BASF India Ltd
BASF NSE
BASF India Ltd
CommoditiesNSE: BASF BSE: 500042 Chemicals & Petrochemicals
Key Fundamentals
SmallcapSpecialty ChemicalsChemicalsMarket Cap
₹17,335 Cr
Volatility
Moderate
P/E Ratio
27.27
EBITDA
₹726 Cr
Return on Equity
10.52%
Debt to Equity
0.03
Book Value
₹914.27
EPS
₹129.85
52W High
₹4,829.9
52W Low
₹3,122.2
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view BASF India Ltd insights
43 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 18.3%
Weaknesses
2- The company has delivered a poor sales growth of 9.41% over past five years.
- Company has a low return on equity of 13.9% over last 3 years.
Growth Rate
Revenue Growth
1.01% ↘
Net Income Growth
-13.99% ↘
Cash Flow Change
-129.54% ↘
ROE
-20.96% ↘
ROCE
-19.87% ↘
EBITDA Margin (Avg.)
-11.21% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk medium
BASF India Ltd is a nearly debt-free specialty chemicals company with a market cap of Rs 17,526 Cr trading at a PE of 26.9x. TTM profit growth of 50% marks a recovery, though 3-year profit CAGR remains modest at 2% and ROE has declined from 16% (5-year average) to 11% in the last year.
Bull Case 8
- Company is almost debt-free, providing financial flexibility and resilience through commodity cycles
- TTM profit growth of 50% signals a sharp earnings recovery after a period of subdued performance
- 10-year compounded sales growth of 12% demonstrates long-term revenue scaling ability
- 10-year stock CAGR of 14% indicates sustained long-term wealth creation for shareholders
- 5-year average ROE of 16% reflects historically efficient capital deployment
- 10-year compounded profit growth of 15% shows durable earnings compounding over a full cycle
- Backed by BASF SE (global parent), providing access to proprietary technology, R&D pipeline, and global best practices
- Consistent dividend payout ratio of 18.3% demonstrates commitment to returning cash to shareholders even in lean years
Bear Case 8
- 5-year compounded sales growth of only 9% indicates sluggish top-line momentum for a specialty chemicals player
- 3-year ROE of only 14% and last year ROE declining to 11% suggest deteriorating return on capital
- 3-year compounded profit growth of just 2% points to earnings stagnation over a meaningful period
- Stock has declined 13% over the past 1 year, underperforming broader markets significantly
- 5-year stock CAGR of only 2% implies very poor medium-term shareholder returns
- Dividend yield of just 0.63% offers minimal income cushion for investors during periods of capital erosion
- PE of 26.9x appears elevated relative to 3-year profit CAGR of 2%, implying limited margin of safety if earnings disappoint
- Price-to-book of 4.36x is rich for a company delivering only 11% ROE in the last year, suggesting stretched valuations
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 5h ago Headwinds 1
- Dahej plants closure by 2026 Aug 4
Board approved closure of sulfation and low-temperature reactor plants at Dahej site by end-2026 due to margin pressure and overcapacity in the competitive landscape.
Positives 2
- Q1FY27 profit surges 146-166% YoY Aug 12
Profit before tax surged 166% YoY to ₹499 crore and standalone net profit rose 146% to ₹3,620.5 million in Q1FY27, driven by higher volumes, better price realization, and strong Materials and Chemicals segments. Revenue rose 29% to ₹4,998 crore.
- Renewable energy stake acquisition Aug 4
Board approved acquisition of 14.18% stake in Clean Max Galapagos Private Limited for up to ₹9.45 million to secure renewable power for its Navi Mumbai site.
Neutral 1
- Coatings sale and agri demerger Aug 18
Completed the sale of its coatings business for ₹230 crore and approved an agri-solutions demerger as part of portfolio restructuring. Full-year FY26 revenue rose 2% to ₹15,539 crore.
TL;DR: BASF India delivered a standout Q1FY27 with profit surging 146-166% YoY on volume growth and better realization, decisively reversing FY26 weakness. The company is actively reshaping its portfolio — exiting coatings, demerging agri-solutions, and closing uneconomic Dahej plants while investing in renewable energy. Key risk is overcapacity-driven margin pressure in care chemicals. The earnings trend is strongly improving, though sustainability of volume growth bears watching in coming quarters.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,375 | 3,707 | 3,326 | 3,360 | 3,967 | 4,248 | 3,635 | 3,189 | 3,752 | 3,904 | 3,877 | 3,453 | 4,837 |
| Expenses | 3,177 | 3,473 | 3,114 | 3,114 | 3,654 | 4,047 | 3,465 | 3,126 | 3,530 | 3,750 | 3,707 | 3,341 | 4,333 |
| Operating Profit | 198 | 234 | 212 | 246 | 312 | 201 | 170 | 63 | 222 | 154 | 169 | 112 | 505 |
| OPM % | 6% | 6% | 6% | 7% | 8% | 4.7% | 4.7% | 2% | 6% | 3.9% | 4.4% | 3.2% | 10% |
| Other Income | 9 | 16 | 27 | 25 | 36 | 18 | 18 | 43 | 21 | 27 | 11 | 12 | 41 |
| Interest | 8 | 2 | 3 | 3 | 5 | 3 | 4 | 4 | 5 | 8 | 5 | 2 | 5 |
| Depreciation | 47 | 47 | 49 | 48 | 47 | 45 | 45 | 38 | 38 | 37 | 34 | 37 | 41 |
| PBT | 152 | 200 | 187 | 219 | 297 | 171 | 138 | 64 | 201 | 136 | 141 | 85 | 499 |
| Tax % | 26% | 26% | 25% | 26% | 26% | 25% | 25% | 27% | 27% | 25% | 26% | 25% | 27% |
| Net Profit | 113 | 149 | 140 | 162 | 221 | 128 | 104 | 47 | 147 | 101 | 105 | 64 | 362 |
| EPS in Rs | 26.03 | 34.45 | 32.36 | 37.31 | 50.96 | 29.56 | 23.93 | 10.88 | 34 | 23.34 | 24.29 | 14.69 | 83.64 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,706 | 4,749 | 5,073 | 5,583 | 6,026 | 7,595 | 9,558 | 13,100 | 13,645 | 13,767 | 14,811 | 14,985 | 16,071 |
| Expenses | 4,572 | 4,642 | 4,802 | 5,238 | 5,861 | 7,316 | 8,926 | 12,188 | 12,958 | 12,878 | 14,069 | 14,329 | 15,132 |
| Operating Profit | 133 | 107 | 271 | 346 | 165 | 279 | 633 | 911 | 687 | 890 | 742 | 656 | 939 |
| OPM % | 2.8% | 2.3% | 5% | 6% | 2.7% | 3.7% | 7% | 7% | 5% | 6% | 5% | 4.4% | 6% |
| Other Income | 39 | 173 | 27 | 182 | 139 | -4 | 419 | 37 | 53 | 76 | 114 | 70 | 90 |
| Interest | 96 | 148 | 142 | 113 | 85 | 83 | 38 | 17 | 14 | 16 | 16 | 20 | 20 |
| Depreciation | 142 | 163 | 169 | 153 | 147 | 181 | 174 | 171 | 182 | 191 | 170 | 145 | 149 |
| PBT | -66 | -30 | -12 | 261 | 72 | 10 | 840 | 760 | 543 | 759 | 671 | 562 | 861 |
| Tax % | 2% | 0% | 13% | 6% | -14% | -131% | 34% | 22% | 26% | 26% | 26% | 26% | — |
| Net Profit | -67 | -30 | -14 | 246 | 82 | 23 | 553 | 595 | 403 | 563 | 499 | 417 | 632 |
| EPS in Rs | -15.46 | -7.02 | -3.26 | 56.95 | 18.88 | 5.28 | 128 | 137 | 93.08 | 130 | 115 | 96.32 | 146 |
| Div. Payout % | -26% | -14% | -31% | 5% | 26% | 57% | 8% | 4% | 9% | 12% | 17% | 26% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 |
| Reserves | 1,119 | 1,073 | 1,059 | 1,301 | 1,370 | 1,201 | 1,743 | 2,293 | 2,658 | 3,180 | 3,614 | 3,934 |
| Borrowings | 1,600 | 1,349 | 1,275 | 868 | 912 | 822 | 286 | 122 | 106 | 156 | 157 | 132 |
| Other Liabilities | 1,406 | 1,311 | 1,498 | 1,635 | 1,524 | 2,764 | 3,072 | 3,652 | 3,758 | 3,853 | 4,517 | 4,072 |
| Total Liabilities | 4,168 | 3,777 | 3,875 | 3,846 | 3,849 | 4,830 | 5,144 | 6,110 | 6,565 | 7,233 | 8,330 | 8,181 |
| Fixed Assets | 1,351 | 1,289 | 1,222 | 1,117 | 957 | 965 | 817 | 763 | 793 | 759 | 694 | 725 |
| CWIP | 74 | 55 | 33 | 27 | 42 | 23 | 53 | 100 | 19 | 61 | 84 | 160 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 213 | 8 |
| Other Assets | 2,743 | 2,433 | 2,619 | 2,702 | 2,850 | 3,842 | 4,274 | 5,247 | 5,753 | 6,413 | 7,339 | 7,288 |
| Total Assets | 4,168 | 3,777 | 3,875 | 3,846 | 3,849 | 4,830 | 5,144 | 6,110 | 6,565 | 7,233 | 8,330 | 8,181 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -96 | 199 | 221 | 290 | -77 | 572 | 483 | 330 | 531 | 807 | 389 | -101 |
| Investing | -163 | 199 | -66 | 158 | 177 | -21 | 182 | -120 | -199 | -450 | -111 | 377 |
| Financing | 372 | -425 | -133 | -465 | -95 | -464 | -592 | -257 | -91 | -102 | -137 | -170 |
| Net Cash Flow | 113 | -27 | 22 | -16 | 5 | 87 | 73 | -47 | 241 | 255 | 141 | 106 |
| Free Cash Flow | -268 | 195 | 143 | 251 | -148 | 516 | 417 | 206 | 468 | 708 | 221 | -292 |
| CFO/OP | -61 | 201 | 85 | 97 | -18 | 210 | 87 | 64 | 100 | 114 | 78 | -5 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 80 | 77 | 71 | 63 | 68 | 79 | 73 | 63 | 67 | 62 | 67 |
| Inventory Days | 106 | 85 | 93 | 94 | 99 | 93 | 73 | 66 | 71 | 68 | 80 | 79 |
| Days Payable | 98 | 117 | 120 | 117 | 103 | 133 | 126 | 112 | 108 | 114 | 118 | 107 |
| Cash Conversion Cycle | 80 | 49 | 50 | 48 | 59 | 28 | 25 | 26 | 26 | 21 | 24 | 40 |
| Working Capital Days | 43 | 43 | 36 | 28 | 32 | 10 | 26 | 34 | 37 | 44 | 41 | 51 |
| ROCE % | 0% | -2% | 5% | 9% | 1% | 6% | 23% | 34% | 20% | 25% | 18% | 15% |
Documents
1
Transcript Of The 82Nd Annual General Meeting Of BASF India Limited Held On 12Th August 2026
18 Aug - BASF India shares 82nd AGM transcript, FY26 results, 250% dividend, Cellasto Dahej commissioning, and coatings transfer. 18 Aug - BASF India shares 82nd AGM transcript, FY26 results, 250% dividend, Cellasto Dahej commissioning, and coatings transfer.
2
Clarification sought from BASF India Ltd
6 May - Exchange has sought clarification from BASF India Ltd on May 6, 2026, with reference to news appeared in https://www.thehindubusinessline.com dated May 5, 2026, quoting "BASF … 6 May - Exchange has sought clarification from BASF India Ltd on May 6, 2026, with reference to news appeared in https://www.thehindubusinessline.com dated May 5, 2026, quoting "BASF …
3
Clarification In Respect Of News Article
6 May - Clarifies Hyderabad global service and digital hubs belong to BASF subsidiaries, not BASF India. 6 May - Clarifies Hyderabad global service and digital hubs belong to BASF subsidiaries, not BASF India.
4
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Apr - IEPF newspaper publication in connection with transfer of unpaid/ unclaimed dividend and resultant shares for FY 2018-19 17 Apr - IEPF newspaper publication in connection with transfer of unpaid/ unclaimed dividend and resultant shares for FY 2018-19
5
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
7 Apr - On April 7, 2026, BASF India confirmed it is not a Large Corporate under SEBI debt rules. 7 Apr - On April 7, 2026, BASF India confirmed it is not a Large Corporate under SEBI debt rules.
Frequently Asked Questions about BASF India Ltd
What does BASF India Ltd do?
BASF India Ltd's portfolio consists of six segments: Agricultural Solutions, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and Chemicals.[1]
It is a part of BASF group which have ~110,000 employees globally in almost every country in the world. It generated sales of ~59 ...
Where is BASF India Ltd (BASF) listed?
BASF India Ltd is listed on the Indian stock exchanges. It is listed on NSE: BASF and BSE: 500042. You can view its live share price, financials, and ratios on Tapetide.
Which sector does BASF India Ltd belong to?
BASF India Ltd operates in the Commodities sector within the Chemicals & Petrochemicals industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of BASF India Ltd?
BASF India Ltd has a market capitalisation of approximately ₹17335.47 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of BASF India Ltd?
The Price-to-Earnings (PE) ratio of BASF India Ltd is 27.27. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of BASF India Ltd?
Over the past 52 weeks, BASF India Ltd has traded between a low of ₹3,122.2 and a high of ₹4,829.9. This range helps investors understand the stock's price volatility and recent trading levels.
Does BASF India Ltd pay dividends?
Yes, BASF India Ltd has a dividend yield of 0.62%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of BASF India Ltd?
BASF India Ltd has a Return on Equity (ROE) of 10.52%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research BASF India Ltd on Tapetide?
On Tapetide, you can view BASF India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
BASF India Ltd's portfolio consists of six segments: Agricultural Solutions, Materials, Industrial solutions, Surface Technologies, Nutrition & Care and Chemicals.[1] It is a part of BASF group which have ~110,000 employees globally in almost every country in the world. It generated sales of ~59 billion euros in 2020.[2]
Website basf.com/in/en.html
CEO Mr. Alexander Gerding
Employees 1,367
Listed 1995-05-17
Face Value ₹ 10
Issued Size 4,32,85,640