Sudarshan Chemical Industries Limited
Sudarshan Chemical Industries Limited operates in Dyes And Pigments, part of the Chemicals sector. It booked ₹2,642 cr of revenue in its latest quarter (Q1 FY27) and kept 3.7% of sales as profit. It is the largest of 9 Dyes And Pigments companies we track, by market value.
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“Sudarshan is the leader in the Indian pigment industry and among the Numbers That Define Us top three global manufacturers of 2 3 1,270+ pigments.”
Healthier than 51% of companies in Chemicals, on all six measures of filed financials. Each measure is ranked against the 35–44 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 52
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in SUDARSCHEM?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
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 We do not publish price targets or predict returns.
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.
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.
| Revenue from Operations | ₹2,642 cr |
| Other Income | ₹19 cr |
| Total Income | ₹2,661 cr |
| Cost of Materials | ₹1,362 cr |
| Purchases of Stock-in-Trade | ₹71 cr |
| Inventory Change (±) | ₹-209 cr |
| Employee Benefit Expense | ₹440 cr |
| Finance Costs | ₹41 cr |
| Depreciation & Amortisation | ₹93 cr |
| Other Expenses | ₹718 cr |
| Total Expenses | ₹2,517 cr |
| Profit before Tax | ₹144 cr |
| Tax Expense | ₹54 cr |
| Share of JV / Associates | ₹13 cr |
| Net Profit | ₹103 cr |
| Net margin on total income | 3.9% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 2,103 cr | 2,790 cr | 2,642 cr |
| Total income | 2,117 cr | 2,800 cr | 2,661 cr |
| Expenses | 2,202 cr | 2,654 cr | 2,517 cr |
| Profit before tax | -130 cr | 162 cr | 144 cr |
| Tax | -7 cr | 85 cr | 54 cr |
| Net profit (owners' share) | -115 cr | 79 cr | 97 cr |
| Net margin (owners' share, on revenue) | -5.5% | 2.8% | 3.7% |
| EPS (₹) | -14.70 | 10.00 | 12.30 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Sudarshan Chemical Industries Limitedthis company | ₹1,205 | ₹9,583 cr | 24.5 | 11.3% | 3.7% | — |
| Kiri Industries Limited | ₹535 | ₹3,489 cr | 3.0 | 18.0% | 92.9% | — |
| Bodal Chemicals Limited | ₹182 | ₹2,294 cr | 18.9 | 10.5% | 4.3% | — |
| Shree Pushkar Chemicals & Fertilisers Limited | ₹513 | ₹1,657 cr | 18.1 | 15.0% | 8.2% | — |
| Bhageria Industries Limited | ₹319 | ₹1,392 cr | 10.2 | 22.9% | 11.9% | — |
| Sudarshan Colorants India Limited | ₹378 | ₹872 cr | 10.7 | 14.3% | 9.2% | — |
| Asahi Songwon Colors Limited | ₹365 | ₹430 cr | 5.6 | 28.0% | 10.1% | — |
| AksharChem India Limited | ₹374 | ₹300 cr | 4.9 | 23.3% | 10.8% | — |
| Poddar Pigments Limited | ₹276 | ₹293 cr | 15.8 | 5.3% | 5.2% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹5 / share | 11 Aug 2026 |
| Dividend | ₹4.5 / share | 22 Sep 2025 |
| Dividend | ₹1 / share | 26 Jul 2024 |
| Dividend | ₹3.6 / share | 19 Mar 2024 |
| Dividend | ₹1.5 / share | 4 Aug 2023 |
| Dividend | ₹5 / share | 1 Aug 2022 |
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.
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.
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 company also transacted with 25 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.
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.
As of Sep 2025, the company says it has spent 100% of what it set aside, leaving ₹65 L still to be spent. CRISIL Ratings Limited watches the spending on the exchange’s behalf.
As of Mar 2025, the company says it has spent 100% of what it set aside. CRISIL Ratings Limited watches the spending on the exchange’s behalf.
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