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Citichem India Ltd (544324)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544324 NSE: Trading | Small Cap | Citichem India Share Price

₹17 0.00 (0.00%)

As on 18-Jun'26 16:59

Citichem India Ltd (544324)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544324 NSE: Trading | Small Cap | Citichem India Share Price

₹17 0.00 (0.00%)

As on 18-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹12 Cr.
Current Price
₹17
52-Week Low / High
₹12 / 31
TTM EPS
₹1.5
TTM Sales
₹9.5 Cr.
Book Value per Share
₹29.6
P/E Ratio
11.55
Industry PE
36.9
Price to Book (P/B)
0.58
Price to Sales (P/S)
1.22
EV/EBITDA
6.19
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
8.90%
Outperforms industry median
Return on Capital Employed (ROCE)
11.55%
Outperforms industry median
Return on Assets (ROA)
1.76%
Operating Profit Margin
3%
Net Profit Margin
2.26%
Gross Profit Margin
3.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
177.26%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-9.5%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-11.51%
Asset Quality
Promoter Holding
61.54%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹13 Cr.
Equity
₹6.8 Cr.
Face Value
₹10
All Time Low / High
₹12.00 / 70.00

Citichem India stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is Citichem India Ltd a good quality company?
Citichem India 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 Citichem India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Citichem India Ltd vs industry peers?
Citichem India Ltd revenue CAGR is -15.65%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Citichem India Ltd?
Promoters hold 61.54% of the Citichem India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Citichem India Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -44.44% 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.
Citichem India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 36%43.9%11.4%8.1%22.4%11.6%-
Value Creation
Index
1.62.1-0.2-0.40.6-0.2-

Growth Parameters

Sales 12718085.220.919.654.49
Sales YoY Gr.-41.5%-52.7%-75.4%-6.4%177.3%-
Adj EPS 28.831.50.50.72.81.81.5
YoY Gr.-9.5%-98.5%52.1%280.8%-34.9%-
BVPS (₹) 55.788.111.512.31529.629.6
Adj Net
Profit
0.20.20.20.41.41.21
Cash Flow from Ops. 0.40.4-60.30.5-11.5-
Debt/CF from Ops. 10-0.242.2-0.5-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA-15.7%-13.9%177.3%
Adj EPS NA-42.5%55.7%-34.9%
BVPSNA-11.9%36.8%96.5%
Share Price - - - -36%

Key Financial Parameters

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
51.643.87.56.120.38.95
Op. Profit
Mgn %
0.20.10.52.89.13NAN
Net Profit
Mgn %
0.20.10.31.77.12.310.5
Debt to
Equity
100.20.20.10.3-
Working Cap
Days
01073521,4881,3784500
Cash Conv.
Cycle
0-419225-1,086-5790

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales127.35180.1785.2220.9419.6154.37
Operating Expenses + 127.07179.9684.8320.3617.8152.76
Manufacturing Costs00000.050.09
Material Costs125.40178.2183.6519.0616.1049.48
Employee Cost 0.190.240.310.360.270.29
Other Costs 1.481.510.870.931.382.90
Operating Profit 0.280.210.380.581.791.62
Operating Profit Margin (%) 0.2%0.1%0.4%2.8%9.1%3.0%
Other Income + 0.010.110.06000.36
Exceptional Items 000000
Interest 0.0100.100.060.070.31
Depreciation 0.010.020.020.010.020.01
Profit Before Tax 0.260.290.320.511.711.66
Tax 0.070.070.080.150.320.43
Profit After Tax 0.200.220.240.361.391.23
PAT Margin (%) 0.2%0.1%0.3%1.7%7.1%2.3%
Adjusted EPS (₹)28.832.30.50.72.81.8
Dividend Payout Ratio (%)0%0%0%0%0%0%

Valuation of Citichem 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'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 0.380.605.776.137.5220.10
Share Capital 0.070.075556.80
Reserves 0.310.530.771.132.5213.30
Debt +0.3701.081.041.085.39
Long Term Debt0.3701.081.041.080.62
Short Term Debt000004.77
Minority Interest000000
Trade Payables31.7072.4984.2871.9759.5042.76
Others Liabilities 0.280.200.300.581.221.67
Total Liabilities 32.7473.2991.4279.7269.3369.92

Fixed Assets

Net Fixed Assets +0.080.090.080.100.100.06
Gross Block0.100.110.120.140.130.10
Accumulated Depreciation0.010.020.040.030.030.04
CWIP 000000
Investments 0.0100000
Inventories26.1334.6441.3344.7737.496.19
Trade Receivables1.9333.5946.4034.1830.5851.08
Cash Equivalents 0.070.060.030.190.604.46
Others Assets 4.514.913.590.470.568.12
Total Assets 32.7473.2991.4279.7269.3369.92

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.370.38-5.970.280.49-11.51
PBT 0.260.290.320.511.711.66
Adjustment 0.010.020.110.080.080.31
Changes in Working Capital 0.2-0.04-6.33-0.31-1.29-13.48
Tax Paid -0.120.10-0.080-0.01-0.01
Cash Flow From Investing Activity + -0.01-0.02-0.01-0.04-00.03
Capex -0.01-0.03-0.01-0.04-00.03
Net Investments 00.010000
Others 0-00000
Cash Flow From Financing Activity + -0.42-0.375.95-0.07-0.0815.35
Net Proceeds from Shares 004.930011.35
Net Proceeds from Borrowing -0.42-0.371.11-0.01-0.01-0.46
Interest Paid 00-0.09-0.06-0.07-0.31
Dividend Paid 000000
Others 00-0004.77
Net Cash Flow -0.07-0.02-0.030.170.413.86

Financial Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)51.6144.927.526.0920.338.9
ROCE (%)36.0343.911.378.1122.4411.55
Asset Turnover Ratio3.893.41.030.240.260.78
PAT to CFO Conversion(x)1.851.73-24.880.780.35-9.36
Working Capital Days
Receivable Days5.5036171.30702.30602.90274.10
Inventory Days74.9061.60162.70750.40765.70146.60
Payable Days92.30106.703421,4961,489.90377.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Citichem India Ltd FAQs

The current trading price of Citichem India on 18-Jun-2026 16:59 is ₹17.00.

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 17-Jun-2026 the market cap of Citichem India stood at ₹11.56 Cr

The latest P/E ratio of Citichem India as of 17-Jun-2026 is 11.55.

The latest P/B ratio of Citichem India as of 17-Jun-2026 is 0.58.

The 52-week high of Citichem India is ₹31.00 and the 52-week low is ₹12.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Citichem India is ₹9.48 ( Cr.) .

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

The key valuation ratios of Citichem India 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 Citichem India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Citichem India Ltd

Citichem India Limited was originally incorporated as ‘Citichem Alkalies (Bombay) Private Limited’ at Mumbai, Maharashtra as a private limited company under the Companies Act, pursuant to a certificate of incorporation dated March 18, 1992, issued by the RoC, Mumbai. Subsequently, the company was converted in to a public limited Company pursuant to a special resolution passed by its shareholders at the EGM held on March 01, 1999 and consequently the name of the company was changed to ‘Citichem Alkalies (Bombay) Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai dated March 23, 1999. Thereafter, the name of the company was changed to Citichem India Ltd and a fresh certificate of incorporation dated April 07, 1999 was issued by the RoC, Mumbai.

The company is mainly engaged in the buying, procuring, and supplying, of organic and inorganic chemicals, bulk drugs, and, food chemicals to pharmaceutical industry. The traded speciality chemicals and intermediates have a wide application in aluminium, steel, textiles, paper, dairy, paints, dyes & intermediates, soap making, pharma, food and adhesive Industry. The company also supplies food preventives and chemicals under its own brand name which is thereafter converted into sales in their own books by the distribution team who ensures safe delivery of bulk supply. 

With the combined experience of its Promoters for many years with their expertise in sourcing, negotiating, procuring, and supplying of organic, and inorganic chemicals to the pharmaceutical industry, and with the existing long-standing clientele, the company aims to further expand, and diversify their procurement sources and achieve growth by multiplying the supply chain of the chemicals to the said industry. Its Promoters have a clear vision about the strong growth prospects with a view of the expanding their market size in India year on year basis.

Business area of the company

The company is primarily engaged in business of trading & Importers and manufactures of organic, Inorganic, Specialty and food chemicals. Primary deal products caustic soda flaks, caustic SDA lye, soda ash light, acetic acid and mono sodium glutamate etc.

Products of the company 

  • Caustic soda flakes
  • Caustic soda lye
  • Citric acid monohydrate
  • Hydrogen peroxide
  • Urea technical grade
  • Soda bicarb
  • Phthalic anhydride
  • Maleic anhydride
  • Hydrochloric acid
  • Aluminum chloride anhydrous
  • Pyrolysis oil
  • Thiourea

History and milestones

  • March 18, 1992: Incorporation of the company.
  • March 23, 1999: Conversion of Company from Private Limited to Public Limited.
  • April 17, 1999: Change in Name of the company from Citichem Alkailes (Bombay) Ltd to Citichem India Ltd.

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