Sector Alpha Week of 2026-07-24
Sector Alpha — machine-written from the numbers · Data as of 2026-07-24

Sumitomo Chemical India Ltd

SUMICHEM
Pesticides/Agrochemicals

Sumitomo Chemical India Ltd's earnings have outrun its stock. EPS grew +7.4% in a year against a −11.2% price move.

Biggest watch item: margins are the best this company has ever printed — every ratio flatters at record profitability, so the whole story leans on margins holding.

The price is building a base (6 weeks in) while the P/E sits at the 44th percentile of its own 6-year range. Underneath, the last four quarters read improving — profit +11.0% year on year, and 117% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.

Stage
Topping out
partial read
Price
₹539
−11.2% 1Y
P/E
50.9×
44th pctile
of its own 6-year range
Revenue (Mar 26)
₹684 Cr
+0.7% YoY
Profit (Mar 26)
₹111 Cr
+11.0% YoY
Operating margin
20.0%
+2.0 pp YoY
ROCE
22%
FY26
ROIC
21.3%
vs WACC 12.0% → +9.3 pp
Cash conversion
117%
of profit, last 3 FY
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Sumitomo Chemical India Ltd trades at ₹539, building a base and 6 weeks into that stage. That is +16.0% against its own 200-day average. It sits at 72% of a 52-week range of ₹375 to ₹602. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks.

Today the stock is building a base — week 6 of stage 1. At ₹539 it trades +16.0% versus its 200-day average and sits at 72% of its 52-week range (₹375–₹602).

Jul 26: ₹539 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 3-year window.
+16.0% versus the 200-day line, week 6 of stage 1
Price50-day avg200-day avg
S4S2S2S4₹654₹570₹487₹404₹321₹539₹464Jul 23Apr 24Jan 25Oct 25Jul 26
S4S2S2S4₹654₹570₹487₹404₹321₹539₹464Jul 23Jan 25Jul 26
Beating or trailing, week by week since 2020 Each cell is one week from 2020 to now (341 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Feb 20Jul 26

Against the market, two honest reads. Cumulative: over the last 6.5 years the stock moved +133% while the NIFTY 500 moved +135% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 2 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 44th percentile of its own range.

02 · Valuation

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Sumitomo Chemical India Ltd trades at 50.9× P/E, mid-range by its own standards (44th percentile). Its long-run median P/E is 51.7×, measured across 6.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 50.9× is mid-range by its own standards (44th percentile), against a long-run median of 51.7× measured over 6.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.

P/E 50.9× vs a 51.7× long-run median P/E, weekly (left axis); earnings per share, trailing twelve months, weekly (right axis). 6.1-year window; loss-period spikes above 67× shown pinned at the top. The eps (ttm) bars are red where the reading is lower than the quarter before.
mid-range by its own standards (44th percentile)
P/EMedianEPS (TTM) (quarterly)
69.0×₹12.159.9×₹9.050.9×₹6.041.8×₹3.032.7×₹0.0×50.90×₹10Jun 20Dec 21Jul 23Feb 25Jul 26
69.0×₹12.159.9×₹9.050.9×₹6.041.8×₹3.032.7×₹0.0×50.90×₹10Jun 20Jul 23Jul 26
PEG 2.08 PEG ratio per quarter — the P/E divided by the earnings-growth rate. The dashed line marks 1.0: below it the growth is cheap against the multiple, above it the price already prices the growth in. Last 20 quarters; values above 6 pinned at the top.
above 1.0, the multiple already banks the growth
PEGPEG = 1.0
6.4×5.0×3.5×2.0×0.6××2.08×Q1 FY22Q1 FY23Q2 FY24Q3 FY25Q4 FY26
6.4×5.0×3.5×2.0×0.6××2.08×Q1 FY22Q2 FY24Q4 FY26
P/E
50.9×
44th percentile of 6y
PEG
3.23
as reported

Why the multiple sits where it does: over the past year annual EPS moved +7.4% against a −11.2% price move — earnings outran the price, pushing the multiple DOWN its own range.

The price move, decomposed: over 5y, of the +4.2%/yr price move, ~+8.5%/yr came from earnings growth and ~−4.3 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.

03 · Stage: Topping out

Stage: Topping out Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Sumitomo Chemical India Ltd reads as topping out on its fundamental arc. Topping out — profit and EPS growth have decelerated hard (profit growth +37.0% at its peak → +7.1% latest) while ROCE still reads 22.0%. The read is built from 12 quarters across 4 curves, on partial evidence.

Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
16%63%6.7%37%−3.0%11%−13%−15%−23%−41%%%2.9%7.1%7.4%Jun 23Sep 24Mar 26
16%63%6.7%37%−3.0%11%−13%−15%−23%−41%%%2.9%7.1%7.4%Jun 23Sep 24Mar 26
ROCE Annual readings — the quarterly balance-sheet pieces this curve needs are not held for this stock, so the returns read moves once a year and carries less weight in the call.
the return curve, annual readings
ROCE
30%27%25%22%19%%22%FY23FY24FY26
30%27%25%22%19%%22%FY23FY24FY26
Revenue growth
Flat
latest +2.9% · span −19.9% to +13.8%
Profit growth
Rolling over
latest +7.1% · span −34.1% to +55.7%
EPS growth
Rolling over
latest +7.4% · span −34.2% to +55.1%
ROCE
Falling
latest 22.0% · span 20.0%–29.0%

Why it matters: decelerating from a peak is where good stories quietly end — the multiple usually notices late.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

Growth, year by year: revenue +2.8% in FY26, profit +7.3% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
19%76%9.0%49%−1.3%21%−12%−6.4%−22%−34%%%2.8%7.3%FY18FY22FY26
19%76%9.0%49%−1.3%21%−12%−6.4%−22%−34%%%2.8%7.3%FY18FY22FY26
TTM growth by quarter Trailing-twelve-month growth versus the year-ago TTM, per quarter, %: revenue (left axis); profit and EPS (right axis). The acceleration read compares the last 4 quarters (+2.9%) with the last 8 annualized (+6.7%).
revenue rolling over, profit rolling over
Revenue TTM YoYProfit TTM YoYEPS TTM YoY
16%63%6.7%37%−3.0%11%−13%−15%−23%−41%%%2.9%7.1%Jun 23Sep 24Mar 26
16%63%6.7%37%−3.0%11%−13%−15%−23%−41%%%2.9%7.1%Jun 23Sep 24Mar 26
Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+2.8%−2.7%+4.1%
Profit+7.3%+2.7%+9.5%
EPS+7.4%+2.6%+9.5%
Share price−11.2%+8.9%+4.2%
Revenue YoY (Mar 26)
+0.7%
latest quarter vs a year ago
Profit YoY (Mar 26)
+11.0%
latest quarter vs a year ago
Revenue 10y
6.8%
long-run compound pace

→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.

04 · 4-Factor Sector Score

4-Factor Sector Score

47.6/100 — rank 16 of 24 in Pesticides/Agrochemicals · 87% evidence confidence

Sumitomo Chemical India Ltd scores 47.6 out of 100 against the 24 companies it is compared with in Pesticides/Agrochemicals, ranking 16. Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.

The four contributions add to the total exactly: 14.5 + 18.9 + 4 + 10.2 = 47.6. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

05 · Revenue

Revenue Revenue is the top line: everything the company billed its customers in the period.

Sumitomo Chemical India Ltd reported ₹684 Cr of revenue in the Mar 26 quarter, +0.7% year on year. Over 8 years it has compounded at 6.8% a year. The last full year, FY26, came in at ₹3,238 Cr. The last four reported quarters add to ₹3,239 Cr.

Sumitomo Chemical India Ltd reported ₹684 Cr of revenue in the Mar 26 quarter, +0.7% year on year. Over 8 years it has compounded at 6.8% a year. The last full year, FY26, came in at ₹3,238 Cr. The last four reported quarters add to ₹3,239 Cr.

FY26 revenue came in at ₹3,238 Cr (+2.8% on the year), capping 8 years at 6.8% compound. The latest quarter (Mar 26) printed ₹684 Cr, +0.7% year on year.

FY26 revenue ₹3,238 Cr (+2.8% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 9-year window. A bar is red when it is lower than the year before.
6.8% a year over 8 years
RevenueYoY growth
3.8k19%2.8k9.0%1.9k−1.3%948−12%0−22%₹ Cr%₹3,2382.8%FY18FY22FY26
3.8k19%2.8k9.0%1.9k−1.3%948−12%0−22%₹ Cr%₹3,2382.8%FY18FY22FY26
Mar 26: ₹684 Cr (+0.7% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Revenue (quarterly)YoY growth
1.1k30%85615%571−1.0%285−17%0−32%₹ Cr%₹6840.7%Jun 23Sep 24Mar 26
1.1k30%85615%571−1.0%285−17%0−32%₹ Cr%₹6840.7%Jun 23Sep 24Mar 26

Pace check: the last four quarters averaged +2.3% growth against the decade's 6.8% — the current year is running slower than its own long-run rate.

Acceleration check: trailing-twelve-month revenue grew +2.9% over the last 4 quarters against +6.7%/yr over the last 8 — rolling over; TTM profit +7.1% vs +21.1%/yr — rolling over.

→ Revenue grew — did margins hold as it scaled? Next: 20.0% this quarter (+2.0 pp YoY).

06 · Operating margin

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Sumitomo Chemical India Ltd's operating margin is 20.0% in the Mar 26 quarter, +2.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 9 fiscal years the operating margin has ranged 11.0% to 21.0%. The current quarter sits inside that band.

Sumitomo Chemical India Ltd's operating margin is 20.0% in the Mar 26 quarter, +2.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 9 fiscal years the operating margin has ranged 11.0% to 21.0%. The current quarter sits inside that band.

The latest quarter's operating margin is 20.0%, +2.0 pp against the same quarter a year ago. Across 9 fiscal years the operating margin has ranged 11.0%–21.0%, and FY26's 21.0% is the top of that band — a record year.

Why the margin moved: operating margin went +2.0 pp year on year while gross margin went +2.2 pp — the gain came mostly from the gross line: input costs and pricing.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

FY26: 21.0% Operating margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 9-year window.
the widest a 11.0–21.0% band over 9 years
operating marginYoY change (pp)
22%4.5%19%2.7%16%1.0%13%−0.7%10%−2.5%%%21%1%FY18FY22FY26
22%4.5%19%2.7%16%1.0%13%−0.7%10%−2.5%%%21%1%FY18FY22FY26
Mar 26: 20.0% operating margin (+2.0 pp YoY) Quarterly operating margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Operating profit as a share of revenue, per quarter.
Operating marginYoY change (pp)
26%10%22%6.3%18%2.5%14%−1.3%9.9%−5.0%%%20%2%Jun 23Sep 24Mar 26
26%10%22%6.3%18%2.5%14%−1.3%9.9%−5.0%%%20%2%Jun 23Sep 24Mar 26

→ Margins held — did that reach the bottom line? Next: profit +11.0% in the latest quarter.

07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Sumitomo Chemical India Ltd earned ₹111 Cr of net profit in the Mar 26 quarter, +11.0% year on year. Full-year FY26 profit was ₹543 Cr. The 8-year compound rate is 17.9%. That is 16.2% of the quarter's revenue. The same quarter a year earlier earned ₹100 Cr.

Sumitomo Chemical India Ltd earned ₹111 Cr of net profit in the Mar 26 quarter, +11.0% year on year. Full-year FY26 profit was ₹543 Cr. The 8-year compound rate is 17.9%. That is 16.2% of the quarter's revenue. The same quarter a year earlier earned ₹100 Cr.

Mar 26 profit was ₹111 Cr, +11.0% year on year. On the full year, FY26 printed ₹543 Cr (+7.3%), and the 8-year compound rate is 17.9%.

FY26 profit ₹543 Cr (+7.3% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 9-year window. A bar is red when it is lower than the year before.
17.9% a year over 8 years
Net profitYoY growth
58676%44048%29321%147−6.4%0−34%₹ Cr%₹5437.3%FY18FY22FY26
58676%44048%29321%147−6.4%0−34%₹ Cr%₹5437.3%FY18FY22FY26
Mar 26: ₹111 Cr (+11.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
208118%15671%10425%52−22%0−68%₹ Cr%₹11111%Jun 23Sep 24Mar 26
208118%15671%10425%52−22%0−68%₹ Cr%₹11111%Jun 23Sep 24Mar 26

Why profit moved: revenue contributed +0.7% and the margin +2.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.

Pace comparison, last four quarters: profit +7.7% vs revenue +2.3%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

→ Profit rose — but did the cash follow? Next: 117% of the last 3 years' profit arrived as cash.

08 · Cash flow — the router

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 117% of Sumitomo Chemical India Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹446 Cr of operating cash against ₹543 Cr of profit. After ₹79.0 Cr of capital spending, ₹367 Cr was left as free cash.

FY26: operating cash of ₹446 Cr against reported profit of ₹543 Cr, leaving free cash of ₹367 Cr after ₹79.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 117% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

FY26: CFO ₹446 Cr vs profit ₹543 Cr Operating cash flow and net profit by fiscal year, ₹ Cr; the line is free cash flow (CFO minus capital spending). 9-year window, annual resolution.
117% of 3-year profit arrived as cash
Operating cashNet profitFree cash
8186134092040₹ Cr₹446₹543₹367FY18FY22FY26
8186134092040₹ Cr₹446₹543₹367FY18FY22FY26
FY26: CFO = 82% of profit (three-year rate 117%) Operating cash as a share of net profit, per fiscal year, % (line). Dashed line = 100% — every unit of profit arriving as cash.
Conversion100%
219%169%119%68%18%%82%FY18FY22FY26
219%169%119%68%18%%82%FY18FY22FY26

Why conversion sits at 117%: the cash cycle held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle.

Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.

→ So follow the cash to where it goes. Next: a 163-day cycle and ₹290 Cr of building.

09 · Where the cash goes

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Sumitomo Chemical India Ltd's cash conversion cycle runs 163 days in FY26, up from 157 days in FY21. Capital spending ran ₹290 Cr over the last 3 years. At FY26 sales of ₹3,238 Cr each day of that cycle holds about ₹8.9 Cr, so roughly ₹1,446 Cr sits inside the business at any moment.

FY26: debtors at 83 days, inventory at 166 days — roughly 5.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 163 days, looser than FY21's 157.

The full loop: cash goes out to suppliers and production on day 0; stock waits 166 days to sell; customers pay about 83 days after that; and suppliers themselves are paid at 86 days — netting out to the 163-day cycle.

In money terms: at FY26 sales of ₹3,238 Cr, each day of the cycle holds about ₹8.9 Cr — so the 163-day loop keeps roughly ₹1,446 Cr sitting inside the business at any moment.

FY26: a 163-day cash cycle Debtor days, inventory days, payable days and the cash conversion cycle by fiscal year. 9-year window.
+6 days vs FY21
Cash cycleInventory daysDebtor daysPayable days
21317814310873days163d166d83d86dFY18FY20FY22FY24FY26
21317814310873days163d166d83d86dFY18FY22FY26

On the investment side: capital spending of ₹290 Cr over the last 3 fiscal years against ₹194 Cr of depreciation — building somewhat ahead of wear-and-tear. Capital work-in-progress stands at ₹20.0 Cr (FY26) — capacity paid for but not yet earning.

FY26: capex ₹79.0 Cr, work-in-progress ₹20.0 Cr Capital spending per fiscal year, ₹ Cr (bars); capital work-in-progress, ₹ Cr (line). Quarterly capital-spending history is not held for India — annual is the honest resolution.
steady investment
CapexWork-in-progress
15911979400₹ Cr₹79₹20FY19FY20FY22FY24FY26
15911979400₹ Cr₹79₹20FY19FY22FY26

The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.

→ Does all this activity actually earn its cost of capital? Next: ROCE is 22% and the ROIC − WACC spread is +9.3 pp.

10 · Return on capital

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Sumitomo Chemical India Ltd earns a ROCE of 22% in FY26. That is up from a trough of 20% in FY24. Return on invested capital clears the cost of that capital by +9.3 percentage points, so growth here adds value rather than only size. The wiring behind it is 16.8% net margin on 0.72× asset turns.

FY26 ROCE is 22%, recovered from a FY24 trough of 20% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 16.8% net margin × 0.72× asset turns × 1.32× balance-sheet leverage ≈ 16.0% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

The capstone test — ROIC − WACC: 21.3% − 12.0% = a +9.3 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.

FY26: ROCE 22% Return on capital employed by fiscal year, % (line); ROIC by fiscal year, % (line). 8-year window, dips included. Dashed line = the 12.0% cost of capital used on this page.
the climb back from FY24's 20%
ROCEROIC (annual)WACC
35%29%23%17%10%%22%23.4%FY19FY22FY26
35%29%23%17%10%%22%23.4%FY19FY22FY26
Q4 FY26: ROCE 17.3% (TTM) vs WACC 12.0% Trailing-twelve-month ROCE and ROIC, per quarter, %; dashed line = the cost of capital. Last 12 quarters, put on a trailing-twelve-month basis and anchored to the annual figure.
ROCE (TTM)ROIC (TTM)WACC
33%27%22%16%10%%17.3%27%Q1 FY24Q2 FY25Q4 FY26
33%27%22%16%10%%17.3%27%Q1 FY24Q2 FY25Q4 FY26

→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.02.

11 · Debt

Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.

Sumitomo Chemical India Ltd carries total debt of ₹63.0 Cr against shareholder equity of ₹3,394 Cr as of Mar 26, a debt-to-equity of 0.02 — effectively unlevered. On the annual view that ratio went from 0.02 in FY22 to 0.02 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.

Mar 26: total debt of ₹63.0 Cr against shareholder equity of ₹3,394 Cr — a debt-to-equity of 0.02. On the annual view, debt-to-equity went from 0.02 (FY22) to 0.02 (FY26). The returns on this page are earned, not borrowed.

FY26: debt ₹63.0 Cr at 0.02× equity Total debt by fiscal year, ₹ Cr (bars); debt-to-equity, × (line). 5-year window.
Total debtDebt-to-equity
680.021×510.018×340.015×170.012×00.009×₹ Cr×₹630.02×FY22FY24FY26
680.021×510.018×340.015×170.012×00.009×₹ Cr×₹630.02×FY22FY24FY26
Mar 26: debt ₹63.0 Cr, debt-to-equity 0.02 Total debt per quarter, ₹ Cr (bars); debt-to-equity, × (line). Last 12 quarters. India reports the full balance sheet half-yearly, so the intervening quarter carries the prior reading forward.
Total debt (quarterly)Debt-to-equity
680.021×510.018×340.015×170.012×00.009×₹ Cr×₹630.02×Jun 23Sep 24Mar 26
680.021×510.018×340.015×170.012×00.009×₹ Cr×₹630.02×Jun 23Sep 24Mar 26

→ Who owns this, and are they adding or leaving? Next: Domestic institutions added 2.2 points over 8 quarters.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

Domestic institutions added 2.2 points of Sumitomo Chemical India Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 9.3% of the company. Promoters moved +0.0 points over the same window, to 75.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — Domestic institutions: +2.2 points over 8 quarters to 9.3%; Promoters: +0.0 points over 8 quarters to 75.0%; Foreign institutions: +0.0 points over 8 quarters to 3.0%.

Why the register moved: domestic institutions drove it (+2.2 points) — steady accumulation by institutions reading the same numbers this page reads.

Fiscal-year ends: promoters +0.0 pts from Mar 24 to Mar 26 Shareholding at each fiscal-year end (March quarter), % of the company. 3 year-ends held.
PromotersForeign inst.Domestic inst.Public
81%60%39%18%−3.0%%75%3.4%9.0%12.6%Mar 24Mar 25Mar 26
81%60%39%18%−3.0%%75%3.4%9.0%12.6%Mar 24Mar 25Mar 26
Domestic institutions added 2.2 points over 8 quarters Shareholding by holder class, % of the company, quarterly, last 13 quarters.
PromotersForeign inst.Domestic inst.Public
81%60%39%18%−3.3%%75%3.0%9.3%12.7%Jun 23Dec 24Jun 26
81%60%39%18%−3.3%%75%3.0%9.3%12.7%Jun 23Dec 24Jun 26

→ One last check: does the safety math agree? Next: the balance-sheet safety line.

13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Sumitomo Chemical India Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

Related companies · same sector · Pesticides/Agrochemicals Every company is compared on the shape of its own curves, not static ratios. The Revenue, EPS and ROCE columns each draw that company's last 12 quarters as a mini line of the ACTUAL level (trailing-twelve-month revenue and EPS, and the ROCE itself) — so a line that climbs is a business getting bigger, a line that sinks is one shrinking. The colour tracks the same line: green when it is rising or steadily healthy, amber when it is rolling over from a high (still elevated but turning down), red when it is falling, grey when flat or stuck. Colour and direction always agree — a green line never points down. The ROCE curve is the return on capital (annual readings for peers, so a slightly coarser line than the quarterly one at the top of this page). The Stage column then runs the same 12-quarter trajectory classifier used at the top of the page on each company and names where it sits. What lands a company in each bucket: CONSISTENT — growth stays positive across the window and returns are healthy (ROCE ≥ 15%, or ROE ≥ 12% for lenders); IMPROVING — profit or EPS fell into real decline, bottomed a few quarters back, and has climbed back to positive and held there; TURNING AROUND — the same kind of trough but more recent, with the latest quarters just lifting off it (an early, unconfirmed turn); TOPPING OUT — growth is still positive but decelerating hard from its own peak while returns have stopped rising; DETERIORATING — two or more growth curves are shrinking (latest below zero) and staying there, not one soft quarter; MIXED — the curves genuinely disagree, or no clean majority, so no single word fits; NO READ — fewer than eight usable quarters. It is a like-for-like read of every company against its own past, not a ranking against the group.
CompanyP/EMkt capRevenueEPSROCEStage
Sumitomo Chemical India Ltd this page50.9×₹25,978 CrMixed
UPL Ltd28.2×₹50,841 CrNo read
P I Industries Ltd34.5×₹41,437 CrDeteriorating
Bayer CropScience Ltd385.0×₹18,954 Cr
Jubilant Ingrevia Ltd36.3×₹11,557 CrMixed
Sharda Cropchem Ltd12.1×₹7,876 CrMixed
Epigral Ltd15.2×₹5,016 CrMixed
NACL Industries Ltd178.0×₹4,610 CrNo read
Dhanuka Agritech Ltd15.5×₹4,517 CrTopping out
Rallis India Ltd26.9×₹4,253 CrMixed
Bhagiradha Chemicals & Industries Ltd188.0×₹3,416 CrImproving
GSP Crop Science Ltd24.4×₹2,468 Cr
Bharat Rasayan Ltd13.1×₹2,096 CrMixed
Insecticides India Ltd12.9×₹1,793 CrMixed
India Pesticides Ltd14.4×₹1,727 CrMixed
Titan Biotech Ltd57.5×₹1,719 CrTurning around
Astec Lifesciences Ltd₹1,469 CrNo read
Meghmani Organics Ltd48.2×₹1,385 CrNo read
Punjab Chemicals & Crop Protection Ltd21.0×₹1,375 CrMixed
Excel Industries Ltd15.5×₹1,172 CrMixed
Titan Biotech Ltd42.0×₹1,141 CrTurning around
Dharmaj Crop Guard Ltd16.1×₹882 CrNo read
Advance Agrolife Ltd20.0×₹706 CrNo read
Heranba Industries Ltd₹700 CrNo read
Best Agrolife Ltd60.6×₹538 CrNo read
12 · Frequently asked questions

Frequently asked questions

What is Sumitomo Chemical India Ltd's share price today?

Sumitomo Chemical India Ltd trades at ₹539, −11.2% over the past year. The company is valued at ₹25,978 Cr. The stock sits at 72% of its 52-week range of ₹375–₹602, +16.0% versus its 200-day average. On the tape, the price is building a base, 6 weeks in. — as of 24 July 2026.

What were Sumitomo Chemical India Ltd's latest quarterly results?

Sumitomo Chemical India Ltd reported revenue of ₹684 Cr and net profit of ₹111 Cr for the Mar 26 quarter. Revenue rose 0.7% and profit rose 11.0% year on year. Earnings per share were ₹2.23. The operating margin was 20.0%, 2.0 pp higher than a year earlier. — as of 24 July 2026.

What is Sumitomo Chemical India Ltd's revenue?

Sumitomo Chemical India Ltd reported revenue of ₹684 Cr in the Mar 26 quarter, +0.7% year on year. For the full FY26 fiscal year, revenue was ₹3,238 Cr (+2.8%). Over the last 8 years revenue compounded at 6.8% a year. — as of 24 July 2026.

What is Sumitomo Chemical India Ltd's profit?

Sumitomo Chemical India Ltd earned ₹111 Cr of net profit in the Mar 26 quarter, +11.0% year on year. Full-year FY26 profit was ₹543 Cr. The operating margin ran 20.0% in the latest quarter. — as of 24 July 2026.

What is Sumitomo Chemical India Ltd's market cap?

Sumitomo Chemical India Ltd's market capitalisation is ₹25,978 Cr at a share price of ₹539. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.

What is Sumitomo Chemical India Ltd's P/E ratio?

Sumitomo Chemical India Ltd trades at a P/E of 50.9×, at the 44th percentile of its own 6-year range, against a long-run median of 51.7×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.

Does Sumitomo Chemical India Ltd pay a dividend?

Yes — Sumitomo Chemical India Ltd's dividend payout was 12% of profit in FY26, and it recorded a payout in 8 of its last 9 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.

Is Sumitomo Chemical India Ltd overvalued?

On its own history, Sumitomo Chemical India Ltd looks mid-range against its own history: its P/E of 50.9× sits at the 44th percentile of its 6-year range (long-run median 51.7×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 24 July 2026.

Is Sumitomo Chemical India Ltd growing?

Yes — Sumitomo Chemical India Ltd is growing: latest-quarter revenue +0.7% year on year, profit +11.0%, and the margin +2.0 pp at 20.0%. The 8-year compound rates are 6.8% (revenue) and 17.9% (profit). The earnings engine currently reads: improving — as of 24 July 2026.

How is Sumitomo Chemical India Ltd performing?

Sumitomo Chemical India Ltd is building a base, 6 weeks in. Its latest quarter's revenue rose 0.7% and profit rose 11.0% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 24 July 2026.

What stage is Sumitomo Chemical India Ltd in?

Topping out — profit and EPS growth have decelerated hard (profit growth +37.0% at its peak → +7.1% latest) while ROCE still reads 22.0%. The read comes from the last 12 quarters of growth (revenue growth +2.9% latest, profit growth +7.1% latest, eps growth +7.4% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.

Is Sumitomo Chemical India Ltd in an uptrend?

No — the price is building a base (week 6 of stage 1), trading +16.0% versus its 200-day average and at 72% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.

Is Sumitomo Chemical India Ltd beating the market?

On recent form, yes — Sumitomo Chemical India Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 6.5 years the stock moved +133% against the NIFTY 500's +135% — behind the index over the full window. — as of 24 July 2026.

Will Sumitomo Chemical India Ltd's share price go up?

This page publishes no price forecast for Sumitomo Chemical India Ltd. What it measures instead: the share price is ₹539, the price is building a base 6 weeks in. Its P/E of 50.9× sits at the 44th percentile of its own 6-year range. — as of 24 July 2026.

Who owns Sumitomo Chemical India Ltd?

Promoters hold 75.0% of Sumitomo Chemical India Ltd, foreign institutions 3.0%, domestic institutions 9.3% and the public 12.7% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 2.2 points over 8 quarters. — as of 24 July 2026.

Does Sumitomo Chemical India Ltd have too much debt?

No — Sumitomo Chemical India Ltd's debt-to-equity is 0.02, and operating profit covers the interest bill 84×. FY26 borrowings were ₹63.0 Cr against equity of ₹3,390 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.

What is Sumitomo Chemical India Ltd's capex?

Sumitomo Chemical India Ltd spent ₹290 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹79.0 Cr, with ₹20.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.

What is Sumitomo Chemical India Ltd's cash flow?

Sumitomo Chemical India Ltd generated ₹446 Cr of operating cash flow in FY26 and ₹367 Cr of free cash flow after ₹79.0 Cr of capital spending. Reported profit that year was ₹543 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.

Is Sumitomo Chemical India Ltd's profit real cash?

Yes — over the last 3 fiscal years, 117% of Sumitomo Chemical India Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹446 Cr against reported profit of ₹543 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.

Where is Sumitomo Chemical India Ltd in its business cycle?

Sumitomo Chemical India Ltd's FY26 operating margin was 21.0%, against a 9-year band of 11.0%–21.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 20.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.

What could break the Sumitomo Chemical India Ltd story?

Biggest watch item: margins are the best this company has ever printed — every ratio flatters at record profitability, so the whole story leans on margins holding. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.

Is Sumitomo Chemical India Ltd a stock worth studying right now?

This is not investment advice. The machine read: Sumitomo Chemical India Ltd's earnings have outrun its stock. EPS grew +7.4% in a year against a −11.2% price move. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.

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