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BASF India Ltd (BASF)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500042 NSE: BASF Chemicals | Small Cap | BASF India Share Price

₹3,670.35 -30.35 (-0.82%)

As on 24-Jul'26 16:59

BASF India Ltd (BASF)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500042 NSE: BASF Chemicals | Small Cap | BASF India Share Price

₹3,670.35 -30.35 (-0.82%)

As on 24-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹15,887 Cr.
Current Price
₹3,670.4
52-Week Low / High
₹2,907 / 5,199
TTM EPS
₹96.3
TTM Sales
₹14,985 Cr.
Book Value per Share
₹918.4
P/E Ratio
38.11
Higher than its 5-year historical median
Industry PE
51.7
Price to Book (P/B)
4.00
Lower than its 5-year historical median
Price to Sales (P/S)
1.06
In line with its 5-year historical median
EV/EBITDA
20.66
Higher than its 5-year historical median
Dividend Yield
0.68%
Profitability Efficiency
Return on Equity (ROE)
10.93%
Outperforms industry median
Return on Capital Employed (ROCE)
15.24%
Outperforms industry median
Return on Assets (ROA)
4.20%
Operating Profit Margin
4.7%
Net Profit Margin
2.78%
Gross Profit Margin
4.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
1.17%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-12.08%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-16.8%
Asset Quality
Promoter Holding
73.33%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3,932 Cr.
Equity
₹43.3 Cr.
Face Value
₹10
All Time Low / High
₹63.50 / 8748.10

BASF India stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Semi Strong
Q.1 Is BASF India Ltd a good quality company?
BASF India Ltd is a good quality company, based on a consistently good 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 BASF India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of BASF India Ltd vs industry peers?
BASF India Ltd revenue CAGR is 9.41%, compared to the industry median CAGR of 7.01%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of BASF India Ltd?
Promoters hold 73.33% of the BASF India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of BASF India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 13% based on the current price.

10 Year X-Ray :

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.
BASF India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 5.3%16.3%10.5%7.1%46.2%36.5%22.1%26.1%20%15.2%-
Value Creation
Index
-0.60.2-0.2-0.52.41.70.60.90.50.1-

Growth Parameters

Sales 5,0785,5836,0267,5959,55813,10013,64513,76714,81114,98514,985
Sales YoY Gr.-10%7.9%26%25.9%37.1%4.2%0.9%7.6%1.2%-
Adj EPS -0.834.83.518.769.5144.4100.7136118103.196.3
YoY Gr.-NA-89.9%432.4%270.7%107.8%-30.2%35.1%-13.3%-12.6%-
BVPS (₹) 254.4310325.8286.6411.6538.6622.7743.8844.1918.3918.4
Adj Net
Profit
-3.415115.281.1301625436589511446417
Cash Flow from Ops. 221290-77.2572483330531807389-101-
Debt/CF from Ops. 5.83-11.81.20.300000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 12.8%9.4%3.2%1.2%
Adj EPS NA8.2%0.8%-12.6%
BVPS15.3%17.4%13.8%8.8%
Share Price 13% 5.4% 11.5% -27.3%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-0.312.31.16.119.930.317.319.914.911.710.5
Op. Profit
Mgn %
5.96.534.47.47.35.66.75.34.74.4
Net Profit
Mgn %
-0.12.70.31.13.24.83.24.33.532.8
Debt to
Equity
1.20.70.70.50.1000000
Working Cap
Days
16616816615314613114116318318981
Cash Conv.
Cycle
3642524020212418222435

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales5,0785,5836,0267,5959,55813,10013,64513,76714,81114,985
Operating Expenses + 4,8135,2455,8767,3168,92712,18912,95912,88514,07214,335
Manufacturing Costs301315371298235311367365413417
Material Costs3,6043,9544,4736,0707,73010,76711,37511,31612,44412,454
Employee Cost 322351376363345381392392389465
Other Costs 586624656586617731824812827999
Operating Profit 266339149278631911686882740650
Operating Profit Margin (%) 5.2%6.1%2.5%3.7%6.6%7.0%5.0%6.4%5.0%4.3%
Other Income + 163010985282738838276
Exceptional Items 17159126-3240213150370
Interest 142113166140472014161620
Depreciation 169153147181174171182191170145
Profit Before Tax -122617210840760543759673562
Tax 215-10-13287165141196172145
Profit After Tax -142478223553595403563501417
PAT Margin (%) -0.3%4.4%1.4%0.3%5.8%4.5%3.0%4.1%3.4%2.8%
Adjusted EPS (₹)-3.356.918.95.3127.7137.493.1130.1115.896.3
Dividend Payout Ratio (%)-30.60%5.30%26.50%56.80%7.80%4.40%8.60%11.50%17.30%26%

Valuation of BASF India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1,1011,3421,4101,2411,7822,3322,6963,2203,6543,975
Share Capital 43434343434343434343
Reserves 1,0581,2991,3671,1971,7392,2882,6523,1773,6113,932
Debt +1,057494877482000000
Long Term Debt693321303147000000
Short Term Debt364173573335000000
Minority Interest0000000000
Trade Payables1,1831,2711,2662,2162,6723,3163,3733,5484,0973,644
Others Liabilities 5357412587929166675981,9112,1862,307
Total Liabilities 3,8763,8483,8114,7315,3696,3146,6678,6799,9379,927

Fixed Assets

Net Fixed Assets +1,2221,117957965817763793759694725
Gross Block1,5521,6171,5081,6261,6611,7551,9092,0542,0312,171
Accumulated Depreciation3295005516618439921,1161,2951,3371,446
CWIP 3327422353100196184160
Investments 000000002138
Inventories9201,0191,2131,5531,5361,9432,2172,1162,7942,709
Trade Receivables1,0691,0891,0411,4212,0592,6212,3452,5222,5092,747
Cash Equivalents 25913100173126367624807874
Others Assets 6075865456697307619262,5972,8362,704
Total Assets 3,8763,8483,8114,7315,3696,3146,6678,6799,9379,927

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 221290-77572483330531807389-101
PBT -122617210840760543759670562
Adjustment 2826467336-175163142134128114
Changes in Working Capital -4010-169239-114-339-0117-216-712
Tax Paid -9-44-48-14-68-255-154-204-193-65
Cash Flow From Investing Activity + -66158177-87182-120-199-450-111377
Capex -78-39-70-56-67-124-62-99-169-191
Net Investments 0000-30300-0-4234
Others 12197247-315514-137-35199534
Cash Flow From Financing Activity + -133-465-95-464-592-257-91-102-137-170
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -58-181-26-326000000
Interest Paid -70-87-168-119-21-11-6-16-14-20
Dividend Paid -5-5-16-26-13-43-26-35-65-86
Others -0-1911157-558-202-58-52-58-64
Net Cash Flow 22-1652173-47241255141106

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-1.2720.185.941.7336.5728.9216.0319.0514.5810.93
ROCE (%)5.3416.310.467.0946.1536.4822.1326.142015.24
Asset Turnover Ratio1.441.481.571.781.952.32.161.851.651.56
PAT to CFO Conversion(x)N/A1.17-0.9424.870.870.551.321.430.78-0.24
Working Capital Days
Receivable Days69.8068.8064.5059.2064.6063.6064.8062.5059.9061.90
Inventory Days57.1061.9067.6066.5057.4047.3054.3055.7058.4064.80
Payable Days115.90113.30103.50104.70115.40101.50107.30111.60112.10113.40

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

BASF India Ltd FAQs

The current trading price of BASF India on 24-Jul-2026 16:59 is ₹3,670.4.

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 23-Jul-2026 the market cap of BASF India stood at ₹15,887.3 Cr

The latest P/E ratio of BASF India as of 23-Jul-2026 is 38.11.

The latest P/B ratio of BASF India as of 23-Jul-2026 is 4.00.

The 52-week high of BASF India is ₹5,199 and the 52-week low is ₹2,906.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of BASF India is ₹14,985 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that BASF India Ltd is a good quality company.

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

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of BASF India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About BASF India Ltd

BASF India was known as R A Cole when it was incorporated in 1943. Later in the year 1963 the name was changed to Indoplast. In the year 1967 the company was renamed as BASF India which is flagship company of BASF Group. BASF is world’s leading company in chemical sector. BASF Group is a conglomerate that caters to various segments such as plastics, care chemicals, construction chemicals, petrochemicals, automotive and refinery chemicals, paper chemicals etc.

BASF India is engaged in the business of manufacturing & marketing of Styropor, tanning agents, leather chemicals and auxiliaries, crop protection chemicals, textile chemicals, dispersions and specialty chemicals, plastics, automotive and coil coatings, catalysts, construction chemicals, polystyrene and polyurethane systems.

With a strong manufacturing and R&D base, the BASF Group in India is represented by more than 1800 employees having multi-location production sites and an R&D centre, which is part of the BASF Global Technology Platform.

The company has three manufacturing facilities located in Thane, Mangalore and Dadra.

Chemicals manufactured by BASF India cater the needs of various industries such as leather, textile, paper, paints, construction, carpets, cosmetics, plastics, pharmaceutical, packaging and insulation.

In 2010, three BASF legal entities in India – BASF Coatings (India) Private Limited, BASF Construction Chemicals (India) Private Limited and BASF Polyurethanes India Limited were merged with BASF India Limited.

Recognition


2013
- BASF Thane site receives Energy Conservation Award
2011
– BASF awarded ''Social Business Company of the Year.
– BASF's Mangalore Site wins 1st prize for “Industrial Safety” in the medium scale category and the “Safe Boiler Award” in Karnataka by the Government of Karnataka

2010 
- BASF's Thane Site wins 1st prize for “Industrial Safety Performance” under the “Large” category of companies by the Directorate of Industrial Safety and Health, Thane Region
BASF conferred with the Frost & Sullivan Award for Product Excellence in Chemicals, Materials and Food sector

In the year 2000 BASF was in the Fortune 500 list of most admired chemical company in the world.

BASF India was titled as most admired Company in the Chemical and Fertilizer sector in a survey conducted by ORG-MARG.

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