BASF India Limited is an Indian subsidiary of BASF, a Germany-based and the world’s largest chemical manufacturer. The company is involved in the manufacturing and marketing of chemicals, plastics, and related products. The company was incorporated on 13 May 1943, and its market capitalisation, as of 13 October 2022, is Rs 12,442 crore. The headquarters of the company is located in Ludwigshafen, Germany, and its head office in India is located in Navi Mumbai, Maharashtra.
The company is listed on National Stock Exchange and the Bombay Stock Exchange. The NSE code of the company is BASF, whereas the BSE code is 500042.
BASF India has been adjudged as the most admired company in India in the chemicals and fertilisers sector by the Economic Times Survey of 2000. The company’s product portfolio includes agricultural solutions, industrial solutions, leather chemicals, textile chemicals, automotive coatings, construction chemicals, tanning agents, petrochemicals, resins, additives, and polystyrenes, among others. It has reported consolidated sales of Rs 3887.79 crore and a net profit of Rs 196.75 crore for the quarter that ended June 2022.
In June 2022, the shareholding pattern of the company reflected that a 73.33% stake in the company was owned by promoters, a 17.70% stake was owned by retail investors, a 3.53% stake was owned by other domestic institutions, a 2.78% stake was owned by the Foreign Institutional Investors (FIIs), and the remaining 2.66% was invested in mutual funds. The company’s management team comprises Mr Pradip P Shah (Chairman and Independent Director), Mr R A Shah (Independent Director), Mr Arun Bewoor (Independent Director), Mr Rajesh Naik (Whole-time Director), and Mr Narendranath J Baliga (Alternate Director and CFO), among others.
On 14 October 2022, BASF India Limited’s share price closed at Rs 2878.60 at the NSE and Rs 2868.30 at the BSE. The 52-week high for this share price is Rs 3,740.00, whereas the 52-week low price for this share is Rs 2854.35. BASF India Limited shares have given a six-month return of 2.26% and the company’s PE ratio and PB ratios, as of 14 October 2022, stood at 21.26 and 0.19, respectively.
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