SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Chemiesynth (Vapi) Ltd (539230)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539230 NSE: Chemicals | Small Cap | Chemiesynth (Vapi) Share Price

₹63.66 0.00 (0.00%)

As on 29-May'26 16:59

Chemiesynth (Vapi) Ltd (539230)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 539230 NSE: Chemicals | Small Cap | Chemiesynth (Vapi) Share Price

₹63.66 0.00 (0.00%)

As on 29-May'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹20 Cr.
Current Price
₹63.7
52-Week Low / High
₹36 / 64
TTM EPS
₹-3.2
TTM Sales
₹21.4 Cr.
Book Value per Share
₹32.8
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
50.2
Price to Book (P/B)
1.94
Higher than its 5-year historical median
Price to Sales (P/S)
0.91
Higher than its 5-year historical median
EV/EBITDA
26.12
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-0.95%
Underperforms industry median
Return on Capital Employed (ROCE)
3.10%
Underperforms industry median
Return on Assets (ROA)
-0.33%
Operating Profit Margin
11.7%
Net Profit Margin
-0.56%
Gross Profit Margin
7.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
14.97%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
42.58%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
62.35%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹7 Cr.
Equity
₹3.1 Cr.
Face Value
₹10
All Time Low / High
₹15.00 / 63.66

Chemiesynth (Vapi) stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Chemiesynth (Vapi) Ltd a good quality company?
Chemiesynth (Vapi) Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Chemiesynth (Vapi) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Chemiesynth (Vapi) Ltd vs industry peers?
Chemiesynth (Vapi) Ltd revenue CAGR is 5.35%, compared to the industry median CAGR of 7.53%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Chemiesynth (Vapi) Ltd?
Promoters hold 62.35% of the Chemiesynth (Vapi) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Chemiesynth (Vapi) Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 44.73% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Chemiesynth (Vapi) Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -3.2%0.1%5.7%14.2%14.3%28.4%20.7%5.9%1%3.1%-
Value Creation
Index
-1.2-1.0-0.60.00.01.00.5-0.6-0.9-0.8-

Growth Parameters

Sales 5.13.113.311.214.619.930.220.916.418.921
Sales YoY Gr.--39.7%331.1%-15.9%30%36.7%51.7%-30.6%-21.5%15%-
Adj EPS -1.8-1.20.33.7411.64.71.8-1.3-0.4-3.2
YoY Gr.-NANA1100%8.1%187.6%-59.3%-61.8%-170%NA-
BVPS (₹) 6.86.67.911.71627.636.438.236.935.832.8
Adj Net
Profit
-0.6-0.40.11.11.23.61.50.6-0.4-0.1-1
Cash Flow from Ops. -1.5-0.10.62.61.36.52.90.3-02.7-
Debt/CF from Ops. -5.4-61.414.437.61.7450.6-606.15.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 15.6%5.4%-14.5%15%
Adj EPS NA-161.4%-142%NA
BVPS20.2%17.5%-0.6%-3.2%
Share Price - - 47.1% 86.5%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-21.8-174.33829.153.214.74.8-3.4-1-9.4
Op. Profit
Mgn %
-2.7-2.64.917.315.72814.812.39.411.76.3
Net Profit
Mgn %
-10.7-11.70.710.28.517.84.82.6-2.4-0.6-4.6
Debt to
Equity
3.943.32.121.311.21.41.40.8
Working Cap
Days
131202549594917411114112230
Cash Conv.
Cycle
-1352-16-18-41-10257461-61

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales5.123.0913.3211.2014.5619.9030.1820.9416.4318.89
Operating Expenses + 5.263.1712.679.2612.2814.3225.7118.3714.8916.68
Manufacturing Costs1.821.262.934.966.387.4011.038.266.856.93
Material Costs1.740.618.121.913.013.159.785.283.094.29
Employee Cost 1.060.740.761.501.682.443.103.153.353.39
Other Costs 0.640.560.870.881.211.321.801.671.602.06
Operating Profit -0.14-0.080.651.942.295.584.472.571.552.21
Operating Profit Margin (%) -2.7%-2.5%4.8%17.3%15.7%28.0%14.8%12.3%9.4%11.7%
Other Income + 0.030.270.460.060.120.020.0200.010.01
Exceptional Items 0000000.92000
Interest 0.230.190.190.090.280.480.500.590.710.83
Depreciation 0.200.180.520.460.550.781.051.171.301.40
Profit Before Tax -0.54-0.180.391.461.584.343.860.81-0.45-0.01
Tax 0000.280.270.771.140.26-0.060.10
Profit After Tax -0.54-0.180.391.171.313.562.720.56-0.39-0.11
PAT Margin (%) -10.6%-5.9%3.0%10.5%9.0%17.9%9.0%2.7%-2.4%-0.6%
Adjusted EPS (₹)-1.8-0.61.33.84.311.68.91.8-1.3-0.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Chemiesynth (Vapi) - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2.252.022.413.594.908.4611.1711.7311.3410.98
Share Capital 3.073.073.073.073.073.073.073.073.073.07
Reserves -0.82-1.05-0.660.521.835.398.108.668.277.91
Debt +88.028.017.689.7310.8610.9913.0314.9414.04
Long Term Debt6.966.956.956.956.959.027.538.418.568.04
Short Term Debt1.041.071.060.742.781.843.474.626.386
Minority Interest0000000000
Trade Payables0.761.240.973.173.026.024.272.910.952.37
Others Liabilities 0.700.350.510.690.161.543.183.334.144.80
Total Liabilities 11.7011.6311.9015.1317.8126.8729.6231.0131.3732.19

Fixed Assets

Net Fixed Assets +9.989.719.6210.6912.3120.3922.3824.5125.0825.83
Gross Block16.7216.2516.4517.9320.0328.8831.9335.2237.0939.24
Accumulated Depreciation6.746.546.827.237.728.509.5510.7112.0113.42
CWIP 0000.241.3400000
Investments 0000000000
Inventories0.650.970.361.211.791.432.172.903.281.97
Trade Receivables0.440.210.991.691.593.703.442.712.122.85
Cash Equivalents 0.080.120.130.520.310.411.010.020.040.02
Others Assets 0.540.620.800.760.470.940.620.860.841.52
Total Assets 11.7011.6311.9015.1317.8126.8729.6231.0131.3732.19

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -1.50-0.130.562.561.286.492.900.27-0.032.65
PBT -0.54-0.180.391.461.584.343.860.81-0.45-0.01
Adjustment 0.390.090.620.480.741.201.531.741.992.19
Changes in Working Capital -1.14-0.04-0.460.96-0.541.67-0.94-1.16-0.721.29
Tax Paid 000-0.26-0.24-0.30-1.07-0.55-0.15-0.03
Cash Flow From Investing Activity + -0.080.32-0.38-1.71-3.20-7.51-3.05-3.29-1.87-2.14
Capex -0.090.31-0.39-1.72-3.21-7.51-3.05-3.29-1.87-2.15
Net Investments 0000000000
Others 0.020.010.010.010.0100000.01
Cash Flow From Financing Activity + 1.57-0.16-0.16-0.451.701.130.742.041.90-0.52
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1.40-0.010002.07-1.490.890.15-0.52
Interest Paid 0-0.18-0.160000000
Dividend Paid 0000000000
Others 0.170.03-0.01-0.451.70-0.942.231.151.76-0
Net Cash Flow -0.020.030.010.40-0.220.110.59-0.980.01-0.01

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-22.95-8.817.7939.130.8153.3527.674.85-3.37-0.95
ROCE (%)-3.220.115.6714.2114.3228.3720.75.850.983.1
Asset Turnover Ratio0.430.271.130.830.880.891.070.690.530.59
PAT to CFO Conversion(x)N/AN/A1.442.190.981.821.070.48N/AN/A
Working Capital Days
Receivable Days44.9038.4016.4043.8041.1048.5043.2053.6053.6048
Inventory Days50.2095.7018.3025.6037.6029.6021.8044.2068.6050.70
Payable Days305.90595.2049.60394.60375.50523.80192.10248.40227.90141.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Chemiesynth (Vapi) Ltd FAQs

The current trading price of Chemiesynth (Vapi) on 29-May-2026 16:59 is ₹63.66.

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 28-May-2026 the market cap of Chemiesynth (Vapi) stood at ₹19.54 Cr

The latest P/E ratio of Chemiesynth (Vapi) as of 28-May-2026 is 0.00.

The latest P/B ratio of Chemiesynth (Vapi) as of 28-May-2026 is 1.94.

The 52-week high of Chemiesynth (Vapi) is ₹63.66 and the 52-week low is ₹35.84.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Chemiesynth (Vapi) is ₹21.43 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Chemiesynth (Vapi) Ltd is a below average quality company.

The key valuation ratios of Chemiesynth (Vapi) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Chemiesynth (Vapi) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Chemiesynth (Vapi) Ltd

Chemiesynth (Vapi) Limited was incorporated as a private limited company in the year 1984 under the Companies Act, 1956. The foundation of its business is built on strong relationships, innovation and uncompromising ethical standards. It’s constantly strive to create significant value for entrepreneurs and companies by helping them execute the right strategy.

Business area of the company 

The company is into manufacturing of chemical dyes and specialty intermediates for leading agro chemical and pharmaceutical companies in India.

Products of the company 

  • Fluorescent dyes  
  • Intermediates  
  • Hair dyes  
  • Fuel dyes and markers  
  • Custom manufacturing 

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×