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Sumitomo Chemical India Ltd

(SUMICHEM)

₹545.10.18%

as on 04:01PM, 11 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Sumitomo Chemical India Ltd Analyst Rating

based on 6 analysts

BUY

83.33%

Buy

16.67%

Hold

0.00%

Sell

Based on 6 analysts offering long term price targets for Sumitomo Chemical India Ltd. An average target of ₹551.67

Source: S&P Global Market Intelligence

Sumitomo Chemical India Ltd Share analysis

Sumitomo Chemical India Ltd price forecast by 6 analysts

Upside of1.39%

High

₹640

Target

₹551.67

Low

₹485

Sumitomo Chemical India Ltd target price ₹551.67, a slight upside of 1.39% compared to current price of ₹545.1. According to 6 analysts rating.

Source: S&P Global Market Intelligence

Sumitomo Chemical India Ltd Performance

  • Day's Low

    Day's High

    ₹541.1
    ₹550
  • 52 Week's Low

    52 Week's High

    ₹336.1
    ₹628.3
1 Month Return-6.35 %
3 Month Return+ 9.81 %
1 Year Return+ 28.69 %
Previous Close₹544.10
Open₹548.00
Volume1.49L
Upper Circuit-
Lower Circuit-
Market Cap₹27,158.52Cr

Sumitomo Chemical India Ltd Key Statistics

P/E Ratio62.47
PEG Ratio367.46
Market Cap₹27,158.52 Cr
P/B Ratio7.11
EPS7.41
Dividend Yield1.7
SectorAgro Chemicals
ROE15.34

Sumitomo Chemical India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹27,158.52 Cr34.22%0.51₹369 Cr₹2,843 Cr
HOLD₹37,788.37 Cr161.79%0.51₹810 Cr₹7,681 Cr
HOLD₹30,256.14 Cr20.31%0.53NANA
HOLD₹16,815.49 Cr73.4%0.52₹270 Cr₹2,065 Cr
HOLD₹23,468.76 Cr19.92%0.50₹324 Cr₹4,725 Cr

About Sumitomo Chemical India Ltd

Sumitomo Chemical India Ltd is a wholly owned subsidiary of Sumitomo Chemical Co., Ltd., a leading global chemical company. Incorporated in 1994, the company is headquartered in Mumbai and operates in three key business areas: Industrial Chemicals, Agrochemicals and Specialty Chemicals.

The company's Industrial Chemicals business produces and markets a range of petrochemical products, including ethylene, propylene, butadiene, styrene, and polyethylene. It also produces and sells a variety of industrial chemicals, such as solvents, surfactants, and intermediates.

The Agrochemicals business produces and markets a range of crop protection products, such as herbicides, insecticides, fungicides, and plant growth regulators. Sumitomo Chemical India Ltd's Specialty Chemicals business produces and markets a variety of specialty chemicals, including polymers, resins, coatings, and adhesives.

The company's top products include ethylene, propylene, butadiene, styrene, polyethylene, herbicides, insecticides, fungicides, plant growth regulators, polymers, resins, coatings, and adhesives.

Share Price: ₹545.10 per share as on 11 Oct, 2024 04:01 PM
Market Capitalisation: ₹27,158.52Cr as of today
Revenue: ₹838.89Cr as on June 2024 (Q2 24)
Net Profit: ₹126.69Cr as on June 2024 (Q2 24)
Listing date: 27 Jan, 2020
Chairperson Name: Mukul G Asher
OrganisationSumitomo Chemical India Ltd
HeadquartersMumbai
IndustryAgro Chemicals
E-voting on sharesClick here to vote

Key events for Sumitomo Chemical India Ltd

  • Sumitomo Chemical India Q1FY25 Performance Exceeds Expectations - 31 Jul, 2024

    Sumitomo Chemical India Ltd's Q1FY25 performance exceeded street expectations with decent top-line growth and impressive margin expansion, supported by improved realisations. Medium-term triggers include China plus and protectionist measures for the tyre industry, while FY25 growth will be supported by product launches. Valuation is at a premium.

  • Anand Rathi Recommends Buying Sumitomo Chemical India - 30 Jul, 2024

    Sumitomo Chemical India's promoters hold 75% stake, while FIIs own 3.06%, DIIs 7.12%. The company reported a consolidated total income of Rs 864.90 crore in Q1FY25, up 23.40% from the last quarter and 16.60% YoY. Anand Rathi has set a target price of Rs 570 for the stock.

  • Sumitomo Chemical India Shares Surge on Strong Q1FY25 Earnings - 29 Jul, 2024

    Shares of Sumitomo Chemical India surged 7% to an all-time high of Rs 540.45 on the NSE after reporting a 105% YoY increase in consolidated profit for Q1FY25, with revenue up 16%. The company's EBITDA jumped 100%, and operating margin stood at 19.2%. The stock has risen 30% YTD.

  • Sumitomo Chemical India Q1 Net Profit Doubles - 27 Jul, 2024

    Sumitomo Chemical India Ltd's net profit for Q1 FY2025 doubled to Rs 127 crore, beating analysts' estimates of Rs 118 crore. The chemical manufacturer's profit rose by 104.8% YoY from Rs 62 crore in the same period last year.

  • Sumitomo Chemical India Ltd to Pay Dividend of ₹0.90 per Share - 15 Jul, 2024

    Sumitomo Chemical India Ltd is set to pay a dividend of ₹0.90 per share, with a trailing yield of approximately 0.2%. The company's earnings per share have been growing at 17% a year for the past five years, and it has comfortably low payout ratios for both profit after tax and free cash flow. This suggests that the dividend is sustainable, as long as earnings don't drop precipitously.

  • Sumitomo Chemical India Reduces Dividend to Rs 0.90 - 04 Jul, 2024

    Sumitomo Chemical India has reduced its dividend to Rs 0.90, resulting in a lower dividend yield. However, the stock price has increased by 35% in the last three months, and EPS is forecasted to expand by 91.8%, indicating potential for future growth and dividend payments. Overall, Sumitomo Chemical India could be a good option for dividend investors.

Insights on Sumitomo Chemical India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 54.71 Cr → 126.68 Cr (in ₹), with an average increase of 31.8% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.75% to 3.07% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 4.33% to 5.01% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 568.89 Cr → 864.9 Cr (in ₹), with an average increase of 18.9% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Fertilizers & Chemicals Travancore Ltd has given 73.5% return, outperforming this stock by 44.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Fertilizers & Chemicals Travancore Ltd has given 626.1% return, outperforming this stock by 594.8%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, SUMICHEM stock has moved down by -6.4%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 15.62% to 14.79% in Jun 2024 quarter

Sumitomo Chemical India Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹724.24Cr (-)₹903.48Cr (↑24.75%)₹542.02Cr (↓40.01%)₹674.20Cr (↑24.39%)₹838.89Cr (↑24.43%)
Net Income₹61.68Cr (-)₹143.45Cr (↑132.57%)₹54.73Cr (↓61.85%)₹109.90Cr (↑100.80%)₹126.69Cr (↑15.28%)
Net Profit Margin8.52% (-)15.88% (↑86.38%)10.10% (↓36.40%)16.30% (↑61.39%)15.10% (↓7.36%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,688.32Cr (-)₹3,034.99Cr (↑12.90%)₹3,391.45Cr (↑11.75%)₹3,301.01Cr (↓2.67%)
Total Liabilities₹1,160.49Cr (-)₹1,110.63Cr (↓4.30%)₹1,011.54Cr (↓8.92%)₹860.76Cr (↓14.91%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹221.63Cr (-)₹424.50Cr (↑91.54%)₹223.19Cr (↓47.42%)₹389.38Cr (↑74.46%)₹756.20Cr (↑94.21%)

Index Inclusions

S&P BSE Commodities

₹7,864.24

0.48 (37.25%)

BSE 500

₹37,203.52

0.03 (12.58%)

S&P BSE 400 MidSmallCap

₹12,717.51

0.37 (47.09%)

S&P BSE 250 SmallCap

₹7,396.63

0.47 (34.69%)

BSE Small-Cap

₹56,600.09

0.44 (246.73%)

Nifty 500

₹23,611.25

0.06 (13.1%)

Nifty MidSmallcap 400

₹20,670.80

0.44 (91.3%)

Nifty Smallcap 250

₹18,213.00

0.47 (85.65%)

S&P BSE AllCap

₹10,896.94

0.07 (7.15%)

Sumitomo Chemical India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
0.00
Foreign Institutions
3.07%
11.70
Mutual Funds
5.01%
15.61
Retail Investors
14.79%
-5.26
Others
2.13%
-7.65

Sumitomo Chemical India Ltd Key Indicators

Details20202021202220232024
Return On Assets %9.6112.8413.9614.8111.19
Details20202021202220232024
Book Value Per Share (₹)24.4830.8838.6147.7248.91
Details20202021202220232024
Earning Per Share (₹)4.16.928.4910.067.41
Details20202021202220232024
Return On Equity %20.1725.2425.1323.3915.34

Sumitomo Chemical India Ltd Valuation

Sumitomo Chemical India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (38.38x)

May 19, 2023

Industry (44.25x)

October 10, 2024

Today (62.47x)

October 10, 2024

Highest (75.80x)

June 25, 2020

LowHigh

Sumitomo Chemical India Ltd Earnings and Dividends

  • Sumitomo Chemical India Ltd Earnings Results

    Sumitomo Chemical India Ltd’s net profit jumped 105.38% since last year same period to ₹126.68Cr in the Q1 2024-2025. On a quarterly growth basis, Sumitomo Chemical India Ltd has generated 15.48% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Sumitomo Chemical India Ltd Dividends May,2024

    In the quarter ending March 2024, Sumitomo Chemical India Ltd has declared dividend of ₹0.90 - translating a dividend yield of 1.08%.

    Read More about Dividends

Sumitomo Chemical India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Sumitomo Chemical India Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Sumitomo Chemical India Ltd

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Sumitomo Chemical India Ltd (SUMICHEM) share price today is ₹545.1

Sumitomo Chemical India Ltd is listed on NSE

Sumitomo Chemical India Ltd is listed on BSE

  • Today’s highest price of Sumitomo Chemical India Ltd is ₹550.
  • Today’s lowest price of Sumitomo Chemical India Ltd is ₹541.1.

PE Ratio of Sumitomo Chemical India Ltd is 62.47

PE ratio = Sumitomo Chemical India Ltd Market price per share / Sumitomo Chemical India Ltd Earnings per share

Today’s traded volume of Sumitomo Chemical India Ltd(SUMICHEM) is 1.49L.

Today’s market capitalisation of Sumitomo Chemical India Ltd(SUMICHEM) is ₹27158.52Cr.

Sumitomo Chemical India Ltd(SUMICHEMPrice
52 Week High
₹628.3
52 Week Low
₹336.1

Sumitomo Chemical India Ltd(SUMICHEM) share price is ₹545.1. It is down -13.24% from its 52 Week High price of ₹628.3

Sumitomo Chemical India Ltd(SUMICHEM) share price is ₹545.1. It is up 62.18% from its 52 Week Low price of ₹336.1

Sumitomo Chemical India Ltd(SUMICHEMReturns
1 Day Returns
1%
1 Month Returns
-6.35%
3 Month Returns
9.81%
1 Year Returns
28.69%