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Sumitomo Chemical India Ltd share Price Today

Company details

476.50
483.10
336.10
510.75
6M Return 17.99%
1Y Return 9.08%
Mkt Cap.(Cr) 23,959.01
Volume 227,628
Div Yield 0.19%
OI
-
OI Chg %
-
Volume 227,628

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Weak domestic demand impacts Q3 revenues…
About The Stock

    Incorporated in 2000, Sumitomo Chemical India (SCI) is present in the three business verticals of agro solutions (ASD), environmental health (EHD) and animal nutrition business (AND).

    • SCI provides solutions for insecticide, herbicide, fungicide, plant growth regulator (PGR) under agro segment. Under animal nutrition, it manufactures methionine for feed additive use
    • In terms of revenue contribution, insecticide constitutes ~51% while ~19% is from herbicide, 9% from fungicide and 20% from other segments like PGR, AND & EHD
Q3FY23

    Topline numbers were below estimates led by lower demand from domestic market while the international market reported decent numbers.

    • Reported revenue was up 6.6% YoY to ₹ 753.7 crore, led by 14.1% YoY growth in insecticides along with 20.1% YoY growth in herbicides
    • Gross margins were down 223 bps YoY to 35.3% while EBITDA margin de-grew 191 bps YoY to 16%
    • EBITDA was down 5% YoY to ₹ 120.4 crore while PAT increased 2% YoY to ₹ 90.5 crore

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Sumitomo Chemical India Ltd shares SWOT Analysis

Strengths (8)

  • Rising Net Cash Flow and Cash from Operating activity
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (3)

  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Degrowth in Revenue and Profit

Opportunity (2)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 483.2
R2 486.5
R3 489.8
Pivot

479.87

S1 476.6
S2 473.3
S3 470.0
EMA SMA
475.8
448.0
425.8
416.1
482.2
439.8
405.9
406.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-11 504.95 227258 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-11 504.95 43924 BSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-10-11 504.95 227258 BSE
Name Category Shares
Sumitomo Chemical Co. Ltd. PROMOTER 75%

OUR RESEARCH VIEW

Investment recommendation
Weak domestic demand impacts Q3 revenues…
Call Date
21 Feb 2023
Entry Price 438.00
Target Price 525.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Sumitomo Chemical India Ltd Stocks COMPARISON

Financials( in Cr) Sumitomo Chemical India Ltd P I Industries Ltd UPL Ltd Bayer CropScience Ltd Dhanuka Agritech Ltd
Price 480.00 3,798.75 570.85 6,712.40 1,685.90
% Change 0.42 -0.54 0.53 0.88 1.03
Mcap Cr 23,959.01 57,633.88 42,848.46 30,166.87 7,684.00
Revenue TTM Cr 3,510.97 6,492.00 53,576.00 5,139.70 1,700.22
Net Profit TTM Cr 502.21 1,229.50 4,414.00 758.20 233.50
PE TTM 64.82 34.26 0.00 40.95 32.09
1 Year Return 9.08 -2.02 -16.09 54.29 111.21
ROCE 29.85 21.56 15.20 32.05 28.87
ROE 23.31 18.46 16.20 25.91 23.10
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,381.78 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23

Sumitomo Chemical India Ltd Information

Stock PE (TTM)
64.82
Promoter Holding
75%
Book Value
48.9149
ROCE
29.85%
ROE
23.31%
Registered Address

Building No.1 Ground Floor, Shant Manor Co-op Housing Soc., Mumbai, Maharashtra, 400101

Tel : 91-22-28866666
Email : investor.relations:sumichem.co.in
Website : http://www.sumichem.co.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 542920
NSE Code : SUMICHEM
Book Closure Date (Month) :
BSE Group : A
ISIN : INE258G01013

FAQ’s on Sumitomo Chemical India Ltd Shares

You can buy Sumitomo Chemical India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sumitomo Chemical India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:55 PM the closing price of Sumitomo Chemical India Ltd was Rs.480.00.

The latest PE ratio of Sumitomo Chemical India Ltd as of Jun 28, 2024 03:55 PM is 64.82

The latest PB ratio of Sumitomo Chemical India Ltd as of Jun 28, 2024 03:55 PM is 0.10

The 52-week high of Sumitomo Chemical India Ltd share price is Rs. 510.75 while the 52-week low is Rs. 336.10

According to analyst recommendations, Sumitomo Chemical India Ltd Share has a "Buy" rating for the long term.

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 Jun 28, 2024 03:55 PM, the market cap of Sumitomo Chemical India Ltd stood at Rs. 23,959.01 Cr.

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