Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹1,258, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 72% over the past three years. Annuncio • Jun 05
Sunshield Chemicals Limited, Annual General Meeting, Jul 03, 2026 Sunshield Chemicals Limited, Annual General Meeting, Jul 03, 2026. New Risk • Jun 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Declared Dividend • May 29
Dividend increased to ₹3.00 Dividend of ₹3.00 is 20% higher than last year. Ex-date: 11th June 2026 Payment date: 1st January 1970 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (13% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.7% per year over the past 4 years and payments have been stable during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹995, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 87% over the past three years. Reported Earnings • May 15
Full year 2026 earnings released: EPS: ₹37.15 (vs ₹19.83 in FY 2025) Full year 2026 results: EPS: ₹37.15 (up from ₹19.83 in FY 2025). Revenue: ₹4.44b (up 21% from FY 2025). Net income: ₹296.0m (up 103% from FY 2025). Profit margin: 6.7% (up from 4.0% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹958, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 23x in the Chemicals industry in India. Total returns to shareholders of 77% over the past three years. Annuncio • Apr 23
Sunshield Chemicals Limited to Report Q4, 2026 Results on May 13, 2026 Sunshield Chemicals Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 13, 2026 Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹897, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 50% over the past three years. Reported Earnings • Feb 04
Third quarter 2026 earnings released: EPS: ₹5.83 (vs ₹2.22 in 3Q 2025) Third quarter 2026 results: EPS: ₹5.83 (up from ₹2.22 in 3Q 2025). Revenue: ₹949.6m (up 12% from 3Q 2025). Net income: ₹48.9m (up 200% from 3Q 2025). Profit margin: 5.1% (up from 1.9% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 18% per year. Annuncio • Jan 19
Sunshield Chemicals Limited to Report Q3, 2026 Results on Feb 03, 2026 Sunshield Chemicals Limited announced that they will report Q3, 2026 results on Feb 03, 2026 Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: ₹9.83 (vs ₹4.34 in 2Q 2025) Second quarter 2026 results: EPS: ₹9.83 (up from ₹4.34 in 2Q 2025). Revenue: ₹1.23b (up 32% from 2Q 2025). Net income: ₹72.3m (up 127% from 2Q 2025). Profit margin: 5.9% (up from 3.4% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 20
Sunshield Chemicals Limited Announces Cessation of Mr. Ajit Shah as an Independent Director and committees, Effective October 19, 2025 Sunshield Chemicals Limited announced that Mr. Ajit Shah has completed his second term of 5 (five) consecutive years as an Independent Director of the Company on the close of business hours of 19 October 2025 and consequently he shall cease to be a Director and member of various Board Committee(s). The Board placed on its record their appreciation for the valuable contribution and guidance of Mr. Ajit Shah in the growth trajectory and transition of the Company over last 10 years as a Director and member of various Board committee(s) of the Company. Annuncio • Oct 17
Sunshield Chemicals Limited to Report Q2, 2026 Results on Oct 30, 2025 Sunshield Chemicals Limited announced that they will report Q2, 2026 results on Oct 30, 2025 New Risk • Sep 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.8% average weekly change). Minor Risks High level of debt (102% net debt to equity). Profit margins are more than 30% lower than last year (4.3% net profit margin). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₹8.23b market cap, or US$92.8m). Annuncio • Aug 07
Sunshield Chemicals Limited has filed a Follow-on Equity Offering in the amount of INR 1.5 billion. Sunshield Chemicals Limited has filed a Follow-on Equity Offering in the amount of INR 1.5 billion.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering Reported Earnings • Aug 01
First quarter 2026 earnings released: EPS: ₹9.28 (vs ₹5.45 in 1Q 2025) First quarter 2026 results: EPS: ₹9.28 (up from ₹5.45 in 1Q 2025). Revenue: ₹1.15b (up 48% from 1Q 2025). Net income: ₹68.2m (up 70% from 1Q 2025). Profit margin: 5.9% (up from 5.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jul 31
Sunshield Chemicals Limited has withdrawn its Follow-on Equity Offering in the amount of INR 1.5 billion. Sunshield Chemicals Limited has withdrawn its Follow-on Equity Offering in the amount of INR 1.5 billion.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 4.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (3.0x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.1% average weekly change). Profit margins are more than 30% lower than last year (4.0% net profit margin). Market cap is less than US$100m (₹5.68b market cap, or US$64.8m). Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹926, the stock trades at a trailing P/E ratio of 46.7x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 88% over the past three years. Annuncio • Jul 18
Sunshield Chemicals Limited to Report Q1, 2026 Results on Jul 31, 2025 Sunshield Chemicals Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Reported Earnings • Jun 21
Full year 2025 earnings released: EPS: ₹19.83 (vs ₹25.63 in FY 2024) Full year 2025 results: EPS: ₹19.83 (down from ₹25.63 in FY 2024). Revenue: ₹3.66b (up 29% from FY 2024). Net income: ₹145.8m (down 23% from FY 2024). Profit margin: 4.0% (down from 6.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Annuncio • Jun 16
Sunshield Chemicals Limited, Annual General Meeting, Jul 14, 2025 Sunshield Chemicals Limited, Annual General Meeting, Jul 14, 2025, at 11:00 Indian Standard Time. Reported Earnings • May 07
Full year 2025 earnings released: EPS: ₹19.81 (vs ₹25.63 in FY 2024) Full year 2025 results: EPS: ₹19.81 (down from ₹25.63 in FY 2024). Revenue: ₹3.69b (up 30% from FY 2024). Net income: ₹145.7m (down 23% from FY 2024). Profit margin: 3.9% (down from 6.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Annuncio • May 05
Sunshield Chemicals Limited Recommends Final Dividend for Financial Year Ended March 31, 2025 Sunshield Chemicals Limited Recommended payment of final dividend of INR 2.5 per equity share of the face value of INR 10 each for the financial year ended March 31, 2025, subject to approval of shareholders at the upcoming 38th Annual General Meeting. Annuncio • Apr 25
Sunshield Chemicals Limited to Report Q4, 2025 Results on May 05, 2025 Sunshield Chemicals Limited announced that they will report Q4, 2025 results on May 05, 2025 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹826, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 25x in the Chemicals industry in India. Total returns to shareholders of 32% over the past three years. Annuncio • Mar 20
Sunshield Chemicals Limited Announces Cessation of Ranjal L Shenoy as Director and Member of Various Board Committee Sunshield Chemicals Limited informed that Mr. Ranjal L Shenoy (DIN:00074761) has completed his second term of 5 (five) consecutive years as an Independent Director of the Company on the close of business hours of 19th March 2025 and consequently he shall cease to be a Director and member of various Board Committee(s). The Board placed on its record their appreciation for the valuable contribution and guidance of Mr. Ranjal L. Shenoy in the growth trajectory and transition of the Company over last 10 years as a Director and member of various Board committee(s) of the Company. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹748, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 24x in the Chemicals industry in India. Total returns to shareholders of 52% over the past three years. Reported Earnings • Feb 12
Third quarter 2025 earnings released: EPS: ₹2.22 (vs ₹6.97 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.22 (down from ₹6.97 in 3Q 2024). Revenue: ₹846.1m (up 30% from 3Q 2024). Net income: ₹16.3m (down 68% from 3Q 2024). Profit margin: 1.9% (down from 7.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Cyrus Poonevala was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 01
Sunshield Chemicals Limited to Report Q3, 2025 Results on Feb 11, 2025 Sunshield Chemicals Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Annuncio • Oct 18
Sunshield Chemicals Limited to Report Q2, 2025 Results on Oct 28, 2024 Sunshield Chemicals Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Annuncio • Oct 01
Sunshield Chemicals Limited has filed a Follow-on Equity Offering in the amount of INR 1.5 billion. Sunshield Chemicals Limited has filed a Follow-on Equity Offering in the amount of INR 1.5 billion.
Security Name: Equity Shares
Security Type: Common Stock
Transaction Features: Regulation S; Rights Offering Annuncio • Aug 02
Sunshield Chemicals Limited to Report Q1, 2025 Results on Aug 09, 2024 Sunshield Chemicals Limited announced that they will report Q1, 2025 results on Aug 09, 2024 Reported Earnings • Jul 23
Full year 2024 earnings released: EPS: ₹25.63 (vs ₹18.58 in FY 2023) Full year 2024 results: EPS: ₹25.63 (up from ₹18.58 in FY 2023). Revenue: ₹2.83b (up 16% from FY 2023). Net income: ₹188.5m (up 38% from FY 2023). Profit margin: 6.7% (up from 5.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Declared Dividend • Jul 15
Final dividend of ₹1.20 announced Shareholders will receive a dividend of ₹1.20. Ex-date: 31st July 2024 Payment date: 13th September 2024 Dividend yield will be 0.2%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is covered by earnings (9% earnings payout ratio) but not covered by cash flows (285% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 143% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jul 13
Sunshield Chemicals Limited, Annual General Meeting, Aug 14, 2024 Sunshield Chemicals Limited, Annual General Meeting, Aug 14, 2024. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹1,053, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 35x in the Chemicals industry in India. Total returns to shareholders of 238% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹984, the stock trades at a trailing P/E ratio of 38.4x. Average trailing P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 260% over the past three years. New Risk • May 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (103% net debt to equity). Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (₹6.43b market cap, or US$77.2m). Annuncio • May 17
Sunshield Chemicals Limited Recommends Payment of Final Dividend for the Financial Year Ended March 31, 2024 Sunshield Chemicals Limited informed that at its board of directors meeting held on May 16, 2024, approved recommended payment of final dividend @ INR 1.2 per equity share of the face value of INR 10.00 each for the financial year ended 31st March 2024, subject to approval of shareholders at the upcoming 37th Annual General Meeting. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹932, the stock trades at a trailing P/E ratio of 42.3x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 207% over the past three years. Annuncio • May 10
Sunshield Chemicals Limited to Report Q4, 2024 Results on May 16, 2024 Sunshield Chemicals Limited announced that they will report Q4, 2024 results on May 16, 2024 Upcoming Dividend • Feb 15
Upcoming dividend of ₹1.20 per share at 0.3% yield Eligible shareholders must have bought the stock before 22 February 2024. Payment date: 10 March 2024. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.8%). Reported Earnings • Feb 12
Third quarter 2024 earnings released: EPS: ₹6.97 (vs ₹1.36 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.97 (up from ₹1.36 in 3Q 2023). Revenue: ₹655.7m (up 28% from 3Q 2023). Net income: ₹51.3m (up 413% from 3Q 2023). Profit margin: 7.8% (up from 2.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 57% per year, which means it is well ahead of earnings. Annuncio • Feb 09
Sunshield Chemicals Limited Approves Interim Dividend for the Financial Year 2023-2024 Sunshield Chemicals Limited announced that at its board meeting held on 9 February 2024 approved the declaration of interim dividend of INR 1.20 per equity share of INR 10 each for the financial year 2023-2024. Accordingly, the board has fixed 22 February 2024 as a record date for determining entitlement of members for the purpose of payment of interim dividend. Reported Earnings • Nov 03
Second quarter 2024 earnings released: EPS: ₹5.29 (vs ₹7.47 in 2Q 2023) Second quarter 2024 results: EPS: ₹5.29 (down from ₹7.47 in 2Q 2023). Revenue: ₹662.5m (up 2.9% from 2Q 2023). Net income: ₹38.8m (down 29% from 2Q 2023). Profit margin: 5.9% (down from 8.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 85% per year, which means it is well ahead of earnings. Annuncio • Oct 21
Sunshield Chemicals Limited to Report Q2, 2024 Results on Nov 01, 2023 Sunshield Chemicals Limited announced that they will report Q2, 2024 results on Nov 01, 2023 Upcoming Dividend • Aug 03
Upcoming dividend of ₹2.00 per share at 0.2% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 24 September 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.9%). Annuncio • Jul 25
Sunshield Chemicals Limited to Report Q1, 2024 Results on Aug 11, 2023 Sunshield Chemicals Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Annuncio • Jul 23
Sunshield Chemicals Limited, Annual General Meeting, Aug 25, 2023 Sunshield Chemicals Limited, Annual General Meeting, Aug 25, 2023. Agenda: To consider Final dividend. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₹944, the stock trades at a trailing P/E ratio of 50.8x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 528% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹698, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 549% over the past three years. Reported Earnings • May 18
Full year 2023 earnings released: EPS: ₹18.58 (vs ₹37.37 in FY 2022) Full year 2023 results: EPS: ₹18.58 (down from ₹37.37 in FY 2022). Revenue: ₹2.47b (up 1.1% from FY 2022). Net income: ₹136.6m (down 50% from FY 2022). Profit margin: 5.5% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 89% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 17
Sunshield Chemicals Limited Recommends Payment of Final Dividend for the Financial Year Ended 31St March 2023 Sunshield Chemicals Limited at its board of directors meeting held on May 16, 2023 recommended payment of final dividend at INR 2 per equity share of the face value of INR 10 each for the financial year ended 31st March 2023, subject to approval of shareholders at the ensuing 36th Annual General Meeting ("AGM"). The dividend, if approved, shall be paid/dispatched to the shareholders within 30 days of its approval by the shareholders, at the AGM. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹632, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 617% over the past three years. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹535, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 349% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹493, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 301% over the past three years. Annuncio • Feb 03
Sunshield Chemicals Limited Announces Board Changes Sunshield Chemicals Limited announced that at its board meeting held on 3 February 2023, approved re-designation of Mr. Jeet Malhotra, Director & CEO as Managing Director & CEO, effective from 3 February 2023. Annuncio • Jan 24
Sunshield Chemicals Limited to Report Q3, 2023 Results on Feb 03, 2023 Sunshield Chemicals Limited announced that they will report Q3, 2023 results on Feb 03, 2023 Annuncio • Dec 24
Sunshield Chemicals Limited Announces Resignation of Virendrasingh Baidwal as Managing Director Sunshield Chemicals Limited announced that Mr. Virendrasingh Baidwal (DIN- 05237385), Managing Director has submitted his resignation from the Board and its committees due to his health issues. His resignation as Managing Director is effective from December 23, 2022. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹7.47 (vs ₹6.23 in 2Q 2022) Second quarter 2023 results: EPS: ₹7.47 (up from ₹6.23 in 2Q 2022). Revenue: ₹643.7m (up 9.7% from 2Q 2022). Net income: ₹54.9m (up 20% from 2Q 2022). Profit margin: 8.5% (up from 7.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year whereas the company’s share price has increased by 68% per year. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Cyrus Poonevala was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹7.47 (vs ₹6.23 in 2Q 2022) Second quarter 2023 results: EPS: ₹7.47 (up from ₹6.23 in 2Q 2022). Revenue: ₹646.5m (up 10% from 2Q 2022). Net income: ₹54.9m (up 20% from 2Q 2022). Profit margin: 8.5% (up from 7.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year whereas the company’s share price has increased by 69% per year. Annuncio • Nov 11
Sunshield Chemicals Limited Appoints Aashish Agarwaal as Chief Financial Officer Sunshield Chemicals Limited approved appointment of Mr. Aashish Agarwaal as Chief Financial officer (CFO) of the Company effective from 11 November 2022. Mr. Aashish Agarwaal is designated as Key Managerial Personnel (KMP) of the Company. Mr. Aashish Agarwaal is Chartered Accountant and Cost Accountant with 25 years of rich experience in Accounts, Finance & Taxation. Proficient in Accountancy, Auditing, Taxation, preparation & submission of Final Accounts, Tax Audit Reports, Controls & MIS Development. He has worked with large/Listed Companies like Tata Steel Limited, Satyam Computer Services Limited, Andhra Cements Limited and Welspun Group. Annuncio • Nov 03
Sunshield Chemicals Limited to Report Q2, 2023 Results on Nov 11, 2022 Sunshield Chemicals Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹619, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 460% over the past three years. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 19% share price gain to ₹519, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 289% over the past three years. Reported Earnings • Jul 06
Full year 2022 earnings released Full year 2022 results: Net income: ₹274.8m (up 94% from FY 2021). Annuncio • Jun 29
Sunshield Chemicals Limited, Annual General Meeting, Jul 29, 2022 Sunshield Chemicals Limited, Annual General Meeting, Jul 29, 2022. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹384, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 16x in the Chemicals industry in India. Total returns to shareholders of 161% over the past three years. Annuncio • Jun 03
Sunshield Chemicals Limited Announces Resignation of Ravi Sharma as Chief Financial Officer Sunshield Chemicals Limited announced that Mr. Ravi Sharma has resigned and ceased to be the Chief Financial Officer of the Company effective immediately, 2nd June 2022. Annuncio • May 31
Sunshield Chemicals Limited Recommends the Dividend for the financial year 2021-22 Sunshield Chemicals Limited have recommended the dividend of INR 2/- (Rupees two only) per equity share of the face value of 10/- (Rupees ten only) for the financial year 2021-22, subject To Approve the members at the ensuing Annual General Meeting (AGM). Annuncio • May 20
Sunshield Chemicals Limited to Report Q4, 2022 Results on May 30, 2022 Sunshield Chemicals Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹583, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 315% over the past three years. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Cyrus Poonevala was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 17% share price gain to ₹673, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 312% over the past three years. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 29% share price gain to ₹638, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 303% over the past three years. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹5.15 (down from ₹5.36 in 3Q 2021). Revenue: ₹580.0m (up 7.5% from 3Q 2021). Net income: ₹37.9m (down 3.8% from 3Q 2021). Profit margin: 6.5% (down from 7.3% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth. Board Change • Feb 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Cyrus Poonevala was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Feb 01
Sunshield Chemicals Limited to Report Q3, 2022 Results on Feb 14, 2022 Sunshield Chemicals Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹430, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 162% over the past three years. Board Change • Dec 31
High number of new directors Executive Non-Independent Director Jeet Malhotra was the last director to join the board, commencing their role in 2021. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 20% share price gain to ₹472, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 165% over the past three years. Executive Departure • Dec 01
Non-Executive Director Lim Kim Swee has left the company On the 30th of November, Lim Kim Swee's tenure as Non-Executive Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Lim Kim's name. A total of 7 executives have left over the last 12 months. Executive Departure • Dec 01
MD & Executive Director Manoj Khullar has left the company On the 30th of November, Manoj Khullar's tenure as MD & Executive Director of the company ended after 6.4 years in the role. We don't have any record of a personal shareholding under Manoj's name. A total of 7 executives have left over the last 12 months. Under Manoj's leadership, the company delivered a total shareholder return of -11%. Executive Departure • Dec 01
Non-Executive Director Ronald Lehman has left the company On the 30th of November, Ronald Lehman's tenure as Non-Executive Director ended after less than a year in the role. We don't have any record of a personal shareholding under Ronald's name. A total of 7 executives have left over the last 12 months. Executive Departure • Dec 01
Non-Executive Director Yock Jeng Goh has left the company On the 30th of November, Yock Jeng Goh's tenure as Non-Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Yock Jeng's name. A total of 7 executives have left over the last 12 months. Executive Departure • Dec 01
Non-Executive Director Mohit Jalote has left the company On the 30th of November, Mohit Jalote's tenure as Non-Executive Director ended after 1.8 years in the role. We don't have any record of a personal shareholding under Mohit's name. A total of 7 executives have left over the last 12 months. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹22.19 (vs ₹1.11 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹606.7m (up 56% from 1Q 2021). Net income: ₹163.2m (up ₹155.1m from 1Q 2021). Profit margin: 27% (up from 2.1% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Executive Departure • Aug 05
Compliance Officer & Company Secretary Amit Kumashi has left the company On the 31st of July, Amit Kumashi's tenure as Compliance Officer & Company Secretary ended after 13.1 years in the role. We don't have any record of a personal shareholding under Amit's name. A total of 2 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improved over the past week After last week's 16% share price gain to ₹366, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 42% over the past three years. Executive Departure • Jul 13
Non-Executive Director Boon Koh has left the company On the 30th of June, Boon Koh's tenure as Non-Executive Director ended after 3.1 years in the role. We don't have any record of a personal shareholding under Boon's name. Boon is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.00 years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹19.29 (vs ₹0.88 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.99b (up 9.8% from FY 2020). Net income: ₹141.8m (up ₹135.4m from FY 2020). Profit margin: 7.1% (up from 0.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improved over the past week After last week's 21% share price gain to ₹335, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 21% share price gain to ₹249, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 17x in the Chemicals industry in India. Total loss to shareholders of 15% over the past three years.