loader2
Partner With Us NRI

Sumitomo Chemical India Ltd share Price Today

Company details

499.05
516.00
336.10
517.70
6M Return 27.97%
1Y Return 23.16%
Mkt Cap.(Cr) 25,179.42
Volume 499,144
Div Yield 1.17%
OI
-
OI Chg %
-
Volume 499,144

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
Weak domestic demand impacts Q3 revenues…
About The Stock

    Incorporated in 2000, Sumitomo Chemical India (SCI) is present in the three business verticals of agro solutions (ASD), environmental health (EHD) and animal nutrition business (AND).

    • SCI provides solutions for insecticide, herbicide, fungicide, plant growth regulator (PGR) under agro segment. Under animal nutrition, it manufactures methionine for feed additive use
    • In terms of revenue contribution, insecticide constitutes ~51% while ~19% is from herbicide, 9% from fungicide and 20% from other segments like PGR, AND & EHD
Q3FY23

    Topline numbers were below estimates led by lower demand from domestic market while the international market reported decent numbers.

    • Reported revenue was up 6.6% YoY to ₹ 753.7 crore, led by 14.1% YoY growth in insecticides along with 20.1% YoY growth in herbicides
    • Gross margins were down 223 bps YoY to 35.3% while EBITDA margin de-grew 191 bps YoY to 16%
    • EBITDA was down 5% YoY to ₹ 120.4 crore while PAT increased 2% YoY to ₹ 90.5 crore

Click here for full recommendation

Research view on more stocks

Sumitomo Chemical India Ltd shares SWOT Analysis

Strengths (10)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (3)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Degrowth in Revenue and Profit

Opportunity (2)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 514.0
R2 523.5
R3 530.9
Pivot

506.50

S1 497.0
S2 489.6
S3 480.1
EMA SMA
498.2
476.2
449.4
430.7
498.8
478.3
428.0
413.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-11 504.95 227258 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-11 504.95 43924 BSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-10-11 504.95 227258 BSE
Name Category Shares
Sumitomo Chemical Co. Ltd. PROMOTER 75%

OUR RESEARCH VIEW

Investment recommendation
Weak domestic demand impacts Q3 revenues…
Call Date
21 Feb 2023
Entry Price 438.00
Target Price 525.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Sumitomo Chemical India Ltd Stocks COMPARISON

Financials( in Cr) Sumitomo Chemical India Ltd P I Industries Ltd UPL Ltd Bayer CropScience Ltd Dhanuka Agritech Ltd
Price 504.45 4,207.00 544.15 6,622.50 1,692.30
% Change 1.31 4.96 2.78 -0.05 0.07
Mcap Cr 25,179.42 63,827.76 40,844.33 29,762.84 7,713.16
Revenue TTM Cr 2,843.95 6,492.00 53,576.00 5,103.20 1,758.54
Net Profit TTM Cr 369.74 1,229.50 4,414.00 740.50 239.09
PE TTM 71.59 37.94 0.00 40.07 32.51
1 Year Return 23.16 17.73 -13.08 47.52 118.39
ROCE 20.61 21.56 15.20 32.25 26.69
ROE 15.33 18.46 16.20 26.63 20.64
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,441.57 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 3,555.27 41,445.87
LAST 3M 81,242.17 56,953.52
LAST 6M 176,360.83 56,552.99
LAST 12M 304,497.96 86,223.40
Board Meeting for Today

Jul 27, 2024 l Board Meetings for Today

Board Meetings Forthcomming

Jul 27, 2024 l Board Meetings Forthcomming

NSE Board Meetings Forthcomming

Jul 27, 2024 l NSE Board Meetings Forthcomming

Date Action Type Ratio
Jul 19, 2024 Dividend 9
Feb 14, 2024 Dividend 50
Jul 21, 2023 Dividend 12

Sumitomo Chemical India Ltd Information

Stock PE (TTM)
71.59
Promoter Holding
75%
Book Value
48.9149
ROCE
20.61%
ROE
15.33%
Registered Address

Building No.1 Ground Floor, Shant Manor Co-op Housing Soc., Mumbai, Maharashtra, 400101

Tel : 91-22-28866666
Email : investor.relations:sumichem.co.in
Website : http://www.sumichem.co.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 542920
NSE Code : SUMICHEM
Book Closure Date (Month) :
BSE Group : A
ISIN : INE258G01013

FAQ’s on Sumitomo Chemical India Ltd Shares

You can buy Sumitomo Chemical India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sumitomo Chemical India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jul 26, 2024 03:59 PM the closing price of Sumitomo Chemical India Ltd was Rs.504.45.

The latest PE ratio of Sumitomo Chemical India Ltd as of Jul 26, 2024 03:59 PM is 71.59

The latest PB ratio of Sumitomo Chemical India Ltd as of Jul 26, 2024 03:59 PM is 0.10

The 52-week high of Sumitomo Chemical India Ltd share price is Rs. 517.70 while the 52-week low is Rs. 336.10

According to analyst recommendations, Sumitomo Chemical India Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jul 26, 2024 03:59 PM, the market cap of Sumitomo Chemical India Ltd stood at Rs. 25,179.42 Cr.

Download App

Download Our App

Play Store App Store
market app