Poddar Pigments Ltd
NSE: PODDARMENT BSE: 524570
Incorporated in 1991, Poddar Pigments is a manufacturer of Color & Additive Master batches for dope dyeing of man-made fibers, various plastic applications[1]
₹246
52W: ₹201 — ₹335
PE 17.7 · Book ₹330 · -25% vs bookMarket Cap₹261 Cr
Stock P/E17.7Price to Earnings
ROCE5.79%Return on Capital
ROE4.13%Return on Equity
Div. Yield1.63%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Stock is trading at 0.77 times its book value
- +Company has been maintaining a healthy dividend payout of 20.7%
Weaknesses
- −The company has delivered a poor sales growth of 7.53% over past five years.
- −Company has a low return on equity of 6.42% over last 3 years.
Shareholding Pattern
Promoters62.43%
FIIs0%
DIIs0.23%
Public37.33%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% | 62.43% |
| FIIs | 0% | 0.13%▲0.1 | 0%▼0.1 | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.24% | 0.24% | 0.23%▼0.0 | 0.23% | 0.23% | 0.23% | 0.23% | 0.23% |
| Public | 37.33% | 37.2%▼0.1 | 37.34%▲0.1 | 37.34% | 37.34% | 37.33%▼0.0 | 37.33% | 37.33% |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 90.08 | 97.91 | 98.85 | 92.08 | 90.39 | 87.17 | 91.26 | 91.41 | 91.74 | 100.45 |
| Expenses | 81.07 | 85.92 | 87.86 | 85.34 | 83.23 | 80.14 | 84.65 | 84.88 | 85.43 | 96.18 |
| Operating Profit | 9.01 | 11.99 | 10.99 | 6.74 | 7.16 | 7.03 | 6.61 | 6.53 | 6.31 | 4.27 |
| OPM % | 10% | 12.25% | 11.12% | 7.32% | 7.92% | 8.06% | 7.24% | 7.14% | 6.88% | 4.25% |
| Net Profit | 7.14 | 8.75 | 7.61 | 5.12 | 4.95 | 5.14 | 4.17 | 3.6 | 2.25 | 4.74 |
| EPS ₹ | 6.73 | 8.25 | 7.17 | 4.83 | 4.67 | 4.84 | 3.93 | 3.39 | 2.12 | 4.47 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹375Cr, up 1.9% YoY. OPM at 6%.
Debt Position
Borrowings at ₹6Cr. Debt-to-equity ratio: 0.02x. Healthy balance sheet.
Institutional Flow
DIIs: 0.23% (-0.01pp change). FIIs: 0% (-0.51pp change). Promoters hold 62.43%.
Margin & Efficiency
ROCE declining from 25% (Mar 2015) to 6% (Mar 2026). Working capital days: 134.
Valuation
PE 17.7x with 5.79% ROCE. Price is -25% above book value of ₹330. Dividend yield: 1.63%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
- Announcement under Regulation 30 (LODR)-Dividend Updates 2d - Board approved FY26 audited results, recommended Rs.4 final dividend, and noted 3.51 MWp solar plant commissioning.
- Financial Results For The Quarter And Financial Year Ended 31St March, 2026 2d - Board approved FY26 audited results, recommended Rs 4 dividend, and commissioned 3.51 MWp solar plant.
- Board Meeting Outcome for Outcome Of Board Meeting 2d - Board approved FY26 audited results, recommended Rs.4 dividend, and commissioned 3.51 MWp solar plant.
- Closure of Trading Window 12 May - Board meeting postponed to 15 May 2026 to approve audited FY26 results and consider dividend.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse