---
title: "Metrochem Industries Ltd(merged) (METROCHEM) — Share Price, Financials & Analysis"
symbol: "METROCHEM"
company: "Metrochem Industries Ltd(merged)"
canonical: "https://tapetide.com/stocks/METROCHEM"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:16:47.211Z"
---

# Metrochem Industries Ltd(merged) (METROCHEM)

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

## Company

- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** DELISTED
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** metrochemgroup.com

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Earnings include an other income of Rs.47.6 Cr.
- Company has high debtors of 220 days.
- Working capital days have increased from 1,044 days to 2,785 days

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | — | 99% |
| revenue growth | -95% | -63% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Sales | 175 | 241 | 249 | 223 | 12 |
| Expenses | 156 | 215 | 220 | 211 | 15 |
| Operating Profit | 18 | 26 | 29 | 12 | -3 |
| OPM % | 10 | 11 | 12 | 5 | -23 |
| Other Income | 2 | 1 | 3 | 0 | 48 |
| Interest | 7 | 9 | 11 | 9 | 0 |
| Depreciation | 10 | 11 | 11 | 9 | 1 |
| Profit before tax | 3 | 8 | 10 | -5 | 43 |
| Tax % | -83 | 31 | 32 | -38 | 6 |
| Net Profit | 5 | 5 | 7 | -3 | 41 |
| Dividend Payout % | 50 | 43 | 33 | 0 | 6 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 11 |
| Reserves | 74 | 76 | 81 | 77 | 118 |
| Borrowings | 70 | 104 | 124 | 79 | 15 |
| Other Liabilities | 38 | 43 | 43 | 31 | 10 |
| Total Liabilities | 193 | 234 | 259 | 199 | 154 |
| Fixed Assets | 69 | 65 | 80 | 84 | 5 |
| CWIP | 2 | 2 | 5 | 3 | 1 |
| Investments | 1 | 1 | 1 | 1 | 7 |
| Other Assets | 122 | 167 | 174 | 112 | 141 |
| Total Assets | 193 | 234 | 259 | 199 | 154 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 19 | -13 | 10 | 62 | 6 |
| Cash from Investing Activity | 2 | -7 | -25 | -10 | 129 |
| Cash from Financing Activity | -17 | 20 | 10 | -53 | -94 |
| Net Cash Flow | 5 | 0 | -4 | -1 | 41 |
| Free Cash Flow | 21 | -20 | -14 | 52 | 5 |
| CFO/OP | 124 | -36 | 47 | 519 | -423 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 99 | 120 | 127 | 86 | 220 |
| Inventory Days | 108 | 84 | 81 | 67 | 86 |
| Days Payable | 70 | 64 | 59 | 41 | 77 |
| Cash Conversion Cycle | 137 | 140 | 149 | 112 | 229 |
| Working Capital Days | 187 | 194 | 206 | 141 | 2785 |
| ROCE % | — | 9 | 10 | 2 | 28 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 4 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 93.76 | Sell |
| EMA (10) | 91.48 | Sell |
| SMA (20) | 93.2 | Sell |
| EMA (20) | 91.74 | Sell |
| SMA (50) | 88.85 | Sell |
| EMA (50) | 89.72 | Sell |
| SMA (100) | 86.45 | Sell |
| EMA (100) | 87.69 | Sell |
| SMA (200) | 82.23 | Buy |
| EMA (200) | 85.81 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.12 | Neutral |
| MACD (12,26,9) | 0.48 | Sell |
| Stochastic (14,3,3) | 7.14 | Buy |
| ADX (14) | 20.18 | Neutral |
| Williams %R (14) | -90.24 | Buy |
| ATR (14) | 5 | High Volatility |
| ROC (12) | -12.95 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 46.34 | Neutral |

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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 2026-09-13T19:16:47.211Z.