Sudarshan Colorants India Ltd
NSE: SUDARCOLOR BSE: 506390
Sudarshan Colorants India Ltd (SUDARCOLOR) is a Diversified company listed on NSE: SUDARCOLOR | BSE: 506390. With a market cap of ₹817 Cr and ROCE of 11.4%, ROE of 8.83%, it operates in the Indian Diversified sector.
₹354
52W: ₹268 — ₹621
PE 16.9 · Book ₹247 · +43% vs bookMarket Cap₹817 Cr
Stock P/E16.9Price to Earnings
ROCE11.4%Return on Capital
ROE8.83%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company is almost debt free.
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of 1.33% over past five years.
- −Company has a low return on equity of 9.83% over last 3 years.
- −Earnings include an other income of Rs.21.8 Cr.
Shareholding Pattern
Promoters70.26%
FIIs0.19%
DIIs0.51%
Public29.04%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 54.37% | 54.37% | 54.37% | 54.37% | 54.37% | 54.37% | 70.26%▲15.9 | 70.26% |
| FIIs | 0.37% | 0.42%▲0.0 | 0.43%▲0.0 | 1.15%▲0.7 | 1.81%▲0.7 | 1.28%▼0.5 | 0.2%▼1.1 | 0.19%▼0.0 |
| DIIs | 3.24% | 3.71%▲0.5 | 8.53%▲4.8 | 10.62%▲2.1 | 9.16%▼1.5 | 10.1%▲0.9 | 0.51%▼9.6 | 0.51% |
| Public | 42.03% | 41.51%▼0.5 | 36.67%▼4.8 | 33.87%▼2.8 | 34.67%▲0.8 | 34.26%▼0.4 | 29.03%▼5.2 | 29.04%▲0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 176 | 205 | 173 | 218 | 213 | 220 | 211 | 183 | 176 | 211 |
| Expenses | 162 | 195 | 162 | 190 | 188 | 202 | 186 | 165 | 164 | 207 |
| Operating Profit | 14 | 10 | 11 | 28 | 25 | 18 | 24 | 18 | 11 | 4 |
| OPM % | 8% | 5% | 6% | 13% | 12% | 8% | 12% | 10% | 6% | 2% |
| Net Profit | 6 | 6 | 5 | 18 | 17 | 11 | 17 | 16 | -2 | 13 |
| EPS ₹ | 2.77 | 2.53 | 2.24 | 7.98 | 7.46 | 4.61 | 7.4 | 7.06 | -0.87 | 5.7 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹781Cr, down 5.3% YoY. OPM at 7%.
Debt Position
Borrowings at ₹23Cr. Debt-to-equity ratio: 0.04x. Healthy balance sheet.
Capex Cycle
CWIP at ₹8Cr (5% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.51% (-1.45pp change). FIIs: 0.19% (-0.10pp change). Promoters hold 70.26%.
Margin & Efficiency
ROCE improving from 1% (Dec 2014) to 11% (Mar 2026). Working capital days: 70.
Valuation
PE 16.9x with 11.4% ROCE. Price is 43% above book value of ₹247. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 May
- Audited Standalone Financial Results For The Quarter And Year Ended March 31, 2026. 11 May - Board approved FY26 audited results and appointed Nilkanth Natu as interim CFO from May 11, 2026.
- Board Meeting Outcome for Outcome Of Board Meeting Held On May 11, 2026. 11 May - Board approved FY26 audited results, appointed interim CFO Nilkanth Natu, and reappointed PwC as internal auditor.
- Announcement Under Reg 30 - Appointment Of Internal Auditor 11 May - Board approved FY26 audited results, appointed PwC internal auditor and Nilkanth Natu interim CFO from May 11, 2026.
- Announcement under Regulation 30 (LODR)-Change in Management 11 May - Board approved FY26 audited results and appointed Nilkanth Natu interim CFO effective May 11, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse