---
title: "Adarsh Chemicals & Fertilisers Ltd (ADARSHCHEM) — Share Price, Financials & Analysis"
symbol: "ADARSHCHEM"
company: "Adarsh Chemicals & Fertilisers Ltd"
canonical: "https://tapetide.com/stocks/ADARSHCHEM"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:59:53.405Z"
---

# Adarsh Chemicals & Fertilisers Ltd (ADARSHCHEM)

Canonical page: https://tapetide.com/stocks/ADARSHCHEM

## Company

- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 111% | 71% | -11% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 23 | 142 | 204 | 176 | 68 | 138 | 578 |
| Expenses | 17 | 112 | 145 | 163 | 60 | 123 | 514 |
| Operating Profit | 5 | 30 | 59 | 13 | 9 | 15 | 65 |
| OPM % | 23 | 21 | 29 | 7 | 13 | 11 | 11 |
| Other Income | 1 | 1 | 1 | 3 | 12 | 3 | 10 |
| Interest | 1 | 2 | 2 | 2 | 3 | 4 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| Profit before tax | 5 | 29 | 58 | 14 | 17 | 13 | 66 |
| Tax % | 51 | 23 | 27 | 32 | 26 | 27 | 26 |
| Net Profit | 3 | 22 | 43 | 9 | 13 | 9 | 49 |
| EPS in Rs | 75.39 | 3.14 | 5.76 | 1.27 | 1.74 | 1.07 | 5.68 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.03 | 0.03 | 1.2 | 0.01 | 0.01 | 0.01 | 0.01 | 0.47 | 0.01 |
| Operating Profit | -0.03 | -0.03 | -1.2 | -0.01 | -0.01 | -0.01 | -0.01 | -0.47 | -0.01 |
| Other Income | 0 | 0 | 2.38 | 0.1 | 0.01 | 0.02 | 0 | 3.68 | 0.06 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.03 | -0.03 | 1.18 | 0.09 | 0 | 0.01 | -0.01 | 3.21 | 0.05 |
| Tax % | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 |
| Net Profit | -0.03 | -0.03 | 1.18 | 0.09 | 0 | 0.01 | -0.01 | 3.21 | 0.05 |
| EPS in Rs | -0.02 | -0.02 | 0.79 | 0.06 | 0 | 0.01 | -0.01 | 2.15 | 0.03 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 |
| Reserves | -88.14 | -88.17 | -86.98 | -86.9 | -86.89 | -86.89 | -86.9 | -83.69 | -83.64 |
| Borrowings | 61.33 | 61.21 | 59.99 | 59.99 | 59.99 | 59.99 | 59.99 | 57.17 | 57.17 |
| Other Liabilities | 12.35 | 12.36 | 12.37 | 12.39 | 12.39 | 12.41 | 12.42 | 12.42 | 12.43 |
| Total Liabilities | 0.28 | 0.14 | 0.12 | 0.22 | 0.23 | 0.25 | 0.25 | 0.64 | 0.7 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.28 | 0.14 | 0.12 | 0.22 | 0.23 | 0.25 | 0.25 | 0.64 | 0.7 |
| Total Assets | 0.28 | 0.14 | 0.12 | 0.22 | 0.23 | 0.25 | 0.25 | 0.64 | 0.7 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | — | 0 | 0 | — | — | — | — |
| Cash from Investing Activity | — | — | — | 0 | 0 | — | — | — | — |
| Cash from Financing Activity | — | — | — | 0.1 | 0.01 | — | — | — | — |
| Net Cash Flow | — | — | — | 0.1 | 0.01 | — | — | — | — |
| Free Cash Flow | — | — | — | 0 | 0 | — | — | — | — |
| CFO/OP | — | — | — | 0 | 0 | — | — | — | — |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- |
| Debtor Days | 140 | 80 | 22 | 97 |
| Inventory Days | 30 | 3 | 2 | 2 |
| Days Payable | 65 | 23 | 12 | 67 |
| Cash Conversion Cycle | 105 | 60 | 12 | 32 |
| Working Capital Days | -35 | 20 | 28 | 56 |
| ROCE % | — | 35 | 68 | 40 |

## Shareholding Pattern

### annual

| Category | Dec 2025 |
| --- | --- |
| Promoters | 65.67% |
| FIIs | 1.49% |
| DIIs | 11.2% |
| Public | 21.65% |
| No. of Shareholders | 38830 |

### Quarterly

| Category | Sep 2025 | Dec 2025 |
| --- | --- | --- |
| Promoters | 65.67% | 65.67% |
| FIIs | 3.4% | 1.49% |
| DIIs | 11.8% | 11.2% |
| Public | 19.13% | 21.65% |
| No. of Shareholders | 36896 | 38830 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Section 9 petition filed Jan 24, 2026 over 100MW and 260MW projects; claims ~INR 92.4 crore. | [Announcement Under Regulation 30 Of LODR- Intimation Of Litigation 6 Feb - Section 9 petition filed Jan 24, 2026 over 100MW and 260MW projects; claims ~INR 92.4 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2586a55a-8a1e-481e-b8c9-0b4e24133a7a.pdf) |
| 5 Feb - Of Group Meeting with Analysts / Investors under Regulation 30 of SEBI (LODR) Regulations, 2015 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Feb - Of Group Meeting with Analysts / Investors under Regulation 30 of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7dbe3453-d5e4-413d-8ef9-05493385b758.pdf) |
| 5 Feb - Of Group Meeting with Analysts / Investors under Regulation 30 of SEBI (LODR) Regulations, 2015 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Feb - Of Group Meeting with Analysts / Investors under Regulation 30 of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75c9e80e-9e0d-42ea-8570-b7cb65cdbe5a.pdf) |
| 5 Feb - Crisil monitoring report: Rs5,500m IPO+Pre-IPO proceeds; majority parked in FDs; no deviations, quarter ended Dec 31, 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 5 Feb - Crisil monitoring report: Rs5,500m IPO+Pre-IPO proceeds; majority parked in FDs; no deviations, quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/560ce170-309b-4379-bcab-903196f8f0be.pdf) |
| 26 Feb - Crisil upgraded Solarworld to Crisil A-/Stable and A2+; bank facilities enhanced to Rs420 crore (Feb 26, 2026). | [Announcement under Regulation 30 (LODR)-Credit Rating 26 Feb - Crisil upgraded Solarworld to Crisil A-/Stable and A2+; bank facilities enhanced to Rs420 crore (Feb 26, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb1b5cac-adb2-443a-90e6-8edffa30c161.pdf) |
| 25 Feb - Feb 24, 2026 MoU: ZNShine and Intelenergi to market/supply Roorkee PV modules; indicative 25 MW. | [Intimation Of Signing Of Non-Binding Memorandum Of Understanding ('Mou') 25 Feb - Feb 24, 2026 MoU: ZNShine and Intelenergi to market/supply Roorkee PV modules; indicative 25 MW.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61f24c1b-196e-4320-bf0c-b44e4ef58dbc.pdf) |
| 2 Feb - Transcript of the Investor/Analyst Earning Call held on Wednesday, January 28, 2026. | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 2 Feb - Transcript of the Investor/Analyst Earning Call held on Wednesday, January 28, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9af97e6-fc33-4d6a-bac1-7c5f4d65d4d3.pdf) |
| 17h - CARE Ratings withdrew Solarworld issuer rating per company request; letter dated March 05, 2026 (received March 09, 2026). | [Announcement under Regulation 30 (LODR)-Credit Rating 17h - CARE Ratings withdrew Solarworld issuer rating per company request; letter dated March 05, 2026 (received March 09, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachLive/96d1b34c-a7e0-4180-8e01-795a3758b1da.pdf) |
| 10h - CIN changed to L15100DL2013PLC255455; MCA listing status updated to Yes; shares listed Sept 30, 2025. | [Intimation Of Updation Of CIN On The MCA 10h - CIN changed to L15100DL2013PLC255455; MCA listing status updated to Yes; shares listed Sept 30, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0f6c8ed5-4add-4476-b3dc-bc3bda3517d2.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/098e7f4d-68bd-4f31-a68b-d2f1d85b502e.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ebfc08f-6351-4d87-abac-09a802763996.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31572270-6d8a-4b71-b05e-29af2b633628.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:59:53.405Z.
