Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Devson Catalyst Ltd (544823)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544823 NSE: Chemicals | Small Cap | Devson Catalyst Share Price
₹329.45 4.45 (1.37%)
As on 22-Sep'26 16:59
Devson Catalyst Ltd (544823)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544823 NSE: Chemicals | Small Cap | Devson Catalyst Share Price
₹329.45 4.45 (1.37%)
As on 22-Sep'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹448 Cr.
Current Price
₹329.5
52-Week Low / High
₹186 / 363
TTM EPS
-
TTM Sales
-
Book Value per Share
-
P/E Ratio
Industry PE
48.3
Price to Book (P/B)
Price to Sales (P/S)
EV/EBITDA
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
%
Return on Capital Employed (ROCE)
%
Return on Assets (ROA)
%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
4.87%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
73.59%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹13.6 Cr.
Face Value
₹10
All Time Low / High
₹186.35 / 363.35
Check Before You Invest
Quality
Not GoodValuation
OvervaluedCheck Valuation charts
Price Trend
Weak
Is Devson Catalyst Ltd a good quality company?
Devson Catalyst Ltd is a weak quality company, based on a inconsistent 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 Devson Catalyst Ltd performance compare with that of its Peers?
Revenue growth of Devson Catalyst Ltd vs industry peers?
Devson Catalyst Ltd revenue CAGR is %, compared to the industry median CAGR of 19.27%, indicating slower growth and losing its market share.
Promoter shareholding and pledge status of Devson Catalyst Ltd?
Promoters hold 73.59% of the Devson Catalyst Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Devson Catalyst Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% 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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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.
Devson Catalyst 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'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 33% | 46.6% | 52% | 57.8% | - |
| Value Creation Index ⓘ | 1.4 | 2.3 | 2.7 | 3.1 | - |
Growth Parameters ⓘ |
|||||
| Sales ⓘ | 32.5 | 43.5 | 53.2 | 55.8 | 56 |
| Sales YoY Gr. | - | 33.6% | 22.4% | 4.9% | - |
| Adj EPS ⓘ | 2.2 | 3.8 | 7.4 | 11.7 | 9.2 |
| YoY Gr. | - | 77.7% | 94.5% | 57.5% | - |
| BVPS (₹) ⓘ | 9 | 13 | 20.5 | 32.7 | 53.6 |
| Adj Net Profit ⓘ | 2.2 | 3.9 | 7.6 | 12 | 13 |
| Cash Flow from Ops. ⓘ | 1.9 | 0.2 | 4.5 | 4.6 | - |
| Debt/CF from Ops. ⓘ | 0.7 | 21 | 0.6 | 0.6 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 19.7% | 4.9% | ||||
| Adj EPS ⓘ | NA | NA | 75.9% | 57.5% | ||||
| BVPSⓘ | NA | NA | 53.7% | 59.7% | ||||
| Share Price | - | - | - | - | ||||
Key Financial Parameters ⓘ
| Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 23.8 | 34.7 | 44.4 | 44 | 21.3 |
| Op. Profit Mgn % ⓘ | 11.1 | 15.4 | 20.8 | 30.1 | NAN |
| Net Profit Mgn % ⓘ | 6.8 | 9 | 14.3 | 21.5 | 22.4 |
| Debt to Equity ⓘ | 0.2 | 0.3 | 0.1 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 97 | 103 | 146 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 50 | 71 | 107 | 0 |
Valuation of Devson Catalyst - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
No data found!
No data found!
No data found!
No data found!
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Devson Catalyst Ltd FAQs
The current trading price of Devson Catalyst on 22-Sep-2026 16:59 is ₹329.4.
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 21-Sep-2026 the market cap of Devson Catalyst stood at ₹447.7 Cr
The latest P/E ratio of Devson Catalyst as of 21-Sep-2026 is 35.75.
The latest P/B ratio of Devson Catalyst as of 21-Sep-2026 is 6.14.
The 52-week high of Devson Catalyst is ₹363.4 and the 52-week low is ₹186.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Devson Catalyst is ₹55.78 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Devson Catalyst Ltd is a below average quality company.
The key valuation ratios of Devson Catalyst Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Devson Catalyst Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Devson Catalyst Ltd
Devson Catalyst was originally incorporated as ‘Devson Insulators Private Limited’ on September 10, 2004. Later, the name of the company was changed from ‘Devson Insulators Private Limited’ to ‘Devson Catalyst Private Limited’ pursuant to a resolution passed in the Extra Ordinary General Meeting held on June 16, 2017. Further, pursuant to special resolution passed by the members in the Extra Ordinary General Meeting dated October 27, 2025, the company has been converted from Private limited to Public Limited and a fresh Certificate of Incorporation was issued by Registrar of Companies, Central Processing Centre on November 06, 2025. Consequently, the name of company changed from ‘Devson Catalyst Private Limited’ to ‘Devson Catalyst Limited’.
It is an ISO 9001:2015 and ISO 45001:2018 certified company and an indigenous manufacturer of catalysts, adsorbents and ceramic balls used as key materials in various industrial processes. Its products are used to improve process efficiency and facilitate removal of impurities from gases and liquids across various industrial applications. It primarily manufactures: i) Catalysts, which enable chemical reactions to occur faster and more efficiently without being consumed during the process. ii) Adsorbents, which are used for removal of impurities such as moisture, dust and other undesirable components from gases and liquids. iii) Ceramic balls, which act as support media in industrial reactors and towers, helping in catalyst bed support, uniform distribution of gas or liquid flow and protection of catalysts from pressure or flow variations.
Its products are supplied to customers operating in industries such as oil and gas refineries, petrochemicals, steel, fertilizers and other industrial processing sectors. These products play an important role in enhancing process efficiency, improving operational reliability and supporting sustainable industrial practices. It caters to customers in both domestic and international markets.
Business area of the company
The company is primarily engaged in the business manufacturing of catalysts, Adsorbents, ceramic balls and related products. The company has presence in both domestic and international market.
Awards and recognitions
- 2023: Industry Outlook recognized the company as one of the Top 10 Adsorbents & Desiccants Manufacturers.
- 2023: The Divya Bhaskar Surendranagar Ratna Award was presented to the company for being India’s Best Manufacturer of Petrochemical Equipment in Surendranagar.
You have 48 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
