BASF India (NSEI:BASF) - Share price, News & Analysis

BASF fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	3/6

BASF Stock Overview

BASF India Limited provides chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions in India.

Rewards

Price-To-Earnings ratio (18x) is below the Indian market (19.5x)

Earnings have grown 44% per year over the past 5 years

Risk Analysis

No risks detected for BASF from our risk checks.

BASF India Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BASF India
Historical stock prices
Current Share Price	₹2,471.35
52 Week High	₹3,930.00
52 Week Low	₹2,351.00
Beta	0.24
1 Month Change	0.65%
3 Month Change	-15.32%
1 Year Change	-3.70%
3 Year Change	86.69%
5 Year Change	49.64%
Change since IPO	697.21%

Recent News & Updates

May 07

We Like BASF India's (NSE:BASF) Returns And Here's How They're Trending

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

	BASF	IN Chemicals	IN Market
7D	-2.2%	-3.9%	-3.1%
1Y	-3.7%	-3.8%	-2.5%

Return vs Industry: BASF matched the Indian Chemicals industry which returned -3.8% over the past year.

Return vs Market: BASF underperformed the Indian Market which returned -2.5% over the past year.

Price Volatility

Is BASF's price volatile compared to industry and market?
BASF volatility
BASF Average Weekly Movement	5.3%
Chemicals Industry Average Movement	6.8%
Market Average Movement	6.9%
10% most volatile stocks in IN Market	9.8%
10% least volatile stocks in IN Market	4.5%

Stable Share Price: BASF is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BASF's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1943	1,315	Narayan Krishnamohan	https://www.basf.com/in

BASF India Limited provides chemicals, materials, industrial solutions, surface technologies, nutrition and care, and agricultural solutions in India. Its Agricultural Solutions segment provides crop protection products, such as insecticides, herbicides, fungicides, and plant growth regulators. The company’s Chemicals segment provides petrochemicals, such as oxo-alcohols, acrylic acid, acrylic monomers, and plasticizers; and intermediate chemicals for pharmaceuticals, agrochemicals, coatings, food and feed, flavor and fragrance, surfactants, rubber chemicals, textiles, personal care, adhesives, dyes, etc. Its Materials segment offers performance chemicals, such as polyurethane, engineering, and specialty plastics; and monomers comprising basic raw materials for polyurethanes, inorganics and polyamides, as well as its precursors.

BASF India Fundamentals Summary

How do BASF India's earnings and revenue compare to its market cap?
BASF fundamental statistics
Market Cap	₹106.93b
Earnings (TTM)	₹5.95b
Revenue (TTM)	₹131.00b

18.0x

P/E Ratio

0.8x

P/S Ratio

Is BASF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BASF income statement (TTM)
Revenue	₹131.00b
Cost of Revenue	₹108.60b
Gross Profit	₹22.40b
Other Expenses	₹16.45b
Earnings	₹5.95b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	137.42
Gross Margin	17.10%
Net Profit Margin	4.54%
Debt/Equity Ratio	0%

How did BASF perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

4%

Payout Ratio

Does BASF pay a reliable dividends?

See BASF dividend history and benchmarks

When do you need to buy BASF by to receive an upcoming dividend?
BASF India dividend dates
Ex Dividend Date	Jul 21 2022
Dividend Pay Date	Sep 02 2022
Days until Ex dividend	27 days
Days until Dividend pay date	70 days

Does BASF pay a reliable dividends?

See BASF dividend history and benchmarks

We’ve recently updated our valuation analysis.

Valuation

Is BASF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BASF?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for BASF. This is calculated by dividing BASF's market cap by their current preferred multiple.
What is BASF's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₹106.93b

BASF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.8x
Enterprise Value/EBITDA	11.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BASF's PE Ratio compare to its peers?

BASF PE Ratio vs Peers

The above table shows the PE ratio for BASF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	27.5x

Forward PE

Price-To-Earnings vs Peers: BASF is good value based on its Price-To-Earnings Ratio (18x) compared to the peer average (27.5x).

Price to Earnings Ratio vs Industry

How does BASF's PE Ratio compare vs other companies in the Indian Chemicals Industry?

Price-To-Earnings vs Industry: BASF is expensive based on its Price-To-Earnings Ratio (18x) compared to the Indian Chemicals industry average (16.2x)

Price to Earnings Ratio vs Fair Ratio

What is BASF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BASF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BASF's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of BASF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BASF (₹2471.35) is trading above our estimate of fair value (₹354.96)

Significantly Below Fair Value: BASF is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BASF's PEG Ratio to determine if it is good value.

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Future Growth

How is BASF India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

17.6%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as BASF India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

Examine BASF India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
BASF India competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has BASF India performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

44.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BASF has high quality earnings.

Growing Profit Margin: BASF's current net profit margins (4.5%) are lower than last year (5.8%).

Past Earnings Growth Analysis

Earnings Trend: BASF has become profitable over the past 5 years, growing earnings by 44% per year.

Accelerating Growth: BASF's earnings growth over the past year (7.6%) is below its 5-year average (44% per year).

Earnings vs Industry: BASF earnings growth over the past year (7.6%) underperformed the Chemicals industry 29.6%.

Return on Equity

High ROE: BASF's Return on Equity (25.5%) is considered high.

Discover strong past performing companies

Financial Health

How is BASF India's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: BASF's short term assets (₹49.7B) exceed its short term liabilities (₹36.3B).

Long Term Liabilities: BASF's short term assets (₹49.7B) exceed its long term liabilities (₹1.4B).

Debt to Equity History and Analysis

Debt Level: BASF is debt free.

Reducing Debt: BASF has no debt compared to 5 years ago when its debt to equity ratio was 115.4%.

Debt Coverage: BASF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BASF has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is BASF India current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.24%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: BASF's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: BASF's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.92%).

Stability and Growth of Payments

Stable Dividend: BASF's dividend payments have been volatile in the past 10 years.

Growing Dividend: BASF's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (4.4%), BASF's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13%), BASF's dividend payments are thoroughly covered by cash flows.

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Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure

CEO

Narayan Krishnamohan

3.17yrs

Tenure

₹47,467,784

Compensation

Mr. Narayan Krishnamohan serves as a Managing Director at BASF India Limited since April 1, 2019. He has been Senior Vice President of Intermediates at BASF SE since June 2015 and served as its Vice Presid...

CEO Compensation Analysis

Compensation vs Market: Narayan's total compensation ($USD606.80K) is above average for companies of similar size in the Indian market ($USD461.75K).

Compensation vs Earnings: Narayan's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: BASF's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Experienced Board: BASF's board of directors are considered experienced (3.6 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/06/23 00:00
End of Day Share Price	2022/06/23 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31