Archean Chemical Industries Ltd
Archean Chemical Industries Limited is India's largest exporter of bromine and industrial salt in Fiscal 2021. The company is the leading specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.[1]
Strengths
- +Company has been maintaining a healthy dividend payout of 17.2%
- +Company's working capital requirements have reduced from 60.2 days to 34.0 days
Weaknesses
- −The company has delivered a poor sales growth of 7.05% over past five years.
- −Company has a low return on equity of 12.7% over last 3 years.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 53.46% | 53.46% | 53.44%▼0.0 | 53.44% | 53.44% | 53.44% | 53.43%▼0.0 | 53.43% |
| FIIs | 9.53% | 10.17%▲0.6 | 10.65%▲0.5 | 10.93%▲0.3 | 11.05%▲0.1 | 11.16%▲0.1 | 11.08%▼0.1 | 11.09%▲0.0 |
| DIIs | 21.04% | 22.02%▲1.0 | 22.86%▲0.8 | 23.17%▲0.3 | 24.69%▲1.5 | 25.51%▲0.8 | 25.26%▼0.3 | 25.83%▲0.6 |
| Public | 15.96% | 14.37%▼1.6 | 13.06%▼1.3 | 12.44%▼0.6 | 10.84%▼1.6 | 9.9%▼0.9 | 10.24%▲0.3 | 9.67%▼0.6 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 413 | 283 | 211 | 238 | 243 | 322 | 279 | 221 | 250 | 292 |
| Expenses | 267 | 195 | 139 | 162 | 158 | 232 | 196 | 156 | 191 | 238 |
| Operating Profit | 146 | 88 | 73 | 76 | 84 | 90 | 83 | 65 | 59 | 54 |
| OPM % | 35% | 31% | 34% | 32% | 35% | 28% | 30% | 29% | 24% | 18% |
| Net Profit | 102 | 60 | 48 | 22 | 56 | 58 | 52 | 38 | 34 | 30 |
| EPS ₹ | 8.28 | 4.83 | 3.93 | 1.77 | 4.56 | 4.72 | 4.2 | 3.12 | 2.78 | 2.41 |
AI Insights
Mar 2026 revenue at ₹1,042Cr, up 2.8% YoY. OPM at 25%.
Borrowings at ₹322Cr. Debt-to-equity ratio: 0.16x. Healthy balance sheet.
CWIP at ₹53Cr (5% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 25.83% (-4.95pp change). FIIs: 11.09% (+7.03pp change). Promoters hold 53.43%.
ROCE improving from 0% (Mar 2018) to 11% (Mar 2026). Working capital days: 34.
PE 41.1x with 10.6% ROCE. Price is 217% above book value of ₹162. Dividend yield: 0.48%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 May - Newspaper publication of the Audited (Standalone & Consolidate) Financial Results of the Company
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 May - Earnings call recording for audited Q4 and FY2026 results available on company website.
- Announcement under Regulation 30 (LODR)-Investor Presentation 12 May
- Execution Of Fiscal Support Agreement By Sicsem Private Limited (Subsidiary Of Archean Chemical Industries Limited) With The India Semiconductor Mission ("ISM") 12 May - SiCSem signs fiscal support agreement for ₹2,067 crore SiC fab and ATMP facility in Odisha.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 12 May - Archean Chemical says it is not a large corporate; March 31, 2026 borrowing was Rs 77.43 crore.
- Financial Year 2024 from bse
- Financial Year 2023 from bse
- Financial Year 2022 from web