Sudarshan Colornt IND Ltd
NSE: SUDARCOLOR · Dyes And Pigments · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 11 companies in Dyes And Pigments (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹235 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 25.8x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 15.89 percentage points in a year, to 70.26% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY22).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Other income was 63% of net profit in the last 12 months.
- Dividend paid in 1 of the last 5 financial years.
- Price ₹352.55 on 2026-10-26: -19.5% from the 52-week high, +31.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 218 | 213 | 220 | 211 | 183 | 176 | 211 | 222 |
| EBITDA | 28 | 25 | 9 | 24 | 17 | -1 | 13 | 26 |
| OPM % | 12.8% | 11.7% | 4.1% | 11.6% | 9.4% | -0.8% | 6.0% | 11.5% |
| Other income | 3 | 4 | 9 | 4 | 9 | 4 | 9 | 7 |
| Net profit | 18 | 17 | 11 | 17 | 16 | -2 | 13 | 20 |
| EPS (₹) | 7.98 | 7.46 | 4.61 | 7.40 | 7.05 | -0.86 | 5.69 | 8.82 |
| Revenue YoY | -16.2% | -17.5% | -4.2% | +5.5% | ||||
| Profit YoY | -11.6% | -111.5% | +23.5% | +19.1% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 840 | 766 | 791 | 825 | 781 | 792 |
| EBITDA | 62 | 55 | 72 | 73 | 53 | 54 |
| Net profit | 43 | 19 | 41 | 51 | 45 | 48 |
| EPS (₹) | 18.77 | 8.31 | 17.82 | 22.29 | 19.29 | 20.70 |
| Revenue growth | -8.7% | +3.2% | +4.3% | -5.4% | -8.1% | |
| Profit growth | -55.7% | +114.5% | +25.0% | -13.4% | -24.6% | |
| Dividend / share (₹) | 15.00 | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +0.6% | +1.3% | -8.1% |
| Net profit | +32.4% | -27.3% | -24.5% |
| EPS | +32.4% | -27.3% | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 432 | 472 | 523 | 570 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 39 | 113 | 191 | 235 |
| Total assets | – | 662 | 726 | 758 | 805 |
| Fixed assets | – | 137 | 137 | 128 | 137 |
| Capital work in progress | – | 8 | 4 | 5 | 8 |
| Investments | – | 3 | 4 | 4 | 4 |
| Receivables | – | 218 | 195 | 154 | 179 |
| Inventory | – | 129 | 124 | 131 | 156 |
| Payables | – | 177 | 175 | 159 | 166 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 13 | 36 | 95 | 111 | 34 |
| Cash from investing | 5 | -9 | -17 | -37 | -73 |
| Cash from financing | -35 | -0 | -3 | -5 | -5 |
| Capex | 20 | 16 | 17 | 12 | 29 |
| Free cash flow | -7 | 20 | 78 | 99 | 6 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 4.4% | 8.7% | 9.8% | 7.8% |
| ROCE % | – | 9.3% | 12.3% | 13.5% | 10.5% |
| Debtor days | – | 104 | 90 | 68 | 84 |
| Inventory days | – | 99 | 93 | 101 | 120 |
| Payable days | – | 135 | 132 | 122 | 128 |
| Cash conversion cycle (days) | – | 68 | 51 | 47 | 76 |
| Working capital days | – | 127 | 122 | 157 | 180 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 70.26% |
| FIIs | 0.14% |
| DIIs | 0.50% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.42% |
| Government | 0.00% |
| Public (non-institutions) | 29.10% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.37% | 54.37% | 54.37% | 54.37% | 70.26% | 70.26% | 70.26% | 70.26% |
| Promoter group | % |
|---|---|
| Colorants International AG | 36.56% |
| Ebito Chemiebeteilgungen AG | 17.80% |
| Sudarshan Europe B.V. | 15.89% |
| Rajesh Balkrishna Rathi | 0.00% |
| Rachna Rajesh Rathi | 0.00% |
| Ajay Balkrishna Rathi | 0.00% |
| Kusum Balkrishna Rathi | 0.00% |
| Meena Sudhir Maheshwari | 0.00% |
| Smriti Rajesh Rathi | 0.00% |
| Tanvi Rajesh Rathi | 0.00% |
| Rajesh Balkrishna Rathi (HUF) (Karta - Rajesh Balkrishna Rathi) | 0.00% |
| Sudarshan Chemical Industries Limited | 0.00% |
| Balkrishna Rathi Finance Private Limited | 0.00% |
| Sow Rachna Rathi Family Trust (Trustees - Rajesh Balkrishna Rathi and Rachna Rajesh Rathi) | 0.00% |
| Shri Balkrishna Rathi Family Trust (Trustees - Rajesh Balkrishna Rathi and Ajay Balkrishna Rathi) | 0.00% |
36,490 shareholders. Pledged: 0.00% of promoter shares.
Peers in Dyes And Pigments
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SUDARSCHEM | ₹8,180 cr | 113.1x | 2.4x | 2.1% | 6.4% | 6.3% | +62.0% | 0.44% |
| KIRIINDUS | ₹3,097 cr | 0.5x | 0.5x | 120.8% | 93.8% | 599.3% | -3.9% | – |
| BODALCHEM | ₹1,705 cr | 24.8x | 1.5x | 6.1% | 8.0% | 8.1% | +8.5% | 0.00% |
| SHREEPUSHK | ₹1,587 cr | 22.0x | 2.6x | 12.6% | 12.6% | 10.2% | +12.6% | 0.41% |
| BHAGERIA | ₹1,483 cr | 21.5x | 2.5x | 11.9% | 13.9% | 11.5% | +20.3% | 0.45% |
| ULTRAMAR | ₹1,078 cr | 11.7x | 1.2x | 10.0% | 13.3% | 16.9% | +12.7% | 1.63% |
| SUDARCOLOR | ₹814 cr | 17.0x | 1.4x | 8.7% | 11.3% | 6.8% | +0.6% | – |
| ASAHISONG | ₹408 cr | 11.7x | 1.5x | 13.2% | 14.2% | 12.4% | +2.0% | 0.44% |
| AKSHARCHEM | ₹311 cr | 10.8x | 1.1x | 10.4% | 8.8% | 10.6% | +3.6% | 0.22% |
| PODDARMENT | ₹267 cr | 17.5x | 0.8x | 4.3% | 6.2% | 6.0% | +3.2% | 1.59% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2023-09-18 | Other | Annual General Meeting |
| 2022-08-17 | Other | Annual General Meeting |
| 2021-08-04 | Dividend | Annual General Meeting/Dividend - Rs 15 Per Share |
| 2021-02-18 | Dividend | Interim Dividend - Rs 50 Per Share |
| 2020-08-17 | Dividend | Annual General Meeting/Dividend - Rs 11 Per Sh |
| 2020-07-16 | Dividend | Special Dividend - Rs 140 Per Share |
| 2019-07-31 | Dividend | Annual General Meeting/ Dividend - Rs 5 Per Share |
| 2018-11-14 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2018-08-01 | Dividend | Annual General Meeting / Dividend- Rs 5 Per Share |
| 2017-08-03 | Dividend | Annual General Meeting/Dividend - Rs 25/- Per Share |
| 2016-08-03 | Dividend | Annual General Meeting And Dividend Rs.10/- Per Share |
| 2015-07-17 | Buyback | Buy Back |
| 2015-04-10 | Other | Annual General Meeting |
| 2015-01-19 | Dividend | Second Interim Dividend - Rs 140/- Per Share (Purpose Revised) |
| 2014-07-24 | Dividend | Interim Dividend Rs 39/- Per Share (Purpose Revised) |
| 2014-04-17 | Dividend | Annual General Meeting / Final Dividend Rs 20/- Per Share |
| 2013-08-05 | Dividend | Interim Dividend Rs.10/- Per Share (Purpose Revised) |
| 2013-04-12 | Dividend | Annual General Meeting/Dividend Rs 17.50 Per Share |
| 2012-08-07 | Dividend | Interim Dividend Rs.10/- Per Share (Purpose Revised) |
| 2012-04-12 | Dividend | Dividend - Rs.30/- Per Share |
Documents
- Annual report FY26
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Annual report FY21
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing and sales of synthetic organic coloring matter: Manufacture of organic, pigment preparations, dyes and specialty materials for various applications
| Sector | Commodities |
| Industry | Dyes And Pigments |
| Sub-industry | Dyes And Pigments |
| Symbol | SUDARCOLOR |
| BSE code | 506390 |
| ISIN | INE492A01029 |
| Face value | ₹10.0 |
| Incorporated | 1956-12-27 |
| Website | www.sudarshan.com |
| Plants (India / abroad) | 3 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.