Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Stallion India Fluorochemicals Limited

NSE: STALLIONIndustrial GasesTrade-to-trade true

Share price

₹214.43

-2.36% close of 9 Oct 2026

Market cap ₹2,487 CrP/E 47.8

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.

53

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

₹2,487 Cr

P/E ratio

47.8

P/B ratio

3.7

ROCE

11.8%

ROE

9.0%

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 ₹414.3552-week low ₹101.83

Answers

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

How fast it has been growing

Fewer than three years of filings — too early to judge growth.

Whether it grew faster than its sector

It grew 11.3% a year against a sector median of 10.2% — 1.2 percentage points faster.

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

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.9 times its growth rate, on earnings growth of 56%.

Profit growthPrice per ₹1 profitPer 1% growth
Stallion India Fluorochemicals Limited — this one56%/yr47.8×₹0.85
Solar Industries India Limited30%/yr90.4×₹3.0
Pidilite Industries25%/yr57.1×₹2.3
SRF Limited-4%/yr33.4×—
Linde India Limited1%/yr93.3×₹93.3
Coromandel International Limited-1%/yr27.4×—

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 across the whole Chemicals sector, it ranks 90 of 182 on returns, 73 of 175 on growth, 73 of 182 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 11.8% on capital, ahead of 51% of companies across its whole sector. 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 the business itself consumed ₹42 crore of cash before any plant spend, funded from lenders and shareholders. And the profit is not backed by cash: it reported a profit over 6 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 82 days for its cash to waiting 145 days for its cash.

Profit reality check

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

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

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

Revenue rose 10.4% from the previous quarter and net profit rose 68.9% in Q1 FY27.

Announced 12 Aug 2026 · Standalone · Unaudited

Revenue

₹121 Cr

Revenue vs last year

+10.4%

Revenue vs last quarter

+10.4%

Net profit

₹19 Cr

Profit vs last year

+85.8%

Profit vs last quarter

+68.9%

Net margin

15.3%

EPS

₹1.60

Earnings call transcript · 17 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
₹2,487 Cr
Prev close
₹214.43
52w High
₹424
52w Low
₹99.3
Enterprise value
₹2,088 Cr
Beta
1.6
Price CAGR 1y
-13.0%
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
6.0%
PEG ratio
0.9
P/E ratio
47.8
P/B ratio
3.7
EV / EBITDA
31.6
Industry P/E
22.2
ROCE
11.8%
ROCE 5y average
25.4%
ROE
9.0%
Debt / Equity
0.0
Interest coverage
60.0
Dividend yield
0.0%
ROE 3y average
11.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹431 Cr
Annual profit
₹44 Cr
Operating margin
13.0%
Net profit margin
10.2%
EBITDA margin
13.5%
Sales growth 3y
24.0%
Sales growth 5y
29.6%
Profit growth 3y
56.0%
Profit growth 5y
35.0%
EPS
₹3.8
Sales growth TTM
6.0%
Profit growth TTM
52.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹121 Cr
Profit latest quarter
₹19 Cr
YoY quarterly sales growth
9.9%
YoY quarterly profit growth
90.0%
OPM latest quarter
18.1%

Balance Sheet

Book Value
₹58.7
Face Value
₹10.0
Total debt
₹34 Cr
Total cash
₹434 Cr
Borrowings
₹34 Cr
Reserves / Equity
4.9

Cash Flow

Operating cash flow
₹39 Cr
Free cash flow
-₹10 Cr
FCF yield
-0.4%
Net cash flow
₹154 Cr

Shareholding

Promoter holding
47.8%
FII holding
0.8%
DII holding
1.5%
Public holding
49.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Linde India6,041.7593.951,5240.07103.0-1.9694.421.618.2
Ellen.Indl.Gas351.9541.14,9600.0035.086.898.718.014.5
Steamhouse India121.2071.63,3500.0018.380.3128.613.316.0
Stallion India219.9549.12,5530.0018.679.3121.59.911.8
Hilltone Softwar37.42490.00-0.8-333.31.6-32.50.8
Natl. Oxygen56.00280.00-2.0-7.53.1-59.8-21.5
Bhagawati Gas12.9221.4220.00-0.37.10.0-88.96.1
Median285.9560.34,1550.0026.879.8125.015.715.2

Competes with: Ellenbarrie Industrial Gases Limited, Linde India Limited, Refex Industries Limited, Steamhouse India Limited

Quarterly results

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

Standalone · to 30 Jun 2026
Line itemJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales736885152110106105110121
Expenses6166711339690939499
Material Cost10195799410176
Change in Inventories18-7.394.80-7.72-1417
Purchases of Stock-in-Trade000000
Employee Cost5.502.252.352.442.442.39
Other Expenses8.316.063.592.933.934.40
Operating Profit12214191416121622
OPM %172.8617121315111518
Other Income000200213
Exceptional items (within Other Income)000000
Interest122200000
Depreciation000000010
Profit before tax11112181415131725
Tax %26-5620272525163425
Net Profit8110131011111119
EPS in Rs0.940.091.091.140.890.980.960.941.60
Diluted EPS in Rs1.761.311.421.401.331.60

Profit & loss

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

Standalone · to 31 Mar 2026
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales118186226233377431442
Expenses104153208209330373376
Material Cost293369
Change in Inventories-5.68-24
Purchases of Stock-in-Trade00
Employee Cost8.609.48
Other Expenses3418
Operating Profit14331824485866
OPM %1218810131315
Other Income10-23237
Exceptional items (within Other Income)00
Interest01146.150.891
Depreciation1221.111.171.482
Profit before tax13301322425970
Tax %273025282426
Net Profit10211015324452
EPS in Rs5.50121.211.722.783.784.48
Diluted EPS in Rs4.985.34
Dividend Payout %000000

Compounded growth

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

Compounded sales growth

10 years
—
5 years
30%
3 years
24%
TTM
6%

Compounded profit growth

10 years
—
5 years
35%
3 years
56%
TTM
52%

Stock price CAGR

10 years
—
5 years
—
3 years
—
1 year
-13%

Return on equity

10 years
—
5 years
14%
3 years
11%
Last year
9%

Balance sheet

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

Standalone
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1212556179116
Reserves28491664222565
Borrowings1021865234
Other Liabilities104353792722
Total Liabilities15398126200331737
Fixed Assets191813141731
CWIP0000035
Investments000000
Other Assets13480113186313671
Total Assets15398126200331737

Cash flows

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

Standalone
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-88-3-73-1339
Cash from Investing Activity-2-1-1312-20-253
Cash from Financing Activity12-8167676367
Net Cash Flow2-1-11543154
Free Cash Flow-107-3-75-18-10

Ratios

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

Standalone
Line itemMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days282566911110266
Inventory Days12811380178128134
Days Payable394764672719
Cash Conversion Cycle1693103282203180
Working Capital Days578262147196145
ROCE %5522182012

Shareholding pattern

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

Standalone · to 30 Jun 2026
Line itemMar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters686868654848
FIIs3.320.470.800.471.780.82
DIIs4.704.750.070.684.041.53
Public242731344650
No. of Shareholders46,31843,40543,09956,97662,33764,152

Price trend

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

Change over 1 year -30.1% (₹306.90 → ₹214.43)Brick size ₹11.11 (fixed)Bricks 71
₹100₹300₹400₹214Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹214.43 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

-400inr_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

News

News and filings about Stallion India Fluorochemicals Limited. Open one to see why it matters.

Supply chain

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

Uses as raw material

  • anhydrous hydrofluoric acid (AHF)
  • helium and specialty gases (SF6, R-23, R-227ea)
  • imported bulk HFC refrigerant gases (R-32, R-125, R-134a, R-410A, R-404A etc.)

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
Industrial Gases
Classification
Chemicals › Industrial Gases
ISIN
INE0RYC01010

Plants

  • Stallion Bhilwara R-32 plant
  • Stallion Ghiloth facility
  • Stallion Khalapur facility
  • Stallion Manesar facility
  • Stallion Mumbattu facility
  • Stallion Panvel facility

News impact

Big market events that reach Stallion India Fluorochemicals Limited, and how the effect spreads.

Who it hits first

  • Ellenbarrie Industrial Gases, a maker of industrial gases, won a Rs 481 crore turnkey order (design plus build, handed over ready to run) from BHEL, the power-equipment maker, to build a 1,200-tonne-per-day cryogenic Air Separation Unit, a plant that splits air into oxygen, nitrogen and other gases.
  • The unit serves BHEL's Coal to Ammonium Nitrate project, will be built over eight quarters (two years), and is expected to start running in FY29.
  • Ellenbarrie shares rose 5.1% on the news as investors priced in two years of confirmed project work.
  • BHEL, the buyer, has no fundamentals row in this pack, so no signal is given for it.

Who may gain

  • Ellenbarrie Industrial Gases — the Rs 481 crore BHEL order adds two years of project revenue and a marquee reference in India's coal gasification push.
  • BHEL — locks in a dedicated builder for a key gas plant in its coal-to-chemicals project, de-risking its FY29 start-up plan.
  • Ellenbarrie shareholders — the 5.1% jump reflects the market's welcome for the confirmed order book.

Along the supply chain

Downstream

Once running in FY29, the unit feeds oxygen and nitrogen into BHEL's coal-to-ammonium-nitrate chain; Ellenbarrie's current gas customers in drugs, paper and chemicals see no change to their own supply from this construction order.

Upstream

Building the plant needs compressors, cold boxes, steel and site labour, which can trickle into sub-orders for equipment vendors, though the pack names no supplier of Ellenbarrie for this job.

Where demand moves

Business

Real business flows one way: BHEL will pay Ellenbarrie Rs 481 crore over eight quarters to design and build the gas plant, lifting Ellenbarrie's order book and project billing; none of that spending reaches rival gas makers or Ellenbarrie's existing gas buyers.

Capital

Investor money rotated into Ellenbarrie shares, up 5.1% on the announcement, while rival gas-maker shares get sentiment read-through only, with no direct capital flow behind it.

How it spreads across sectors

Capital Goods

Mildly positive: BHEL converting its coal-to-chemicals plan into equipment orders signals a live project pipeline for heavy-equipment builders.

Chemicals

Positive read-through: a Rs 481 crore gas-plant order underlines demand for industrial gases and coal-gasification kit, supporting sentiment for gas makers such as Linde India.

When it plays out

Immediate

Ellenbarrie shares digest the 5.1% jump over 1-7 days as traders react to the confirmed Rs 481 crore order; rival gas makers trade sideways on sentiment.

Medium term

Over 1-6 months Ellenbarrie ramps up the eight-quarter build with milestone billing supporting revenue, while the FY29 start-up stays the real test.

Short term

Over 1-4 weeks attention turns to the order's fine print, payment milestones and margins, plus any further BHEL packages for equipment makers.

Dividends, splits & big trades

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

Splits, bonuses & buybacks

  • daily-prices repair: 2 rows from NSE's archive (replace 1, delete 1, insert 0), 2025-03-18..2026-01-15 (docs/flat_day_repair.md)1× · 18 Mar 2025

Bulk & block deals

DateWhoBought / soldSharesPrice
22 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY7,01,855₹246.08
22 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL6,96,710₹246.30
22 Jul 2026QE SECURITIES LLPSELL6,18,161₹245.80
22 Jul 2026QE SECURITIES LLPBUY5,95,617₹246.25
21 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDSELL13,18,972₹242.38
21 Jul 2026MICROCURVES TRADING PRIVATE LIMITEDBUY13,18,972₹242.20
21 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY11,78,643₹240.61
21 Jul 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL11,71,155₹240.73
21 Jul 2026QE SECURITIES LLPSELL9,11,086₹238.10
21 Jul 2026QE SECURITIES LLPBUY8,83,984₹237.44

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.