₹13 cr13.0%
Tax expense₹1 cr1.3%
Profit for the period₹3 cr3.3%
Total income ₹97 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue100 cr90 cr94 cr
Total income104 cr95 cr97 cr
Expenses99 cr88 cr92 cr
Profit before tax5 cr7 cr4 cr
Tax1.2 L3 cr1 cr
Net profit (owners' share)5 cr5 cr3 cr
Net margin (owners' share, on revenue)4.7%5.2%3.4%
EPS (₹)4.474.382.97
YoY (latest quarter): total income +4.9% · net profit -12.3%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹444 cr
Shareholder equity
₹378 cr
parent shareholders
Total debt
₹9 cr
Cash
₹7 cr
Cash flow · H1 FY27
Operating
₹7 cr
Investing
₹-2 cr
Financing
₹-2 cr
Peer comparison
Dyes And Pigments · by market value
CompanyPriceMarket capP/E
Sudarshan Chemical Industries Limited₹1,077₹8,560 cr21.9
Kiri Industries Limited₹523₹3,411 cr2.9
Bodal Chemicals Limited₹179₹2,250 cr6.9
Shree Pushkar Chemicals & Fertilisers Limited₹623₹2,015 cr14.1
Bhageria Industries Limited₹365₹1,595 cr7.1
Sudarshan Colorants India Limited₹371₹855 cr8.9
Asahi Songwon Colors Limited₹370₹437 cr5.7
AksharChem India Limited₹372₹299 cr5.6
Poddar Pigments Limitedthis company₹250₹266 cr21.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.57%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹4
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹4 / share11 Sep 2026
Dividend₹4 / share19 Sep 2025
Dividend₹4 / share13 Sep 2024
Dividend₹3.5 / share21 Mar 2023
Dividend₹2.5 / share21 Sep 2022
Dividend₹2.5 / share31 Aug 2021
Who owns it · 2026-09-30
No pledge
Promoter
62.4%
FII / Foreign
—
DII / Domestic
0.2%
Retail / others
37.3%
Smart-money activity
Insider trades
SoldGKS Logistics Private Limited · Promoter Group45.03 L4 Jan 24
BoughtEspouse Resonance Engineering Private Limited · Promoter Group45.03 L4 Jan 24
SoldROCHNA PODDAR · Promoters4.88 L12 Aug 21
Bulk / block deals
SoldGRAVITON RESEARCH CAPITAL LLP · NSE1.02 L @ ₹387.5220 Jul 21
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE1.02 L @ ₹387.8220 Jul 21
BoughtINTEGRATED INVESTMENT MANAGEMENT SERVICES LLP · NSE1.15 L @ ₹17811 Mar 19
Stake changes
BoughtEspouse Resonance Engineering Private Limited · promoter→ 42.44% · 45.03 L4 Jan 24
SoldGKS Logistics Private Limited · promoter→ 0.00% · 45.03 L4 Jan 24
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 · 21 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditor's thereon.
Backed by 100% of shareholders other than promotersneeded 50%
24,956 votes for, 0 against
2
To declare the Dividend of Rs. 4/- per Equity Share as final dividend for the financial year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
24,956 votes for, 0 against
3
To appoint a Director in place of Shri Gaurav Goenka (DIN:00375811), a Joint Managing Director and Chief Executive Officer, who retires by rotation and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
24,956 votes for, 0 against
4
To ratify the remuneration of Cost Auditors for the financial year 2026-27 .
Backed by 100% of shareholders other than promotersneeded 50%
24,956 votes for, 0 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 — 5 named members
owning 62.4% between them · as of 2026-09-30
Espouse Resonance Engineering Llp42.44%
Kusum Poddar8.34%
Mahima Poddar Agarwal5.70%
Shiv Shankar Poddar4.99%
Rochna Poddar0.96%

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.