Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Camlin Fine Sciences Limited

NSE: CAMLINFINESpecialty Chemicals

Share price

₹89.98

+1.28% close of 9 Oct 2026

Market cap ₹1,710 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

44

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,710 Cr

P/E ratio

—

P/B ratio

1.7

ROCE

4.8%

ROE

3.7%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹201.3252-week low ₹88.84

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 9.3% over the past year, and 20.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 10.0% to 4.7% over the last four years.

Whether it grew faster than its sector

It grew 20.4% a year against a sector median of 10.2% — 10.2 percentage points faster.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Camlin Fine Sciences Limited — this one-14%/yr——
Pidilite Industries25%/yr57.1×₹2.3
Gujarat Fluorochemicals Limited-24%/yr79.7×—
Navin Fluorine International Limited21%/yr52.6×₹2.5
Aether Industries Limited20%/yr96.9×₹4.8
Deepak Nitrite Limited-13%/yr27.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Specialty Chemicals), it ranks 61 of 73 on returns, 10 of 72 on growth, 58 of 73 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 4.8% on capital, ahead of 16% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹440 crore of cash from the business but spent ₹517 crore on plant and equipment, ₹77 crore more than it made; the gap was from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 3309 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back faster than it used to: it went from being waiting 40 days for its cash to waiting 23 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 10 checks clear · 50%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue rose 23% but the quarter ran to a ₹34 crore loss, and full-year margin guidance was cut to 10-12%

Announced 11 Aug 2026 · Consolidated · Unaudited

Revenue

₹520 Cr

Revenue vs last year

+22.6%

Revenue vs last quarter

+22.3%

Net profit

-₹34 Cr

Profit vs last quarter

-139.1%

Net margin

-6.5%

EPS

₹-1.65

Earnings call transcript · 11 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,710 Cr
Prev close
₹89.98
52w High
₹205
52w Low
₹88.2
Enterprise value
₹2,277 Cr
Beta
1.6
Price CAGR 1y
-52.0%
Price CAGR 3y
-16.0%
Price CAGR 5y
-13.0%
Price CAGR 10y
1.0%

Ratios

Return on assets
1.0%
PEG ratio
-4.0
P/E ratio
—
P/B ratio
1.7
EV / EBITDA
27.1
Industry P/E
31.9
ROCE
4.8%
ROCE 5y average
9.0%
ROE
3.7%
Debt / Equity
0.7
Interest coverage
1.3
Dividend yield
0.0%
ROE 3y average
-7.0%
ROE last year
4.0%

Annual P&L

Annual revenue
₹1,723 Cr
Annual profit
₹24 Cr
Operating margin
7.0%
Net profit margin
1.4%
EBITDA margin
6.8%
Sales growth 3y
0.8%
Sales growth 5y
7.7%
Profit growth 3y
-14.0%
Profit growth 5y
-6.0%
EPS
₹1.4
Sales growth TTM
9.0%
Profit growth TTM
-139.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹520 Cr
Profit latest quarter
-₹34 Cr
YoY quarterly sales growth
27.5%
YoY quarterly profit growth
—
OPM latest quarter
1.8%

Balance Sheet

Book Value
₹54.8
Face Value
₹1.0
Total debt
₹720 Cr
Total cash
₹153 Cr
Borrowings
₹720 Cr
Reserves / Equity
53.8

Cash Flow

Operating cash flow
₹82 Cr
Free cash flow
₹25 Cr
FCF yield
-3.4%
Net cash flow
₹4 Cr

Shareholding

Promoter holding
48.0%
FII holding
0.9%
DII holding
5.4%
Public holding
45.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Pidilite Inds.1,488.5057.31,51,6850.77883.528.24,551.621.331.0
Gujarat Fluoroch4,555.9080.849,8930.07219.021.41,588.024.09.6
Navin Fluo.Intl.8,490.0054.843,5450.18243.3107.71,045.144.121.0
Aether Industri.1,787.6098.923,7240.0062.828.0326.627.311.9
Deepak Nitrite1,553.9026.821,1980.48345.0207.52,577.636.411.4
Aarti Industries491.2534.217,8420.20155.0256.52,387.042.56.9
Atul5,999.5022.217,6600.50253.992.01,848.025.014.9
Camlin Fine94.521,8170.00-33.6-606.8519.927.54.8
Median367.3029.71,0980.2413.552.2175.326.413.8

Competes with: Aarti Industries Limited, Aether Industries Limited, Atul Limited, BASF India Limited, Deepak Nitrite Limited, Gujarat Fluorochemicals Limited, Navin Fluorine International Limited, Pidilite Industries

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales420406386377381417431432408460441425520
Expenses381381363345352366375370387427420404511
Material Cost195226209268121312
Change in Inventories18-6.395.77-3380-12
Purchases of Stock-in-Trade2.36173214185.82
Employee Cost506060646673
Other Expenses113108119123119131
Operating Profit3925233129525662203321219
OPM %9.236.196.058.367.591213144.987.194.734.991.79
Other Income622-96-15-151-8-22-0-4-24103-10
Exceptional items (within Other Income)-5.5900-18-7.95-11
Interest10201416232634151519172314
Depreciation19192113151714171619162119
Profit before tax16-12-10-94-23-142-08-11-9-3780-34
Tax %257247-1348-182,16498-065-0-8-1
Net Profit12-21-14-82-35-116-70-11-15-3786-34
EPS in Rs0.83-1.03-0.63-4.11-1.81-5.33-0.22-0.04-0.53-0.76-1.894.59-1.65
Diluted EPS in Rs-0.04-0.52-0.76-1.914.54-1.65

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5584895347218921,0491,1871,4121,6821,4541,6291,7231,845
Expenses4743975027058199141,0001,2541,4711,2841,4021,6051,761
Material Cost786823
Change in Inventories-5511
Purchases of Stock-in-Trade11889
Employee Cost192244
Other Expenses417450
Operating Profit849232167313518715821117022711884
OPM %151962.20813161113121474.60
Other Income9-11412143533-4-142-2185964
Exceptional items (within Other Income)-9.82-25
Interest242431324148424164701078373
Depreciation16172227293344566356617175
Profit before tax5350-6-3117581059480-99-15823-0
Tax %-428-26-2282493836506-0-2
Net Profit5536-4-24330656040-105-158241
EPS in Rs5.113.30-0.96-2.180.042.233.563.452.96-4.94-7.401.440.29
Diluted EPS in Rs-7.941.42
Dividend Payout %8120000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
13%
5 years
8%
3 years
1%
TTM
9%

Compounded profit growth

10 years
-1%
5 years
-6%
3 years
-14%
TTM
-139%

Stock price CAGR

10 years
1%
5 years
-13%
3 years
-16%
1 year
-52%

Return on equity

10 years
-1%
5 years
-2%
3 years
-7%
Last year
4%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010121212131616171919
Reserves1251672023593593916317328048488831,022
Borrowings160180331373461539550646801683652720
Other Liabilities131123126273255290282396425424467559
Minority Interest-27-40
Total Liabilities4264796691,0161,0871,2321,4751,7902,0451,9722,0202,320
Fixed Assets106140201278272306584601858816704887
CWIP325814591792421543461033
Investments111911511777886130
Other Assets3163134426097457408619661,1361,1021,2461,370
Total Assets4264796691,0161,0871,2321,4751,7902,0451,9722,0242,324

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4672-9-15-986117145511392382
Cash from Investing Activity-26-66-70-149-2-90-133-249-125-66-75-53
Cash from Financing Activity-15-7911822633913660-8676-25
Net Cash Flow4-1131815-12332-14-13244
Free Cash Flow195-39-34-78-4834-68-9379-1924

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days7456991048688837766727479
Inventory Days184311277207219204200178255256234199
Days Payable14417111015412711999112129154180200
Cash Conversion Cycle11419626615717817318414319217412778
Working Capital Days121-6194322554042513323
ROCE %2824507111310108125

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters484848484848494949484848
FIIs1.610.991.691.010.810.761.472.882.112.120.940.91
DIIs3.893.754.554.884.233.383.834.145.487.777.705.42
Public464746464748464443424346
No. of Shareholders57,09862,09858,16562,68767,75061,89358,11159,53857,66152,35752,23255,178

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -54.9% (₹199.61 → ₹89.98)Brick size ₹3.92 (fixed)Bricks 100
₹100₹150₹200₹89.98Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹89.98 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

567inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,24,32,021inr

2026-03-31

News

News and filings about Camlin Fine Sciences Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • Catechol
  • Guaiacol
  • Phenol (feedstock for catechol/hydroquinone diphenols)

Depends on the price of

  • Crude Oil Brent

Sells to

  • Lockheed Martin Advanced Energy Storage · Specialty chemical for energy storage (preferred supply agreement)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Chemicals
Industry
Specialty Chemicals
Classification
Chemicals › Specialty Chemicals
ISIN
INE052I01032

Plants

  • Dahej SEZ Facility for Diphenols · Dahej, Gujarat
  • Dahej SEZ Facility for Vanillin · Dahej, Gujarat
  • Khopoli Facility · Khalapur/Khopoli, Maharashtra
  • Mahad Facility · Mahad, Maharashtra
  • Ningbo Wanglong Facility
  • Ravenna (Borregaard Italia) Facility
  • Tarapur Facility · Tarapur, Maharashtra

News impact

Big market events that reach Camlin Fine Sciences Limited, and how the effect spreads.

23 Sept, 07:38 IST · Market event · medium impact

India starts anti-dumping probe into Chinese Glycine imports

India is probing cheap Chinese glycine imports, which could help home chemical makers later but may raise costs for food, drug and farm buyers if an import tax follows.

Chemicals

Who it hits first

  • India's trade investigator (DGTR, the body that checks unfair imports) opened a probe into cheap glycine, a simple chemical used in food, drugs and farm sprays, arriving from China.
  • If the probe finds harm to local makers, India can add an import tax (anti-dumping duty) that makes Chinese glycine costlier and helps home producers sell more.
  • No listed glycine maker is named in the evidence, so any stock lift today is hope of future protection, while buyers of glycine could later pay more.

Who may gain

  • Indian glycine and nearby specialty makers, if a duty lifts local prices (no single listed maker confirmed in the pack)
  • Farm-chemical sellers such as PI Industries and GSP Crop, if protection spreads to agro inputs

Along the supply chain

Downstream

Indian food, drug and farm-spray makers that buy glycine could face higher input costs if cheap Chinese supply is taxed.

Upstream

Chinese glycine exporters face the probe; if a duty follows, their shipments to India shrink.

Where demand moves

Business

No extra orders yet — the probe only starts the case; real business gain comes months later if a duty curbs Chinese supply and buyers switch to home makers.

Capital

No fresh funds flow; investors may bid up chemical shares on protection hopes, but cash gains arrive only if duties lift prices and profits.

How it spreads across sectors

Chemicals

Small positive mood for home makers on protection hopes; real gains only if a duty lands.

Pharma

Mild cost worry since glycine feeds drugs; dearer supply would squeeze pill makers later.

Textiles

Negligible near-term link; fibre makers watch only for broader China-duty mood.

A pattern seen before

Cascade chain

  • DGTR probes Chinese glycine dumping → possible import duty
  • Duty curbs cheap imports → domestic glycine prices firm
  • Chemical makers gain share → pharma and textile buyers face higher costs

Pattern name

China Cascade

Patterns

  • China Cascade

Sectors queried

  • Pharma
  • Textiles

When it plays out

Immediate

1–7 days: chemical shares drift on protection hopes with no order change.

Medium term

1–6 months: probe findings decide any duty; only then do prices, orders and margins move.

Short term

1–4 weeks: filings and hearing news set expectations; buyers watch for price hints.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

28 Jul 2016unspecified₹0.45
27 Jul 2015unspecified₹0.45

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
28 Sep 2026Cyrille Damany · OtherSELL10,00,0009.75
10 Apr 2026Ashish Subhash Dandekar · DirectorEQUITY SHARES8,37,36,000—

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.