Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Southern Petrochemicals Industries Corporation Limited

NSE: SPICFertilizers

Share price

₹61.15

-1.00% close of 9 Oct 2026

Market cap ₹1,247 CrP/E 6.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 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.

59

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

₹1,247 Cr

P/E ratio

6.1

P/B ratio

0.9

ROCE

16.8%

ROE

14.9%

Dividend yield

3.2%

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 ₹93.4252-week low ₹55.42

Answers

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

How fast it has been growing

Our sales figures for this company step up at Dec 2010 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Dec 2010 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

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

At 6.1× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 20.7×, across 4 companies. It is against its own five-year median of 7.2×, the 26th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Southern Petrochemicals Industries Corporation Limited — this one-14%/yr6.1×—
Coromandel International Limited-1%/yr27.4×—
Fertilizers and Chemicals Travancore Limited-63%/yr——
Paradeep Phosphates Limited48%/yr14.0×₹0.29
Chambal Fertilizers & Chemicals Limited24%/yr7.8×₹0.32
Madhya Bharat Agro Products Limited6%/yr46.9×₹7.8

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 (Fertilizers), it ranks 8 of 20 on returns, 15 of 19 on growth, 12 of 20 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?

A narrow advantage: it earns 16.8% on capital, ahead of 60% 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 ₹460 crore of cash from the business but spent ₹829 crore on plant and equipment, ₹369 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹305 crore to ₹703 crore. And the profit is real: of every 100 rupees it reported over 12 years, about 112 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being paid 57 days before it paid its own suppliers to paid 23 days before it paid its own suppliers.

Profit reality check

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

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

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

Announced 14 Aug 2026 · Consolidated · Unaudited

Revenue

₹849 Cr

Revenue vs last year

+8.7%

Revenue vs last quarter

+45.3%

Net profit

₹60 Cr

Profit vs last year

-10.2%

Profit vs last quarter

+107.5%

Net margin

7.1%

EPS

₹2.96

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
₹1,247 Cr
Prev close
₹61.15
52w High
₹94.3
52w Low
₹55.1
Enterprise value
₹1,825 Cr
Beta
1.5
Price CAGR 1y
-33.0%
Price CAGR 3y
-3.0%
Price CAGR 5y
3.0%
Price CAGR 10y
11.0%

Ratios

Return on assets
8.4%
PEG ratio
-0.4
P/E ratio
6.1
P/B ratio
0.9
EV / EBITDA
6.9
Industry P/E
10.1
ROCE
16.8%
ROCE 5y average
21.0%
ROE
14.9%
Debt / Equity
0.5
Interest coverage
12.5
Dividend yield
3.2%
ROE 3y average
14.0%
ROE last year
15.0%

Annual P&L

Annual revenue
₹2,956 Cr
Annual profit
₹211 Cr
Operating margin
10.0%
Net profit margin
7.1%
EBITDA margin
10.1%
Sales growth 3y
1.5%
Sales growth 5y
14.1%
Profit growth 3y
-14.0%
Profit growth 5y
21.0%
EPS
₹10.4
Sales growth TTM
-3.0%
Profit growth TTM
28.0%
Dividend payout
19.0%

Quarter P&L

Sales latest quarter
₹849 Cr
Profit latest quarter
₹60 Cr
YoY quarterly sales growth
8.7%
YoY quarterly profit growth
-10.4%
OPM latest quarter
6.9%

Balance Sheet

Book Value
₹67.2
Face Value
₹10.0
Total debt
₹703 Cr
Total cash
₹99 Cr
Borrowings
₹703 Cr
Reserves / Equity
5.7

Cash Flow

Operating cash flow
₹395 Cr
Free cash flow
₹76 Cr
FCF yield
3.8%
Net cash flow
₹45 Cr

Shareholding

Promoter holding
53.4%
FII holding
4.8%
DII holding
0.1%
Public holding
41.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Coromandel Inter1,690.0026.749,8580.63381.6-24.68,164.815.922.1
F A C T725.1546,9220.00-61.9-1547.21,253.420.24.0
Paradeep Phosph.150.4014.415,6190.98392.518.86,124.336.015.3
Chambal Fert.381.157.915,2712.81523.6-4.65,027.0-11.825.2
M B Agro Prod.165.7049.17,6030.0633.016.8416.31.619.3
G S F C147.308.55,8703.40158.514.43,583.264.07.2
Krishana Phosch.188.9729.75,8420.0547.154.0532.334.627.2
S P I C61.686.21,2563.2360.2-9.8848.88.716.8
Median109.6012.91,2560.1034.66.4615.218.115.3

Competes with: Chambal Fertilizers & Chemicals Limited, Coromandel International Limited, Fertilizers and Chemicals Travancore Limited, Gujarat State Fertilizers & Chemicals Limited, Krishana Phoschem Limited, Madhya Bharat Agro Products Limited, Paradeep Phosphates Limited, Rashtriya Chemicals and Fertilizers Limited

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
Sales569744506125754760818754781817774584849
Expenses48765945098656693739718687740689539790
Material Cost592582540575459710
Change in Inventories-4.68-2657-14-24-54
Purchases of Stock-in-Trade000000
Employee Cost232226272623
Other Expenses10711011810278112
Operating Profit82855627986779379377844559
OPM %14111122138.799.724.88129.41117.696.93
Other Income111214-3614612142937121621
Exceptional items (within Other Income)000000
Interest5882112112112127558
Depreciation101099910991014101010
Profit before tax788052-409153613010192824663
Tax %343436-3931333735343434364
Net Profit515333-24633538196761542960
EPS in Rs2.522.581.63-1.193.071.731.890.963.283.012.661.452.96
Diluted EPS in Rs0.963.283.012.6600

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
Sales2,2371,9311,4991,9942,5922,0791,5271,8752,8291,9443,0862,9563,024
Expenses2,1741,8911,4451,8832,4921,9661,4561,6992,4741,6902,8022,6562,759
Material Cost2,3212,156
Change in Inventories-17-7.71
Purchases of Stock-in-Trade00
Employee Cost85100
Other Expenses415408
Operating Profit63405411110011371176354254284300265
OPM %2.802.103.6063.8054.60913139109
Other Income113850203424585641-8449386
Exceptional items (within Other Income)00
Interest32151141363414143138552824
Depreciation34323140323238444438384444
Profit before tax8316350667077174321170235321283
Tax %-37-09944466343434
Net Profit10315745636774163301113156211205
EPS in Rs0.511.522.812.233.093.313.648.02155.557.641010
Diluted EPS in Rs7.640
Dividend Payout %-0-0-0-0-0-0-0610272619

Compounded growth

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

Compounded sales growth

10 years
4%
5 years
14%
3 years
1%
TTM
-3%

Compounded profit growth

10 years
32%
5 years
21%
3 years
-14%
TTM
28%

Stock price CAGR

10 years
11%
5 years
3%
3 years
-3%
1 year
-33%

Return on equity

10 years
18%
5 years
20%
3 years
14%
Last year
15%

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 Capital204204204204204204204204204204204204
Reserves4273961411672313124907828729951,166
Borrowings149143536263400408104305401471722703
Other Liabilities1,0341,2284158671,2641,2511,100693816218366427
Minority Interest0
Total Liabilities1,4291,6481,2501,4752,0352,0931,7201,6922,2021,7642,2872,500
Fixed Assets344324263247233353525682657652620616
CWIP332723356926182134108448
Investments101066748898114174192225252288
Other Assets1,0421,2868981,1191,6451,6161,0628341,3528531,3071,149
Total Assets1,4291,6481,2501,4752,0352,0931,7201,6922,2021,7632,2852,500

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 Activity39443-34833067136361-113-11227-38395
Cash from Investing Activity-6-13-20-40-101-151-159-149-34-175-145-262
Cash from Financing Activity-394-18360-2901026-188189570163-89
Net Cash Flow-612-8-069-814-731153-2045
Free Cash Flow38029-3672881-15178-267-41154-29176

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 Days51322922201312
Inventory Days393310665434216013840271316
Days Payable248373171254276364425150108173744
Cash Conversion Cycle-204-327-43-180-231-321-263-12-6713-23-26
Working Capital Days-26-71-503-13-48-91-57-0-47-9-23
ROCE %777121513132330181717

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
Promoters535353535353535353535353
FIIs0.420.500.380.340.650.844.876.536.094.925.084.80
DIIs2.091.681.681.691.171.170.300.290.140.170.140.14
Public444445454545414040424142
No. of Shareholders1,03,3201,05,8991,24,4301,25,0291,24,4891,27,1391,21,7541,16,1241,11,8451,12,7891,13,2991,13,768

Price trend

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

Change over 1 year -34.3% (₹93.06 → ₹61.15)Brick size ₹1.85 (fixed)Bricks 49
₹70.00₹80.00₹90.00₹61.15Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹61.15 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

577inr_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)

4,56,87,326inr

2026-03-31

News

News and filings about Southern Petrochemicals Industries Corporation 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

  • Ammonia (imported, for phosphatics)
  • Natural gas (domestic, ONGC via IOCL Ramnad-Tuticorin pipeline)
  • Phosphoric acid
  • Re-gasified LNG (R-LNG, via Ennore pipeline)
  • Rock phosphate
  • Sulphur (for sulphuric acid)

Depends on the price of

  • Natural gas

Buys from

Sells to

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
Fertilizers
Classification
Chemicals › Fertilizers
ISIN
INE147A01011

Plants

  • Phosphatics Plant DAP/NPK/APS - Tuticorin (Greenstar Fertilizers subsidiary)
  • SPIC Ammonia Plant - Tuticorin
  • SPIC Urea / Fertilizer Complex - Tuticorin
  • Sulphuric Acid & Phosphoric Acid Plant - Tuticorin (Greenstar Fertilizers subsidiary)

News impact

Big market events that reach Southern Petrochemicals Industries Corporation Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

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

Dividends

21 Sep 2026unspecified₹2
16 Sep 2025unspecified₹2
12 Sep 2024unspecified₹1.5
20 Sep 2023unspecified₹1.5

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

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.