530845

Sunshield Chem. share price & financials

Price
₹1,213.8
Market cap
₹1.1k Cr
Sector
Chemicals

What Sunshield Chem. does

Sunshield Chemicals manufactures and sells specialty chemicals used as functional additives across a range of industrial applications. Its main products are THEIC (a PVC/heat stabilizer available in powder and noodle form), ethoxylates and propoxylates (dispersing/emulsifying agents used in paper & pulp and agro-formulations), antioxidants (used in plastic and rubber processing, fuels and adhesives), HQEE (a chain extender for polyurethanes) and BC 700 (a matting agent for paints and varnishes). These products are sold to customers in metal treatment, wire enamels & insulation, PVC stabilizers, inks & coatings, agrochemicals & fertilizers, plastics/polymers/rubber, textile processing, latex products & tyres, and home/personal-care and detergent formulations, both within India and in export markets including the Americas, Europe and the Far East.

Employees
218
Core product lines
5 (THEIC, Ethoxylates & Propoxylates, Antioxidants, HQEE, BC 700)
End-use industries served
10+ (metal treatment, wire enamels & insulation, PVC stabilizers, inks & coatings, agrochemicals & fertilizers, plastics/polymers/rubber, textile processing, latex & tyres, personal care, detergents)
Export markets
Americas, Europe, Far East
Founded 1986Headquarters Mumbai, MaharashtraEmployees 218 (FY25) Company website

Quarterly results

Q1 FY27: revenue up 11.4%, net profit up 85.7% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue93 85 110 114 122 +31%95 +12%110 +0%127 +11%
EBITDA8 7 12 13 14 +75%9 +29%16 +33%20 +54%
Net profit3 2 6 7 7 +133%5 +150%11 +83%13 +86%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +13.2% 1Y

₹0.8k₹1.0k₹1.2kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹1,078.55 on 10 Sept 2025 → ₹1,220.6. High ₹1,277.05 (18 Aug 2026), low ₹729.1 (30 Mar 2026).

Financials, as filed

Revenue grew 21.8% a year over 3 years, FY23 to FY26. Operating margin narrowed to 11.8%.

Year endingFY23FY24FY25FY26
Revenue₹244 Cr₹284 Cr₹366 Cr₹441 Cr
Operating profit₹31 Cr₹41 Cr₹35 Cr₹52 Cr
Operating margin12.6%14.4%9.6%11.8%
Interest₹8 Cr₹8 Cr₹8 Cr₹5 Cr
Depreciation₹7 Cr₹8 Cr₹11 Cr₹12 Cr
Net profit₹13 Cr₹19 Cr₹15 Cr₹30 Cr
Net margin5.4%6.7%4.1%6.8%
Cash from operations₹14 Cr₹42 Cr₹48 Cr₹10 Cr
Free cash flow₹6 Cr₹1 Cr₹-2 Cr₹-11 Cr
ROCE19.0%22.0%15.0%20.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹7 Cr₹7 Cr₹7 Cr₹7 Cr₹7 Cr₹9 Cr
Reserves₹19 Cr₹46 Cr₹59 Cr₹75 Cr₹100 Cr₹243 Cr
Borrowings₹88 Cr₹79 Cr₹77 Cr₹85 Cr₹88 Cr₹0 Cr
Other liabilities₹24 Cr₹41 Cr₹34 Cr₹61 Cr₹84 Cr₹53 Cr
Total liabilities₹138 Cr₹173 Cr₹177 Cr₹229 Cr₹279 Cr₹305 Cr
Fixed assets₹66 Cr₹71 Cr₹79 Cr₹75 Cr₹128 Cr₹157 Cr
Capital work in progress₹1 Cr₹7 Cr₹1 Cr₹45 Cr₹37 Cr₹6 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹71 Cr₹95 Cr₹97 Cr₹109 Cr₹115 Cr₹142 Cr
Total assets₹138 Cr₹173 Cr₹177 Cr₹229 Cr₹279 Cr₹305 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −4.74 pp while FIIs added +2.65 pp. The shareholder count grew 12% to 5,318.

Promoters
66.5%
FIIs
9.1%
DIIs
0.0%
Public
24.3%

Since Jun 2025

  • Public −4.74 pp
  • FIIs +2.65 pp
  • Promoters +2.09 pp

How it drifted, 12 quarters

Over this window the public fell from 32.6% to 24.3% — −8.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 62.4%, FIIs 5.0%, DIIs 0.0%, Public 32.6%.Dec '23: Promoters 62.4%, FIIs 5.0%, DIIs 0.0%, Public 32.6%.Mar '24: Promoters 62.4%, FIIs 5.0%, DIIs 0.0%, Public 32.6%.Jun '24: Promoters 62.4%, FIIs 5.0%, DIIs 0.0%, Public 32.6%.Sep '24: Promoters 62.4%, FIIs 5.4%, DIIs 0.0%, Public 32.2%.Dec '24: Promoters 62.4%, FIIs 6.7%, DIIs 0.0%, Public 30.9%.Mar '25: Promoters 64.5%, FIIs 6.4%, DIIs 0.0%, Public 29.1%.Jun '25: Promoters 64.5%, FIIs 6.5%, DIIs 0.0%, Public 29.1%.Sep '25: Promoters 64.5%, FIIs 8.0%, DIIs 0.0%, Public 27.5%.Dec '25: Promoters 66.0%, FIIs 8.5%, DIIs 0.0%, Public 25.5%.Mar '26: Promoters 66.5%, FIIs 8.5%, DIIs 0.0%, Public 25.0%.Jun '26: Promoters 66.5%, FIIs 9.1%, DIIs 0.0%, Public 24.3%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Sunshield Chem. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Indus Petrochem Limited 62.36%unchanged
Habrok India Master Lp FPI fund4.25%+0.44 pp
Cassini Partners, L.P. Managed By Habrok Capital Management Llp FPI fund3.81%+0.19 pp
Coppersmith Energies And Project Pvt Ltd 3.16%unchanged
Lincoln P Coelho 1.25%unchanged
Dipak Kanayalal Shah 1.02%unchanged
Swarna Omprakash Malhotra 0.99%unchanged
Jeet Sudhir Malhotra 0.02%unchanged
Sudhir Omprakash Malhotra 0.01%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Attractive

To justify its price of ₹1221, this stock must grow earnings at 21% every year for 7 years. Our analysis caps realistic growth at ~30%. At that growth it is worth ₹1904 — upside of 56%.

Growth the price implies
21.0% a year
for 7 years, fading to 4%
It has actually compounded at
31.4% a year
net profit, FY23–FY26 · EPS 29.9%
The gap
-0.1 pp
56% downside if it only repeats history
Price today ₹1,220.6 Value at the reference growth ₹1,903.84

Change the assumptions yourself →

Learn to analyse Sunshield Chem.

Guides on how to read this kind of business and the numbers that matter.