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Deepak Chemtex Ltd (544036)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544036 NSE: Chemicals | Small Cap | Deepak Chemtex Share Price

₹80.44 -0.56 (-0.69%)

As on 22-Sep'26 16:59

Deepak Chemtex Ltd (544036)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544036 NSE: Chemicals | Small Cap | Deepak Chemtex Share Price

₹80.44 -0.56 (-0.69%)

As on 22-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹87 Cr.
Current Price
₹80.4
52-Week Low / High
₹67 / 150
TTM EPS
₹7.6
TTM Sales
₹67.6 Cr.
Book Value per Share
₹50.8
P/E Ratio
10.60
Lower than its 5-year historical median
Industry PE
48.3
Price to Book (P/B)
1.58
Lower than its 5-year historical median
Price to Sales (P/S)
1.29
Lower than its 5-year historical median
EV/EBITDA
5.78
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
25.76%
Outperforms industry median
Return on Capital Employed (ROCE)
34.01%
Outperforms industry median
Return on Assets (ROA)
20.72%
Operating Profit Margin
20.9%
Net Profit Margin
15.75%
Gross Profit Margin
23.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
34.92%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
106.09%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
109.55%
Asset Quality
Promoter Holding
73.05%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹44 Cr.
Equity
₹10.9 Cr.
Face Value
₹10
All Time Low / High
₹65.00 / 175.00

Deepak Chemtex stock performance

Key Ratios
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Q.1 Is Deepak Chemtex Ltd a good quality company?
Deepak Chemtex 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 Deepak Chemtex Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Deepak Chemtex Ltd vs industry peers?
Deepak Chemtex Ltd revenue CAGR is 13.66%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Deepak Chemtex Ltd?
Promoters hold 73.05% of the Deepak Chemtex Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Deepak Chemtex Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -38.89% 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.
Deepak Chemtex 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'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 55.7%62.7%57.6%29.4%28.3%-
Value Creation
Index
3.03.53.11.11.0-

Growth Parameters

Sales 29.654.146.750.46854
Sales YoY Gr.-83.1%-13.7%7.9%34.9%-
Adj EPS 3.25.27.468.76.1
YoY Gr.-60.5%41.5%-18.5%45.7%-
BVPS (₹) 6.51219.739.349.349.3
Adj Net
Profit
2.64.25.96.59.57
Cash Flow from Ops. 0.81.22.53.810.8-
Debt/CF from Ops. 2.11.80.60.40.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA7.9%34.9%
Adj EPS NANA18.9%45.7%
BVPSNANA60.2%25.5%
Share Price - - - -37.4%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
50.156.446.522.419.812.3
Op. Profit
Mgn %
14.11116.717.119.2NAN
Net Profit
Mgn %
8.87.712.612.91412.3
Debt to
Equity
0.30.20.100-
Working Cap
Days
0741291672120
Cash Conv.
Cycle
0346691810

Valuation of Deepak Chemtex - Consolidated

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!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales54.1146.7049.3579.45
Operating Expenses + 48.1638.6741.3162.88
Manufacturing Costs5.354.134.636.72
Material Costs37.3629.0429.1346.06
Employee Cost 1.702.012.833.81
Other Costs 3.753.504.726.30
Operating Profit 5.958.038.0416.57
Operating Profit Margin (%) 11.0%17.2%16.3%20.9%
Other Income + 0.331.131.182.51
Exceptional Items 0000
Interest 0.100.080.160.20
Depreciation 0.540.660.852.15
Profit Before Tax 5.648.438.2116.72
Tax 1.412.122.244.21
Profit After Tax 4.236.315.9712.51
PAT Margin (%) 7.8%13.5%12.1%15.8%
Adjusted EPS (₹)5.37.95.511.5
Dividend Payout Ratio (%)0%0%0%0%
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 9.3815.7041.9555.16
Share Capital 0.500.5010.8610.86
Reserves 8.8915.2031.0944.29
Debt +1.911.361.550.72
Long Term Debt0.270.0400.66
Short Term Debt1.641.311.550.05
Minority Interest0.010.0100.11
Trade Payables3.814.264.106.44
Others Liabilities 2.022.443.267.43
Total Liabilities 17.1323.7650.8669.86

Fixed Assets

Net Fixed Assets +2.974.377.5213.40
Gross Block6.798.8512.8520.88
Accumulated Depreciation3.824.485.337.48
CWIP 00.0900.13
Investments 0000
Inventories2.154.296.5711.21
Trade Receivables8.4411.1414.3520.16
Cash Equivalents 0.42119.725.64
Others Assets 3.142.862.7019.32
Total Assets 17.1323.7650.8669.86
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.823.44-16.22-3.48
PBT 5.648.438.2116.72
Adjustment 0.640.670.451.13
Changes in Working Capital -4.12-4.3-22.61-17.97
Tax Paid -1.33-1.36-2.27-3.37
Cash Flow From Investing Activity + -0.90-2.16-3.78-16.44
Capex -0.87-2.15-3.91-8.16
Net Investments 0000
Others -0.03-0.010.13-8.28
Cash Flow From Financing Activity + 0.33-0.7038.715.84
Net Proceeds from Shares 0020.280.15
Net Proceeds from Borrowing -0.03-0.23-0.040.66
Interest Paid -0.09-0.07-0.04-0.09
Dividend Paid 0000
Others 0.46-0.4018.515.11
Net Cash Flow 0.260.5818.71-14.08
PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)45.0950.3220.7225.76
ROCE (%)50.3759.827.6534.01
Asset Turnover Ratio3.162.281.321.32
PAT to CFO Conversion(x)0.190.55-2.72-0.28
Working Capital Days
Receivable Days5776.5094.2079.30
Inventory Days14.5025.2040.2040.80
Payable Days37.2050.7052.4041.80

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Announcements

Deepak Chemtex Ltd FAQs

The current trading price of Deepak Chemtex on 22-Sep-2026 16:59 is ₹80.44.

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 21-Sep-2026 the market cap of Deepak Chemtex stood at ₹87.39 Cr

The latest P/E ratio of Deepak Chemtex as of 21-Sep-2026 is 13.26.

The latest P/B ratio of Deepak Chemtex as of 21-Sep-2026 is 1.63.

The 52-week high of Deepak Chemtex is ₹150.0 and the 52-week low is ₹67.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deepak Chemtex is ₹53.50 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Deepak Chemtex Ltd is a below average quality company.

The key valuation ratios of Deepak Chemtex 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 Weak which suggest that the price of Deepak Chemtex Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Deepak Chemtex Ltd

Deepak Chemtex was originally incorporated as a private limited Company under the name of ‘Deepak Chemtex Private Limited’ on June 10, 1997 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai. Thereafter, the company has shifted its registered office from Mumbai to Pune effective from May 01, 2022. The company was converted from private limited to public limited and the name of the company was changed from ‘Deepak Chemtex Private Limited’ to ‘Deepak Chemtex Limited’ vide fresh certificate of incorporation dated September 04, 2023, issued by the Registrar of Companies, Pune, Maharashtra.

The company is primarily engaged in the business of manufacturing of colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries. Colorants are formulations of chemical intermediates, pigments or dyes and additives used to add colour to various consumables. It commenced its business in 1997 and has over the years evolved into manufacturing of a complete range of FD&C (Food, Drug and Cosmetic) colours used in the confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products. it also manufacture salt free dyes used in inkjet industry, pond dyes used in in ponds, lakes, swimming pools etc and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes etc.

Its manufacturing facility is situated at Ratnagiri District in Maharashtra and is equipped with glass lined reactors, boilers and stainless steel equipments and gets audited on a regular basis by its clients. It uses various production processes like: Sulphonation, Condensation, Bromination, Oxidation, Reduction, High pressure reactions, Purification etc which enables it to cater to niche and advanced requirements of a wider range of end-products and applications. It manufactures colorants from unwanted salts and isomers. The quality framework at its organization comprises of quality checks focused on shade testing, heavy metals detection, microbiological contamination tests and particle size analysis done by its in-house team. 

Its manufacturing facility is accredited with ISO 9001:2015 for quality management system for the manufacture and supply of chemical intermediates & dyes stuff. To ensure quality standards its manufacturing unit has also received HALAL certificate which guarantee that the food is prepared in accordance with Islamic law and is unadulterated and KOSHER certificate that a particular food item or product has been prepared in accordance with the Dietary Laws of Judaism.

Business area of the company

The company is primarily engaged in the business of manufacturing of colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries.

Products of the company

  • Lake colours
  • Pond Dyes
  • Car wash
  • Portable sanitation cleaners
  • Detergent and soap
  • Fuel, oil and lubricants
  • Ink and toner
  • Smoke
  • Floral dyes

History and milestones

  • 1997: Incorporation of the company as ‘Deepak Chemtex Private Limited’ under the Companies Act, 1956.
  • 1998: Land Acquired in Village Awashi, Taluka Khed, District Ratnagiri, Maharashtra for Factory.
  • 2000: Received Import Export code.
  • 2019: Received ISO 9001:2015.
  • 2020-21: Crossed turnover of Rs 25 crore.
  • 2021: Incorporated a subsidiary named as DCPL Speciality Chemicals Private Limited.
  • 2021-22: Crossed revenue of Rs 50 crore.
  • 2022: Registered office of company shifted from Mumbai to Ratnagiri at Factory’s address.
  • 2023: Incorporated a Wholly Owned subsidiary company at New Jersey, USA named as ‘South West Chemicals Corporation’ situated at 1 Auer CT, 2nd Floor, East Brunswick NJ 08816 with Entity ID: 0450954889.
  • 2023: Conversion of the company from Private Limited to Public Limited company.
  • 2023: Received HALAL - certificate of Compliance in accordance with GACB Board guidelines for ‘manufacturing and exports of dyes and Chemicals’.
  • 2023: Received KOSHER - certificate of Compliance for ‘manufacturing and exports of dyes and Chemicals’.


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