Sunshield Chemicals share price today

Sunshield Chemicals Ltd's share price was ₹1,064.90 at the close on 4 November 2026. It has been rising for 22 weeks. That is 1.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹746 and ₹1,277, and at that close it sat 60% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Sunshield Chemicals Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running.

Over the last 11 years the share price moved +235% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: best operating margin in 10 quarters, promoters raised their stake for 4 quarters in a row and highest quarterly profit in 15 quarters.

1. Best operating margin in 10 quarters

   Operating margin was 16% in the June 2026 quarter, against 11% a year earlier.

2. Promoters raised their stake for 4 quarters in a row

   From 64.5% to 66.6% of the company by the September 2026 quarter.

3. Highest quarterly profit in 15 quarters

   Profit of ₹13 crore in the June 2026 quarter is the highest of the last 15 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Sunshield Chemicals reported revenue of ₹127 crore, up 11.4% from ₹114 crore a year earlier, and a profit of ₹13.0 crore, up 85.7% from ₹7.00 crore.

Sunshield Chemicals results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Sunshield Chemicals closed at ₹1,064.90 on 4 November 2026, up 6.8% from ₹997.55 a year earlier (7 November 2025) and up 203.7% over five years. Its highest weekly close since March 2016 was ₹1,277.05 on 18 August 2026.

Sunshield Chemicals share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

542 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Sunshield Chemicals closed at ₹1,064.90, up 7.6% on the week and up 0.4% on the month. Our read, 19 Jul 2026: Revenue grew from 199 Cr in FY21 to 366 Cr in FY25 as the company commissioned 128 Cr of cumulative capital spending funded entirely from operating cash flows. Operating margin troughed at 8% in Dec 2024 as the new asset base was being absorbed, and has since recovered to 11.5% in Sep 2025, a trajectory consistent with fixed-cost operating leverage on rising utilization.

Earlier

• Results for April to June 2026: Revenue up 11.4% and profit up 85.7% on a year earlier.

Our read of the business

Revenue grew from 199 Cr in FY21 to 366 Cr in FY25 as the company commissioned 128 Cr of cumulative capital spending funded entirely from operating cash flows. Operating margin troughed at 8% in Dec 2024 as the new asset base was being absorbed, and has since recovered to 11.5% in Sep 2025, a trajectory consistent with fixed-cost operating leverage on rising utilization.

October to December 2025: Seasonal revenue softness at 95 Cr; GPM held at 26.2% confirming volume, not raw material, drove operating margin compression.

Our read after the October to December 2025 results, written 19 July 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

The NSE corporate-actions record has no dividend for Sunshield Chemicals since 1 April 2021, so this page cannot show amounts per share.

Yes. Sunshield Chemicals Ltd paid out 9% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

Operating margin falls back below 8% for two consecutive quarters while revenue stays above 100 Cr per quarter, ruling out the operating leverage thesis and implying a structural cost impairment not visible from the GPM stability, or borrowings reaccelerate above 120 Cr while quarterly operating cash flow drops below 10 Cr, indicating the capital spending cycle is reigniting without revenue conversion.

Each change stops working if

• : Revenue reverts below 90 Cr per quarter for two consecutive periods while CWIP continues rising, indicating the new lines are not absorbing.
• : GPM drops below 22% for two consecutive quarters, signalling raw material inflation is now the primary driver of margin pressure rather than operating leverage.
• : FII ownership falls below 5% for two consecutive quarters, reversing the accumulation pattern.

The main risks

• : Zero concall availability means the margin recovery thesis cannot be confirmed or challenged from management commentary. ⚠ estimate
• : Dec 2025 revenue at 95 Cr was 22% below Sep 2025's 122 Cr, larger than the prior year's seasonal dip, raising uncertainty about the pace of recovery. ⚠ estimate
• : Data is 135 days stale with two quarters (Mar and Jun 2026) missing, the thesis cannot reflect anything that happened after Dec 2025. ⚠ estimate

Our read after the October to December 2025 results, written 19 July 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When Sunshield Chemicals reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Company files financial results for Mar 2026 and Jun 2026 quarters without any accompanying shareholder note or concall.

Sunshield Chemicals is not on any of our India lists this week.

Sunshield Chemicals Ltd earned ₹13.0 Cr of net profit in the Jun 2026 quarter, +85.7% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹30.0 Cr. That is 10.2% of the quarter's revenue. The same quarter a year earlier earned ₹7.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹30.0 Cr (+100.0% on the year before).

Why profit moved: revenue changed +11.4% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +113.1% and revenue +13.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q4. revenue ₹110 Cr and profit ₹11 Cr as reported.

FY27-Q1. revenue ₹127 Cr and profit ₹13 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Sunshield Chemicals Ltd reported ₹127 Cr of revenue in the Jun 2026 quarter, +11.4% on the same quarter a year earlier. Over 10 years it has grown 11.4% a year on average. The last full year, FY26, came in at ₹441 Cr. The last four reported quarters add to ₹454 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹441 Cr, +20.5% on the year before.

Recent pace: the last four quarters grew +13.6% on average, against 11.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +12.9%, against +24.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +100.0%, against +37.6% a year (accelerating).

FY26-Q4. revenue ₹110 Cr and profit ₹11 Cr as reported.

FY27-Q1. revenue ₹127 Cr and profit ₹13 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Sunshield Chemicals Ltd's operating margin was 16.0% in the Jun 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 1.8% and 15.0%. The latest quarter is above every full year in that period.

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

Why the margin moved: operating margin changed +5.0 percentage points on the year while gross margin changed +4.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY26-Q4. revenue ₹110 Cr and profit ₹11 Cr as reported.

FY27-Q1. revenue ₹127 Cr and profit ₹13 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Over the last 3 years, 156% of Sunshield Chemicals Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹10.0 Cr of operating cash against ₹30.0 Cr of profit. After ₹10.0 Cr of spending on assets, ₹0.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 156% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 4.0× depreciation over three years. The next section checks what that spending is building.

Sunshield Chemicals Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 76 days in FY26, up from 69 days in FY21. It spent ₹111 Cr on assets over the last 3 years. Customers take 59 days to pay, and stock sits for 59 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Why this happened. Five years of OCF-funded capex (cumulative 128 Cr) produced fixed assets of 128 Cr and CWIP of 37 Cr by Sep 2025. Revenue followed: 199, 244, 245, 283, 366 Cr over FY21 to 25. Quarterly revenue has stabilized at 110 to 122 Cr per quarter in Mar–Sep 2025 against a prior run rate of 78 to 93 Cr in the FY25 trough quarters. The capex cycle appears to be moderating as borrowings peaked at 100 Cr and repaid to 88 Cr.

At FY26 sales of ₹441 Cr, each day of that cycle ties up about ₹1.2 Cr, so roughly ₹92.0 Cr is tied up in the business at any time.

FY26: customers took 59 days to pay and stock sat for 59 days, about 1.9 months of sales sitting as stock, for a full cycle of 76 days, longer than FY21's 69.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 59 days. Customers pay about 59 days after that. Suppliers are paid at 42 days. Together that makes the 76-day cycle.

Spending on assets: ₹111 Cr over the last 3 years, against ₹28.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹6.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Sunshield Chemicals Ltd's P/E is 25.8×, near the low end of its own history: it has been lower only 19% of the time. Its usual P/E (the middle reading) is 38.5×, over 8.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.