Is Southern Petrochemical Industries Corporation Ltd (SPIC) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Southern Petrochemical Industries Corporation Ltd is a average quality company .

Is Southern Petrochemical Industries Corporation Ltd (SPIC) undervalued or overvalued?

The key valuation ratios of Southern Petrochemical Industries Corporation Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Southern Petrochemical Industries Corporation Ltd (SPIC) share price return in the past 10 years?

Southern Petrochemical Industries Corporation Ltd share price has appreciated 12% annually (CAGR) over the past ten years.

What is the share price of Southern Petrochemical Industries Corporation Ltd (SPIC)?

Company share prices are keep on changing according to the market conditions. The current trading price of Southern Petrochemical Industries Corporation Ltd (SPIC) on 17-Apr-2026 16:59:59 at 16:59 is 72.17.

What is the market cap of Southern Petrochemical Industries Corporation Ltd (SPIC)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Apr-2026 at 16:59, the market cap of Southern Petrochemical Industries Corporation stood at Rs. 1469.67 Cr.

What is the P/E ratio of Southern Petrochemical Industries Corporation?

The latest standalone P/E ratio of Southern Petrochemical Industries Corporation as of 17-Apr-2026 is 8.49.

What is the 52-week high and low of Southern Petrochemical Industries Corporation Ltd (SPIC)?

The 52-week high of Southern Petrochemical Industries Corporation Ltd (SPIC) is Rs. 128.10 and the 52-week low is Rs. 55.00.

What is the TTM revenue of Southern Petrochemical Industries Corporation Ltd (SPIC)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Southern Petrochemical Industries Corporation is Rs. 3111.54 (Cr.).

Southern Petrochemical Industries Corporation Ltd (SPIC) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Southern Petrochemical Industries Corporation Ltd (SPIC)
Brand: Southern Petrochemical Industries Corporation

Southern Petrochemical Industries Corporation Ltd (SPIC) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Southern Petrochemical Industries Corporation Ltd (SPIC)

BSE: 590030 NSE: SPIC

Key Metrics

Market Cap

₹1,470 Cr.

P/E Ratio

8.49

Price to Book (P/B)

1.24

Price to Sales (P/S)

0.47

EV/EBITDA

4.61

Return on Capital Employed (ROCE)

16.21%

Current Price

₹72.2

Return on Equity (ROE)

13.08%

Return on Assets (ROA)

7.18%

Operating Profit Margin

9.2%

Net Profit Margin

4.24%

Gross Profit Margin

7.7%

Book Value per Share

₹58

Sales Growth (YoY)

58.77%

Sales Growth (3 Years)

18.07%

Operating Profit Growth (1 Year)

12.81%

Operating Profit Growth (3 Years)

17.01%

Net Profit Growth (1 Year)

48.83%

52-Week Low / High

₹55 / 128

Net Profit Growth (3 Years)

-78.96%

Dividend Yield

2.47%

Promoter Holding

53.38%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Southern Petrochemical Industries Corporation Ltd?

Southern Petrochemical Industries Corporation Ltd revenue growth is 58.8% for FY-2025 , which is above its 5 year CAGR of 8.2% , indicating faster growth.

Q.1 Promoter shareholding and pledge status of Southern Petrochemical Industries Corporation Ltd?

Promoters hold 53.38% of the Southern Petrochemical Industries Corporation Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Southern Petrochemical Industries Corporation Ltd vs industry peers?

Southern Petrochemical Industries Corporation Ltd revenue CAGR is 8.22% , compared to the industry median CAGR of 8.22% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Southern Petrochemical Industries Corporation Ltd belong to?

Southern Petrochemical Industries Corporation Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Fertilizers segment.

Q.1 Stock return of Southern Petrochemical Industries Corporation Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 12% based on the current price.

DeciZen - make an informed investing decision on SPIC

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation

3. Price Trend

Southern Petrochemical Industries Corporation stock performance

Key Ratios

Is Southern Petrochemical Industries Corporation Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	10.4%	6.3%	11.4%	13.5%	11.7%	8.9%	20.9%	30%	13.4%	16.2%	-
Value Creation Index ⓘ	-0.3	-0.6	-0.2	0.0	-0.2	-0.4	0.5	1.1	0.0	0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,838	1,499	1,994	2,592	2,079	1,527	1,875	2,829	1,944	3,086	3,112
Sales YoY Gr.	-	-18.4%	33%	30%	-19.8%	-26.6%	22.8%	50.9%	-31.3%	58.8%	-
Adj EPS ⓘ	2.3	1.3	2	2.7	4.1	3	7	14.2	6.1	6.5	8.5
YoY Gr.	-	-43.9%	53.9%	38.6%	50.9%	-26.2%	130.9%	101.9%	-56.7%	6.2%	-
BVPS (₹) ⓘ	11.5	13.2	15	17.1	19.7	22.6	30.2	43.5	46.7	51.5	58
Adj Net Profit ⓘ	46.5	26.1	40.1	55.7	83.9	61.9	143	289	125	133	173
Cash Flow from Ops. ⓘ	30.2	-351	330	67.4	136	360	-106	-11.4	227	-38	-
Debt/CF from Ops. ⓘ	4	-1.5	0.8	5.9	3	0.3	-2.9	-35.2	2	-18.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.9%	8.2%	18.1%	58.8%
Adj EPS ⓘ	12.4%	9.6%	-2.4%	6.2%
BVPSⓘ	18.2%	21.2%	19.5%	10.3%
Share Price	12%	20.5%	3.6%	-16.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	19.9	10.2	14	17	22.4	14.4	26.6	38.5	13.6	13.3	15.5
Op. Profit Mgn % ⓘ	4.3	2.4	5.9	3.9	7.3	5.6	9.6	12.7	13.1	9.2	9.4
Net Profit Mgn % ⓘ	2.5	1.7	2	2.2	4	4.1	7.6	10.2	6.4	4.3	5.6
Debt to Equity ⓘ	0.5	2	0.9	1.2	1	0.2	0.5	0.5	0.5	0.7	-
Working Cap Days ⓘ	227	258	168	171	251	266	149	123	162	105	45
Cash Conv. Cycle ⓘ	-181	-127	-59	-113	-197	-207	-76	-37	-39	-7	-0

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	8.5	9.9
TTM Sales (₹ Cr.)	3,112	3,112
BVPS (₹) ⓘ	58	66
Reserves (₹ Cr.) ⓘ	977	1,140
P/BV ⓘ	1.24	1.09
PE ⓘ	8.49	7.29

From the Market
52 Week Low / High (₹)	55.00 / 128.10
All Time Low / High (₹)	5.10 / 128.10
Market Cap (₹ Cr.)	1,470
Equity (₹ Cr.)	203.6
Face Value (₹)	10
Industry PE ⓘ	23.2

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of SPIC - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1,838	1,499	1,994	2,592	2,079	1,527	1,875	2,829	1,944	3,086
Operating Expenses ⓘ +	1,800	1,651	1,883	3,055	1,966	1,457	1,699	2,475	1,694	2,805
Manufacturing Costs	589	568	731	800	652	541	409	325	280	349
Material Costs	1,063	790	1,064	1,598	1,185	815	1,187	2,032	1,310	2,305
Employee Cost	43	53	53	62	59	60	67	73	68	85
Other Costs ⓘ	105	240	35	595	70	40	36	45	36	66
Operating Profit ⓘ	38	-152	111	-463	113	70	176	354	249	281
Operating Profit Margin (%)	2.1%	-10.1%	5.6%	-17.9%	5.4%	4.6%	9.4%	12.5%	12.8%	9.1%
Other Income ⓘ +	19	219	5	585	10	29	23	21	18	14
Exceptional Items ⓘ	9	0	2	0	0	0	0	0	-49	0
Interest ⓘ	12	11	41	36	34	14	14	31	38	55
Depreciation ⓘ	29	31	40	32	32	38	44	44	38	38
Profit Before Tax ⓘ	25	26	37	53	57	47	140	300	143	203
Tax ⓘ	0	0	0	0	0	-5	0	15	55	72
Profit After Tax	25	26	37	53	57	52	140	284	88	131
PAT Margin (%)	1.4%	1.8%	1.9%	2.1%	2.7%	3.4%	7.5%	10.1%	4.5%	4.2%
Adjusted EPS (₹)	1.2	1.3	1.8	2.6	2.8	2.6	6.9	14.0	4.3	6.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	7%	11%	35%	31%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	246	269	306	348	401	460	614	886	951	1,049
Share Capital ⓘ	216	204	204	204	204	204	204	204	204	204
Reserves ⓘ	30	65	102	144	197	256	411	682	748	845
Debt +	120	536	263	366	279	104	302	281	144	527
Long Term Debt	0	34	163	129	0	0	37	101	24	142
Short Term Debt	120	502	100	238	279	104	264	179	120	384
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1,146	370	739	1,209	1,182	949	488	602	61	236
Others Liabilities ⓘ	97	9	26	-15	93	40	106	207	351	327
Total Liabilities ⓘ	1,609	1,183	1,334	1,908	1,955	1,552	1,510	1,975	1,508	2,139
Fixed Assets
Net Fixed Assets ⓘ +	280	261	245	231	352	524	681	656	651	619
Gross Block	1,417	284	302	319	468	675	865	845	742	734
Accumulated Depreciation	1,137	22	57	88	116	151	184	189	91	116
CWIP ⓘ	12	23	35	69	26	18	2	1	34	108
Investments ⓘ	32	36	35	65	64	59	94	92	101	102
Inventories	93	229	189	188	135	351	449	221	95	80
Trade Receivables	63	92	47	18	9	7	0	10	18	12
Cash Equivalents	16	7	8	77	72	106	6	17	174	50
Others Assets ⓘ	1,113	535	774	1,260	1,296	489	278	978	436	1,168
Total Assets ⓘ	1,609	1,183	1,334	1,908	1,955	1,552	1,510	1,975	1,508	2,139

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	30	-351	330	67	136	360	-106	-11	227	-38
PBT ⓘ	25	26	37	53	57	47	140	300	143	203
Adjustment ⓘ	43	41	71	56	67	28	39	68	70	86
Changes in Working Capital ⓘ	-37	-417	222	-46	16	285	-285	-335	71	-302
Tax Paid ⓘ	-1	-0	-1	4	-4	0	-1	-44	-56	-25
Cash Flow From Investing Activity ⓘ +	-16	-17	-40	-101	-151	-158	-156	-34	-175	-145
Capex	-16	-19	-36	-67	-151	-183	-161	-29	-73	-253
Net Investments	0	-0	-0	-41	-2	21	-1	-18	-112	98
Others ⓘ	-0	2	-3	7	2	4	6	13	10	10
Cash Flow From Financing Activity ⓘ +	-9	360	-290	102	6	-188	189	57	0	163
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	34	129	0	0	-177	172	13	125	3
Interest Paid ⓘ	-9	-13	-15	-33	-33	-11	-8	-28	-37	-56
Dividend Paid ⓘ	0	0	0	0	0	0	0	-10	-30	-31
Others ⓘ	-0	339	-403	136	40	0	25	82	-57	247
Net Cash Flow ⓘ	5	-8	-0	69	-8	14	-73	11	53	-20

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	11.19	10.49	12.96	16.32	15.22	12.05	26.14	37.91	9.57	13.08
ROCE (%)	10.4	6.31	11.38	13.52	11.71	8.86	20.9	30.01	13.39	16.21
Asset Turnover Ratio	1.24	1.08	1.6	1.63	1.09	0.89	1.25	1.65	1.13	1.72
PAT to CFO Conversion(x)	1.2	-13.5	8.92	1.26	2.39	6.92	-0.76	-0.04	2.58	-0.29
Working Capital Days
Receivable Days	8	19	13	5	2	2	1	1	3	2
Inventory Days	22	39	38	26	28	57	76	43	29	10
Payable Days	353	350	190	222	368	477	221	98	92	24

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Southern Petrochemical Industries Corporation Ltd FAQs

The current trading price of SPIC on 17-Apr-2026 16:59 is ₹72.17.

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 16-Apr-2026 the market cap of SPIC stood at ₹1,469.7 Cr

The latest P/E ratio of SPIC as of 16-Apr-2026 is 8.49.

The latest P/B ratio of SPIC as of 16-Apr-2026 is 1.24.

The 52-week high of SPIC is ₹128.1 and the 52-week low is ₹55.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of SPIC is ₹3,112 ( Cr.) .

About Southern Petrochemical Industries Corporation Ltd

Southern Petrochemical Industry Corporation (SPIC) since its founding in 1975 has been providing product & services that feed, nourish, and protect the agriculture & rural ecosystem.

During the financial year 2000-01, the company disposed of its stake in SPIC PHI Seeds Ltd., in favour of the overseas joint venture partner and also hived off the Heavy Chemicals Division. The company is in the process of identifying suitable partners/ business options for hiving off the pharmaceutical and biotechnology operations.

The company is now a well diversified one with area of businesses spreading from fertilizers to pharma:

Fertilizers- SPIC is among India's largest manufacturers of fertilizers. Operating through a vast India-wide distribution network involving more than 12 states and 4000 outlets, we market more than 2 million tonnes of fertilizers annually to enhance the agricultural productivity and profitability of millions of farmers.

- Urea - Complex fertilizers- Di ammonium phosphate (DAP) - Fertilizer-grade gypsum - Muriate of potash - Sulphuric acid, phosphoric acid, and aluminium fluoride

Engineering- SPIC's engineering services business offers specialized and turnkey project-based solutions mainly in:- Rural and railway electrification - Chemicals and petrochemicals - Fertilizers - Oil and gas - Power

Pharma- Fermentation-based Penicillin-Gâ€”among the world's most cost-effective; - Customs synthesis and contract manufacturing of active pharmaceutical ingredients (apsis), drug intermediates, and synthetic organics compounds for global innovator companies; - Finished dosage forms; - Plant-based neutraceuticals.

Enzymes- Leather - Chemicals and pharmaceuticals - Textiles - Pulp and paper - Food processing - Vegetable oil extraction - Animal feed - Breweries

Agri biotech- Tissue culture plants - Bio-fertilizers - Hybrid seeds - Crop protection

Awards/ Achievements:

National Safety Award for best safety performance 2003 from British Safety Council, UK
Best technical innovation award 2003-04 from Fertilizer Association of India
Best environmental protection award 2003-04 from Fertilizer Association of India
Star Award 2003 from National Safety Council, Tamil Nadu Chapter
Certificate of merit for ISO 9001 and ISO 14001 certification from Indian Chemical Manufacturers' Association
Commendation certificate for being among the top importers 2003-04 at Tuticorin Port from Tuticorin Customs Commissionerate
Best importer award 2003-04 for fertilizer raw materials from Tuticorin Port Trust.

Certifications

1997- ISO 9002 certification for SPIC's engineering services workshop ABS Quality Evaluation, US
1995- ISO 9001 certification from ABS Quality Evaluation, US

Awards for the engineering division

British Safety Council, UK - Five Star Rating Award- Sword of Honor Award- National Safety Award
National Safety Council, US- Award of Honor- International first place- Award of Merit- Safety Star Award
Kuwait National Petroleum Company- Refinery Managers' Rolling Trophy 2001- Refinery Managers' Rolling Trophy 1998

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Southern Petrochemical Industries Corporation Ltd (SPIC) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

SPIC Share Price