Announcement • Jul 29
Sumitomo Chemical India Limited Announces Managing Director Changes Sumitomo Chemical India Limited at its Annual General Meeting held on 27th July, 2026 approved appointment of Mr. Chetan Shah (DIN: 00488127), presently Managing Director whose tenure as MD concludes on 31st August, 2026, as a Non- Executive Non-Independent Director with effect from 1st September 2026 and Promotion of Dr. Suresh Ramachandran (DIN: 03110244), presently Deputy Managing Director, to the position of Managing Director with effect from 1st September, 2026. Announcement • Jul 28
Sumitomo Chemical India Limited Announces Management Changes Sumitomo Chemical India Limited at its Annual General Meeting held on 27th July, 2026 approved the appointment of Mr. Anand Mohan Tiwari (DIN: 02986260), as an Independent Director with effect from 31st August, 2026 for a term of 2 (two) years. Appointment of Mr. Chetan Shah (DIN: 00488127), presently Managing Director whose tenure as MD concludes on 31st August, 2026, as a Non- Executive Non-Independent Director with effect from 1st September 2026. Announcement • Jul 11
Sumitomo Chemical India Limited to Report Q1, 2027 Results on Jul 27, 2026 Sumitomo Chemical India Limited announced that they will report Q1, 2027 results on Jul 27, 2026 Upcoming Dividend • Jul 10
Upcoming dividend of ₹1.30 per share Eligible shareholders must have bought the stock before 17 July 2026. Payment date: 26 August 2026. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.8%). Reported Earnings • Jul 04
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹10.88 (up from ₹10.13 in FY 2025). Revenue: ₹32.4b (up 2.9% from FY 2025). Net income: ₹5.43b (up 7.4% from FY 2025). Profit margin: 17% (in line with FY 2025). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 1.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹502, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 18% over the past three years. Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Independent Director Narayanaswami Sivaraman was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 30
Sumitomo Chemical India Limited, Annual General Meeting, Jul 27, 2026 Sumitomo Chemical India Limited, Annual General Meeting, Jul 27, 2026, at 14:30 Indian Standard Time. New Risk • Jun 22
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Declared Dividend • Jun 19
Dividend increased to ₹1.30 Dividend of ₹1.30 is 8.3% higher than last year. Ex-date: 17th July 2026 Dividend yield will be 0.3%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 15% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 50% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 18
Sumitomo Chemical India Limited announces Annual dividend Sumitomo Chemical India Limited announced Annual dividend of INR 1.3000 per share, ex-date on July 17, 2026 and record date on July 17, 2026. Reported Earnings • May 27
Full year 2026 earnings: EPS and revenues miss analyst expectations Full year 2026 results: EPS: ₹10.88 (up from ₹10.13 in FY 2025). Revenue: ₹33.9b (up 7.5% from FY 2025). Net income: ₹5.43b (up 7.4% from FY 2025). Profit margin: 16% (in line with FY 2025). Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 1.1%. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Announcement • May 26
Sumitomo Chemical India Limited Proposes Dividend for the Financial Year Ended March 31, 2026 Sumitomo Chemical India Limited at its board meeting held on May 26, 2026 has declared a Dividend of INR 1.30 per equity share on 49,91,45,736 equity shares of INR 10/- each for the financial year ended 31st March, 2026, subject to the approval at the AGM. Announcement • May 08
Sumitomo Chemical India Limited to Report Fiscal Year 2026 Results on May 26, 2026 Sumitomo Chemical India Limited announced that they will report fiscal year 2026 results on May 26, 2026 Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹499, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 30% over the past three years. Price Target Changed • Mar 15
Price target decreased by 9.2% to ₹525 Down from ₹578, the current price target is an average from 6 analysts. New target price is 38% above last closing price of ₹381. Stock is down 22% over the past year. The company is forecast to post earnings per share of ₹11.08 for next year compared to ₹10.13 last year. Reported Earnings • Jan 28
Third quarter 2026 earnings: EPS and revenues miss analyst expectations Third quarter 2026 results: EPS: ₹1.52 (down from ₹1.74 in 3Q 2025). Revenue: ₹5.68b (down 12% from 3Q 2025). Net income: ₹756.3m (down 13% from 3Q 2025). Profit margin: 13% (in line with 3Q 2025). Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 24%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Jan 06
Sumitomo Chemical India Limited to Report Q3, 2026 Results on Jan 27, 2026 Sumitomo Chemical India Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Jan 27, 2026 Reported Earnings • Oct 28
Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2026 results: EPS: ₹3.56 (down from ₹3.85 in 2Q 2025). Revenue: ₹9.30b (down 5.9% from 2Q 2025). Net income: ₹1.78b (down 7.6% from 2Q 2025). Profit margin: 19% (in line with 2Q 2025). Revenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 1.7%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year. Announcement • Oct 03
Sumitomo Chemical India Limited to Report Q2, 2026 Results on Oct 27, 2025 Sumitomo Chemical India Limited announced that they will report Q2, 2026 results on Oct 27, 2025 Reported Earnings • Aug 05
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: ₹3.57 (up from ₹2.54 in 1Q 2025). Revenue: ₹10.6b (up 26% from 1Q 2025). Net income: ₹1.78b (up 41% from 1Q 2025). Profit margin: 17% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 20
Upcoming dividend of ₹1.20 per share Eligible shareholders must have bought the stock before 25 July 2025. Payment date: 03 September 2025. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.7%). Announcement • Jul 09
Sumitomo Chemical India Limited to Report Q1, 2026 Results on Aug 04, 2025 Sumitomo Chemical India Limited announced that they will report Q1, 2026 results on Aug 04, 2025 Declared Dividend • Jul 06
Dividend increased to ₹1.20 Dividend of ₹1.20 is 33% higher than last year. Ex-date: 25th July 2025 Payment date: 3rd September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (14% cash payout ratio). The dividend has increased by an average of 17% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 56% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 28
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹10.13 (up from ₹7.40 in FY 2024). Revenue: ₹32.7b (up 15% from FY 2024). Net income: ₹5.05b (up 37% from FY 2024). Profit margin: 16% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Announcement • May 01
Sumitomo Chemical India Limited to Report Fiscal Year 2025 Results on May 26, 2025 Sumitomo Chemical India Limited announced that they will report fiscal year 2025 results on May 26, 2025 Reported Earnings • Jan 28
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: ₹1.74 (up from ₹1.10 in 3Q 2024). Revenue: ₹6.73b (up 24% from 3Q 2024). Net income: ₹869.5m (up 59% from 3Q 2024). Profit margin: 13% (up from 10% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 8.4%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Jan 06
Sumitomo Chemical India Limited to Report Q3, 2025 Results on Jan 27, 2025 Sumitomo Chemical India Limited announced that they will report Q3, 2025 results on Jan 27, 2025 New Risk • Nov 30
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 7.6% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 29
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: ₹3.85 (up from ₹2.87 in 2Q 2024). Revenue: ₹10.2b (up 13% from 2Q 2024). Net income: ₹1.92b (up 34% from 2Q 2024). Profit margin: 19% (up from 16% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Oct 09
Sumitomo Chemical India Limited to Report Q2, 2025 Results on Oct 28, 2024 Sumitomo Chemical India Limited announced that they will report Q2, 2025 results at 12:08 PM, Indian Standard Time on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹611, the stock trades at a forward P/E ratio of 49x. Average forward P/E is 33x in the Chemicals industry in India. Total returns to shareholders of 50% over the past three years. Announcement • Aug 27
Sumitomo Chemical India Limited Announces Cessation of B. V. Bhargava as Independent Director Sumitomo Chemical India Limited announced that Mr. B. V. Bhargava, Independent Director of the Company, has ceased to be the Director of the Company with effect from 26 August, 2024 owing to completion of his five-year term of Independent Directorship. Price Target Changed • Jul 31
Price target increased by 11% to ₹539 Up from ₹486, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ₹519. Stock is up 28% over the past year. The company is forecast to post earnings per share of ₹10.09 for next year compared to ₹7.40 last year. Announcement • Jul 04
Sumitomo Chemical India Limited to Report Q1, 2025 Results on Jul 27, 2024 Sumitomo Chemical India Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Jul 27, 2024 Declared Dividend • Jul 03
Final dividend of ₹0.90 announced Shareholders will receive a dividend of ₹0.90. Ex-date: 19th July 2024 Payment date: 29th August 2024 Dividend yield will be 1.2%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 13% per year over the past 4 years. However, payments have been volatile during that time. EPS is expected to grow by 78% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 02
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹7.40 (down from ₹10.06 in FY 2023). Revenue: ₹28.4b (down 19% from FY 2023). Net income: ₹3.70b (down 26% from FY 2023). Profit margin: 13% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.7%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 01
Sumitomo Chemical India Limited, Annual General Meeting, Jul 30, 2024 Sumitomo Chemical India Limited, Annual General Meeting, Jul 30, 2024, at 14:30 Indian Standard Time. Announcement • May 30
Sumitomo Chemical India Limited Proposes Final Dividend for Fiscal Year 2023-24, Payable on or After August 5, 2024 Sumitomo Chemical India Limited announced that Meeting of the Board of Directors of the Company held on May 27, 2024, the Board of Directors has declared final dividend for the F.Y. 2023-24 of INR 0.90 per equity share on 49,91,45,736 equity shares of INR 10 each which is subject to the approval of the members in the Annual General Meeting and will be paid on or after 5th August, 2024. Price Target Changed • May 29
Price target increased by 7.6% to ₹459 Up from ₹427, the current price target is an average from 7 analysts. New target price is 6.0% below last closing price of ₹488. Stock is up 23% over the past year. The company is forecast to post earnings per share of ₹10.25 for next year compared to ₹7.40 last year. Reported Earnings • May 28
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹7.40 (down from ₹10.06 in FY 2023). Revenue: ₹29.4b (down 16% from FY 2023). Net income: ₹3.70b (down 26% from FY 2023). Profit margin: 13% (down from 14% in FY 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.7%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 08
Sumitomo Chemical India Limited to Report Fiscal Year 2024 Results on May 27, 2024 Sumitomo Chemical India Limited announced that they will report fiscal year 2024 results on May 27, 2024 Upcoming Dividend • Feb 07
Upcoming dividend of ₹5.00 per share at 0.3% yield Eligible shareholders must have bought the stock before 14 February 2024. Payment date: 02 March 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.8%). Reported Earnings • Feb 02
Third quarter 2024 earnings: EPS in line with expectations, revenues disappoint Third quarter 2024 results: EPS: ₹1.10 (down from ₹1.81 in 3Q 2023). Revenue: ₹5.69b (down 25% from 3Q 2023). Net income: ₹547.1m (down 40% from 3Q 2023). Profit margin: 9.6% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Announcement • Feb 01
Sumitomo Chemical India Limited Declares Special Dividend for the Fiscal Year 2023-24, Payable on or After 20 February, 2024 The board of directors Sumitomo Chemical India Limited meeting held February 1, 2024, declared an interim dividend in the form of Special Dividend for the fiscal year 2023-24 of INR 5 per equity share on 499,145,736 equity shares of INR 10 each which will be paid on or after the 20th February, 2024. Payment of interim dividend will be made to the Members whose names stand on the company's Register of Members, on the 14th February, 2024 and to the Beneficial Owner(s) as per the Beneficiary List at the close of business hours on the 14th February, 2024, provided by the National Securities and Depository Limited and Central Depository Services (India) Limited. Announcement • Jan 09
Sumitomo Chemical India Limited to Report Q3, 2024 Results on Feb 01, 2024 Sumitomo Chemical India Limited announced that they will report Q3, 2024 results on Feb 01, 2024 Reported Earnings • Oct 29
Second quarter 2024 earnings released: EPS: ₹2.87 (vs ₹4.04 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.87 (down from ₹4.04 in 2Q 2023). Revenue: ₹9.28b (down 17% from 2Q 2023). Net income: ₹1.43b (down 29% from 2Q 2023). Profit margin: 16% (down from 18% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year. Announcement • Oct 05
Sumitomo Chemical India Limited to Report Q2, 2024 Results on Oct 27, 2023 Sumitomo Chemical India Limited announced that they will report Q2, 2024 results at 4:00 PM, Indian Standard Time on Oct 27, 2023 Announcement • Sep 02
Sumitomo Chemical India Limited (NSEI:SUMICHEM) entered into definitive agreement to acquire unknown minority stake in Barrix Agro Sciences Pvt. Ltd. Sumitomo Chemical India Limited (NSEI:SUMICHEM) entered into definitive agreement to acquire unknown minority stake in Barrix Agro Sciences Pvt. Ltd. on September 1, 2023. Sumitomo Chemical is acquiring total 85% stake in Barrix through a combination of primary investment (subscribing to new equity shares to issued by Barrix) and secondary stake purchase (transfer of shares from existing shareholders) for a total consideration of INR 850 million. Barrix Agro reported turnover of INR 380 million for FY 2022-23. The transaction is subject to customary closing conditions and approvals. KPMG acted as commercial, financial & tax due diligence advisor to Sumitomo Chemical India Limited. Pioneer Legal acted as legal advisors to Sumitomo Chemical India Limited. EY acted as exclusive financial advisor and IC Universal Legal and KS&K acted as legal advisors to Barrix Agro Sciences and its shareholders including Omnivore. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Chief Commercial Officer & Whole Time Director Suresh Ramachandran was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 14
Upcoming dividend of ₹1.20 per share at 0.3% yield Eligible shareholders must have bought the stock before 21 July 2023. Payment date: 27 August 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.9%). Announcement • Jul 13
Sumitomo Chemical India Limited to Report Q1, 2024 Results on Jul 31, 2023 Sumitomo Chemical India Limited announced that they will report Q1, 2024 results on Jul 31, 2023 Announcement • Jul 06
Sumitomo Chemical India Limited Announces Dividend for Fiscal Year 2022-2023 Sumitomo Chemical India Limited announced payment of Dividend at the rate of INR 1.20 per share for fiscal year 2022-2023. Record date is 21 July 2023. Announcement • Jul 04
Sumitomo Chemical India Limited, Annual General Meeting, Jul 28, 2023 Sumitomo Chemical India Limited, Annual General Meeting, Jul 28, 2023, at 14:30 Indian Standard Time. Price Target Changed • Jun 09
Price target decreased by 11% to ₹493 Down from ₹551, the current price target is an average from 6 analysts. New target price is 21% above last closing price of ₹406. Stock is down 12% over the past year. The company is forecast to post earnings per share of ₹11.21 for next year compared to ₹10.06 last year. Announcement • May 19
Sumitomo Chemical India Limited Proposes Dividend for the Financial Year 2022-23, Payable on or After August 2, 2023 Sumitomo Chemical India Limited announced Meeting of the Board of Directors of the Company held on 18th May, 2023, the Board of Directors has declared dividend for the F.Y. 2022-23 of INR 1.20 per equity share on 499,145,736 equity shares of INR 10/- each which is subject to the approval of the members in the Annual General Meeting and will be paid on or after 2nd August, 2023. Reported Earnings • May 19
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: ₹10.06 (up from ₹8.49 in FY 2022). Revenue: ₹35.6b (up 16% from FY 2022). Net income: ₹5.02b (up 19% from FY 2022). Profit margin: 14% (in line with FY 2022). Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 2.2%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹1.81 (vs ₹1.78 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.81 (up from ₹1.78 in 3Q 2022). Revenue: ₹7.54b (up 6.6% from 3Q 2022). Net income: ₹904.8m (up 1.7% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Feb 04
Sumitomo Chemical India Limited Announces Company Secretary and Compliance Officer Changes The Board of Directors of Sumitomo Chemical India Limited at its meeting held on 3rd February, 2023 approved appointment of Ms. Deepika Trivedi (ICSI Membership No. A30138) as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company, effective April 1, 2023 in place of Mr. Pravin D. Desai, who retires on March 31, 2023. Ms. Deepika Trivedi has more than 12 years of experience in Secretarial Function and is presently working as Senior Manager Secretarial in the Company. Announcement • Jan 18
Sumitomo Chemical India Limited to Report Q3, 2023 Results on Feb 03, 2023 Sumitomo Chemical India Limited announced that they will report Q3, 2023 results on Feb 03, 2023 Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Additional Non Executive Non-Independent Director Masanori Uzawa was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Additional Non Executive Non-Independent Director Masanori Uzawa was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 30
Second quarter 2023 earnings released: EPS: ₹4.04 (vs ₹3.09 in 2Q 2022) Second quarter 2023 results: EPS: ₹4.04 (up from ₹3.09 in 2Q 2022). Revenue: ₹11.2b (up 23% from 2Q 2022). Net income: ₹2.01b (up 31% from 2Q 2022). Profit margin: 18% (up from 17% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Chemicals industry in India. Announcement • Oct 07
Sumitomo Chemical India Limited to Report Q2, 2023 Results on Oct 28, 2022 Sumitomo Chemical India Limited announced that they will report Q2, 2023 results on Oct 28, 2022 Board Change • Oct 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Additional Non Executive Non-Independent Director Masanori Uzawa was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 10
First quarter 2023 earnings released: EPS: ₹2.77 (vs ₹2.12 in 1Q 2022) First quarter 2023 results: EPS: ₹2.77 (up from ₹2.12 in 1Q 2022). Revenue: ₹9.90b (up 27% from 1Q 2022). Net income: ₹1.38b (up 31% from 1Q 2022). Profit margin: 14% (in line with 1Q 2022). Over the next year, revenue is forecast to grow 11%, compared to a 15% growth forecast for the industry in India. Announcement • Jul 19
Sumitomo Chemical India Limited to Report Q1, 2023 Results on Aug 09, 2022 Sumitomo Chemical India Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Aug 09, 2022 Upcoming Dividend • Jul 14
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 21 July 2022. Payment date: 28 August 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.8%). Lower than average of industry peers (0.8%). Announcement • Jul 05
Sumitomo Chemical India Limited Announces Payment of Dividend for fiscal year 2021-22 Sumitomo Chemical India Limited announced that the payment of dividend at the rate of INR 1.00 per share. Record date is July 22, 2022. Announcement • Jun 30
Sumitomo Chemical India Limited, Annual General Meeting, Jul 29, 2022 Sumitomo Chemical India Limited, Annual General Meeting, Jul 29, 2022, at 14:30 Indian Standard Time. Agenda: To receive, consider and adopt the audited financial statements of the Company for the financial year ended 31st March, 2022 together with the Reports of the Board of Directors and Auditors thereon; to consider and declare a dividend on equity shares; to consider and appoint a director in place of Mr. Hiroyoshi Mukai, who retires by rotation and, being eligible, offers himself for re-appointment; to consider and appoint a director in place of Mr. Ninad D. Gupte, who retires by rotation and, being eligible, offers himself for re-appointment; and to consider other matter also. Reported Earnings • Jun 30
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₹8.49 (up from ₹6.92 in FY 2021). Revenue: ₹30.6b (up 16% from FY 2021). Net income: ₹4.24b (up 23% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 4.0%. Reported Earnings • May 29
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₹8.49 (up from ₹6.92 in FY 2021). Revenue: ₹30.9b (up 17% from FY 2021). Net income: ₹4.24b (up 23% from FY 2021). Profit margin: 14% (in line with FY 2021). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 4.0%. Over the next year, revenue is forecast to grow 10%, compared to a 17% growth forecast for the industry in India. Announcement • May 28
Sumitomo Chemical India Limited Proposes Dividend for the Fiscal Year 2021-22, Payable on 2 August, 2022 Sumitomo Chemical India Limited at the meeting of the Board of Directors held on 27th May, 2022, the Board of Directors has declared dividend for the fiscal year 2021-22 of INR 1 per equity share on 499,145,736 equity shares of INR 10 each which is subject to the approval of the members in the Annual General Meeting and will be paid on or after 2nd August, 2022. Price Target Changed • May 14
Price target increased to ₹471 Up from ₹425, the current price target is an average from 5 analysts. New target price is 13% above last closing price of ₹415. Stock is up 37% over the past year. The company is forecast to post earnings per share of ₹8.84 for next year compared to ₹6.92 last year. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Executive Director Sushil Marfatia is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Apr 07
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Executive Director Sushil Marfatia is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 05
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: ₹1.78 (up from ₹1.08 in 3Q 2021). Revenue: ₹7.13b (up 27% from 3Q 2021). Net income: ₹889.3m (up 64% from 3Q 2021). Profit margin: 13% (up from 9.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Over the next year, revenue is forecast to grow 13%, compared to a 21% growth forecast for the industry in India. Price Target Changed • Aug 08
Price target increased to ₹380 Up from ₹347, the current price target is an average from 6 analysts. New target price is 11% below last closing price of ₹427. Stock is up 49% over the past year. Upcoming Dividend • Jul 16
Upcoming dividend of ₹0.80 per share Eligible shareholders must have bought the stock before 22 July 2021. Payment date: 29 August 2021. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 15% share price gain to ₹435, the stock trades at a forward P/E ratio of 55x. Average forward P/E is 33x in the Chemicals industry in India. Total returns to shareholders of 58% over the past year. Reported Earnings • Jul 04
Full year 2021 earnings released: EPS ₹6.92 (vs ₹4.10 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹26.4b (up 9.1% from FY 2020). Net income: ₹3.45b (up 69% from FY 2020). Profit margin: 13% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₹378, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 32x in the Chemicals industry in India. Total returns to shareholders of 43% over the past year. Reported Earnings • Jun 01
Full year 2021 earnings released: EPS ₹6.92 (vs ₹4.10 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹26.6b (up 9.8% from FY 2020). Net income: ₹3.45b (up 69% from FY 2020). Profit margin: 13% (up from 8.4% in FY 2020). The increase in margin was driven by higher revenue. Announcement • May 29
Sumitomo Chemical India Limited Declares Dividend for the Full Year 2020-21 Meeting of the Board of Directors of the Sumitomo Chemical India Limited held on 28th May, 2021, the Board of Directors has declared dividend for the Ffscal year 2020-21 of INR 0.80 per equity share on 49,91,45,736 equity shares of 10/- each which is subject to the approval of the members in the Annual General Meeting and will be paid on or after 4th August, 2021 subject to the approval of the Members. Is New 90 Day High Low • Mar 08
New 90-day low: ₹291 The company is down 6.0% from its price of ₹308 on 08 December 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹81.11 per share. Price Target Changed • Feb 21
Price target raised to ₹323 Up from ₹299, the current price target is an average from 7 analysts. The new target price is 8.0% above the current share price of ₹299. As of last close, the stock is up 20% over the past year. Reported Earnings • Feb 07
Third quarter 2021 earnings released: EPS ₹1.08 (vs ₹0.014 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹5.61b (up 7.2% from 3Q 2020). Net income: ₹541.5m (up ₹534.7m from 3Q 2020). Profit margin: 9.7% (up from 0.1% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Analyst Estimate Surprise Post Earnings • Feb 07
Revenue and earnings miss expectations Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) also missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 16%, compared to a 20% growth forecast for the Chemicals industry in India. Announcement • Jan 12
Sumitomo Chemical India Limited to Report Q3, 2021 Results on Feb 05, 2021 Sumitomo Chemical India Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹327 The company is up 12% from its price of ₹293 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹41.76 per share. Is New 90 Day High Low • Dec 04
New 90-day high: ₹308 The company is up 13% from its price of ₹272 on 04 September 2020. The Indian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹38.12 per share. Analyst Estimate Surprise Post Earnings • Nov 10
Revenue and earnings miss expectations Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 15%, compared to a 18% growth forecast for the Chemicals industry in India. Reported Earnings • Nov 10
Second quarter 2021 earnings released: EPS ₹3.16 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹9.02b (up 73% from 2Q 2020). Net income: ₹1.58b (up ₹1.57b from 2Q 2020). Profit margin: 18% (up from 0.1% in 2Q 2020). The increase in margin was driven by higher revenue. Announcement • Jul 30
Sumitomo Chemical India Limited to Report Q1, 2021 Results on Aug 06, 2020 Sumitomo Chemical India Limited announced that they will report Q1, 2021 results on Aug 06, 2020 
